Pinnacle Focused Opportunities ETF
FCUS
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Pinnacle Focused Opportunities ETF (FCUS) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in a focused portfolio of U.S. equity securities selected from the largest 1,000 U.S.-listed stocks, with market capitalizations ranging from approximately $4.5 billion to $3.5 trillion; it employs proprietary models to select the top 30 stocks based on equally weighted factors of momentum, relative strength over 200 days, and earnings revisions, allocating 4.25% to each of the top 10, 3.25% to the next 10, and 2.5% to the final 10; during periods of market strength indicated by dual positive market risk algorithms, it maintains full equity exposure, while mitigating risk in stressed conditions by shifting 25% or 50% to U.S. Treasury securities including T-Bills and notes, cash, cash equivalents, or bond index ETFs tracking short-term Treasury bills or intermediate-term Treasury notes. The fund excludes certain securities such as limited partnerships, closed-end funds, business development companies, SPACs, royalty trusts, REITs with unrelated business taxable income, warrants, rights, depositary receipts, preferred stocks, and companies lacking sufficient free-float or minimum closing prices. Launched on December 29, 2022, FCUS trades on NYSE Arca, with Tidal Investments LLC serving as investment adviser and Pinnacle Family Advisors, LLC as sub-adviser; portfolio managers include Paul Carroll, Michael Venuto, and Charles A. Ragauss; the fund is part of Tidal Trust II and is distributed by Foreside Fund Services, LLC, with total annual operating expenses of 0.79% and a high portfolio turnover rate of 493% in the most recent fiscal year. The ETF targets institutional and retail investors seeking dynamic U.S. large- and mid-cap equity exposure with tactical risk management, operating exclusively in U.S. markets through direct equity holdings and fixed-income defensives. Top holdings as of recent data include Astera Labs Inc., Advanced Micro Devices Inc., Amphenol Corp., AppLovin Corp., AST SpaceMobile Inc., AeroVironment Inc., Bloom Energy Corp., Ciena Corp., Credo Technology Group Holding Ltd., and HF Sinclair Corp., alongside names like Robinhood Markets Inc., Insmed Inc., and SoFi Technologies Inc., reflecting a non-diversified, concentrated strategy across technology, industrials, healthcare, and energy sectors. In recent developments, the fund updated its prospectus as of March 29, 2025, incorporating performance data through December 31, 2024 showing a 1-year return of 30.80% (before taxes) and since-inception cumulative return of 25.98%, outperforming the prior S&P 500 benchmark in some periods before shifting to the Russell 1000 Total Return Index for better alignment; it became available for trading on December 30, 2022, shortly after inception, and has maintained assets under management around $45-46 million with a dividend yield exceeding 9% in recent quotes. No major acquisitions, funding rounds, or strategic alliances involving Pinnacle ETFs or its sub-adviser were identified in the last 1-2 years, with ongoing portfolio reconstitution occurring monthly or intra-month based on proprietary signals.