FCF US Quality ETF

TTAC is a US Equities ETF. The Fund seeks to generate long-term returns in excess of the total return of the Russell 3000 Index (the Index ), with less volatility than the Index. The Russell 3000 Index measures the performance of the 3,000 largest publicly traded U.S. companies, based on market capitalization. The Fund is an actively managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by primarily investing in the broad U.S. equity market, as represented by the Index. The Fund seeks to achieve this goal by investing in stocks with liquidity and fundamental characteristics that are historically associated with superior long-term performance. Based on extensive historical research, TrimTabs Asset Management, LLC (the Adviser ) designed the following quantitative stock selection rules to make allocation decisions and to protect against dramatic over- or under-weighting of individual securities in the Fund s portfolio. The Index measures the performance of approximately 98% of the total market capitalization of the publicly traded U.S. equity market. The top decile of stocks ranked represent the companies in the Index with (1) the largest reduction in shares outstanding, (2) the strongest growth in free cash flow, and (3) the largest decrease in leverage, respectively. The Adviser uses an algorithm to combine the three rankings into a single ranking for each stock ranked ( combined ranking ). The algorithm places a higher weight on the float shrink ranking, followed by the free cash flow ranking, followed by the leverage ranking. Under normal circumstances the Fund invests in 80 to 120 stocks from the top decile of stocks with the highest combined ranking, although the Adviser retains discretion to adjust allocations.

Yes, TTAC 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, TTAC 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 TTAC is 0%. This is the percent change in the value of TTAC over the most recent 1-month period. The 3-month return on TTAC is 0.0146%. This is the percent change in the value of TTAC over the most recent 3-month period.

The standard deviation of TTAC for the past year is 0.1646%. 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 TTAC include PKW, VIXY, and XYLD.

ETFs correlated to TTAC include GSLC, JQUA, and LRGF.

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