FDAT

Tactical Advantage ETF

How To Buy
Net Asset Value
$00.00
As of 04/13/2023
Net Asset Value
$00.00
As of 04/13/2023

Overview

Investment Approach

FDAT uses a proprietary, actively managed strategy, which seeks to achieve S&P 500[1] comparable returns while keeping the Funds’ standard deviation[2] and beta[3] at significantly reduced levels when compared to the S&P 500. The Fund seeks to accomplish these two objectives by first, being fully invested in various equity holdings during market upswings. It then seeks to minimize Fund losses during market declines by raising its cash holdings which can then be reinvested back into the equity holdings when more favorable investing opportunities arise.  

Fund Description

Low Volatility investments have traditionally required investors to accept lower returns in their attempt to minimize volatility. We created the Tactical Advantage ETF because we believe investors shouldn’t have to accept such an outdated ideology. FDAT’s inherent flexible strategy allows it to substantially reduce the funds’ exposure to potential investment volatility yet still seeking to achieve long-term equity market returns for our investors. While we are passionate about our strategy, its effectiveness in all market conditions cannot be guaranteed.  

Low Volatility Investment

Actively Managed ETF

Actively Managed

A diversified solution providing daily active management.
Tactical Investment Strategy

Tactical Strategy

Goal-based investors may have greater chance for success vs. a traditional 60/40 allocation.
Low Volatility Investment ETF

Prudent Market Navigation

Seeks to limit exposure to equity market declines by raising cash during unfavorable equity market conditions.

Seeking to Maximize Gains

Systematic Trading

A methodical trading system based on defined risk controls and rules.

Fund Details

As of 04/17/2024

TICKER

FDAT

NET ASSETS

25,517,889.67

CUSIP

88636J402

ISIN

US88636J4022

PRIMARY EXCHANGE

NYSE Arca

INCEPTION DATE

04/20/2023

FDAT NAV

21.44

FDAT MKT

21.50

SHARES OUTSTANDING

1,190,000

PREMIUM/DISCOUNT

0.26

CLOSING PRICE

21.50

Median 30-Day Spread Percentage

0.32

EXPENSE RATIO

0.74%

SUB-ADVISOR

Family Dynasty Advisors

FUND DISTRIBUTOR

Foreside Fund Services LLC
*The expense ratio includes management fees and acquired fund fees and expenses. If acquired fund fees and expenses were excluded, the Expense Ratio would be 0.65%.  
*30-Day Median Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

Target Allocations

CYCLICAL
Financials Energy
Large Cap Industrials
Real Estate Technology - Broad
Mid Cap Blend Semiconductors
Small Cap Blend
DEFENSIVE
Healthcare Consumer Staples
Preferred Stocks Gold
High Yield Bonds Cash
Portfolio holdings and allocations are subject to change and should not be considered investment advice or a recommendation to buy, sell or hold any particular security.

Risk Characteristics



Fund Standard Deviation Beta
FDAT -% -%
S&P 500 -% -%
Morningstar US Low Volatility Factor -% -%
Risk characteristics are relative to the S&P 500 Index and the Morningstar US Low Volatility Factor Index since the fund's inception.

Target Allocations

CYCLICAL
Financials Energy
Large Cap Industrials
Real Estate Technology - Broad
Mid Cap Blend Semiconductors
Small Cap Blend
DEFENSIVE
Healthcare Consumer Staples
Preferred Stocks Gold
High Yield Bonds Cash
SENSITIVE Weight. % of Market Allocation
Aerospace & Defense 6%
Energy 8%
High Yield Bonds 6%
Technology 8%
Portfolio holdings and allocations are subject to change and should not be considered investment advice or a recommendation to buy, sell or hold any particular security.

Performance

As of 03/31/2024
Fund Ticker 3 Month 6 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
4/20/2023
FDAT NAV 6.31% 13.29% 6.31% – % – % – % – % 12.35%
FDAT MKT 6.39% 13.39% 6.39% – % – % – % – % 12.56%

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. The current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by visiting www.tacticaladvantageetf.com or by calling (833) 817-7010.

Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price. NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Top 10 Holdings

As of 04/09/2023
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Portfolio holdings and allocations are subject to change and should not be considered investment advice or a recommendation to buy, sell or hold any particular security.

Holdings

Data as of 04/18/2024 - Holdings are subject to change

Top 10 Holdings

As of 04/09/2023
wpDataTable with provided ID not found!
Portfolio holdings and allocations are subject to change and should not be considered investment advice or a recommendation to buy, sell or hold any particular security.

Historical Premium/Discount

Image
April 19, 2023 to December 29, 2023 Calendar Year 2024 through March 31, 2024
Days traded at premium 169 61
Days traded at net asset value 1 0
Days traded at discount 7 0

The following table and line graph are provided to show the frequency at which the closing price of the Fund was at a premium (above) or discount (below) to the Fund’s daily net asset value (“NAV”). The table and line graph represent past performance and cannot be used to predict future results. Shareholders may pay more than NAV when buying Fund shares and receive less than NAV when those shares are sold because shares are bought and sold at current market prices.

Top 10 Holdings

As of 04/09/2023
wpDataTable with provided ID not found!
Portfolio holdings and allocations are subject to change and should not be considered investment advice or a recommendation to buy, sell or hold any particular security.
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