ATAC Credit Rotation ETF
The ETF.net JOJO Grade
F
Score 16 out of 100
- 81 of 85
Score 16 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 17
- This cap took
- 0
- Published Score
- 16
Cost
The fund’s net expense ratio, ranked against its category.F0 out of 100Rank 85 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F17 out of 100Rank 81 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C42 out of 100Rank 56 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F21 out of 100Rank 80 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D32 out of 100Rank 70 of 85
Our read on JOJO
In short
FA high-yield bond fund that owns no junk bonds. JOJO parks cash in Treasuries and sells vertical credit spreads on the S&P 500, Nasdaq 100 and Russell 2000 for income, at 1.24% net of a waiver through December 31, 2026.
Stated mandate
The fund seeks enhanced yield by holding U.S. Treasury bills and/or bonds while using vertical credit spreads on major equity indexes. Its options overlay may use up to 90% exposure and is collateralized by Treasury securities.
Why people hold it
Worth knowing
JOJO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
JOJO$9,988
Returns run to the Oct 30, 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.
| Period | JOJO |
|---|---|
| Year to date | −1.1% |
| 1 month | +1.8% |
| 3 months | −0.1% |
| 1 year | −0.1% |
| 3 years | +7.8% |
| 5 years | −1.7% |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | JOJO |
|---|---|---|
| 2026 YTD | −1.1% | |
| 2025 | +10.5% | |
| 2024 | +2.7% | |
| 2023 | +7.6% | |
| 2022 | −22.0% | |
| 2021 | −0.3% |
JOJO in the news
JOJO Dividends
- 5.45%
- $0.80
- $0.07 per share
- Monthly
JOJO Risk
- 9.0%
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.
- 0.39
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.
- −28.4%
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.
- 1.38
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
JOJO Cost
Overpaying vs SCYB, cheapest in US High Yield
$21,825
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
JOJO 1.24%
$22,463
SCYB 0.03% Cheapest
$638
Cost over time
Year by year
| Year | JOJO | SCYB | Overpaying |
|---|---|---|---|
| 10 | $2,164 | $55 | $2,109 |
| 20 | $8,047 | $216 | $7,831 |
| 30 | $22,463 | $638 | $21,825 |
You pay 1.24%Waived by ATAC 0.27%
Full fee 1.51% waiver 0.27% you pay 1.24%
Other funds in US High Yield
- DHYBXTCW High Yield Bond ETFExpense ratio 0.50%1 year return +2.7%
- DMANIMan Active Income ETFExpense ratio 0.85%1 year return +8.7%
- DMUSETCW Multisector Credit Income ETFExpense ratio 0.56%1 year return +2.6%
- FPCHIPolen High Income ETFExpense ratio 0.53%1 year return +0.6%
- FPCEBPolen Euro High Yield Bond ETFExpense ratio 0.75%1 year return
