ADAPTIVE HIGH INCOME ETF
Name
As of 03/30/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.2%
1 yr return
-6.5%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$34.4 M
Holdings in Top 10
1.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.01%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 03/30/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AHHX - Profile
Distributions
- YTD Total Return 1.2%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 6.5%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameADAPTIVE HIGH INCOME ETF
-
Fund Family NameAdaptive ETFs
-
Inception DateSep 20, 2012
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerScott Wetherington
Fund Description
AHHX - Performance
Return Ranking - Trailing
Period | AHHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.2% | -39.9% | 6.2% | 96.87% |
1 Yr | -6.5% | -22.1% | 21.3% | 40.74% |
3 Yr | N/A* | -14.2% | 66.8% | 8.10% |
5 Yr | N/A* | -13.6% | 37.2% | 8.87% |
10 Yr | N/A* | -9.3% | 16.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | AHHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -16.3% | -44.3% | 3.7% | N/A |
2022 | N/A | -56.9% | 9.2% | N/A |
2021 | N/A | -53.7% | 70.9% | N/A |
2020 | N/A | -33.7% | 5.1% | N/A |
2019 | N/A | -9.4% | 12.0% | N/A |
Total Return Ranking - Trailing
Period | AHHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.2% | -39.9% | 6.2% | 97.82% |
1 Yr | -6.5% | -22.1% | 22.2% | 41.34% |
3 Yr | N/A* | -14.2% | 66.8% | 9.71% |
5 Yr | N/A* | -13.6% | 37.2% | 11.46% |
10 Yr | N/A* | -9.3% | 16.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | AHHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -16.3% | -44.3% | 3.7% | N/A |
2022 | N/A | -56.9% | 9.2% | N/A |
2021 | N/A | -53.7% | 70.9% | N/A |
2020 | N/A | -33.7% | 5.1% | N/A |
2019 | N/A | -9.4% | 12.0% | N/A |
AHHX - Holdings
Concentration Analysis
AHHX | Category Low | Category High | AHHX % Rank | |
---|---|---|---|---|
Net Assets | 34.4 M | 1.47 M | 26.2 B | 88.09% |
Number of Holdings | 8 | 2 | 2736 | 97.76% |
Net Assets in Top 10 | 34.7 M | -492 M | 2.55 B | 52.50% |
Weighting of Top 10 | 1.01% | 3.0% | 100.0% | 0.79% |
Top 10 Holdings
- Fidelity® Inv MM Fds Government I 49.00%
- Newell Brands Inc. 2.28%
- Hyatt Hotels Corporation 1.98%
- FirstEnergy Corp. 1.97%
- Kraft Heinz Foods Company 1.93%
- ArcelorMittal S.A. 1.90%
- Westinghouse Air Brake Technologies Corp. 1.72%
- EQT Corporation 1.69%
- Westinghouse Air Brake Technologies Corp. 1.66%
- Las Vegas Sands Corp 1.65%
Asset Allocation
Weighting | Return Low | Return High | AHHX % Rank | |
---|---|---|---|---|
Cash | 99.06% | -52.00% | 100.00% | 1.18% |
Stocks | 0.94% | -0.60% | 52.82% | 1.18% |
Preferred Stocks | 0.00% | 0.00% | 14.10% | 71.45% |
Other | 0.00% | -63.70% | 32.06% | 63.68% |
Convertible Bonds | 0.00% | 0.00% | 17.89% | 80.00% |
Bonds | 0.00% | 0.00% | 154.38% | 99.08% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AHHX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 26.98% |
Technology | 0.00% | 0.00% | 34.19% | 2.48% |
Real Estate | 0.00% | 0.00% | 86.71% | 57.92% |
Industrials | 0.00% | 0.00% | 100.00% | 25.50% |
Healthcare | 0.00% | 0.00% | 30.07% | 10.89% |
Financial Services | 0.00% | 0.00% | 100.00% | 12.87% |
Energy | 0.00% | 0.00% | 100.00% | 53.71% |
Communication Services | 0.00% | 0.00% | 99.99% | 33.91% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 16.09% |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | 20.05% |
Basic Materials | 0.00% | 0.00% | 100.00% | 62.13% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AHHX % Rank | |
---|---|---|---|---|
US | 0.94% | -0.60% | 47.59% | 1.18% |
Non US | 0.00% | -0.01% | 5.26% | 9.74% |
AHHX - Expenses
Operational Fees
AHHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.01% | 0.02% | 3.87% | 41.12% |
Management Fee | 0.01% | 0.00% | 1.84% | 53.92% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
AHHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
AHHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
AHHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 1.00% | 327.00% | N/A |
AHHX - Distributions
Dividend Yield Analysis
AHHX | Category Low | Category High | AHHX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.48% | 0.00% | 39.36% | 87.30% |
Dividend Distribution Analysis
AHHX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
AHHX | Category Low | Category High | AHHX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -2.39% | 14.30% | N/A |
Capital Gain Distribution Analysis
AHHX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 24, 2023 | $0.045 | OrdinaryDividend |
Mar 01, 2023 | $0.058 | OrdinaryDividend |
Jan 03, 2023 | $0.075 | OrdinaryDividend |
Dec 01, 2022 | $0.039 | OrdinaryDividend |
Nov 01, 2022 | $0.027 | OrdinaryDividend |
Oct 03, 2022 | $0.036 | OrdinaryDividend |
Sep 01, 2022 | $0.020 | OrdinaryDividend |
Aug 01, 2022 | $0.017 | OrdinaryDividend |
Jul 01, 2022 | $0.034 | OrdinaryDividend |
Jun 01, 2022 | $0.003 | OrdinaryDividend |
May 02, 2022 | $0.016 | OrdinaryDividend |
Apr 01, 2022 | $0.009 | OrdinaryDividend |
Mar 01, 2022 | $0.018 | OrdinaryDividend |
Feb 01, 2022 | $0.022 | OrdinaryDividend |
Jan 03, 2022 | $0.025 | OrdinaryDividend |
Dec 01, 2021 | $0.017 | OrdinaryDividend |
AHHX - Fund Manager Analysis
Managers
Scott Wetherington
Start Date
Tenure
Tenure Rank
Sep 20, 2012
9.7
9.7%
Scott is an accomplished member of the Cavalier team with 25 years of experience in portfolio management, research and investment strategies. Scott serves as Chief Investment Officer and is responsible for leading the research and investment strategies for Cavalier’s Mutual Funds. He also serves as Portfolio Manager for Cavalier’s Tactical Economic SMA, Cavalier Tactical Economic Fund, Cavalier Hedged High Income Fund and the NE Index Fund. Prior to Cavalier, Scott served as Senior Portfolio Manager and Chief Investment Strategist for Linder Capital Advisors. Scott is a frequent speaker at conferences on Portfolio Management and has been honored as a guest speaker at Georgia Institute of Technology. Scott earned his Bachelor of Business Administration at James Madison University. He resides in Georgia with his family. Scott also holds the Chartered Financial Analyst designation (CFA) and is a member of the Atlanta Society of Finance and Investment Professionals.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.13 | 37.79 | 7.07 | 2.92 |