STF Tactical Growth ETF
TUG
NASDAQ Global Market- -
USD
- -
- -
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
FRC
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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
- 54 Thompson Street New York NY United States of America 10012
- IPO Date
- May 20, 2022
- CIK
- 0001683471
- Website
- stfm.com
- Similar Companies
- Business
- STF Tactical Growth ETF (TUG) is an actively managed exchange-traded fund that seeks long-term capital growth by dynamically allocating assets between U.S. equity securities or ETFs replicating the Nasdaq-100 Index, long-duration U.S. Treasury securities or related ETFs, and short-term U.S. Treasury bills, money market funds, or cash equivalents; the fund employs a proprietary tactical unconstrained growth model (TUG Model) that analyzes market price action, volatility, and correlations across equities, fixed income, and commodities to adjust allocations proactively. STF Tactical Growth ETF trades on the Nasdaq Stock Market under the ticker TUG, with an expense ratio of 0.65%, net assets of approximately $204 million as of late 2025, and top holdings including NVIDIA Corporation, Microsoft Corporation, Apple Inc., Amazon.com Inc., and Broadcom Inc. The fund targets investors seeking growth through tactical asset allocation in developed North American markets, with significant exposure to manufacturing, information technology, and retail trade sectors. Launched on May 19, 2022, by STF Management LP (STFM), based in Frisco, Texas, the fund is part of Listed Funds Trust and features portfolio managers Jonathan Molchan and Thomas Campbell. In March 2025, Hennessy Advisors Inc. (Nasdaq: HNNA), headquartered in Novato, California, signed a definitive agreement to acquire the assets of STF Tactical Growth ETF and its sister fund STF Tactical Growth & Income ETF (TUGN), with combined assets of about $220 million at announcement; upon expected closure in Q3 2025 subject to shareholder approval, the funds will reorganize as series of Hennessy Funds Trust, with Molchan joining Hennessy's team and Hennessy becoming the investment adviser. This strategic acquisition marks Hennessy's expansion into tactical growth ETFs and represents a major operational shift for TUG, including potential rebranding to Hennessy Tactical Growth ETF.