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ABHY ETF — Holdings & Analysis

The TrimTabs ETF Trust - Donoghue Forlines Tactical High Yield ETF (ABHY) is an equity ETF with approximately $0.00B in assets under management and an expense ratio of 0.63%. ABHY employs a tactical strategy, switching between high yield and US Treasury ETFs based on a daily buy-sell signal, allocating fully to high yield ETFs when a buy signal is triggered and 80% to US Treasurys otherwise. The fund's tactical approach and focus on downside protection differentiate it from traditional high-yield ETFs, offering a risk-managed approach to high-yield investing.

TrimTabs ETF Trust - Donoghue Forlines Tactical High Yield ETF (ABHY) ETF — Price, Holdings & Analysis

The TrimTabs ETF Trust - Donoghue Forlines Tactical High Yield ETF (ABHY) is an equity ETF with approximately $0.00B in assets under management and an expense ratio of 0.63%. ABHY employs a tactical strategy, switching between high yield and US Treasury ETFs based on a daily buy-sell signal, allocating fully to high yield ETFs when a buy signal is triggered and 80% to US Treasurys otherwise. The fund's tactical approach and focus on downside protection differentiate it from traditional high-yield ETFs, offering a risk-managed approach to high-yield investing.

ETF Overview

ABHY tracks an index that invests in US-listed high yield ETFs while applying a downside protection. The risk-managed fund employs a tactical strategy that toggles between high yield and US Treasury ETFs. This tactical switch is determined by a daily buy-sell signal. Full exposure is allocated to high yield ETFs when a buy signal is triggered, while 80% is allocated to US Treasurys when it triggers otherwise. Underlying ETFs must meet certain expense ratio and AUM requirements to be considered. In addition, both must have an investment process that excludes factors, hedges and long/short strategies. The underlying ETFs are weighted based on their respective expenses and AUM, whether its junk bonds or Treasurys. The index is rebalanced quarterly and reconstituted annually. DFHYs investors should anticipate frequent trading. Prior to Nov. 29, 2021, the fund was named TrimTabs Donoghue Forlines Tactical High Yield and tracked the TrimTabs Donoghue Forlines Tactical High Yield Index. Prior to Nov. 13, 2024 the fund name was Donoghue Forlines Tactical High Yield ETF and traded under the ticker DFHY.
ABHY, under the TrimTabs ETF Trust, aims to provide high yield exposure while mitigating downside risk through a tactical asset allocation strategy. The fund invests in US-listed high yield ETFs and US Treasury ETFs, switching between the two based on a daily buy-sell signal. When a buy signal is active, the fund allocates 100% to high yield ETFs. Conversely, when the signal indicates otherwise, 80% of the fund is allocated to US Treasurys. The underlying ETFs must meet specific expense ratio and AUM requirements and exclude factors, hedges, and long/short strategies. The underlying ETFs are weighted based on their respective expenses and AUM, whether its junk bonds or Treasurys. The index is rebalanced quarterly and reconstituted annually. This tactical approach is designed for investors seeking high yield exposure with a focus on risk management, potentially appealing to those who are concerned about market volatility and downside risk in the high-yield market. Investors should anticipate frequent trading due to the tactical nature of the fund.

Risk Metrics

ABHY's tactical strategy introduces a unique risk profile compared to traditional high-yield ETFs. The frequent trading required by the daily buy-sell signal may lead to higher transaction costs and potential tax implications. The fund's concentration in US-listed high yield and US Treasury ETFs exposes it to the risks associated with these specific asset classes. As of 2026-03-15, the fund has 98.8% exposure to the United States. Furthermore, the reliance on a tactical model means that the fund's performance is heavily dependent on the accuracy and effectiveness of the buy-sell signal. The 0.63% expense ratio can create a drag on performance, especially in periods of low returns. The fund's small AUM of $0.00B may also present liquidity risks.

Expense Ratio

0.63%

Sector Allocation

  • United States: 98.8%
  • Other: 1.2%

Dividend Yield

0.00%
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Questions & Answers

What is ABHY and what does it track?

ABHY, the TrimTabs ETF Trust - Donoghue Forlines Tactical High Yield ETF, is an equity ETF that tracks an index investing in US-listed high yield ETFs while employing a downside protection strategy. The fund uses a tactical approach, toggling between high yield and US Treasury ETFs based on a daily buy-sell signal. When the signal is triggered to buy, the fund allocates fully to high yield ETFs, and when it triggers otherwise, 80% is allocated to US Treasurys. This tactical strategy aims to provide high yield exposure while mitigating downside risk, making it a unique offering in the high yield ETF landscape.

What is the expense ratio for ABHY?

The expense ratio for ABHY is 0.63%. This means that for every $10,000 invested in the fund, $63 is charged annually to cover operating expenses. While this provides the benefit of tactical management, it is important to consider the cost. It's important to compare this to other high yield ETFs and consider whether the tactical strategy justifies the cost.

What are the top holdings in ABHY?

As a fund of funds, ABHY's holdings consist of other ETFs. Due to the tactical nature of the fund and the daily buy-sell signal, the specific holdings can change frequently. The fund invests primarily in US-listed high yield ETFs and US Treasury ETFs. The underlying ETFs are weighted based on their respective expenses and AUM, whether its junk bonds or Treasurys. For the most up-to-date information on ABHY's specific holdings, please refer to the official fund website or fact sheet.

Is ABHY a good long-term investment?

ABHY's suitability as a long-term investment depends on an investor's risk tolerance and investment goals. The fund's tactical strategy, which switches between high yield and US Treasury ETFs, aims to provide downside protection, but it also introduces complexity and potential for increased trading costs. The fund's expense ratio of 0.63% should also be considered in the context of long-term returns. Past performance does not guarantee future results, and investors should carefully evaluate the fund's strategy and risk profile before making a long-term investment decision.

How does ABHY compare to similar ETFs?

ABHY differentiates itself from other high yield ETFs through its tactical asset allocation strategy. Unlike passively managed high yield ETFs, ABHY actively switches between high yield and US Treasury ETFs based on a daily buy-sell signal. This approach aims to provide downside protection during market downturns. However, this tactical management comes at a cost, with an expense ratio of 0.63%. The fund's AUM is $0.00B, which may be smaller than some of its competitors. Investors should compare ABHY's strategy, expense ratio, and performance to other high yield ETFs to determine which fund best aligns with their investment objectives.

Does ABHY pay dividends?

According to the provided data, ABHY has a dividend yield of 0.00% as of 2026-03-15. This indicates that the fund is not currently distributing dividends to its shareholders. Investors seeking income from their investments may want to consider other high yield ETFs with a higher dividend yield. However, it's important to note that dividend yields can fluctuate over time and are not guaranteed.