Key stats
About Formidable ETF
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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.
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
Producer Manufacturing
Commercial Services
Health Technology
Government
Stocks85.72%
Producer Manufacturing16.44%
Commercial Services14.53%
Health Technology11.26%
Technology Services7.45%
Finance7.32%
Non-Energy Minerals6.57%
Utilities3.55%
Transportation3.36%
Consumer Services2.82%
Energy Minerals2.80%
Consumer Non-Durables2.51%
Process Industries2.00%
Electronic Technology1.96%
Miscellaneous1.69%
Industrial Services1.47%
Bonds, Cash & Other14.28%
Government12.91%
Cash1.36%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FORH top holdings are Flux Power Holdings, Inc. and Acacia Research Corporation, occupying 12.36% and 6.70% of the portfolio correspondingly.
FORH last dividends amounted to 0.87 USD. The quarter before, the issuer paid 0.87 USD in dividends, which shows a 0.32% decrease.
FORH assets under management is 23.70 M USD. It's risen 16.22% over the last month.
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.
FORH shares are issued by Formidable Asset Management LLC under the brand Formidable. The ETF was launched on Apr 28, 2021, and its management style is Active.
FORH expense ratio is 1.19% meaning you'd have to pay 1.19% of your investment to help manage the fund.
FORH follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FORH invests in stocks.
FORH price has risen by 14.12% over the last month, and its yearly performance shows a 15.04% increase. See more dynamics on FORH price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 13.77% over the last month, showed a 12.42% increase in three-month performance and has increased by 13.77% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 13.77% over the last month, showed a 12.42% increase in three-month performance and has increased by 13.77% in a year.
FORH trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.