FORH
Actively managed, liquid alternatives portfolio diversified among multiple distinct strategies, including tail hedging, inside of a single ETF.
Why FORH?
Active
Driven by our research process, not a passive index.
Alternative
Multi-strategy approach may complement fixed income or equities.
Adaptable
Hedging strategies seek to help mitigate against significant market declines.
FORH – Fund Details
| Inception Date | Management Style | CUSIP: | Total Gross Expense Ratio |
| 4/28/2021 | Active | 26923N306 | 1.19 |
| Asset Class | Exchange | Advisor |
| Multi Asset | NYSE Arca, Inc. | Formidable Asset Management |
| As of Date | NAV($) | Market Price($) | Premium/Discount |
| 12/19/2024 | 21.0429 | 21.0354 | -0.0356 |
| 30 Day Median Bid/Ask | Shares Outstanding | Total Net Assets |
| 0.011218 | 1,000,000 | 21,035,400.00 |
The real-time data feed for fund details is down.
Click here to view Fund Details and Performance.
Fund Performance
The real-time data feed for fund details is down.
Click here to view Fund Details and Performance.
| NAV % | Market % | |
|---|---|---|
| ROLLING | ||
| 1 Month | -6.1 | -5.98 |
| 3 Month | -7.11 | -7.16 |
| YTD | -6.56 | -5.83 |
| SINCE INCEPTION |
||
| Daily (as of 12/19/2024) | -15.83 | -15.86 |
| Monthly (as of 11/29/2024) | -8.7 | -9.02 |
| Quarterly (as of 9/30/2024) | -7.05 | -7.06 |
| HISTORIC | ||
| Last Month (as of 11/20/2024) | -0.26 | -0.55 |
| Last Quarter (as of 9/30/2024) | 6.65 | 6.56 |
| Last Year (as of 12/29/2023) | -2.72 | -4.06 |
* Inception dates used for calculations since ETF launched in 2021.
The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. The gross expense ratio is [etfinfo etf=”FORH” aum=”NO” expratio=”YES”].
The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. See the details section for gross expense ratio.
Shares are bought and sold at market price not net asset value (NAV). Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times.
Fund Objectives
The Fund seeks capital appreciation by investing primarily in equity securities.
Fund Documents
Premium Discount
Premium – The number of trading days the ETF’s closing price exceeds its NAV.
Discount – The number of trading days the ETF’s closing price is below its NAV.
| Number of Days At |
2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 |
|---|---|---|---|---|---|---|---|
| Premium | 31 | 35 | 16 | 53 | 22 | 8 | 18 |
| Discount | 31 | 27 | 45 | 10 | 38 | 55 | 45 |
Fund Holdings
Fund holdings are subject to change without notice. Holdings are as of market close on 12/19/2024.
| ETF Ticker | Description | Ticker | Weight | Market Value | FIGI | Shares Held |
|---|---|---|---|---|---|---|
| FORH | ACACIA RESEARCH CORP | ACTG | 8.57% | 1,802,196.33 | BBG000KF9J02 | 418,143.00 |
| FORH | AGNICO EAGLE MINES LTD | AEM | 1.97% | 414,417.52 | BBG000DLVDK3 | 5,357.00 |
| FORH | ALGONQUIN POWER & UTILITIES | AQN | 1.62% | 341,696.80 | BBG000G28WZ0 | 79,280.00 |
| FORH | ALIBABA GROUP HOLDING-SP ADR | BABA | 1.49% | 313,380.27 | BBG006G2JVL2 | 3,717.00 |
| FORH | Alliance Resource Partners L.P. | ARLP | 3.66% | 769,798.08 | BBG000C14X88 | 29,699.00 |
| FORH | ALTRIA GROUP INC | MO | 6.17% | 1,297,142.21 | BBG000BP6LJ8 | 24,479.00 |
| FORH | AMERICAN TOWER CORP | AMT | 2.38% | 501,243.60 | BBG000B9XYV2 | 2,794.00 |
| FORH | AMT US 12/20/24 C220 | 0.00% | -50.00 | -10.00 | ||
| FORH | APTIV PLC | APTV.UN | 0.76% | 159,970.06 | BBG01R914LT5 | 2,806.00 |
| FORH | BAYTEX ENERGY CORP COMMON STOCK CAD 0 | BTE | 2.75% | 579,365.15 | BBG000BW3M86 | 259,805.00 |
| FORH | BCAB US 01/17/25 C5 | -0.01% | -3,000.00 | -300.00 | ||
| FORH | BIOATLA INC | BCAB | 0.55% | 115,613.26 | BBG00Y6GBT61 | 97,154.00 |
