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ETF

Ticker CETF
Fact Sheet Prospectus SAI
Overview Fund Facts Performance Holdings Distributions Literature Purchase Information
$25.15
as of 09/22/2023
0.00 (0.00%)
as of 09/22/2023
YTD: 1.74%
as of 09/22/2023
0.85%
as stated in the prospectus

Features

The DriveWealth ICE 100 Index ETF seeks to provide investment results that, before fees and expenses, track the performance of the ICE DriveWealth 100 Index (the “Index”). The ICE 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 ICE 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 ICE 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 (Insert link to 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 Apr 25, 2023

April 25, 2023
No
0.50%
USD
State Street
Penserra
Drive Advisory
Foreside Fund Services, LLC.
Annually
100

Listing Information as of Apr 25, 2023

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

Fund Market Price as of Sep 25, 2023

$25.11/$25.34
$25.11
$25.15
$25.11
1,257
1.00%
0.51%

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 at [link to prospectus]. Read carefully before investing.

Fund Net Cash Amount as of Sep 22, 2023

$79

Fund Net Asset Value as of Sep 22, 2023

$25.15
29,000
$729,326

Performance as of Sep 22, 2023

1 Month QTD YTD 1 Year 3 Year* 5 Year* 10 Year* Incept.*
NAV -1.10% 0.25% 1.74% N/A N/A N/A N/A 4.29%
Market Value -1.08% 0.19% 1.66% N/A N/A N/A N/A 4.08%
ICE DriveWealth 100 Index -2.85% -0.64% 12.55% 14.05% 9.60% 8.13% 9.54% 7.74%

