Key stats
About Formidable ETF
Home page
Inception date
Apr 28, 2021
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
Formidable Asset Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US26923N3061
FORH mainly holds equity securities but pursues a broad range of investment strategies that cut across asset classes and styles. The investment process begins by identifying investment themes and market inefficiencies in order to provide uncorrelated returns to those of the broad equity and fixed income markets. Specifically the adviser considers market segments, products, and services positioned to benefit from innovative developments in commerce. Both quantitative and fundamental analysis along with valuation and technical considerations is utilized to make individual stock buy and sell decisions. The fund may also use derivates, including options and volatility-linked ETFs or ETNs, to protect against market declines.
Related funds
Classification
What's in the fund
Exposure type
Commercial Services
Health Technology
Non-Energy Minerals
Government
Stocks86.01%
Commercial Services13.14%
Health Technology12.54%
Non-Energy Minerals10.87%
Technology Services9.29%
Finance8.80%
Producer Manufacturing8.59%
Transportation3.86%
Utilities3.48%
Consumer Non-Durables3.02%
Energy Minerals2.89%
Electronic Technology2.47%
Process Industries1.94%
Miscellaneous1.88%
Industrial Services1.74%
Consumer Services1.50%
Bonds, Cash & Other13.99%
Government11.85%
Cash2.14%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FORH trades at 24.34 USD today, its price has fallen −0.41% in the past 24 hours. Track more dynamics on FORH price chart.
FORH net asset value is 24.32 today — it's risen 6.02% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FORH assets under management is 21.37 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FORH price has risen by 5.84% over the last month, and its yearly performance shows a 7.62% increase. See more dynamics on FORH price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.02% over the last month, showed a 8.43% increase in three-month performance and has increased by 7.90% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.02% over the last month, showed a 8.43% increase in three-month performance and has increased by 7.90% in a year.
FORH fund flows account for −3.25 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FORH invests in stocks. See more details in our Analysis section.
FORH expense ratio is 1.19%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FORH isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FORH technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FORH shows the strong buy signal. See more of FORH technicals for a more comprehensive analysis.
Today, FORH technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FORH shows the strong buy signal. See more of FORH technicals for a more comprehensive analysis.
FORH trades at a premium (0.10%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FORH shares are issued by Formidable Asset Management LLC
FORH follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 28, 2021.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.