| FORH | BROOKFIELD INFRASTRUCTURE PARTNERS LP LTD PART USD | BIP | 2.11% | 444,044.00 | BBG000B9Y8D8 | 14,324.00 |
| FORH | CAMECO CORP COMMON STOCK | CCJ | 1.87% | 393,544.58 | BBG000DSZTN6 | 7,438.00 |
| FORH | CASH AND CASH EQUIVALENTS | 5.37% | 1,128,878.98 | 1,128,878.98 | ||
| FORH | CORP AMERICA AIRPORTS SA | CAAP | 1.42% | 299,227.92 | BBG00JFCJ889 | 16,053.00 |
| FORH | CYTOMX THERAPEUTICS INC | CTMX | 2.00% | 420,781.90 | BBG001J472L3 | 382,529.00 |
| FORH | ENERGY TRANSFER EQUITY LP | ET | 5.09% | 1,071,371.07 | BBG000BM2FL9 | 58,641.00 |
| FORH | Flux Power Holdings Inc. | FLUX | 3.64% | 766,246.44 | BBG000CKGHF0 | 481,916.00 |
| FORH | GDX US 01/17/25 P33 | 0.04% | 8,000.00 | 100.00 | ||
| FORH | GDX US 12/20/24 P32 | 0.00% | 100.00 | 100.00 | ||
| FORH | Grupo Aeroportuario del Sureste SA de CV Sponsored ADR Class B | ASR | 1.47% | 309,243.34 | BBG000B9XWX4 | 1,174.00 |
| FORH | HESS CORP | HES | 1.87% | 393,192.80 | BBG000BBD070 | 3,080.00 |
| FORH | HYG US 01/17/25 P76 | 0.05% | 10,014.70 | 500.00 | ||
| FORH | HYG US 01/17/25 P77 | 0.06% | 12,000.00 | 500.00 | ||
| FORH | HYG US 01/17/25 P78 | 0.11% | 23,000.00 | 500.00 | ||
| FORH | HYG US 12/20/24 P76 | 0.04% | 7,500.00 | 1,500.00 | ||
| FORH | IWM US 01/17/25 P212 | -0.17% | -35,100.00 | -100.00 | ||
| FORH | IWM US 01/17/25 P222 | 0.33% | 69,300.00 | 100.00 | ||
| FORH | IWM US 12/20/24 P205 | 0.00% | -350.00 | -50.00 | ||
| FORH | IWM US 12/20/24 P215 | 0.01% | 2,350.00 | 50.00 | ||
| FORH | JD.COM INC-ADR | JD | 1.52% | 319,563.09 | BBG005YHY0Q7 | 8,899.00 |
| FORH | JUNIPER NETWORKS INC | JNPR | 1.62% | 340,881.00 | BBG000BY33P5 | 9,213.00 |
| FORH | LAAC US 12/20/24 C5 | -0.01% | -1,500.00 | -300.00 | ||
| FORH | LAC US 12/20/24 C5.5 | 0.00% | -1,000.00 | -400.00 | ||
| FORH | LITHIUM AMERICAS CORP | LAAC | 1.84% | 386,097.25 | BBG01JLDJ6X5 | 140,399.00 |
| FORH | LITHIUM AMERICAS CORP-W/I | LAC | 1.78% | 374,164.98 | BBG01JLDH7S1 | 127,267.00 |
| FORH | MO US 12/20/24 C60 | 0.00% | -50.00 | -50.00 | ||
| FORH | NEWMONT GOLDCORP CORPORATION COM | NEM | 2.50% | 525,165.72 | BBG000BPWXK1 | 14,186.00 |
| FORH | NEXTERA ENERGY PARTNERS LP | NEP | 1.92% | 403,462.50 | BBG006JNW321 | 23,055.00 |
| FORH | NICE LTD - SPON ADR | NICE | 2.49% | 522,642.12 | BBG000KC17R4 | 2,977.00 |
| FORH | NOMAD FOODS LTD | NOMD | 3.22% | 677,224.65 | BBG0071GM7Y0 | 40,335.00 |
| FORH | NVDA US 01/17/25 C165 | 0.00% | -280.00 | -5.00 | ||
| FORH | NVIDIA CORP | NVDA | 1.02% | 215,099.28 | BBG000BBJQV0 | 1,646.00 |
| FORH | PAYPAL HOLDINGS INC | PYPL | 2.77% | 583,161.60 | BBG0077VNXV6 | 6,720.00 |
| FORH | PYPL US 01/17/25 C100 | 0.00% | -840.00 | -20.00 | ||
| FORH | ROYALTY PHARMA PLC CL A COMMON STOCK | RPRX | 2.98% | 626,569.68 | BBG00V1L5YZ5 | 25,806.00 |
| FORH | SITIO ROYALTIES CORP-A | STR | 2.26% | 476,052.36 | BBG01C36Y855 | 25,228.00 |
| FORH | TREASURY BILL | TBILL | 5.73% | 1,205,259.67 | BBG01Q548T50 | 1,221,000.00 |
| FORH | URANIUM ENERGY CORP | UEC | 1.93% | 405,465.92 | BBG000LCK3Q2 | 54,352.00 |
| FORH | VALE SA-SP ADR | VALE | 1.38% | 289,362.46 | BBG000BN5LG7 | 32,957.00 |
| FORH | VIKING THERAPEUTICS INC | VKTX | 0.93% | 196,247.70 | BBG006LGV869 | 4,730.00 |
| FORH | VKTX US 12/20/24 C70 | 0.00% | -10.00 | -10.00 | ||
| FORH | WHEATON PRECIOUS METALS CORP COMMON STOCK | WPM | 3.06% | 642,628.60 | BBG000PVRDL2 | 11,294.00 |
| FORH | WPM US 01/10/25 C68 | -0.01% | -2,900.00 | -40.00 | ||
| FORH | XLE US 01/17/25 P75 | 0.01% | 1,921.47 | 50.00 | ||
| FORH | XLE US 01/17/25 P78 | 0.03% | 6,800.00 | 100.00 | ||
| FORH | XLE US 01/17/25 P80 | 0.05% | 11,500.00 | 100.00 | ||
| FORH | XLE US 12/20/24 P86 | 0.06% | 11,650.00 | 50.00 |