EquityCompass Tactical Risk Manager ETF

C000176588 Fund Overview

EquityCompass Tactical Risk Manager ETF is a US ETF managed by First Trust Exchange-Traded Fund VIII, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: First Trust Exchange-Traded Fund VIII
• Category: Money Market
• Assets under management: $12.28M
• 1-year return: 41.5%
• SEC CIK: 0001667919
• SEC series ID: S000056062
• Share class ID: C000176588

C000176588 Investment Objective and Strategy

EquityCompass Tactical Risk Manager ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by First Trust Exchange-Traded Fund VIII.

Investment objective

"The EquityCompass Tactical Risk Manager ETF (the "" Fund "") seeks to provide long term capital appreciation with capital preservation as a secondary objective."

Principal investment strategy

"Under normal market conditions, the Fund seeks to achieve its investment objectives by investing in equity securities of companies domiciled in the U.S. or listed on a U.S. exchange. During periods when the U.S. equity market is determined to be unfavorable by the Fund's sub-advisor, Choice Financial Partners, Inc. d/b/a EquityCompass Strategies (the ""Sub-Advisor"" ), the Fund may invest all or a portion of its assets in cash, cash equivalents and short-term fixed income exchange-traded funds ( ""ETFs"" ). During such periods, the Fund may also invest a significant portion of its assets in securities designed to provide short exposure to broad U.S. market indexes. The Fund's strategy seeks to provide exposure to U.S.-listed equity securities and to avoid large, prolonged market losses and reduce volatility.

The equity securities held by the Fund are generally stocks in the S&P 100 Index and certain smaller capitalized stocks diversified across major economic sectors, typically within the S&P 500 Index. The portfolio of equity securities and allocation decisions are determined by analyzing technical and fundamental market indicators to determine the current overall favorability of the market. When these indicators determine that the market is entering an unfavorable period, the Fund may invest all or a portion of its assets in cash, cash equivalents, money market funds and/or short-term fixed income ETFs, or the Fund may invest all or a portion of its assets in a single short-term fixed income ETF, the First Trust Enhanced Short Maturity ETF (FTSM). During an unfavorable market period, the Fund may also invest in inverse ETFs which seek to provide investment results that match a negative return of the performance of an underlying index like the S&P 500 Index.

Certain of the ETFs in which the Fund invests may be advised by First Trust Advisors L.P., the Fund's investment advisor. FTSM FTSM's investment objective is to seek current income, consistent with preservation of capital and daily liquidity. Under normal market conditions, FTSM intends to achieve its investment objective by investing at least 80% of its net assets in a portfolio of U.S. dollar-denominated fixed- and variable-rate instruments (collectively, ""Fixed Income Securities"" ) issued by U.S. and non-U.S. public and private sector entities. Fixed Income Securities will include the following types of fixed- and variable-rate debt securities: corporate and government bonds and notes; agency securities; instruments of non-U.S. issuers in developed markets; privately issued securities; asset-backed securities; mortgage-related securities; municipal bonds; and money market securities.

Under normal market conditions, FTSM's average duration is expected to be below one year and the average maturity of FTSM's portfolio is expected to be below three years. FTSM may invest in asset-backed securities, including mortgage-related securities. Asset-backed securities are fixed income securities that are backed by a pool of assets, usually loans such as installment sale contracts or credit card receivables. Mortgage-related securities are asset-backed securities based on a particular type of asset, a mortgage. There are a wide variety of mortgage-related securities involving commercial or residential, fixed rate or adjustable rate mortgages and mortgages issued by banks or government agencies. FTSM intends to limit its investments in asset-backed securities and non-agency mortgage-related securities (in the aggregate) to 20% of its net assets.

FTSM may also invest up to 20% of its net assets in floating rate loans. Additional information regarding FTSM, including its prospectus and most recent annual report, is available without charge by visiting www.ftportfolios.com/Retail/Etf/EtfFundNews.aspx?Ticker=FTSM. The equity securities in which the Fund invests may be of any market capitalization. The Fund is classified as ""non-diversified"" under the Investment Company Act of 1940, as amended (the ""1940 Act"" )."

C000176588 Performance

Total returns for C000176588 (as of 2026-10-01), from SEC filings.

C000176588 Risk Information

Risk metrics for C000176588, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 16.9%

C000176588 Costs and Fees

C000176588 costs about $67 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.67%
• Gross expense ratio: 0.67%
• Portfolio turnover: 74%
• Brokerage commissions: 3.08 bps of average net assets (SEC N-CEN)

C000176588 Cashflows

Over the 12 months to 2021-08, EquityCompass Tactical Risk Manager ETF had net inflows of $4.81M, from monthly SEC N-PORT filings.

C000176588 Debt Constituents

No individual debt constituents are reported in EquityCompass Tactical Risk Manager ETF's latest SEC N-PORT filing.

C000176588 Prospectus and SEC Filings

Official EquityCompass Tactical Risk Manager ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2020-01-06
• Prospectus (485BPOS) — filed 2019-01-07
• Prospectus supplement (497) — filed 2021-01-04
• Portfolio holdings (N-PORT) — filed 2021-10-25
• Portfolio holdings (N-PORT) — filed 2021-07-27
• Portfolio holdings (N-PORT) — filed 2021-04-23
• Annual census (N-CEN) — filed 2021-11-12
• Annual census (N-CEN) — filed 2020-11-16

Related Funds

Other Money Market funds tracked on ABC INVEST:

• Emerald Growth Fund (HSPCX)
• Barings Active Short Duration Bond Fund (BXDIX)
• IVA Worldwide Fund (IVWAX)
• Stadion Tactical Growth Fund (ETFDX)
• BBH Partner Fund - Select Short Term Assets (BBSTX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.