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Fund Summary

As of: 07/26/2021
Fund NameThe Fear of Missing Out ETF
TickerFOMO
CUSIP19423L 664
ISINUS19423L6645
Primary ExchangeCboe BZX Exchange, Inc.
NAV$25.39
Market Closing Price$25.37
Fund Inception Date05/25/21
Number of Holdings189
Gross Expense Ratio0.90%
30 Day Median Bid-Ask0.24%
Management StyleActively Managed
Options AvailableNo
Shares Outstanding225,000
Net Assets$5,712,840
Portfolio AdvisorTuttle Capital Management

Fund Documents

Fund Objective

FOMO (the “Fund”) seeks to provide capital appreciation. The Fund takes its name from the phrase “Fear of Missing Out” and seeks to reflect current or emerging trends. 

Principal Investment Strategy

In pursuing the Fund’s investment objective, the Fund will invest in equity securities of any market capitalization, exchange-traded funds (“ETFs”), fixed income ETFs, volatility and inverse volatility ETFs and ETNs, leveraged and inverse ETFs and ETNs.

Informed Agility

FOMO completely adheres to the principles of informed agility, which can be a strong methodology in managing money in today’s turbulent climate.

Cuts through Noise

FOMO helps cut through the chatter and market noise, which few investors have time to discern, to focus on what’s “important” news.

