Tidal Trust Ii Etf Profile
| FIAX Etf | 19.43 0.06 0.31% |
Performance3 of 100
| Odds Of DistressLess than 9
|
Tidal Trust is trading at 19.43 as of the 24th of November 2024; that is 0.31 percent increase since the beginning of the trading day. The etf's open price was 19.37. Tidal Trust has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Tidal Trust II are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of August 2024 and ending today, the 24th of November 2024. Click here to learn more.
Tidal Trust is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Tidal Trust II
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Tidal Etf Highlights
| Thematic Idea | Treasury ETFs (View all Themes) |
| Business Concentration | Treasury ETFs, Nontraditional Bond (View all Sectors) |
| Issuer | Toroso Investments |
| Inception Date | 2022-11-30 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 160.6 Million |
| Asset Type | Fixed Income |
| Category | U.S. Government |
| Focus | Treasury |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Tidal ETF Services LLC |
| Advisor | Toroso Investments, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | David Nicholas, Jay Petrischelli, Michael Venuto, Charles A. Ragauss |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 20.0 |
| Market Maker | Jane Street |
| Total Expense | 1.04 |
| Management Fee | 0.95 |
| 200 Day M A | 19.4213 |
| Country Name | USA |
| 50 Day M A | 19.5309 |
| Code | FIAX |
| Updated At | 23rd of November 2024 |
| Returns Y T D | 5.66 |
| Name | Tidal Trust II - Nicholas Fixed Income Alternative ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01BTRTQK2 |
| Type | ETF |
| 1y Volatility | 3.88 |
Tidal Trust II [FIAX] is traded in USA and was established null. The fund is listed under Nontraditional Bond. The entity is thematically classified as Treasury ETFs. Tidal Trust II currently have in assets under management (AUM). , while the total return for the last year was 6.3%.
Check Tidal Trust Probability Of Bankruptcy
Tidal Trust II Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Tidal Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0324 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.32) |
Tidal Trust Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Tidal Trust II. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Tidal Trust II is measured differently than its book value, which is the value of Tidal that is recorded on the company's balance sheet. Investors also form their own opinion of Tidal Trust's value that differs from its market value or its book value, called intrinsic value, which is Tidal Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tidal Trust's market value can be influenced by many factors that don't directly affect Tidal Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tidal Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tidal Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tidal Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.