{
 "ticker": "FFIU",
 "name": "UVA Unconstrained Medium-Term Fixed Income ETF",
 "issuer": "Universal Value Advisors",
 "desk": "core",
 "url": "https://etfiq.com/funds/ffiu",
 "html": "https://etfiq.com/funds/ffiu",
 "markdown": "https://etfiq.com/funds/ffiu.md",
 "as_of": "2026-11-12",
 "verdict": "FFIU is actively managed and returned \u22123.0% over the past year.",
 "lead": "FFIU returned \u22123.0% over the year to Nov 12, 2026, charges 0.53% a year and holds $53m in net assets on Jun 30, 2026.",
 "category": {
  "id": "bonds",
  "name": "Bonds",
  "label": "Bond ETFs",
  "url": "https://etfiq.com/bonds/",
  "group": {
   "id": "taxable-bonds",
   "name": "Taxable bonds"
  },
  "segment": {
   "id": "long-term",
   "name": "Long-term bond",
   "url": "https://etfiq.com/bonds/long-term/"
  },
  "status": "classified",
  "as_of": "2026-11-12",
  "method": "https://etfiq.com/methodology/categories"
 },
 "promise": {
  "badge": null,
  "label": "Not measured",
  "category": "bonds",
  "sentence": "it names no index it tracks",
  "figure": null,
  "unit": null,
  "from": null,
  "to": null,
  "url": "https://etfiq.com/promise-index/bonds/"
 },
 "key_facts": [
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u22123.0%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-11-12",
   "sentence": "FFIU, total return, 1 year: \u22123.0%, as of Nov 12, 2026.",
   "cite": {
    "value": "\u22123.0%",
    "as_of": "2026-11-12",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/ffiu#fact-total-return-1-year",
    "text": "FFIU, total return, 1 year: \u22123.0%, as of Nov 12, 2026."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.53%",
   "source": "485BPOS XBRL, Oct 28, 2026",
   "as_of": "2026-10-28",
   "sentence": "FFIU, expense ratio: 0.53%, as of Oct 28, 2026.",
   "cite": {
    "value": "0.53%",
    "as_of": "2026-10-28",
    "source": "485BPOS XBRL, Oct 28, 2026",
    "url": "https://etfiq.com/funds/ffiu#fact-expense-ratio",
    "text": "FFIU, expense ratio: 0.53%, as of Oct 28, 2026."
   }
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "129",
   "source": "its SEC filing (Form N-PORT)",
   "as_of": "2026-06-30",
   "sentence": "FFIU, holdings: 129, as of Jun 30, 2026.",
   "cite": {
    "value": "129",
    "as_of": "2026-06-30",
    "source": "its SEC filing (Form N-PORT)",
    "url": "https://etfiq.com/funds/ffiu#fact-holdings",
    "text": "FFIU, holdings: 129, as of Jun 30, 2026."
   }
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22126.2%",
   "source": "ETFIQ",
   "as_of": "2026-11-12",
   "sentence": "FFIU, below its high: \u22126.2%, as of Nov 12, 2026.",
   "cite": {
    "value": "\u22126.2%",
    "as_of": "2026-11-12",
    "source": "ETFIQ",
    "url": "https://etfiq.com/funds/ffiu#fact-below-its-high",
    "text": "FFIU, below its high: \u22126.2%, as of Nov 12, 2026."
   }
  },
  {
   "key": "12_month_yield_capital_gains_included_on_its_starting_price",
   "label": "12-month yield, capital gains included, on its starting price",
   "value": "4.0%",
   "source": "computed by ETFIQ from Tiingo daily prices and distributions",
   "as_of": "2026-11-12",
   "sentence": "FFIU, 12-month yield, capital gains included, on its starting price: 4.0%, as of Nov 12, 2026.",
   "cite": {
    "value": "4.0%",
    "as_of": "2026-11-12",
    "source": "computed by ETFIQ from Tiingo daily prices and distributions",
    "url": "https://etfiq.com/funds/ffiu#fact-12-month-yield-capital-gains-included-on-its-starting-price",
    "text": "FFIU, 12-month yield, capital gains included, on its starting price: 4.0%, as of Nov 12, 2026."
