Formidable ETF (FORH)
FORH is an actively managed ETF by Formidable. FORH launched on Apr 29, 2021 and has a 1.19% expense ratio.
ETF Info
| ISIN | US26923N3061 |
|---|---|
| Issuer | Formidable |
| Inception Date | Apr 29, 2021 |
| Region | Global (Broad) |
| Category | Mid Cap Blend Equities |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Value |
Expense Ratio
FORH has a high expense ratio of 1.19%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Formidable ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Formidable ETF had a return of 1.78% year-to-date (YTD) and 2.50% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.78% | 17.95% |
| 1 month | 3.51% | 3.13% |
| 6 months | 1.13% | 9.95% |
| 1 year | 2.50% | 24.88% |
| 5 years (annualized) | N/A | 13.37% |
| 10 years (annualized) | N/A | 10.92% |
Monthly Returns
The table below presents the monthly returns of FORH, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.94% | 1.39% | 7.31% | -3.15% | 0.14% | -4.99% | 5.84% | -1.33% | 1.78% | ||||
| 2023 | 5.97% | -2.47% | -1.97% | -0.25% | -3.09% | 2.44% | 3.93% | -5.06% | -5.09% | -2.67% | 4.28% | 4.14% | -0.69% |
| 2022 | -0.94% | 1.01% | 5.79% | -5.37% | 2.23% | -6.58% | 1.93% | 1.88% | -6.16% | 3.11% | 6.20% | -3.63% | -1.64% |
| 2021 | -0.60% | 1.92% | 2.46% | -3.82% | -0.03% | -3.74% | 2.91% | -2.65% | 3.15% | -0.71% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FORH is 14, indicating that it is in the bottom 14% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Formidable ETF (FORH) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Formidable ETF granted a 3.81% dividend yield in the last twelve months. The annual payout for that period amounted to $0.87 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.87 | $0.87 | $0.87 | $0.17 |
Dividend yield | 3.81% | 3.88% | 3.72% | 0.69% |
Monthly Dividends
The table displays the monthly dividend distributions for Formidable 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.87 | $0.87 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.87 | $0.87 |
| 2021 | $0.17 | $0.17 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Formidable 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 Formidable ETF was 16.44%, occurring on Oct 27, 2023. The portfolio has not yet recovered.
The current Formidable ETF drawdown is 7.65%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.44% | Apr 21, 2022 | 383 | Oct 27, 2023 | — | — | — |
| -10.5% | Jun 9, 2021 | 123 | Dec 1, 2021 | 84 | Apr 1, 2022 | 207 |
| -3.83% | May 10, 2021 | 3 | May 12, 2021 | 13 | Jun 1, 2021 | 16 |
| -2.06% | Apr 5, 2022 | 5 | Apr 11, 2022 | 6 | Apr 20, 2022 | 11 |
| -1.24% | Jun 3, 2021 | 1 | Jun 3, 2021 | 2 | Jun 7, 2021 | 3 |
Volatility
Volatility Chart
The current Formidable ETF volatility is 4.65%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.