- Issuer
- TrimTabs
- Inception Date
- Dec 8, 2020
- Region
- North America (U.S.)
- Category
- Technology Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- TrimTabs Donoghue Forlines Risk Managed Free Cash Flow Innovation Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $43M
Share Price Chart
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Performance
DFNV Performance Chart
TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) is down 4.6% since the beginning of the year. DFNV is currently trading at $37 per share. Investors who bought $1,000 worth of DFNV shares 5 years ago would now be looking at an investment worth $1,431.
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Returns By Period
TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) has returned -4.61% so far this year and 0.59% over the past 12 months.
TrimTabs Donoghue Forlines Risk Managed Innovation ETF
- 1D
- -1.41%
- 1M
- -4.37%
- YTD
- -4.61%
- 6M
- -6.55%
- 1Y
- 0.59%
- 3Y*
- 15.78%
- 5Y*
- 7.43%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
DFNV Monthly Returns History
Based on dividend-adjusted daily data since Dec 8, 2020, DFNV's average daily return is +0.04%, while the average monthly return is +0.83%. At this rate, an investment would double in approximately 7.0 years.
Historically, 55% of months were positive and 45% were negative. The best month was May 2026 with a return of +14.6%, while the worst month was Apr 2022 at -11.4%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 5 months.
On a daily basis, DFNV closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +10.0%, while the worst single day was Apr 4, 2025 at -6.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -7.85% | -4.13% | -3.84% | 6.26% | 14.56% | -7.76% | -4.61% | ||||||
| 2025 | 4.05% | -3.63% | -6.19% | 2.23% | 6.47% | 4.49% | -0.30% | 1.31% | 3.85% | 0.27% | -2.31% | -1.38% | 8.42% |
| 2024 | 3.38% | 5.22% | 0.86% | -5.55% | 2.21% | 7.28% | -0.16% | 3.88% | 2.66% | 1.23% | 8.90% | -1.07% | 31.93% |
| 2023 | 4.05% | -0.87% | 3.18% | -2.89% | 5.21% | 5.42% | 5.58% | -2.77% | -4.27% | -3.19% | 9.51% | 6.26% | 26.92% |
| 2022 | -10.19% | -1.35% | 2.71% | -11.35% | -0.61% | -6.40% | 8.72% | -3.94% | -5.34% | 2.95% | 2.69% | -3.16% | -24.05% |
| 2021 | 1.48% | -0.10% | -0.32% | 4.42% | -0.22% | 5.67% | 2.42% | 3.53% | -5.34% | 4.68% | -1.24% | 2.65% | 18.51% |
Benchmark Metrics
TrimTabs Donoghue Forlines Risk Managed Innovation ETF has an annualized alpha of -3.77%, beta of 1.02, and R2 of 0.74 versus S&P 500 Index. Calculated based on daily prices since December 08, 2020.
- This ETF participated in 102.09% of S&P 500 Index downside but only 84.47% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -3.77% versus S&P 500 Index - delivering less than market exposure alone would predict.
- With beta of 1.02 and R2 of 0.74, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -3.77%
- Beta
- 1.02
- R²
- 0.74
- Upside Capture
- 84.47%
- Downside Capture
- 102.09%
Expense Ratio
DFNV has an expense ratio of 0.69%, placing it in the medium range.
Return for Risk
Risk / Return Rank
DFNV ranks 9 for risk / return — in the bottom 9% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DFNV | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.00 | ||
| Sortino ratioReturn per unit of downside risk | -2.59 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.37 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.03 | 2.78 | -2.76 |
| Martin ratioReturn relative to average drawdown | 0.06 | 12.44 | -12.37 |
Dividends
Dividend History
TrimTabs Donoghue Forlines Risk Managed Innovation ETF provided a 0.39% dividend yield over the last twelve months, with an annual payout of $0.15 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.15 | $0.15 | $0.46 | $0.22 | $0.27 | $1.40 | $0.01 |
Dividend yield | 0.39% | 0.38% | 1.28% | 0.77% | 1.20% | 4.77% | 0.02% |
Monthly Dividends
The table displays the monthly dividend distributions for TrimTabs Donoghue Forlines Risk Managed Innovation ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.03 | ||||||
| 2025 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.15 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 | $0.46 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.40 | $1.40 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the TrimTabs Donoghue Forlines Risk Managed Innovation ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the TrimTabs Donoghue Forlines Risk Managed Innovation ETF was 29.71%, occurring on Jun 16, 2022. Recovery took 405 trading sessions.
The current TrimTabs Donoghue Forlines Risk Managed Innovation ETF drawdown is 11.00%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -29.71%Jun 2022 | 7mo 1d | 1y 7mo | 2y 2moNov 2021 - Jan 2024 |
2025 selloff2025 | -22.72%Apr 2025 | 1mo 18d | 2mo 26d | 4mo 14dFeb 2025 - Jul 2025 |
2026 bear market2026 | -21.54%Mar 2026 | 5mo | 2mo 6d | 7mo 6dOct 2025 - Jun 2026 |
2021 correction2021 | -12.31%Mar 2021 | 20d | 3mo 18d | 4mo 8dFeb 2021 - Jun 2021 |
2026 correction2026 | -11.00%Jun 2026 | 20d | — | 21d 3hJun 2026 - now |
Drawdown Indicators
| DFNV | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.71% | -56.78% | +27.07% |
Max Drawdown (1Y)Largest decline over 1 year | -21.54% | -9.10% | -12.44% |
Max Drawdown (3Y)Largest decline over 3 years | -22.72% | -18.90% | -3.82% |
Max Drawdown (5Y)Largest decline over 5 years | -29.71% | -25.43% | -4.28% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -11.00% | -1.80% | -9.20% |
Average DrawdownAverage peak-to-trough decline | -9.45% | -10.71% | +1.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.10% | 2.03% | +7.07% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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