   }
  },
  {
   "key": "last_payment",
   "label": "Last payment (paid quarterly), ex-date Sep 29, 2026",
   "value": "$0.23",
   "source": "Tiingo end-of-day distributions",
   "as_of": "2026-09-29",
   "sentence": "FFIU, last payment (paid quarterly), ex-date Sep 29, 2026: $0.23, as of Sep 29, 2026.",
   "cite": {
    "value": "$0.23",
    "as_of": "2026-09-29",
    "source": "Tiingo end-of-day distributions",
    "url": "https://etfiq.com/funds/ffiu#fact-last-payment",
    "text": "FFIU, last payment (paid quarterly), ex-date Sep 29, 2026: $0.23, as of Sep 29, 2026."
   }
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$53m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026",
   "as_of": "2026-06-30",
   "sentence": "FFIU, net assets: $53m (SEC filing, whole fund, as filed for Jun 30, 2026).",
   "cite": {
    "value": "$53m",
    "as_of": "2026-06-30",
    "source": "SEC filing, whole fund, as filed for Jun 30, 2026",
    "url": "https://etfiq.com/funds/ffiu#fact-net-assets",
    "text": "FFIU, net assets: $53m (SEC filing, whole fund, as filed for Jun 30, 2026)."
   }
  }
 ],
 "fields": [
  {
   "key": "what_it_tracks",
   "label": "What it tracks",
   "value": "No index, actively managed",
   "source": null
  },
  {
   "key": "fund_type",
   "label": "Fund type",
   "value": "Bond fund",
   "source": null
  },
  {
   "key": "category",
   "label": "Category",
   "value": "Bonds \u00b7 Long-term bond",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.53%",
   "source": "485BPOS XBRL, Oct 28, 2026"
  },
  {
   "key": "price",
   "label": "Price",
   "value": "$20.72",
   "source": null
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Aug 21, 2017",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$53m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026"
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Bloomberg U.S. Aggregate Bond Index, measured by AGG, which tracks the same index",
   "source": "ETFIQ, from its filings"
  },
  {
   "key": "benchmark_named_in",
   "label": "Benchmark named in",
   "value": "its shareholder report, N-CSR, Sep 4, 2026",
   "source": null
  },
  {
   "key": "why_this_benchmark",
   "label": "Why this benchmark",
   "value": "Its daily returns fit AGG at R-squared 0.49 over the year to Nov 12, 2026 (251 days), above the 0.30 floor.",
   "source": null
  },
  {
   "key": "ffiu_1_year_to_nov_12_2026",
   "label": "FFIU, 1 year to Nov 12, 2026",
   "value": "\u22123.0%",
   "source": null
  },
  {
   "key": "agg_the_same_days",
   "label": "AGG, the same days",
   "value": "\u22121.3%",
   "source": null
  },
  {
   "key": "against_its_benchmark_1_year",
   "label": "Against its benchmark, 1 year",
   "value": "\u22121.7 pts",
   "source": "ETFIQ"
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22126.2%",
   "source": "ETFIQ"
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "129",
   "source": null
  },
  {
   "key": "top_ten_weight",
   "label": "Top ten weight",
   "value": "17.4%",
   "source": null
  },
  {
   "key": "cash_not_in_the_top_ten",
   "label": "Cash, not in the top ten",
   "value": "6.3%",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Jun 30, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "promise_check",
   "label": "Promise check",
   "value": "Not measured. It names no index it tracks.",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "+0.7%",
   "Benchmark (AGG)": "+0.9%",
   "Gap to AGG": "\u22120.2 pts"
  },
  {
   "window": "3 months",
   "Total return": "\u22122.7%",
   "Benchmark (AGG)": "\u22121.5%",
   "Gap to AGG": "\u22121.2 pts"
  },
  {
   "window": "6 months",
   "Total return": "\u22122.7%",
   "Benchmark (AGG)": "\u22121.4%",
   "Gap to AGG": "\u22121.3 pts"
  },
  {
   "window": "Year to date",
   "Total return": "\u22123.9%",
