-0.02 (-0.06%)
as of 02/16/2024
YTD: 0.81%
as of 02/16/2024
0.85%
as stated in the prospectus

Features

Effective November 3, 2023, the name of the Fund changed from DriveWealth ICE 100 Index ETF to DriveWealth NYSE 100 Index ETF. Effective November 3, 2023, the name of the Index changed from DriveWealth ICE 100 Index to DriveWealth NYSE 100 Index.

The DriveWealth NYSE 100 Index ETF seeks to provide investment results that, before fees and expenses, track the performance of the NYSE DriveWealth 100 Index (the “Index”). The NYSE DriveWealth 100 Index is a rules-based, equal-weighted index that tracks the performance of U.S.-listed Exchange Traded Funds (ETFs). The Index selects the 100 top ETFs based on a methodology that ranks eligible funds according to size, liquidity and risk- adjusted return.

Benchmark

The NYSE DriveWealth 100 Index tracks the performance of all U.S.-listed Exchange Traded Funds (ETFs) across all issuers, sectors, asset classes and industry groups, and selects the 100 top ETFs based on a methodology that ranks eligible funds according to size, liquidity and risk-adjusted return. The Index undergoes a full reconstitution of constituent holdings quarterly.

The NYSE DriveWealth 100 Index will have an equal weighting of all 100 constituents at the beginning of every quarter when the fund will be rebalanced and reconstituted. Index selection will include the new constituents based on the momentum-based methodology. Eligible ETFs will be ranked and assessed based on the criteria of fees, total return over the past quarter, and volatility over the previous quarter. To get a full understanding of the methodology view the prospectus.

Criteria to be an eligible constituent are as follows:

  • Fund must be listed on a U.S. exchange
  • Fund must have at least $100m in assets
  • Must not be a levered product
  • The fund cannot be an inverse fund
  • No Exchange traded notes will be included
  • No ETFs of ETFs
  • Volume must exceed $3m on a daily average

See important risk information at the bottom of the page.

Fund Information as of Oct 31, 2023

April 25, 2023
No
0.85%
USD
State Street
Penserra
Drive Advisory
Foreside Fund Services, LLC.
Annually
100

Listing Information as of Oct 31, 2023

Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE April 25, 2023 USD CETF 26209c 107 US26209c1071

Fund Market Price as of Feb 16, 2024

$24.52/$27.71
$26.08
$26.08
$26.08
81
1.00%
0.61%

Historical Daily NAV Line Chart

Since Inception

Premium Discount to NAV Graph and Summary Line Chart

Before investing carefully consider the Fund’s investment objective, risks, charges, and expenses. This information is contained in the prospectus available here. Read carefully before investing.

Fund Net Cash Amount as of Feb 16, 2024

$0

Fund Net Asset Value as of Feb 16, 2024

$26.08
29,000
$756,393

Performance as of Feb 16, 2024

1 Month 3 Month YTD 1 Year 3 Year* 5 Year* 10 Year* Incept.*
NAV 0.83% 3.20% 0.81% N/A N/A N/A N/A 6.82%
Market Value 0.85% 3.20% 0.81% N/A N/A N/A N/A 6.67%
NYSE DriveWealth 100 Index 0.62% 4.04% N/A N/A N/A N/A N/A N/A

The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate so that an investor’s shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance call 833-222-8843.

