CP High Yield Trend ETF (HYTR)
21.21
-0.03
(-0.15%)
USD |
NYSEARCA |
Apr 24, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.60% | 0.09% | 8.478M | 1784.80 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 5.40% | 547.0% | -428458.9 | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to provide investment results that equals or exceeds, before fees and expenses, the performance of the CP High Yield Trend Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its net assets in securities included in the index. The rules-based index is comprised of constituents that are a blend of allocations to two asset classes: U.S. high yield corporate bond exchange-traded funds ("ETFs") and U.S. 3-7 year Treasury ETFs. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Small Cap/Value |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Nontraditional Bond |
| Category Index | ICE BofA USD 3M Dep OR CM TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Corporate Bond - High Yield |
| Fund Owner Firm Name | Counterpoint Mutual Funds |
| Prospectus Benchmark Index | |
| CP High Yield Trend USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Joseph Engelberg | 4.19 yrs |
| Michael Krause | 4.19 yrs |
Performance Versus Category
As of April 24, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 24, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks to provide investment results that equals or exceeds, before fees and expenses, the performance of the CP High Yield Trend Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its net assets in securities included in the index. The rules-based index is comprised of constituents that are a blend of allocations to two asset classes: U.S. high yield corporate bond exchange-traded funds ("ETFs") and U.S. 3-7 year Treasury ETFs. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Small Cap/Value |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Nontraditional Bond |
| Category Index | ICE BofA USD 3M Dep OR CM TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Corporate Bond - High Yield |
| Fund Owner Firm Name | Counterpoint Mutual Funds |
| Prospectus Benchmark Index | |
| CP High Yield Trend USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Joseph Engelberg | 4.19 yrs |
| Michael Krause | 4.19 yrs |