   "Benchmark (AGG)": "\u22121.4%",
   "Gap to AGG": "\u22122.5 pts"
  },
  {
   "window": "1 year",
   "Total return": "\u22123.0%",
   "Benchmark (AGG)": "\u22121.3%",
   "Gap to AGG": "\u22121.7 pts"
  },
  {
   "window": "3 years",
   "Total return": "+12.2%",
   "Benchmark (AGG)": "+13.8%",
   "Gap to AGG": "\u22121.6 pts"
  },
  {
   "window": "5 years",
   "Total return": "\u22124.8%",
   "Benchmark (AGG)": "\u22121.6%",
   "Gap to AGG": "\u22123.2 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+11.4%",
   "Benchmark (AGG)": "+13.0%",
   "Gap to AGG": "\u22121.6 pts"
  },
  {
   "window": "Since launch, annualised",
   "Total return": "+1.2%",
   "Benchmark (AGG)": "\u2013",
   "Gap to AGG": "\u2013"
  }
 ],
 "questions": [
  {
   "q": "How has FFIU performed?",
   "a": "Over the year to Nov 12, 2026, FFIU returned \u22123.0% with distributions reinvested, against \u22121.3% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. Over three years the number is +12.2%."
  },
  {
   "q": "What does FFIU cost?",
   "a": "The prospectus expense ratio is 0.53% a year."
  },
  {
   "q": "How far is FFIU below its high?",
   "a": "6.2% below its high of Sep 14, 2021, measured on the reinvested series to Nov 12, 2026."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "52-week high, daily closes to Nov 12, 2026",
   "value": "$22.60 on Nov 26, 2025",
   "as_of": "2025-11-26",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 22.6,
   "window": {
    "from": "2025-11-13",
    "to": "2026-11-12"
   }
  },
  {
   "key": "low52",
   "label": "52-week low, daily closes to Nov 12, 2026",
   "value": "$20.44 on Oct 5, 2026",
   "as_of": "2026-10-05",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 20.439,
   "window": {
    "from": "2025-11-13",
    "to": "2026-11-12"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Nov 12, 2026, within that range",
   "value": "$20.72, 13% of the way from the low to the high",
   "as_of": "2026-11-12",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 20.7202
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "129",
   "as_of": "2026-11-12",
   "source": null
  },
  {
   "key": "top10",
   "label": "Top ten weight",
   "value": "17.4%",
   "as_of": "2026-11-12",
   "source": null
  }
 ],
 "trading": {
  "as_of": "2026-09-11",
  "score": null,
  "tier": null,
  "status": "not-scored",
  "lines": [
   "Not scored."
  ],
  "page": "https://etfiq.com/funds/ffiu/trading/"
 },
 "outside_us": [
  {
   "key": "statutory",
   "label": "US tax withheld on dividends, no treaty",
   "value": "30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 30.0,
   "url": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf"
  },
  {
   "key": "treaty",
   "label": "Treaty rates on dividends (IRS table, read Oct 30, 2026)",
   "value": "65 countries, 10% to 30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 65.0,
   "url": "https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables"
  },
  {
   "key": "qii",
   "label": "FFIU interest-related and short-term gain dividends",
   "value": "not read by ETFIQ"
  },
  {
   "key": "estate",
   "label": "US estate tax filing threshold, non-resident holders",
   "value": "$60,000",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/instructions/i706na",
   "number": 60000.0,
   "url": "https://www.irs.gov/instructions/i706na"
  },
  {
   "key": "dist",
   "label": "Share class",
   "value": "Distributing",
   "source": "https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section852&num=0&edition=prelim",
   "url": "https://etfiq.com/learn/non-us-holders"
  }
 ],
 "generated": "2026-11-13",
 "license": "https://etfiq.com/license/",
 "license_text": "Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, FFIU, bond fund, data as of Nov 12, 2026. https://etfiq.com/funds/ffiu"
}