- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Nov 3, 2025
- Business
- Tidal Trust III - NovaTide Flexible Allocation ETF (NMBL) is an actively managed exchange-traded fund that seeks capital appreciation through dynamic, unconstrained allocations across multiple asset classes and global markets, including equities, fixed income, commodities, and alternative investments in both developed and emerging markets. The fund invests primarily in other ETFs and securities such as PGIM Short Duration Multi-Sector Bond ETF (PSDM), ALPS Smith Core Plus Bond ETF (SMTH), Distillate Small/Mid Cash Flow ETF (DSMC), DoubleLine Commercial Real Estate ETF (DCRE), VanEck Gold Miners ETF (GDX), iShares Bitcoin Trust ETF (IBIT), iShares MSCI Brazil ETF (EWZ), and Sprott Uranium Miners ETF (URNM), among others, to provide diversified exposure, operational simplicity, portfolio agility, and tax efficiency. Launched on October 30, 2025, and listed on NYSE Arca with CUSIP 45259A779, the ETF is managed by Tidal Investments LLC and co-managed under the Tidal Financial Group platform, which oversees over 350 ETFs with more than $50 billion in assets; it features a management fee of 0.59%, acquired fund fees and expenses of 1.40%, and total annual operating expenses of 1.99%. Headquartered through Tidal Financial Group in locations including New York, Chicago, Milwaukee, West Palm Beach, and Detroit, the fund targets financial advisors and investors seeking streamlined portfolio diversification without the burden of managing niche exposures individually. As a recently launched product under Tidal Trust III, a registered management investment company, NMBL represents Tidal Financial Group's ongoing expansion into innovative ETF solutions, with no reported acquisitions, partnerships, funding rounds, or major strategic shifts in its brief operational history to date.