FCTE Performance — SMI 3Fourteen Full-Cycle Trend ETF
Data updated: 2026-08-25
FCTE returned +17.11% year to date and +9.91% over one year to Jun 2026. Over one year the fund trailed its US Large Blend category average: $100 grew to $110, against $118 for the category. Volatility over the past 12 months was 19.19% a year. In the 12 months to Jun 2026 the fund lost a net $194.6M, and assets reached $244.27M.
FCTE Growth of $100
What $100 invested in SMI 3Fourteen Full-Cycle Trend ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | FCTE | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $110 | $118 |
| Since data start (Jul 2024 – Jun 2026) | $110 | $132 |
FCTE Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +17.11% |
| 1 year | +9.91% |
| 3 years (annualised) | +4.99% |
FCTE Annual Returns
Calendar-year total returns of SMI 3Fourteen Full-Cycle Trend ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +17.11% |
| 2025 | −3.76% |
| 2024 (Jul–Dec) | −2.19% |
FCTE Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.9% | +0.9% | −8.3% | +9.9% | −0.8% | +8.6% | — | — | — | — | — | — |
| 2025 | +4.2% | −2.0% | −5.1% | +0.8% | +4.1% | +0.9% | −2.5% | +0.9% | +1.7% | −7.0% | +1.0% | −0.1% |
| 2024 | — | — | — | — | — | — | 0.0% | +1.6% | +2.3% | −4.6% | +3.0% | −4.3% |
FCTE Risk
Risk measures from monthly returns over Jul 2025 – Jun 2026.
- 1-year volatility (annualised): 19.19%
- Best month: +9.91% (Apr 2026)
- Worst month: −8.26% (Mar 2026)
FCTE Fund Flows
Monthly money in and out of SMI 3Fourteen Full-Cycle Trend ETF, from SEC Form N-PORT.
- 12-month net flow: −$194.6M
- 12-month gross sales (incl. reinvestments): $370.2M
- Sales ÷ redemptions: 0.66×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $0 | $2.1M | −$2.1M |
| May 2026 | $0 | $1.9M | −$1.9M |
| Apr 2026 | $0 | $2.6M | −$2.6M |
| Mar 2026 | $1.0M | $0 | $1.0M |
| Feb 2026 | $3.8M | $45.2M | −$41.4M |
| Jan 2026 | $47.2M | $3.6M | $43.6M |
| Dec 2025 | $0 | $13.9M | −$13.9M |
| Nov 2025 | $18.2M | $39.3M | −$21.1M |
| Oct 2025 | $35.1M | $81.3M | −$46.1M |
| Sep 2025 | $90.3M | $170.9M | −$80.6M |
| Aug 2025 | $47.5M | $182.6M | −$135.1M |
| Jul 2025 | $127.0M | $21.4M | $105.6M |
FCTE Assets Under Management
Net assets of SMI 3Fourteen Full-Cycle Trend ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $244.27M |
| 2026-03-31 | $212.18M |
| 2025-12-31 | $212.78M |
| 2025-09-30 | $312.61M |
| 2025-06-30 | $425.55M |
| 2025-03-31 | $409.71M |
| 2024-12-31 | $446.42M |
| 2024-09-30 | $455.27M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.