NAV & Market Price

As of: 07/26/2021

FOMO – Fund Holdings

As of: 07/26/2021
TickerCompany Name% of FundConstituent Market ValueCUSIPShares Held of Constituent
MSFTMICROSOFT CORP1.69%$96,543594918104334
AMZNAMAZON.COM INC1.69%$96,19502313510626
MUMICRON TECHNOLOGY INC1.66%$94,4595951121031,238
AMCAMC ENTERTAINMENT HLDS-CL A1.25%$71,07200165C1041,764
TGTTARGET CORP1.22%$69,38987612E106266
SBUXSTARBUCKS CORP1.22%$69,333855244109550
GOOGLALPHABET INC-CL A1.22%$69,69802079K30526
MCDMCDONALDS CORP1.20%$68,558580135101281
JNJJOHNSON & JOHNSON1.20%$68,232478160104397
PMPHILIP MORRIS INTERNATIONAL1.20%$68,635718172109693
VZVERIZON COMMUNICATIONS INC1.19%$68,05292343V1041,220
NFLXNETFLIX INC1.16%$66,11164110L106128
NUANNUANCE COMMUNICATIONS INC1.16%$66,00367020Y1001,197
WFCWELLS FARGO & CO1.14%$64,9499497461011,443
EVRIEVERI HOLDINGS INC1.06%$60,38030034T1032,597
TAT&T INC1.06%$60,75600206R1022,156
COPCONOCOPHILLIPS1.04%$59,37220825C1041,044
LMTLOCKHEED MARTIN CORP1.04%$59,256539830109161
NTNXNUTANIX INC - A1.04%$59,42767059N1081,614
KMBKimberly-Clark Corp1.03%$59,039494368103437
CIENCIENA CORP1.03%$58,9881717793091,042
ANETARISTA NETWORKS INC1.03%$58,870040413106156
NVDANVIDIA CORP1.03%$58,84767066G104305
APHAMPHENOL CORP-CL A1.03%$58,643032095101829
WMBWilliams Companies Inc.1.02%$58,1409694571002,272
COWNCOWEN GROUP-A1.02%$58,3952236226061,495
MRKMERCK & CO. INC.1.01%$57,62158933Y105746
JPMJPMORGAN CHASE & CO1.01%$57,62746625H100380
LKQLKQ CORP1.01%$57,9135018892081,136
YNDXYANDEX NV A COMMON STOCK EUR.011.01%$57,864N97284108829
CERNCERNER CORP1.00%$57,230156782104731
VRNTVerint Systems Inc.1.00%$56,99792343X1001,343
RILYB. RILEY FINANCIAL INC1.00%$56,87505580M108848
AAPLAPPLE INC0.99%$56,765037833100381
MIMEMIMECAST LTD0.99%$56,388G148381091,023
MDRXALLSCRIPTS HEALTHCARE SOLUTI0.99%$56,35801988P1083,269
GOOGALPHABET INC-CL C0.98%$55,85802079K10720
FSLYFastly Inc. Class A0.98%$55,97331188V1001,143
ADBEADOBE SYSTEMS INC0.97%$55,25100724F10189
RPTRPT REALTY0.97%$55,22574971D1014,345
ROGRogers Corp0.97%$55,188775133101281
TELLTELLURIAN INC COMMON STOCK USD.010.97%$55,47287968A10415,033
BLKBLACKROCK INC0.96%$54,90409247X10163
BSYBentley Systems Inc. Class B0.96%$54,71108265T208895
TXTTEXTRON INC0.96%$54,648883203101802
SCU USSCULPTOR CAPITAL MANAGEME0.96%$54,6058112461072,369
AGENAGENUS INC0.95%$54,19800847G70510,226
AMTAMERICAN TOWER CORP0.95%$54,36103027X100191
AERAERCAP HOLDINGS NV0.95%$54,434N009851061,044
SSNCSS+C TECHNOLOGIES HOLDINGS COMMON STOCK USD.010.95%$54,37178467J100721
RUNSUNRUN INC0.93%$52,84586771W1051,055
EDITEDITAS MEDICINE INC0.93%$53,24028106W1031,336
NTLAINTELLIA THERAPEUTICS INC0.91%$52,12645826J105389
CASH AND CASH EQUIVALENTS0.84%$48,08448,084
PTONPeloton Interactive Inc. Class A0.82%$46,98670614W100383
TSLATesla Inc.0.82%$46,69188160R10171
UPWKUpwork Inc.0.81%$45,96591688F104816
FNDFloor & Decor Holdings Inc. Class A0.79%$45,201339750101378
KKRKKR & CO INC -A0.79%$45,07448251W104729
FBFacebook Inc.0.79%$45,06830303M102121
CCITIGROUP INC0.75%$42,831172967424632