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

1 Month 1 Day 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception

Fund Top Holdings as of Sep 22, 2023

Name Ticker Performance
United States Brent Oil Fund LP BNO 12.70%
United States Oil Fund LP USO 12.34%
Invesco DB Oil Fund DBO 12.08%
WisdomTree Japan Hedged Equity Fund DXJ 7.21%
iShares S&P GSCI Commodity Indexed Trust GSG 6.76%
iShares GSCI Commodity Dynamic Roll Strategy ETF COMT 4.64%
Invesco DB Commodity Index Tracking Fund DBC 4.55%
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF PDBC 4.41%
SPDR S&P Oil & Gas Equipment & Services ETF XES 4.08%
iShares Global Energy ETF IXC 3.96%
Alerian MLP ETF AMLP 3.31%
Energy Select Sector SPDR Fund XLE 3.00%
VanEck Oil Service ETF OIH 2.88%
Fidelity MSCI Energy Index ETF FENY 2.81%
Vanguard Energy ETF VDE 2.80%
iShares U.S. Oil Equipment & Services ETF IEZ 2.79%
VanEck BDC Income ETF BIZD 2.71%
iShares U.S. Energy ETF IYE 2.41%
WisdomTree India Earnings Fund EPI 2.39%
First Trust Global Tactical Commodity Strategy Fund FTGC 1.65%
iShares North American Natural Resources ETF IGE 1.43%
Invesco Senior Loan ETF BKLN 1.28%
SPDR Blackstone Senior Loan ETF SRLN 1.15%
First Trust Senior Loan ETF FTSL 1.12%
iShares MSCI India Small-Cap ETF SMIN 1.11%
Janus Henderson AAA CLO ETF JAAA 0.72%
Invesco Variable Rate Preferred ETF VRP 0.62%
Invesco S&P 500 Equal Weight Energy ETF RSPG 0.61%
VanEck IG Floating Rate ETF FLTR 0.60%
SPDR Bloomberg Barclays Investment Grade Floating Rate ETF FLRN 0.56%
PGIM Ultra Short Bond ETF PULS 0.54%
PIMCO Enhanced Short Maturity Exchange-Traded Fund MINT 0.54%
iShares Floating Rate Bond ETF FLOT 0.54%
BlackRock Short Maturity Bond ETF NEAR 0.48%
US Treasury 6 month Bill ETF XBIL 0.47%
US Treasury 3 Month Bill ETF TBIL 0.47%
iShares 0-3 Month Treasury Bond ETF SGOV 0.47%
Goldman Sachs Access Ultra Short Bond ETF GSST 0.46%
Invesco Variable Rate Investment Grade ETF VRIG 0.46%
SPDR Bloomberg Barclays 1-3 Month T-Bill ETF BIL 0.46%
First Trust Institutional Preferred Securities and Income ETF FPEI 0.46%
iShares Short Treasury Bond ETF SHV 0.46%
Goldman Sachs Treasury Access 0-1 Year ETF GBIL 0.45%
SPDR Bloomberg Barclays 3-12 Month T-Bill ETF BILS 0.45%
FlexShares Ultra-Short Income Fund RAVI 0.44%
BlackRock Ultra Short-Term Bond ETF ICSH 0.44%
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF XHLF 0.43%
NEOS Enhanced Income Cash Alternative ETF CSHI 0.43%
iShares Treasury Floating Rate Bond ETF TFLO 0.42%
WisdomTree Bloomberg Floating Rate Treasury Fund USFR 0.42%
Janus Short Duration Income ETF VNLA 0.42%
JPMorgan Ultra-Short Income ETF JPST 0.41%
iBonds Dec 2024 Term Corporate ETF IBDP 0.41%
First Trust Enhanced Short Maturity ETF FTSM 0.40%
AB Ultra Short Income ETF YEAR 0.40%
Invesco BulletShares 2024 Corporate Bond ETF BSCO 0.39%
Alpha Architect 1-3 Month Box ETF BOXX 0.39%
iShares iBonds Dec 2024 Term Treasury ETF IBTE 0.37%
SPDR SSgA Ultra Short Term Bond ETF ULST 0.37%
Vanguard Ultra-Short Bond ETF VUSB 0.36%
Invesco Ultra Short Duration ETF GSY 0.35%
BondBloxx Bloomberg One Year Target Duration US Treasury ETF XONE 0.33%
BlackRock Short Maturity Municipal Bond ETF MEAR 0.25%
JPMorgan Ultra-Short Municipal Income ETF JMST 0.23%
iShares U.S. Oil & Gas Exploration & Production ETF IEO -0.09%
First Trust Energy AlphaDEX Fund FXN -0.35%
SPDR S&P Oil & Gas Exploration & Production ETF XOP -0.53%
Innovator Defined Wealth Shield ETF BALT -0.73%
VanEck Vietnam ETF VNM -0.91%
Invesco BuyBack Achievers ETF PKW -1.02%
Innovator S&P 500 Power Buffer ETF – February PFEB -1.07%
Cambria Shareholder Yield ETF SYLD -1.11%
FT Cboe Vest Fund of Deep Buffer ETF BUFD -1.16%
Innovator S&P 500 Power Buffer ETF PJUL -1.28%
Innovator S&P 500 Power Buffer ETF – August PAUG -1.39%
JPMorgan Nasdaq Equity Premium Income ETF JEPQ -1.77%
Pacer US Cash Cows 100 ETF COWZ -1.78%
Avantis U.S. Large Cap Value ETF AVLV -1.90%
Distillate US Fundamental Stability & Value ETF DSTL -2.18%
Invesco S&P 500 Quality ETF SPHQ -2.18%
BNY Mellon US Large Cap Core Equity ETF BKLC -2.18%
iShares Russell Top 200 ETF IWL -2.19%
Vanguard Mega Cap ETF MGC -2.24%
Invesco S&P 500 GARP ETF SPGP -2.35%
First Trust Natural Gas ETF FCG -2.40%
SPDR Portfolio S&P 500 Growth ETF SPYG -2.64%
Vanguard S&P 500 Growth ETF VOOG -2.66%
iShares S&P 500 Growth ETF IVW -2.67%
Dimensional US High Profitability ETF DUHP -2.69%
iShares Core S&P U.S. Growth ETF IUSG -2.70%
Pacer US Small Cap Cash Cows 100 ETF CALF -2.70%
Invesco S&P MidCap Momentum ETF XMMO -2.71%
SPDR S&P 500 ESG ETF EFIV -2.74%
Xtrackers S&P 500 ESG ETF SNPE -2.75%
iShares Edge MSCI USA Quality Factor ETF QUAL -3.19%
Invesco S&P MidCap Quality ETF XMHQ -3.29%
Nuveen ESG Large-Cap Growth ETF NULG -3.52%
Global X U.S. Infrastructure Development ETF PAVE -4.55%
SPDR S&P Homebuilders ETF XHB -5.56%
iShares U.S. Home Construction ETF ITB -6.41%
See All Holdings

Distributions as of Sep 25, 2023

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

Literature

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 at [link to prospectus]. 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.