Key stats
About Pinnacle Focused Opportunities ETF
Home page
Inception date
Dec 29, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US88634T5193
FCUS seeks full equity exposure during normal market conditions and mitigates risk during market downtrends by increasing its exposure to US Treasury securities and cash. The fund uses two market risk algorithms to determine market signals and reconstitute the portfolio accordingly on the first trading day of each month. The first market risk algorithm compares the relative strength of cash-like investment with broad-based US equity indexes, while the second algorithm measures rate of change, relative strength, and moving averages. The fund invests in either 100% equity, 75% equity-25% Treasurys, or 50%-50%, depending on the market signals. The equity portfolio has a narrow holding of 30 stocks selected from the largest 1,000 US stocks based on a composite score of momentum, relative strength, and earnings revisions. The top 10 scoring stocks receive a 4.25% weight, while the next 10 and final 10 receive 3.25% and 2.5% weights, respectively.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Producer Manufacturing
Industrial Services
Stocks99.87%
Electronic Technology24.32%
Technology Services16.38%
Producer Manufacturing12.83%
Industrial Services10.13%
Health Technology8.08%
Finance7.58%
Retail Trade7.12%
Non-Energy Minerals3.80%
Consumer Non-Durables3.32%
Health Services2.22%
Energy Minerals2.21%
Communications1.86%
Bonds, Cash & Other0.13%
Mutual fund0.15%
Cash−0.02%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FCUS invests in stocks. The fund's major sectors are Electronic Technology, with 24.32% stocks, and Technology Services, with 16.39% of the basket. The assets are mostly located in the North America region.
FCUS top holdings are Bloom Energy Corporation Class A and Astera Labs, Inc., occupying 5.82% and 5.33% of the portfolio correspondingly.
FCUS assets under management is 44.96 M USD. It's risen 15.12% over the last month.
FCUS fund flows account for 4.58 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FCUS pays dividends to its holders with the dividend yield of 9.69%. The last dividend (Dec 18, 2024) amounted to 3.22 USD. The dividends are paid annually.
FCUS shares are issued by Toroso Investments Topco LLC under the brand Pinnacle. The ETF was launched on Dec 29, 2022, and its management style is Active.
FCUS expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
FCUS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FCUS invests in stocks.
FCUS price has risen by 23.61% over the last month, and its yearly performance shows a 11.77% increase. See more dynamics on FCUS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 21.89% over the last month, showed a 27.78% increase in three-month performance and has increased by 24.83% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 21.89% over the last month, showed a 27.78% increase in three-month performance and has increased by 24.83% in a year.
FCUS trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.