*Performance data annualized

Top Holdings by Performance

Fund Sectors

Fund Top Holdings as of Feb 16, 2024

Name Ticker Performance
YieldMax COIN Option Income Strategy ETF CONY 31.47%
ProShares Bitcoin Strategy ETF BITO 26.83%
ARK Next Generation Internet ETF ARKW 12.13%
iShares MSCI Poland ETF EPOL 8.66%
Alerian MLP ETF AMLP 7.44%
iShares U.S. Insurance ETF IAK 6.76%
WisdomTree India Earnings Fund EPI 6.35%
iShares MSCI Sweden ETF EWD 5.42%
iShares MSCI India Small-Cap ETF SMIN 2.81%
Innovator S&P 500 Power Buffer ETF – October POCT 1.65%
First Trust Preferred Securities and Income ETF FPE 1.61%
First Trust Institutional Preferred Securities and Income ETF FPEI 1.30%
Invesco Variable Rate Preferred ETF VRP 1.29%
Invesco BulletShares 2025 High Yield Corporate Bond ETF BSJP 1.02%
VanEck IG Floating Rate ETF FLTR 0.87%
First Trust Senior Loan Fund FTSL 0.82%
VanEck CLO ETF CLOI 0.67%
iShares iBonds 2024 Term High Yield and Income ETF IBHD 0.66%
Janus Henderson AAA CLO ETF JAAA 0.65%
SPDR Bloomberg Barclays Investment Grade Floating Rate ETF FLRN 0.65%
iShares Floating Rate Bond ETF FLOT 0.62%
Invesco Variable Rate Investment Grade ETF VRIG 0.61%
iShares Fallen Angels USD Bond ETF FALN 0.58%
PGIM Ultra Short Bond ETF PULS 0.55%
PIMCO Enhanced Short Maturity Exchange-Traded Fund MINT 0.53%
WisdomTree Bloomberg Floating Rate Treasury Fund USFR 0.53%
iShares Treasury Floating Rate Bond ETF TFLO 0.50%
Invesco BulletShares 2024 High Yield Corporate Bond ETF BSJO 0.48%
iShares 0-3 Month Treasury Bond ETF SGOV 0.46%
NEOS Enhanced Income Cash Alternative ETF CSHI 0.46%
SPDR Bloomberg Barclays 1-3 Month T-Bill ETF BIL 0.46%
FlexShares Ultra-Short Income Fund RAVI 0.45%
US Treasury 3 Month Bill ETF TBIL 0.45%
SPDR Blackstone Senior Loan ETF SRLN 0.44%
Goldman Sachs Access Ultra Short Bond ETF GSST 0.44%
Alpha Architect 1-3 Month Box ETF BOXX 0.44%
Invesco Ultra Short Duration ETF GSY 0.43%
Invesco Senior Loan ETF BKLN 0.42%
iShares Short Treasury Bond ETF SHV 0.41%
PIMCO Ultra Short Government Active ETF BILZ 0.41%
iBonds Dec 2024 Term Corporate ETF IBDP 0.40%
AB Ultra Short Income ETF YEAR 0.39%
Goldman Sachs Treasury Access 0-1 Year ETF GBIL 0.39%
SPDR Bloomberg Barclays 3-12 Month T-Bill ETF BILS 0.39%
Invesco BulletShares 2024 Corporate Bond ETF BSCO 0.39%
US Treasury 6 month Bill ETF XBIL 0.37%
First Trust Enhanced Short Maturity ETF FTSM 0.36%
BlackRock Ultra Short-Term Bond ETF ICSH 0.36%
JPMorgan Ultra-Short Income ETF JPST 0.35%
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF XHLF 0.35%
iShares iBonds Dec 2024 Term Treasury ETF IBTE 0.34%
Invesco Short Term Treasury ETF TBLL 0.33%
BlackRock Short Maturity Municipal Bond ETF MEAR 0.32%
SPDR SSgA Ultra Short Term Bond ETF ULST 0.32%
SPDR Nuveen Barclays Short Term Municipal Bond ETF SHM 0.32%
BlackRock Flexible Income ETF BINC 0.31%
JPMorgan Ultra-Short Municipal Income ETF JMST 0.30%
VictoryShares Short-Term Bond ETF USTB 0.28%
Vanguard Ultra-Short Bond ETF VUSB 0.27%
Dimensional Short Duration Fixed Income ETF DFSD 0.27%
Vanguard Short-Term Tax-Exempt Bond ETF VTES 0.26%
iShares Short-Term National Muni Bond ETF SUB 0.26%
AB Tax-Aware Short Duration Municipal ETF TAFI 0.23%
PIMCO Short Term Municipal Bond Exchange-Traded Fund SMMU 0.22%
Janus Short Duration Income ETF VNLA 0.22%
Invesco BulletShares 2025 Corporate Bond ETF BSCP 0.20%
iBonds Dec 2025 Term Corporate ETF IBDQ 0.15%
PIMCO Low Duration Exchange-Traded Fund LDUR 0.14%
BondBloxx Bloomberg One Year Target Duration US Treasury ETF XONE 0.13%
Dimensional National Municipal Bond ETF DFNM 0.09%
SPDR Portfolio Short Term Corporate Bond ETF SPSB 0.08%
Invesco BulletShares 2026 Corporate Bond ETF BSCQ 0.04%
iShares 0-5 Year Investment Grade Corporate Bond ETF SLQD -0.02%
iShares iBonds Dec 2025 Term Treasury ETF IBTF -0.03%
BlackRock Short Maturity Bond ETF NEAR -0.04%
iShares Short-Term Corporate Bond ETF IGSB -0.06%
Vanguard Short-Term Corporate Bond ETF VCSH -0.07%
PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund STPZ -0.08%
iShares 0-5 Year TIPS Bond ETF STIP -0.08%
iShares iBonds Dec 2026 Term Corporate ETF IBDR -0.08%
iShares ESG 1-5 Year USD Corporate Bond ETF SUSB -0.09%
First Trust Limited Duration Investment Grade Corporate ETF FSIG -0.15%
SPDR Portfolio Short Term Treasury ETF SPTS -0.19%
Schwab Short-Term U.S. Treasury ETF SCHO -0.20%
iShares Core 1-5 Year USD Bond ETF ISTB -0.20%
Vanguard Short-Term Government Bond ETF VGSH -0.21%
US Treasury 2 Year Note ETF UTWO -0.23%
iShares 1-3 Year Treasury Bond ETF SHY -0.23%
Vanguard Short-Term Bond ETF BSV -0.32%
iShares iBonds Dec 2026 Term Treasury ETF IBTG -0.36%
Goldman Sachs Physical Gold ETF AAAU -0.40%
Van Eck Merk Gold Trust OUNZ -0.51%
iShares Gold Trust Micro IAUM -0.77%
Aberdeen Standard Physical Swiss Gold Shares ETF SGOL -0.77%
iShares Gold Trust IAU -0.78%
iShares MSCI Spain ETF EWP -1.90%
VanEck Uranium+Nuclear Energy ETF NLR -4.09%
Global X Uranium ETF URA -5.38%
Sprott Junior Uranium Miners ETF URNJ -6.16%
Sprott Uranium Miners ETF URNM -6.68%
See All Holdings

