Key stats
About FolioBeyond Enhanced Fixed Income Premium ETF
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Inception date
Jan 22, 2025
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
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US8863641655
FIXP employs a proprietary model to curate a diversified portfolio of 5-8 sector-specific fixed-income ETFs with an options overlay to enhance income and potentially increase long-term capital appreciation. Investment exposure spans US Treasuries, investment-grade and high-yield corporate bonds, mortgage-backed securities (MBS), municipal bonds, and sovereign bonds. The fund uses the FolioBeyond Fixed Income Model (FB Model), a factor-based strategy that analyzes various metrics such as price volatility, default risk, interest rate sensitivity, and yield to maturity to determine optimal ETF allocations. The objective is to allocate across these sectors to capture optimal risk-return opportunities dynamically. To enhance income, FIXP writes covered and naked call and put options, as well as option spreads, particularly in low-volatility markets. The fund uses stop-loss limits and collateral for uncovered options.
Related funds
Classification
What's in the fund
Exposure type
ETF
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.
FIXP trades at 19.80 USD today, its price has risen 0.06% in the past 24 hours. Track more dynamics on FIXP price chart.
FIXP net asset value is 19.79 today — it's risen 1.12% 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.
FIXP assets under management is 10.88 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.
FIXP fund flows account for 11.06 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.
FIXP invests in funds. See more details in our Analysis section.
FIXP expense ratio is 1.07%. 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, FIXP 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, FIXP pays dividends to its holders with the dividend yield of 5.76%.
FIXP 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.
FIXP shares are issued by Toroso Investments Topco LLC
FIXP 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 Jan 22, 2025.
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.