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Launched · SEC filings

Day Hagan Smart Sector Fixed Income ETF

SSFINYSE ArcaDay HaganD

$20.68+0.01 (+0.07%)

As of Nov 2, 2026, 3:55 PM ET

D38/ 100

Rank 20 of 25 in Multi-Sector Bond Income

D38/100Rank 20 of 25inMulti-Sector Bond Income
Intraday session: up, 77 prints from 20.67 to 20.68. Range 20.68 to 20.73. Use the arrow keys to read each point.20.7020.7120.7220.7310 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$29M
1Y total return
−1.0%
Yield · Last 12 months
3.88%
Holdings
11
Avg volume · 30D
5.68K sh
52W range
low $20.22high $21.84
Launched
Filings
SEC EDGAR

The ETF.net SSFI Grade

D

Score 38 out of 100

Category
Multi-Sector Bond Income⁠
Rank
20 of 25
Six-pillar profile for SSFI. Scores out of 100: Cost 27, Risk 34, Mission 51, Tradability 38, Holdings 40, Durability 51. Strongest: Mission (51). Weakest: Cost (27). Leans toward Mission and Durability.

Score 38 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D27 out of 100
    Rank 18 of 25

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    C51 out of 100
    Rank 12 of 14

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D34 out of 100
    Rank 20 of 25

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D38 out of 100
    Rank 19 of 25

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C40 out of 100
    Rank 19 of 25

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C51 out of 100
    Rank 16 of 25

Our read on SSFI

ETF.net Research

In short

DA rules-driven bond allocator in one ticker: eight fixed-income sleeves, from long Treasuries to emerging-market debt, plus a risk model that halves the credit-sensitive sleeves and parks the proceeds in cash when it flags trouble.

Stated mandate

The fund seeks dynamic exposure to multiple fixed-income-market sectors across full market cycles.

Why people hold it

  • Eight sleeves, one ticker: investment-grade corporates, long Treasuries, mortgage-backeds, international IG, TIPS, high yield, EM bonds and floating-rate notes, with at least 80% of assets in bonds.sec.gov
  • The de-risking rule is written down, not improvised: when the model triggers a sell, the floating-rate, IG, high-yield and EM allocations are cut by half and the proceeds move to cash.sec.gov
  • Running since 2021, so the models have a live record in real markets, not just a backtest. Shareholder distributions go out quarterly.sec.gov

Worth knowing

  • At 0.75% with no fee waiver, it sits above the category median, and the strongest-standing multisector names run cheaper: VGMS at 0.30%, AINP and MSTI at 0.36%.
  • Small and thinly traded, so the spread on the screen can matter as much as the headline fee.
  • Halving the credit sleeves works in both directions: less exposure when those sectors sell off, and less when they are the ones leading.sec.gov

SSFI Performance

Launched Sep 29, 2021

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.
SSFI$9,897
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. SSFI $9,897. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

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.

Trailing total return for SSFI. Periods over one year show the average yearly return.
PeriodSSFI
Year to date−1.3%
1 month+2.2%
3 months−0.4%
1 year−1.0%
3 yearsper year+4.4%
5 yearsper year−0.6%
10 yearsFund is under 10 years oldper yearNo data

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 SSFI
YearReturn barSSFI
2026 YTD−1.3%
2025+6.6%
2024+1.1%
2023+4.3%
2022−12.8%
2021+0.8%

Since listing, Sep 29, 2021

SSFI in the news

SSFI 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 Oct 30, 2026.
3.88%Last 12 months
Payout per share
$0.80Last 12 months
Last payment
$0.21 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2021–2026

One bar per payment. 20 payments from 2021 to 2026 YTD. Dec 28, 2021 $0.18; Mar 29, 2022 $0.03; Jun 28, 2022 $0.05; Sep 28, 2022 $0.07; Dec 28, 2022 $0.25; Mar 29, 2023 $0.10; Jun 28, 2023 $0.12; Sep 27, 2023 $0.18; Dec 27, 2023 $0.45; Mar 27, 2024 $0.11; Jun 27, 2024 $0.20; Sep 27, 2024 $0.17; Dec 27, 2024 $0.28; Mar 28, 2025 $0.12; Jun 27, 2025 $0.17; Sep 29, 2025 $0.17; Dec 29, 2025 $0.29; Mar 30, 2026 $0.09; Jun 29, 2026 $0.22; Sep 29, 2026 $0.21. Use the arrow keys to read each point.202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 29, 2026Sep 30, 2026$0.21
Jun 29, 2026Jun 30, 2026$0.22
Mar 30, 2026Mar 31, 2026$0.09
Dec 29, 2025Dec 30, 2025$0.29
Sep 29, 2025Sep 30, 2025$0.17
Jun 27, 2025Jun 30, 2025$0.17
Mar 28, 2025Mar 31, 2025$0.12
Dec 27, 2024Dec 30, 2024$0.28
Sep 27, 2024Sep 30, 2024$0.17
Jun 27, 2024Jun 28, 2024$0.20
Mar 27, 2024Apr 1, 2024$0.11
Dec 27, 2023Dec 29, 2023$0.45

See all 20 payments⁠

$10,000 in SSFI 5 years ago paid $1,370 in dividends.⁠

SSFI Risk

Risk pillarD34 out of 100Rank 20 of 25 in Multi-Sector Bond Income
How much the fund’s monthly returns vary, scaled to a year.
5.3%
Annualised · 36 months to Oct 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.
0.0004
vs 3-month T-bills · to Oct 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.
−16.1%
Trough Oct 2023
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.
0.94
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.

FMP measures it over up to five years of monthly returns.

SSFI Cost

Compare SSFI and VGMS

Overpaying vs VGMS, cheapest in Multi-Sector Bond Income

$8,333

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SSFI 0.75%

    $14,482

  • VGMS 0.30% Cheapest

    $6,149

$10,000
30 years

Cost over time

  • SSFI 0.75%
  • VGMS 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SSFI $14,482VGMS $6,149

Year by year

YearSSFIVGMSOverpaying
10$1,336$545$791
20$5,078$2,113$2,965
30$14,482$6,149$8,333

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