Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
1.04% -0.52% 63.17M --
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 14.00% 42.74M Upgrade

Basic Info

Investment Strategy
The investment seeks to provide capital growth. The fund seeks to achieve its investment objective by investing primarily in domestic equity securities of any market capitalization and U.S. Treasuries through other unaffiliated ETFs (including leveraged ETFs and inverse ETFs). The adviser allocates the fund's assets equally between two proprietary investment models. The adviser's first investment model identifies trends in the equity markets. The adviser's second investment model uses two sub-strategies.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Nontraditional Equity
Broad Category Equity
Category Name Long-Short Equity
Category Index MSCI ACWI NR USD
Global Category Name Long/Short Equity
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective Growth
Fund Owner Firm Name FormulaFolioFunds
Prospectus Benchmark Index
BarclayHedge Equity Long/Short TR USD 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Mark DiOrio 3.01 yrs

Performance Versus Category

 
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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Annual Total Returns Versus Peers

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Name
2016
2017
2018
2019
2020
2021
2022
2023 *
--
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-3.53%
10.36%
7.23%
23.31%
-14.56%
3.32%
11.96%
21.83%
-4.38%
31.49%
18.40%
28.71%
-18.11%
13.84%
5.83%
14.22%
-8.06%
20.27%
13.14%
32.23%
-11.25%
14.00%
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2.85%
-11.64%
-10.26%
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12.16%
As of October 18, 2023. *Indicates data for the year is incomplete.

Asset Allocation

As of October 16, 2023.
Type % Net % Long % Short
Cash 100.0% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks to provide capital growth. The fund seeks to achieve its investment objective by investing primarily in domestic equity securities of any market capitalization and U.S. Treasuries through other unaffiliated ETFs (including leveraged ETFs and inverse ETFs). The adviser allocates the fund's assets equally between two proprietary investment models. The adviser's first investment model identifies trends in the equity markets. The adviser's second investment model uses two sub-strategies.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Nontraditional Equity
Broad Category Equity
Category Name Long-Short Equity
Category Index MSCI ACWI NR USD
Global Category Name Long/Short Equity
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective Growth
Fund Owner Firm Name FormulaFolioFunds
Prospectus Benchmark Index
BarclayHedge Equity Long/Short TR USD 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Mark DiOrio 3.01 yrs

Top Portfolio Holders

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