SMI 3Fourteen Full-Cycle Trend ETF
FCTE
NASDAQ Global Market- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Jul 2, 2024
- Website
- 3fourteensmi.com
- Similar Companies
- Business
- SMI 3Fourteen Full-Cycle Trend ETF (FCTE) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing in a concentrated portfolio of approximately 20 large-cap U.S. stocks selected from the S&P 500 Index constituents. The fund employs a proprietary Full-Cycle Trend (FCT) strategy, which first applies a quality screen to identify high-quality stocks and then ranks them using trend and momentum factors, including long-, intermediate-, and short-term signals, with monthly rebalancing that typically results in high turnover of 4-6 holdings; this approach aims to outperform the S&P 500 across complete market cycles while leveraging the tax-efficient structure of ETFs to minimize capital gains distributions. Holdings are equally weighted and focus on sectors such as technology, financials, and consumer discretionary, with recent top positions including F5 Inc. (FFIV), Cadence Design Systems Inc. (CDNS), Lam Research Corp. (LRCX), and Mastercard Inc. (MA). FCTE was launched on July 2, 2024, and is issued through ETF Opportunities Trust by 3Fourteen & SMI Advisory Services LLC, a joint venture combining 3Fourteen Research's quantitative strategies with SMI Advisory Services' fund management expertise tied to the Sound Mind Investing newsletter founded in 1990. The adviser, based at 4400 Ray Boll Blvd., Columbus, Indiana 47203, manages approximately $160-288 million in assets under management for FCTE as of late 2025, with a net expense ratio of 0.85%; portfolio managers include Warren Pies, Mark Biller, Eric Collier, Anthony Ayers, and Fernando Vidal. The fund operates primarily in the U.S. large-cap equity segment, targeting growth-oriented investors seeking dynamic, rules-based exposure to quality and trending stocks. In recent developments, FCTE has grown its assets amid market interest, with institutional investors such as Flow Traders U.S. LLC acquiring a new position of 24,212 shares valued at approximately $644,000 in Q2 2025 and Ancora Advisors LLC increasing its stake by 333% to 13,000 shares in Q1 2025. The joint venture between SMI Advisory Services and 3Fourteen Research expanded its ETF lineup on February 26, 2025, with the launch of the complementary SMI 3Fourteen Real Asset Allocation ETF (RAA), which actively allocates across stocks, bonds, and alternatives using similar proprietary strategies. These initiatives reflect ongoing strategic enhancements in product offerings and portfolio diversification within the actively managed ETF space.