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SSFI ETF — Holdings & Analysis

Day Hagan / Ned Davis Research Smart Sector Fixed Income ETF (SSFI), managed by Day Hagan, is a fixed income ETF. 0.76% expense ratio, $36M AUM, inception 2021.

Day Hagan / Ned Davis Research Smart Sector Fixed Income ETF (SSFI) ETF — Price, Holdings & Analysis

Day Hagan / Ned Davis Research Smart Sector Fixed Income ETF (SSFI), managed by Day Hagan, is a fixed income ETF. 0.76% expense ratio, $36M AUM, inception 2021.

ETF Overview

The fund is considered a “fund of funds” that, under normal market conditions, seeks to achieve its investment objective by principally investing in unaffiliated fixed income exchange traded funds that invest in fixed income categories. Under normal market conditions, the fund will invest, indirectly through the underlying funds, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities and in derivatives and other instruments that have economic characteristics similar to such securities. The fund is non-diversified.
The fund is considered a “fund of funds” that, under normal market conditions, seeks to achieve its investment objective by principally investing in unaffiliated fixed income exchange traded funds that invest in fixed income categories. Under normal market conditions, the fund will invest, indirectly through the underlying funds, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities and in derivatives and other instruments that have economic characteristics similar to such securities. The fund is non-diversified. Day Hagan / Ned Davis Research Smart Sector Fixed Income ETF provides exposure to the fixed income market. The top three holdings account for 54.6% of assets, indicating meaningful single-stock concentration.

Risk Metrics

Day Hagan / Ned Davis Research Smart Sector Fixed Income ETF holds only 0 positions, creating elevated concentration risk where poor performance from a few holdings can significantly impact returns. The top three holdings represent 54.6% of the portfolio, introducing concentration risk. Heavy allocation to Financial Services (100.0%) means sector-specific downturns could disproportionately affect performance. The 0.76% expense ratio is above average and will reduce net returns over time. With $36M in assets, the fund may face liquidity constraints and wider bid-ask spreads.

Expense Ratio

0.76%

What does SSFI hold?

HoldingWeight
State Street® SPDR® Short Term Trs ETF (SPTS)18.83%
State Street SPDR Port Mortg Bckd Bd ETF (SPMB)18.64%
State Street SPDR Port Itmt Term Trs ETF (SPTI)17.14%
State Street® SPDR® Port Corp Bd ETF (SPBO)10.09%
State Street® SPDR® Blmbg InvGrdFltRtETF (FLRN)9.51%
State Street SPDR Portfolio L/T Trs ETF (SPTL)7.12%
Vanguard Total International Bond ETF (BNDX)6.44%
Vanguard Emerging Mkts Govt Bd ETF (VWOB)6.35%
State Street® SPDR® Port Hi Yld Bd ETF (SPHY)5.88%

How Is the Fund Allocated?

SectorWeight
Financial Services100.0%

Dividend Yield

0.00%

Risk Metrics

  • Beta: 0.92

Questions & Answers

What is Day Hagan / Ned Davis Research Smart Sector Fixed Income ETF (SSFI)?

The fund is considered a “fund of funds” that, under normal market conditions, seeks to achieve its investment objective by principally investing in unaffiliated fixed income exchange traded funds that invest in fixed income categories.

Under normal With $36M in assets under management, it is a funds in its category.

What is the expense ratio for SSFI?

Day Hagan / Ned Davis Research Smart Sector Fixed Income ETF has an expense ratio of 0.76%, which is considered higher than average for fixed income ETFs. This means for every $10,000 invested, annual fees would be approximately $76.

Lower expense ratios generally lead to better long-term returns, all else being equal.

What are the top holdings in SSFI?

The three largest positions in Day Hagan / Ned Davis Research Smart Sector Fixed Income ETF are State Street® SPDR® Short Term Trs ETF (SPTS, 18.8%), State Street SPDR Port Mortg Bckd Bd ETF (SPMB, 18.6%), State Street SPDR Port…

Itmt Term Trs ETF (SPTI, 17.1%). Together these top three holdings represent 54.6% of the fund. The fund has a concentrated portfolio.

How long has SSFI been around?

Day Hagan / Ned Davis Research Smart Sector Fixed Income ETF was launched in 2021, making it 5 years old. It has several years of operating history for investors to evaluate. It is managed by Day Hagan.

What is the current NAV of SSFI?

Day Hagan / Ned Davis Research Smart Sector Fixed Income ETF has a net asset value (NAV) of approximately $21.70 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities.

Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.