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.
Related funds
Classification
What's in the fund
Exposure type
Commercial Services
Finance
Producer Manufacturing
Government
Stocks84.50%
Commercial Services15.54%
Finance12.88%
Producer Manufacturing12.45%
Non-Energy Minerals8.04%
Health Technology6.96%
Technology Services5.78%
Transportation3.86%
Utilities3.69%
Consumer Services3.00%
Energy Minerals2.85%
Consumer Non-Durables2.46%
Electronic Technology1.95%
Miscellaneous1.80%
Process Industries1.63%
Industrial Services1.63%
Bonds, Cash & Other15.50%
Government14.00%
Cash1.50%
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
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.
FORH assets under management is 21.81 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.
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.
FORH invests in stocks. See more details in our Analysis section.
FORH expense ratio is 1.19%. 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, FORH isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
FORH shares are issued by Formidable Asset Management LLC
FORH 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 Apr 28, 2021.
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.