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ETFs

FormulaFolios Tactical Income ETF

FFTI
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 06 2017
Expense Ratio
0.96%
Type
Global Bonds
Fund Owner
FormulaFolio Investments
Volume (1m avg. daily)
$204,119
AUM
$69,172,500
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
20.30%
SHY
BlackRock Institutional Trust Company N.A. - iShares 1-3 Year Treasury Bond ETF
20.26%
IEF
BlackRock Institutional Trust Company N.A. - iShares 7-10 Year Treasury Bond ETF
17.37%
BIL
SPDR Series Trust - SPDR Bloomberg 1-3 Month T-Bill ETF
16.32%
n/a
US DOLLARS
2.19%
n/a
Derivatives offset
0.00%
Invest with FFTI

What is FFTI?

The FormulaFolios Tactical Income ETF seeks to provide steady income by accentuating the fixed-income asset classes showing the greatest potential for stable long term returns with minimal risk. This Fund uses a proprietary investment model to rank 5 major fixed income asset classes (US treasuries, investment grade US bonds, high-yield US bonds, US aggregate bond, and international government bond) based on the strongest combination of yield spread and price momentum (higher price momentum and lower yield spreads). Following the ranking process, the three highest-ranked asset classes are allocated to the Fund, while the two lowest ranked asset classes are left out of the Fund. When few (2 or fewer) or none of the asset classes meet the model s price momentum criteria, the Fund may invest heavily in short-term treasury bonds until more asset classes become favorable for investing.

ETFs related toFFTI

ETFs correlated to FFTI include BIV, BND, IEF

FFTI
Northern Lights Fund Trust IV - Formula Folios Tactical Income ETF
BIV
Vanguard Group, Inc. - Vanguard Intermediate-Term Bond ETF
BND
Vanguard Group, Inc. - Vanguard Total Bond Market ETF
IEF
BlackRock Institutional Trust Company N.A. - iShares 7-10 Year Treasury Bond ETF
TYD
Direxion Shares ETF Trust - Direxion Daily 7-10 Year Treasury Bull 3X Shares
AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
IBTK
iShares Trust - iShares iBonds Dec 2030 Term Treasury ETF
BKAG
BNY Mellon ETF Trust - BNY Mellon Core Bond ETF
SCHZ
Schwab Strategic Trust - Schwab US Aggregate Bond ETF
UTEN
Rbb Fund Inc - US Treasury 10 Year Note ETF
GBF
BlackRock Institutional Trust Company N.A. - iShares Barclays Government/Credit Bond Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFFTI

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with FFTI using Composer

FAQ

FFTI is a Global Bonds ETF. The FormulaFolios Tactical Income ETF seeks to provide steady income by accentuating the fixed-income asset classes showing the greatest potential for stable long term returns with minimal risk. This Fund uses a proprietary investment model to rank 5 major fixed income asset classes (US treasuries, investment grade US bonds, high-yield US bonds, US aggregate bond, and international government bond) based on the strongest combination of yield spread and price momentum (higher price momentum and lower yield spreads). Following the ranking process, the three highest-ranked asset classes are allocated to the Fund, while the two lowest ranked asset classes are left out of the Fund. When few (2 or fewer) or none of the asset classes meet the model s price momentum criteria, the Fund may invest heavily in short-term treasury bonds until more asset classes become favorable for investing.

Yes, FFTI is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, FFTI is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FFTI is -0.0044%. This is the percent change in the value of FFTI over the most recent 1-month period. The 3-month return on FFTI is -0.0178%. This is the percent change in the value of FFTI over the most recent 3-month period.

The standard deviation of FFTI for the past year is 0.0565%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FFTI include GSY, GVI, and BLV.

ETFs correlated to FFTI include BIV, BND, and IEF.

ETFs that are inversely correlated to FFTI include PST, TBX, and TTT.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.