ZMZOOM VIDEO COMMUNICATIONS-A0.71%$40,29998980L101108
PIRSPIERIS PHARMACEUTICALS INC0.71%$40,37472079510312,016
FCNFTI Consulting Inc0.70%$40,035302941109290
INTCINTEL CORP0.70%$39,701458140100731
STXSEAGATE TECHNOLOGY-ORDINARY SHARES0.69%$39,087G7997R103453
IBKRINTERACTIVE BROKERS GRO-CL A0.68%$38,63445841N107637
RBLXROBLOX CORP CLASS A0.68%$38,582771049103497
SXCSUNCOKE ENERGY INC0.67%$37,99486722A1035,585
DFSDISCOVER FINANCIAL SERVICES0.66%$37,550254709108301
FCNCAFIRST CITIZENS BANCSHARES INC0.66%$37,51031946M10348
MSMORGAN STANLEY0.66%$37,847617446448392
IDCCINTERDIGITAL INC0.66%$37,52445867G101578
LRCXLAM RESEARCH CORP0.65%$37,14451280710858
OSTKOVERSTOCK.COM INC0.65%$37,118690370101449
IMKTAINGLES MARKETS INC-CLASS A0.65%$37,056457030104624
CHWYCHEWY INC CLASS A COMMON STOCK USD.010.65%$36,96716679L109428
ORCLORACLE CORP0.65%$37,17068389X105423
EQIXEQUINIX INC0.64%$36,49829444U70044
EIXEDISON INTERNATIONAL0.64%$36,623281020107660
STRIDE INC0.64%$36,25586333M1081,197
QIWIQIWI PLC-SPONSORED ADR0.64%$36,74074735M1083,559
SENHSENSEONICS HOLDINGS INC0.64%$36,80381727U10512,280
UPSUNITED PARCEL SERVICE-CL B0.64%$36,729911312106175
NVAXNOVAVAX INC0.62%$35,198670002401182
WBWEIBO ADR REPRESENTING CORP CLASS0.62%$35,430948596101626
ZYME USZYMEWORKS INC COMMON STOCK0.61%$34,99298985W1021,046
VVISA INC-CLASS A SHARES0.60%$34,28492826C839137
IMAB USI-MAB IMAB0.56%$31,84444975P103506
APPNAppian Corp.0.52%$29,47903782L101236
EXPREXPRESS INC0.50%$28,68730219E1035,342
SNOWSNOWFLAKE CLASS A0.49%$27,681833445109103
PYPLPAYPAL HOLDINGS INC0.49%$28,22670450Y10392
CRWDCrowdstrike Holdings Inc. Class A0.49%$28,07122788C105106
EXPEEXPEDIA GROUP INC0.48%$27,49630212P303169
KDPKEURIG DR PEPPER INC0.48%$27,25449271V100756
MELIMERCADOLIBRE INC0.47%$26,95758733R10217
MCOMoodys Corporation0.47%$26,96561536910571
SPCEVIRGIN GALACTIC HOLDINGS INC SHS C0.44%$25,17092766K106822
PINSPINTEREST INC- CLASS A0.42%$23,86572352L106312
AMDADVANCED MICRO DEVICES INC0.34%$19,374007903107211
LCID USLUCID GROUP INC0.33%$18,942549498103706
DKNGDRAFTKINGS INC CLASS A0.32%$18,40826142R104374
XUnited States Steel Corp0.32%$18,257912909108756
AALAMERICAN AIRLINES GROUP INC0.32%$18,21602376R102825
HZNPHorizon Therapeutics Plc0.32%$18,133182
EBAYEBAY INC0.32%$18,095278642103247
INTUINTUIT INC0.32%$17,99746120210334
BSXBOSTON SCIENTIFIC CORP0.31%$17,412101137107396
AXPAMERICAN EXPRESS CO0.31%$17,434025816109101
PAGSPAGSEGURO DIGITAL LTD0.31%$17,444310
APOAPOLLO GLOBAL MANAGEMENT INC CLASS0.31%$17,44303768E105294
EWEDWARDS LIFESCIENCES CORP0.31%$17,53128176E108161
NKENIKE INC -CL B0.31%$17,665654106103107
ARESARES MANAGEMENT CORP CLASS A0.31%$17,61603990B101263
JBLJABIL CIRCUIT INC0.31%$17,643466313103307
CBRECBRE GROUP INC - A0.31%$17,75112504L109199
GMEGameStop Corp.0.31%$17,84236467W10997
ADIANALOG DEVICES INC0.31%$17,537032654105107
RKT USROCKET COS INC CLASS A COMMON STOCK USD.000010.30%$17,24177311W101992
TWTRADEWEB MARKETS INC-CLAS0.30%$17,218892672106197
TIGR USUP FINTECH HOLDING LTD TIGR0.30%$17,28091531W1061,036
