- ISIN
- US26923N3061
- Issuer
- Formidable
- Inception Date
- Apr 29, 2021
- Region
- Global (Broad)
- Category
- Mid Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
- Assets Under Management
- $22M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FORH Performance Chart
Formidable ETF (FORH) is up 2.3% since the beginning of the year. FORH is currently trading at $25 per share. Investors who bought $1,000 worth of FORH shares 5 years ago would now be looking at an investment worth $1,052.
Loading charts...
Returns By Period
Formidable ETF (FORH) has returned 2.28% so far this year and 11.26% over the past 12 months.
Formidable ETF
- 1D
- -0.18%
- 1M
- -1.12%
- YTD
- 2.28%
- 6M
- -0.78%
- 1Y
- 11.26%
- 3Y*
- 4.18%
- 5Y*
- 1.01%
- 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%
FORH Monthly Returns History
Based on dividend-adjusted daily data since Apr 30, 2021, FORH's average daily return is +0.01%, while the average monthly return is +0.20%. At this rate, an investment would double in approximately 28.9 years.
Historically, 52% of months were positive and 48% were negative. The best month was Sep 2025 with a return of +9.7%, while the worst month was Dec 2024 at -7.3%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 4 months.
On a daily basis, FORH closed higher 51% of trading days. The best single day was Apr 9, 2025 with a return of +4.1%, while the worst single day was Jun 16, 2022 at -4.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.72% | 3.14% | -4.61% | 4.11% | 0.08% | -2.87% | 2.28% | ||||||
| 2025 | 2.52% | -3.45% | 1.81% | -1.08% | 7.03% | 1.80% | 1.20% | 0.70% | 9.67% | -3.47% | 1.35% | -2.10% | 16.27% |
| 2024 | -2.94% | 1.39% | 7.31% | -3.14% | 0.14% | -4.99% | 5.84% | -1.33% | 2.35% | -1.58% | -0.54% | -7.31% | -5.63% |
| 2023 | 5.97% | -2.47% | -1.97% | -0.25% | -3.09% | 2.44% | 3.93% | -5.06% | -5.09% | -2.67% | 4.28% | 4.13% | -0.69% |
| 2022 | -0.94% | 1.01% | 5.79% | -5.37% | 2.23% | -6.58% | 1.93% | 1.88% | -6.16% | 3.11% | 6.19% | -3.63% | -1.64% |
| 2021 | -0.71% | 1.92% | 2.46% | -3.82% | -0.03% | -3.74% | 2.91% | -2.65% | 3.15% | -0.83% |
Benchmark Metrics
Formidable ETF has an annualized alpha of -4.85%, beta of 0.63, and R2 of 0.43 versus S&P 500 Index. Calculated based on daily prices since April 30, 2021.
- This ETF participated in 77.86% of S&P 500 Index downside but only 44.87% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.63 may look defensive, but with R2 of 0.43 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.43 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -4.85%
- Beta
- 0.63
- R²
- 0.43
- Upside Capture
- 44.87%
- Downside Capture
- 77.86%
Expense Ratio
FORH has a high expense ratio of 1.19%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FORH ranks 19 for risk / return — in the bottom 19% 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 Formidable ETF (FORH) 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.
| FORH | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.70 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.37 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | 2.78 | -1.90 |
| Martin ratioReturn relative to average drawdown | 1.69 | 12.44 | -10.75 |
Dividends
Dividend History
Formidable ETF provided a 1.78% dividend yield over the last twelve months, with an annual payout of $0.44 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $0.44 | $0.44 | $0.00 | $0.87 | $0.87 | $0.17 |
Dividend yield | 1.78% | 1.82% | 0.00% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.44 |
| 2024 | $0.00 | $0.00 | $0.00 | $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.
Loading charts...
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 20.73%, occurring on Apr 8, 2025. Recovery took 114 trading sessions.
The current Formidable ETF drawdown is 8.65%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -20.73%Apr 2025 | 2y 11mo | 5mo 17d | 3y 5moApr 2022 - Sep 2025 |
2025 correction2025 | -12.80%Nov 2025 | 27d | — | 8mo 2dOct 2025 - now |
2021 correction2021 | -10.50%Dec 2021 | 5mo 25d | 4mo 1d | 9mo 26dJun 2021 - Apr 2022 |
2021 pullback2021 | -3.82%May 2021 | 2d | 20d | 22dMay 2021 - Jun 2021 |
2025 pullback2025 | -2.78%Oct 2025 | 1d | 5d | 6dOct 2025 - Oct 2025 |
Drawdown Indicators
| FORH | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.73% | -56.78% | +36.05% |
Max Drawdown (1Y)Largest decline over 1 year | -12.80% | -9.10% | -3.70% |
Max Drawdown (3Y)Largest decline over 3 years | -19.42% | -18.90% | -0.52% |
Max Drawdown (5Y)Largest decline over 5 years | -20.73% | -25.43% | +4.70% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -8.65% | -1.80% | -6.85% |
Average DrawdownAverage peak-to-trough decline | -7.98% | -10.71% | +2.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.67% | 2.03% | +4.64% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FORH
Add Formidable ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FORH