Key stats
About Tidal Trust II Cambria Chesapeake Pure Trend ETF
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Inception date
May 29, 2024
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
ALPS Distributors, Inc.
MFUT employs the Chesapeake program for a trend strategy that analyzes market signals based on various market metrics, such as price movement, volatility, and open interest. The sub-adviser uses computer-driven models to predict opportunities and identify price patterns for long/short futures contracts, spot and forward currency contracts, equity securities, and cash and cash equivalents. Investment decisions are based on Chesapeakes systems, predicted market directions, trading discretion, judgment and experience. The actively managed fund also has a cash strategy for margin and collateral in which the sub-adviser utilizes their own quantitative model to tactically select US government securities based on yield spreads relative to T-Bills and their historical average. The fund may gain up to 25% derivatives exposure through a wholly owned Cayman Islands subsidiary. The fund does not directly invest in digital currencies but may hold up to 2% through futures contracts.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Mutual fund
Stocks24.91%
Technology Services5.90%
Electronic Technology3.68%
Health Technology3.11%
Process Industries3.02%
Producer Manufacturing1.51%
Industrial Services1.28%
Consumer Services1.00%
Consumer Durables0.85%
Utilities0.80%
Consumer Non-Durables0.60%
Non-Energy Minerals0.38%
Finance0.22%
Bonds, Cash & Other75.09%
Cash46.03%
Mutual fund40.59%
Rights & Warrants0.03%
Miscellaneous−11.56%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MFUT assets under management is 16.23 M USD. It's fallen 15.70% over the last month.
MFUT fund flows account for 23.49 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MFUT pays dividends to its holders with the dividend yield of 0.38%. The last dividend (Dec 9, 2024) amounted to 0.05 USD. The dividends are paid annually.
MFUT shares are issued by Toroso Investments Topco LLC under the brand Cambria. The ETF was launched on May 29, 2024, and its management style is Active.
MFUT expense ratio is 0.82% meaning you'd have to pay 0.82% of your investment to help manage the fund.
MFUT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MFUT invests in cash.
MFUT price has fallen by −1.31% over the last month, and its yearly performance shows a −27.91% decrease. See more dynamics on MFUT price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.50% over the last month, showed a −12.38% decrease in three-month performance and has decreased by −13.27% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.50% over the last month, showed a −12.38% decrease in three-month performance and has decreased by −13.27% in a year.
MFUT trades at a premium (0.52%) meaning the ETF is trading at a higher price than the calculated NAV.