OPRXOptimizeRx Corp.0.30%$17,33968401U204325
CRMSALESFORCE.COM INC0.30%$17,33279466L30270
SPTSprout Social Inc. Class A0.30%$17,28785209W109188
DKSDICKS SPORTING GOODS INC0.30%$17,370253393102167
SNDLSUNDIAL GROWERS INC0.29%$16,67786730L10920,393
STNESTONECO LTD A COMMON STOCK USD.0000793650.29%$16,714294
TRIPTRIPADVISOR INC0.21%$12,252896945201317
FTCHFARFETCH LTD0.20%$11,57830744W107241
UBERUBER TECHNOLOGIES INC0.20%$11,32890353T100242
AZOAUTOZONE INC0.14%$8,1110533321025
ROKUROKU INC COMMON STOCK USD.00010.13%$7,67277543R10216
TTDTRADE DESK INC/THE -CLASS A0.13%$7,49388339J10592
ABBVABBVIE INC0.12%$6,83200287Y10958
HDHOME DEPOT INC0.12%$6,62443707610220
INVHINVITATION HOMES INC REIT USD.010.12%$6,76246187W107168
BMYBRISTOL-MYERS SQUIBB CO0.12%$6,769110122108100
COSTCOSTCO WHOLESALE CORP0.12%$6,77222160K10516
MDTMEDTRONIC PLC0.12%$6,788G5960L10353
GILDGILEAD SCIENCES INC0.12%$6,80637555810399
DDOMINION RESOURCES INC/VA0.12%$6,83325746U10991
PPLPPL CORP0.12%$6,83769351T106241
KOCOCA-COLA CO/THE0.12%$6,847191216100120
OREALTY INCOME CORP0.12%$6,85475610910497
PFEPFIZER INC0.12%$6,857717081103164
MMM3M CO0.12%$6,85788579Y10134
ENPHENPHASE ENERGY INC0.12%$6,89129355A10739
TEAMATLASSIAN CORP PLC-CLASS A0.12%$6,95626
ETSYETSY INC0.12%$7,00629786A10634
WMTWAL-MART STORES INC0.12%$6,84693114210348
NIONIO INC ADR ADR USD.000250.11%$6,51962914V106151
DDD3D Systems Corporation0.11%$6,23088554D205251
MRNAMODERNA INC0.08%$4,36660770K10713
TWLOTWILIO INC - A0.08%$4,38190138F10211
DOCUDocuSign Inc.0.08%$4,58725616310615
DASHDOORDASH INC CLASS A0.08%$4,60225809K10525
GBTCGRAYSCALE BITCOIN TRUST BTC GRAYSCALE BITCOIN TRUST BTC0.07%$4,224389637109125
BITWBITWISE 10 CRYPTO INDEX F0.07%$3,97309174910186
ZOMZomedica Corp.0.06%$3,31398980M1095,431
WOOFPetco Health & Wellness Co. Inc.0.06%$3,41271601V105163
WYNNWYNN RESORTS LTD0.06%$3,44398313410733
NEMNEWMONT GOLDCORP CORPORATION COM0.06%$3,44265163910657
LUVSOUTHWEST AIRLINES CO0.06%$3,46984474110867
HPQHP INC0.06%$3,44640434L105121
DOWDOW INC0.06%$3,53526055710357
FCXFREEPORT-MCMORAN INC0.06%$3,55535671D85797
UALUNITED AIRLINES HOLDINGS INC0.06%$3,56191004710972
NCLHNORWEGIAN CRUISE LINE HOLDIN0.06%$3,565G66721104137
CCLCARNIVAL CORP0.06%$3,590143658300155
PENNPenn National Gaming Inc0.06%$3,50170756910948
TWTRTWITTER INC0.03%$1,92390184L10228
WDAYWORKDAY INC-CLASS A0.00%$098138H1010
RHRH0.00%$074967X1030
RCLROYAL CARIBBEAN CRUISES LTD0.00%$0V7780T1030
OSISOSI SYSTEMS INC0.00%$06710441050
OLEDUniversal Display Corp.0.00%$091347P1050
NOWSERVICENOW INC0.00%$081762P1020
MRVL.UWMARVELL TECHNOLOGY GROUP LTD MRVL0.00%$05738741040
MAMASTERCARD INC - A0.00%$057636Q1040
GMGENERAL MOTORS CO0.00%$037045V1000
GPSGAP INC/THE0.00%$03647601080
DISCADISCOVERY COMMUNICATIONS-A0.00%$025470F1040
DECKDECKERS OUTDOOR CORP0.00%$02435371070
BGCPBGC PARTNERS INC-CL A0.00%$005541T1010
AVGOBroadcom Inc.0.00%$011135F1010
AMATAPPLIED MATERIALS INC0.00%$00382221050
KEYSKEYSIGHT TEC0.00%$049338L1030
WIXWIX.COM LTD0.00%$0M980681050

