Key stats
About F/m High Yield 100 ETF
Home page
Inception date
Apr 14, 2025
Structure
Open-Ended Fund
Bloomberg U.S. High Yield Top 100 Quality Select Equal Weighted Index - Benchmark TR Gross
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
F/m Investments LLC
Distributor
Quasar Distributors LLC
ISIN
US74933W1971
ZTOP is passively managed, offering exposure to the 100 largest issuers of USD-denominated, below-investment-grade corporate bonds. One bond per issuer is selected based on market capitalization, credit quality, coupon, and recency of issuance, with each holding equally weighted and subject to a 3% cap. The index excludes issuers from emerging markets and filters out less liquid or complex structures such as pay-in-kind (PIK) and zero-coupon bonds. Investments may include affiliated and unaffiliated ETFs and cash. The fund may enter into reverse repurchase agreements not exceeding one-third of assets. The fund may also participate in securities lending, with loans fully collateralized by cash, US government securities, or irrevocable letters of credit. Index reconstitution and rebalancing occur monthly.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
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
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.
ZTOP trades at 52.49 USD today, its price has fallen −0.01% in the past 24 hours. Track more dynamics on ZTOP price chart.
ZTOP net asset value is 52.47 today — it's risen 1.24% 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.
ZTOP assets under management is 18.37 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.
ZTOP fund flows account for 17.88 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.
ZTOP invests in bonds. See more details in our Analysis section.
ZTOP expense ratio is 0.39%. 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, ZTOP isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, ZTOP pays dividends to its holders with the dividend yield of 6.27%.
ZTOP trades at a premium (0.04%).
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.
ZTOP shares are issued by 1251 Capital Group, Inc.
ZTOP follows the Bloomberg U.S. High Yield Top 100 Quality Select Equal Weighted Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 14, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.