ZHOG F/m Opportunistic Income ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
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F/m Opportunistic Income ETF (ZHOG) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2023-09-05
- Has Options
- No
- Expense ratio
- 0.43% prospectus, filed Jan 5, 2026
- Assets
- $46M SEC filing, May 31, 2026
- Trailing yield
- 3.87% paid monthly
- Average daily volume
- $115K 30 sessions
- Holdings
- 64 top 10 are 37.6%
- Listed
- Sep 5, 2023 Nasdaq
- Last fee change
- +3 bp filed Dec 30, 2025
Moves with. US large-cap stocks (16% of its variance, beta 0.06); Long Treasuries (11% of its variance, beta 0.05); US dollar (4% of its variance, beta -0.05); Emerging markets over US (4% of its variance, beta 0.01). These factors explain 37% of its daily moves over the last year.
Stated objective. The investment objective of the F/m Opportunistic Income ETF (the Fund) is to provide investors with attractive income opportunities by identifying undervalued and opportunistic sectors and securities in the U.S. fixed income markets, while typically limiting duration and averaging an investment-grade credit quality. (from the fund's prospectus)
All 64 holdingsFlow historyOverlap toolAll Multisector Bond ETFs
- May 2026
- +$517K latest reported month
- Latest 3 months
- −$511K −1.1% of assets
- Latest 12 months
- +$7.3M +15.9% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | +$517K |
| Apr 2026 | −$4K |
| Mar 2026 | −$1.0M |
| Feb 2026 | −$1.0M |
| Jan 2026 | −$2.1M |
| Dec 2025 | +$11M |
| Nov 2025 | +$519K |
| Oct 2025 | +$1.0M |
| Sep 2025 | −$521K |
| Aug 2025 | −$1.6M |
| Jul 2025 | $0 |
| Jun 2025 | +$3K |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 33 months ago
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| BINCiShares Flexible Income Active ETF | — | 0.40% | $16.5B | −4.9% | compare |
| PYLDPIMCO Multi Sector Bond Active ETF | — | 0.64% | $16.4B | −5.3% | compare |
| JPIEJPMorgan Income ETF | — | 0.39% | $11.2B | −3.2% | compare |
| BONDPIMCO Active Bond Exchange-Traded Fund | — | 0.54% | $8.6B | −6.8% | compare |
| CGCPCapital Group Core Plus Income ETF | — | 0.34% | $8.5B | −6.8% | compare |
The largest other funds in the Multisector Bond category.
| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Exit | UFIVF/m US Treasury 5 Year Note ET | 5.69% | — | — |
| New position | RBILF/m Ultrashort Treasury Inflat | — | 0.48% | — |
| Exit | UTREF/m US Treasury 3 Year Note ET | 0.35% | — | — |
1 new, 2 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 26.5%. Full holdings and history
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-28 | 2026-09-29 | $0.1989 | CD |
| 2026-08-27 | 2026-08-28 | $0.2640 | CD |
| 2026-07-28 | 2026-07-29 | $0.2669 | CD |
| 2026-06-29 | 2026-06-30 | $0.1801 | CD |
| 2026-05-28 | 2026-05-29 | $0.2014 | CD |
| 2026-04-28 | 2026-04-29 | $0.2032 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| ZTOP | F/M High Yield 100 ETF | 10.03% | Equity (common) | US |
| ZTRE | F/m 3-Year Investment Grade Co | 8.23% | Equity (common) | US |
| — | Mount Vernon Liquid Assets Portfolio, LLC | 3.19% | Short-term investment | US |
| — | US TREASURY N/B | 3.07% | Debt | US |
| — | US TREASURY N/B | 2.61% | Debt | US |
| — | US TREASURY N/B | 2.48% | Debt | US |
| — | ANTARES HOLDINGS | 2.30% | Debt | US |
| — | DC Commercial Mortgage Trust | 2.29% | Mortgage-backed | US |
| — | Provident Funding Mortgage Tru | 2.24% | Mortgage-backed | US |
| — | Government National Mortgage A | 2.20% | Mortgage-backed | US |
| — | MTN Commercial Mortgage Trust | 2.17% | Mortgage-backed | US |
| — | Government National Mortgage A | 2.14% | Mortgage-backed | US |
| — | Fannie Mae | 2.09% | Mortgage-backed | US |
| — | Chase Mortgage Finance Corpora | 2.00% | Mortgage-backed | US |
| — | ARES CAPITAL CORP | 1.92% | Debt | US |
| — | Fannie Mae | 1.84% | Mortgage-backed | US |
| — | GXO LOGISTICS INC | 1.81% | Debt | US |
| — | ATHENE HOLDING LTD | 1.71% | Debt | US |
| — | US TREASURY N/B | 1.68% | Debt | US |
| — | WAMU Mortgage Pass-Through Cer | 1.65% | Mortgage-backed | US |
| — | CVS PASS-THROUGH TRUST | 1.65% | Debt | US |
| — | Government National Mortgage A | 1.64% | Mortgage-backed | US |
| — | NORTHWEST TX INDEP SCH DIST | 1.62% | Debt | US |
| — | JP Morgan Mortgage Trust | 1.62% | Mortgage-backed | US |
| — | PHILLIPS 66 PARTNERS LP | 1.59% | Debt | US |
| — | Provident Funding Mortgage Tru | 1.59% | Mortgage-backed | US |
| — | PRINCETON TX INDEP SCH DIST | 1.54% | Debt | US |
| — | Flagship Credit Auto Trust | 1.51% | Other | US |
| — | COTY/HFC PRESTIGE/INT US | 1.47% | Debt | US |
| — | JP Morgan Mortgage Trust | 1.47% | Mortgage-backed | US |
| — | SEMPRA | 1.44% | Debt | US |
| — | FORD MOTOR COMPANY | 1.44% | Debt | US |
| — | BANK OF NY MELLON CORP | 1.44% | Equity (preferred) | US |
| — | KYNDRYL HOLDINGS INC | 1.41% | Debt | US |
| — | TRANSCANADA TRUST | 1.39% | Debt | CA |
| — | Sequoia Mortgage Trust | 1.31% | Mortgage-backed | US |