Performance

As of: 06/30/20211 month3 months6 months1 yearYTDSince Inception
NAV3.61%XX.XXXX.XXXX.XXXX.XX5.92%
Market Price3.36%XX.XXXX.XXXX.XXXX.XX5.92%

Performance Disclosure

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained above.

Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.

Market performance is the price at which shares in the ETF can be brought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.

As of: 06/30/20211 month3 months6 months1 yearYTDSince Inception
NAV3.63%XX.XXXX.XXXX.XXXX.XX5.92%
Market Price3.36%XX.XXXX.XXXX.XXXX.XX5.92%

Performance Disclosure

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained above.

Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.

Market performance is the price at which shares in the ETF can be brought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.

Premium/Discount

As of: 07/26/2021
Premium/DiscountPremium (# of Days - Quarter)Discount (# of Days - Quarter)Premium/Discount (# of Days - Quarter)Premium/Discount (# of Days - YTD)Number of Days at 2%
-0.07%981743None (0 days in the last year)

Frequency Distribution of Premiums and Discounts

(April 1, 2021 through June 30, 2021)*



Fund Total # of Days Fund Closed at Premium for the Quarter Total # of Days Fund Closed at Discount for the Quarter Total # of Days Fund Closed at Premium / Discount for the Quarter
The Fear of Missing Out ETF (FOMO) 23 3 26

*Fund Inception Date: 05/25/2021

Frequency Distribution of Premiums and Discounts

(January 1, 2021 through June 30, 2021)*



Fund Total # of Days Fund Closed at Premium for the Year Total # of Days Fund Closed at Discount for the Year Total # of Days Fund Closed at Premium / Discount for the Year
The Fear of Missing Out ETF (FOMO) 23 3 26

*Fund Inception Date: 05/25/2021

Supplemental Discussion

The Advisor will provide a discussion in the event the ETF’s premium or discount has been greater than 2% for seven consecutive trading days.

Disclosures

Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information are contained in the prospectus. Please read the prospectus carefully before investing.

The principal risks of investing in FOMO include: 

Authorized Participant Risk: Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund. 

ETF Risk: ETFs are subject to investment advisory fees and other expenses, which will be indirectly paid by the Fund. As a result, your cost of investing in the Fund will be higher than the cost of investing directly in ETFs and may be higher than other mutual funds that invest directly in securities. ETF shares may trade at a discount to or a premium above net asset value if there is a limited market in such shares. ETFs are also subject to brokerage and other trading costs, which could result in greater expenses to the Fund. Index-tracking ETFs in which the Fund invests will not be able to replicate exactly the performance of the indices they track because the total return generated by the securities will be reduced by transaction costs incurred in adjusting the actual balance of the securities or index. Each ETF is subject to specific risks, depending on its investments. 

ETN Risk: ETNs are unsecured contractual obligations issue by a bank or broker-dealer. Accordingly, ETNs are subject to the risk that the issuer bank or broker dealer will not fulfill its obligations, potentially resulting in losses to the Fund.

Fixed Income Risk: When the Fund invests in fixed income securities, the value of your investment in the Fund will fluctuate with changes in interest rates. Other risk factors include credit risk (the debtor may default) and prepayment risk (the debtor may pay its obligation early, reducing the amount of interest payments). These risks could affect the value of a particular investment, possibly causing the Fund’s share price and total return to be reduced and fluctuate more than other types of investments. 

High Yield Risk: Lower-quality bonds, known as “high yield” or “junk” bonds, present greater risk than bonds of higher quality, including an increased risk of default. 

Large Capitalization Risk Stock Risk: Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. 

Management Risk: The ability of the Fund to meet its investment objective is directly related to the Adviser’s investment model. 

Market and Geopolitical Risk: The increasing interconnectivity between global economies and financial markets increases the likelihood that events or conditions in one region or financial market may adversely impact issuers in a different country, region or financial market. 

Portfolio Turnover Risk: A higher portfolio turnover will result in higher transactional and brokerage costs. 

Short Selling Risk: If a security sold short or other instrument increases in price, the Fund may have to cover its short position at a higher price than the short sale price, resulting in a loss. 

Small and Medium Capitalization Stock Risk: The earnings and prospects of small and medium sized companies are more volatile than larger companies and may experience higher failure rates than larger companies.