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DYFI

GradeDNASDAQ Global Market

IDX Dynamic Fixed Income ETF

Specialty Bonds · IDX · Inception 2024-01-10

$22.33−0.17 (−0.78%)

As of Sep 23, 2026, 3:11 PM EDT

History starts Jan 10, 2024.
Intraday session: down, 30 prints from 22.50 to 22.33. Range 22.32 to 22.42. Use the arrow keys to read each point.$22.36$22.4010 AM12 PM2 PM4 PM
Expense ratio
1.13%
Fund size
$60M
1Y return
+0.4%
Yield · Last 12 months
4.64%
Holdings
9
Volume · 30D
0M sh
NAV per share
$22.47
52W range
low $22.44high $23.47

The ETF.net DYFI Grade

D

32/ 100

Rank 15 of 25 in Multi-Sector Bond Income

Confidence High

Six-pillar profile for DYFI. Scores out of 100: Cost 13, Risk 39, Mission 52, Tradability 25, Holdings 33, Durability 53. Strongest: Durability (53). Weakest: Cost (13). Leans toward Durability and Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 32 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 13
    Category rank22/25 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    CScore 52
    Category rank11/14 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 39
    Category rank15/20 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 25
    Category rank19/25 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 33
    Category rank21/25 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 53
    Category rank12/25 · top 48%

Graded as of Sep 22, 2026

Our read on DYFI

ETF.net Research

DMost aggregate-bond ETFs pick a benchmark and sit still. DYFI rotates among fixed-income sector ETFs on quantitative and dual-momentum signals, chasing current income. Active tactics parked in an index aisle, priced at 1.12% a year.

Stated mandate

The Fund seeks high current income. Its strategy dynamically allocates among fixed-income ETFs across multiple fixed-income sectors, using quantitative evaluation and dual momentum.

Why people hold it

  1. 01One ticker, a rules-based sweep across fixed-income sectors. Quantitative screens and dual momentum set the mix, not fixed benchmark weights.
  2. 02The mandate is global, so it can reach into credit and non-US corners that a domestic aggregate index barely touches.
  3. 03Standard 1940 Act ETF wrapper holding other ETFs: daily liquidity in the underlying sleeves and ordinary 1099 tax reporting, no K-1.

Worth knowing

  1. 01At 1.12% a year, the fee is multiples of index staples like BND and SCHZ at 0.03%. The rotation has to clear that gap before it shows up for you.
  2. 02Thinly traded and mid-sized. Spreads matter more here than with the giants of the aggregate-bond aisle, so limit orders are the sane default.
  3. 03High current income is the goal, but distributions land on an irregular schedule rather than a set monthly rhythm, and the fund has only traded since 2024.

DYFI Holdings

As of Sep 20, 2026, 10:18 AM
Asset class
Bonds
Holdings
9
Top-10 weight
100%
Largest holding
JAAA20.1%

Sectors

  • Financials99.4%
  • Energy0.6%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001JAAAJANUS HENDERSON AAA CLO ETF JANUS HENDERSON AAA CLO ETF20.12%238,682$12M16
002PYLDPIMCO MULTISECTOR BOND AC19.91%462,977$12M6
003ANGLVANECK VECTORS FALLEN ANGEL19.85%417,652$12M2
004CLOIVANECK CLO ETF VANECK CLO ETF10.02%113,798$6M1
005SRLNState Street Blackstone Senior Loan ETF10.00%147,742$6M5
006VTIPVANGUARD SHORT-TERM TIPS8.03%97,695$5M10
007IGSBISHARES 1-5Y INV GRADE CORP6.11%71,170$4M5
008BILSPDR BLOOMBERG BARCLAYS 1-3 MONTH T-BILL ETF5.11%33,541$3M19
009CASH AND CASH EQUIVALENTS0.86%514,038$514K120

Showing 1–9 of 9 holdings

DYFI Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

DYFI$10,043
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. DYFI $10,043. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for DYFI. Periods over one year show the average yearly return.
PeriodDYFI
Year to date−0.1%
1 month−0.4%
3 months−0.1%
1 year+0.4%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for DYFI
YearReturn barDYFI
2026 YTD−0.1%
2025+3.8%
2024−1.4%

Since listing, Jan 10, 2024

DYFI in the news

ETF.net Research hasn’t filed on DYFI yet — coverage lands here as it’s written.

DYFI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
4.64%Last 12 months
Payout per share
$1.05Last 12 months
Last payment
$0.08 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2024–2026

One bar per payment. 30 payments from 2024 to 2026 YTD. Feb 26, 2024 $0.10; Mar 26, 2024 $0.12; Apr 23, 2024 $0.11; May 23, 2024 $0.10; Jun 25, 2024 $0.13; Jul 26, 2024 $0.12; Aug 27, 2024 $0.14; Sep 26, 2024 $0.08; Oct 24, 2024 $0.09; Nov 26, 2024 $0.12; Dec 24, 2024 $0.27; Jan 29, 2025 $0.0034; Feb 26, 2025 $0.06; Mar 26, 2025 $0.10; Apr 23, 2025 $0.08; May 28, 2025 $0.07; Jun 25, 2025 $0.08; Jul 23, 2025 $0.10; Aug 27, 2025 $0.07; Sep 24, 2025 $0.11; Oct 29, 2025 $0.09; Nov 25, 2025 $0.10; Dec 24, 2025 $0.20; Feb 25, 2026 $0.06; Mar 25, 2026 $0.07; Apr 22, 2026 $0.08; May 27, 2026 $0.08; Jun 24, 2026 $0.07; Jul 22, 2026 $0.11; Aug 26, 2026 $0.08. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Aug 26, 2026Aug 27, 2026$0.08
Jul 22, 2026Jul 23, 2026$0.11
Jun 24, 2026Jun 25, 2026$0.07
May 27, 2026May 28, 2026$0.08
Apr 22, 2026Apr 23, 2026$0.08
Mar 25, 2026Mar 26, 2026$0.07
Feb 25, 2026Feb 26, 2026$0.06
Dec 24, 2025Dec 26, 2025$0.20
Nov 25, 2025Nov 26, 2025$0.10
Oct 29, 2025Oct 30, 2025$0.09
Sep 24, 2025Sep 25, 2025$0.11
Aug 27, 2025Aug 28, 2025$0.07

DYFI Risk

How much the fund’s monthly returns vary, scaled to a year.
3.1%
Annualised · 31 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−1.08
vs 3-month T-bills · 31 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−4.6%
32 months · trough Aug 2024
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.15
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

DYFI Cost

Expense ratio1.13%
  • The middle half of Multi-Sector Bond Income funds
  • Median 0.55%

19 of the 23 Multi-Sector Bond Income funds charge less.

DYFI costs $113.00 a year on $10,000. The median Multi-Sector Bond Income fund costs $55.00.