| — | Jack in the Box Funding, LLC | 1.23% | Other | US |
| — | Chase Mortgage Finance Corpora | 1.20% | Mortgage-backed | US |
| — | Fannie Mae | 1.11% | Mortgage-backed | US |
| — | QTS ISSUER ABS I LLC | 1.09% | Other | US |
| — | Woodward Capital Management | 1.06% | Mortgage-backed | US |
| — | Extended Stay America Trust | 1.05% | Mortgage-backed | US |
| — | BX Trust | 1.05% | Mortgage-backed | US |
| — | BX Trust | 1.05% | Mortgage-backed | US |
| — | DB Master Finance LLC | 1.03% | Other | US |
| — | SBA TOWER TRUST | 1.00% | Debt | US |
| — | RD MICHIGAN PROP OWNER I | 0.99% | Debt | US |
| — | JP Morgan Mortgage Trust | 0.98% | Mortgage-backed | US |
| — | Long Beach Mortgage Loan Trust | 0.96% | Mortgage-backed | US |
| — | PHILLIPS 66 PARTNERS LP | 0.82% | Debt | US |
| Category | Weight | Value | Positions |
|---|---|---|---|
| Mortgage-backed (Corporate) | 28.14% | $12.9M | 24 |
| Corporate | 22.20% | $10.1M | 18 |
| US Treasury | 9.84% | $4.5M | 4 |
| Mortgage-backed (US Govt Agency) | 5.98% | $2.7M | 3 |
| Mortgage-backed (US Govt-Sponsored Entity) | 5.04% | $2.3M | 3 |
| ABS-O | 4.87% | $2.2M | 4 |
| Short-term investment | 3.23% | $1.5M | 2 |
| Municipal | 3.16% | $1.4M | 2 |
| Month | '26 | Avg |
|---|---|---|
| Jan | -0.26% | -0.26% |
| Feb | -0.02% | -0.02% |
| Mar | -1.06% | -1.06% |
| Apr | 0.15% | 0.15% |
| May | -0.19% | -0.19% |
| Jun | -0.10% | -0.10% |
| Jul | -0.68% | -0.68% |
| Aug | -0.23% | -0.23% |
| Sep | -1.83% | -1.83% |
| Oct | 0.34%* | 0.34% |
| Nov | -- | -- |
| Dec | -- | -- |
| Total | -3.83% | -3.83% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
Here is my comprehensive stock analysis report for ZHOG:
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers: Low volatility, neutral momentum signals, and mixed technical indicators.
Primary Risks: Limited upside potential due to recent price consolidation.
Investment Thesis: With ZHOG's current low volatility and neutral momentum, we can expect a range-bound market performance in the short term. However, further analysis reveals mixed technical indicators, suggesting that any significant move could be driven by external factors rather than intrinsic strength.
Recent News Sentiment Impact: Since no recent news headlines are available, this factor has minimal impact on our analysis.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Consolidation
- Medium-term (1-3 months): Neutral
- Long-term (3-12 months): Uptrend
Support/Resistance Levels: $51.22 (lower Bollinger Band) and $51.58 (upper Bollinger Band)
Momentum Signals:
- RSI (14): 40.15 (neutral)
- MACD: -0.06 / Signal: 0.00 / Histogram: -0.06 (bearish)
- Stochastic %K: 42.10, %D: 42.89
- Williams %R: -79.41
Volume Analysis:
- Volume SMA 20: 1511.15
- On-Balance Volume (OBV): 55399.62
- Volume Rate of Change: 36.51%
News & Sentiment Analysis
Recent Headlines Summary: No recent news headlines available.
Sentiment Assessment: Neutral due to lack of recent news.
Catalyst Identification: No upcoming events or earnings announcements are scheduled.
Market Narrative: The absence of significant news events and the stock's low volatility suggest a range-bound market performance in the short term.
Risk & Volatility Assessment
Beta Interpretation: 0.09 (low beta, indicating low risk)
Volatility Regime: Low volatility - stock moves less than market
Options Market Signals:
- IV Premium vs HV30: N/A (positive = implied richer than realized)
- Put/CALL ratios: No data available
- Unusual Activity: No data available
Downside Protection: Support levels at $51.22 and risk management considerations suggest caution.
Market Context & Positioning
Sector Performance: ZHOG is performing relatively well within its sector.
Institutional Activity: Volume patterns suggest institutional interest, but no significant buying or selling pressure.
Correlation Analysis: ZHOG has a moderate correlation (0.57) with the broader market, indicating some potential for price movement.
Relative Valuation: ZHOG's current price is within its trading range, suggesting neither significantly overvalued nor undervalued.
Key Levels & Action Items
Critical Price Levels:
- Support at $51.22
- Resistance at $51.58
Breakout/Breakdown Levels: None identified due to consolidation.
Time-Sensitive Catalysts: No upcoming events or earnings announcements are scheduled.
Risk Management: Caution is advised, as any significant move could be driven by external factors rather than intrinsic strength.
Please note that this report focuses on providing a comprehensive analysis of ZHOG's current market situation and does not contain buy/sell recommendations.
ZHOG Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
Risk Metrics
Analysis Details
Data Points: 201
Period: 252 trading days
Low volatility - stock moves less than market
ZHOG Institutional Ownership (13F)
Latest filings — 2026-06-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
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