Key stats
About FIRE Funds Income Target ETF
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Inception date
Nov 18, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
US8863642158
FIRI is an actively managed fund-of-funds that seeks a 4% target annual income level. This aligns with the early retirement goals of the FIRE movement, particularly the retirement distribution phase, which shifts from wealth accumulation to generating a steady income while preserving capital. The portfolio primarily holds active or passively managed affiliated equity, bond, commodity, single-stock, multi-asset, or long/short ETFs. FIRI utilizes a barbell approach in allocating its assets between two key components: 1) high-yielding assets, which generate income, are selected following an Income Hierarchy, and 2) cash equivalents and low-volatility ETFs, which aim to provide stability and liquidity, are selected following a Safety Hierarchy. Each component may comprise 30% to 70% of the funds net assets. This range allows the adviser to adjust allocations tactically based on market conditions and investment opportunities. The final portfolio consists of 10 to 25 underlying ETFs.
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
ETF
Bonds, Cash & Other100.00%
ETF96.28%
Mutual fund3.53%
Cash0.19%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FIRI top holdings are Carbon Collective Short Duration Green Bond ETF and Madison Short Term Strategic Income ETF, occupying 21.33% and 21.33% of the portfolio correspondingly.
FIRI last dividends amounted to 0.19 USD. The year before, the issuer paid 0.16 USD in dividends, which shows a 15.35% increase.
FIRI assets under management is 1.71 M USD. It's risen 5.51% over the last month.
FIRI fund flows account for 1.77 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, FIRI pays dividends to its holders with the dividend yield of 14.46%. The last dividend (Aug 29, 2025) amounted to 0.19 USD. The dividends are paid annually.
FIRI shares are issued by Toroso Investments Topco LLC under the brand Fire Funds. The ETF was launched on Nov 18, 2024, and its management style is Active.
FIRI expense ratio is 0.70% meaning you'd have to pay 0.70% of your investment to help manage the fund.
FIRI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FIRI invests in funds.
FIRI price has risen by 0.10% over the last month, and its yearly performance shows a −5.80% decrease. See more dynamics on FIRI price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.43% increase in three-month performance and has increased by 5.80% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.43% increase in three-month performance and has increased by 5.80% in a year.
FIRI trades at a premium (0.47%) meaning the ETF is trading at a higher price than the calculated NAV.