Distributions as of Feb 20, 2024

Ex-dividend Date Payable Date Record Date Total Distribution Ordinary Income ST Cap Gains LT Cap Gains

Purchase Information

Buying and Selling ETFs

An exchange-traded fund (ETF) is a pooled investment security that operates much like a mutual fund. Typically, ETFs will track a particular index, sector, commodity, or other asset, but unlike mutual funds ETFs can be bought or sold on a stock exchange the same way that a regular stock can.

Before investing carefully consider the Fund’s investment objective, risks, charges, and expenses. This information is contained in the prospectus available here. Read carefully before investing.

Distributor: Foreside Fund Services, LLC.

ETF shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. NAV Returns are calculated using the daily 4:30pm net asset value (NAV). Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.

Important Risks

Investing involves risks including possible loss of principal. There is no guarantee the fund will achieve its investment objective. The Fund will primarily invest in other ETFs and will be subject to the underlying risks of those respective funds. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. To the extent the Fund does not fully replicate the Index, it is subject to the risk that the investment strategy of the Fund’s investment adviser may not produce the intended results.

The is no guarantee the Fund’s investment strategy will be successful. In managing the Fund’s portfolio, the investment adviser engages one or more sub-advisers to make investment decisions for a portion of or the entire portfolio. There is a risk that the investment adviser may be unable to identify and retain sub-advisers that achieve superior investment returns relative to other similar sub-advisers.