Corbett Road Tactical Opportunity ETF

OPPX is a US Equities ETF. The Fund is an actively-managed exchange-traded fund ( ETF ) that, under normal market conditions, seeks to achieve its investment objective by investing in equity securities of companies listed on a U.S. securities exchange, including common stocks and American Depositary Receipts ( ADRs ). In order to determine the Fund s allocation between (i) equity securities and (ii) cash, cash equivalents, and fixed income ETFs, the Sub-Adviser employs its proprietary MACROCASTTMscoring system. On a periodic basis (at least monthly), the Sub-Adviser analyzes data across six broad categories of market indicators Valuation, Inflation, Technical Analysis, Aggregate Economy, Liquidity, and Sentiment (VITALS) to quantify the current level of risk in overall market conditions into a composite, MACROCASTTM score. Based on the resulting score and its indications for future equity returns, the Sub-Adviser allocates the Fund s assets to (i) U.S.-listed equity securities, (ii) cash, cash equivalents, and fixed income ETFs, or (iii) a combination of both. If the MACROCASTTM score is positive, the Fund will be fully allocated to US listed equity securities. If the MACROCASTTM score is negative, the Fund will reduce its exposure to US equity listed securities and increase its allocation to cash, cash equivalents, and fixed income ETFs. The Fund s strategy may involve frequent buying and selling of securities, which may lead to relatively high portfolio turnover.

Yes, OPPX is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, OPPX is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on OPPX is 0.0052%. This is the percent change in the value of OPPX over the most recent 1-month period. The 3-month return on OPPX is -0.0082%. This is the percent change in the value of OPPX over the most recent 3-month period.

The standard deviation of OPPX for the past year is 0.1152%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to OPPX include PKW, VIXY, and XYLD.

ETFs correlated to OPPX include LGRO, FLQL, and JQUA.

ETFs that are inversely correlated to OPPX include SPDN, SH, and SDS.