SMI 3Fourteen Full-Cycle Trend ETF (FCTE)

Assets	$225.65M
Expense Ratio	0.85%
PE Ratio	24.82
Shares Out	8.45M
Dividend (ttm)	$0.02
Dividend Yield	0.08%
Ex-Dividend Date	Dec 24, 2025
Payout Frequency	Semi-Annual
Payout Ratio	2.06%

Volume	7,438
Open	26.68
Previous Close	26.68
Day's Range	26.68 - 26.89
52-Week Low	23.89
52-Week High	27.68
Beta	n/a
Holdings	20
Inception Date	Jul 2, 2024

About FCTE

Fund Home Page

The SMI 3Fourteen Full-Cycle Trend ETF (FCTE) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of large-cap US stocks. Stock selection is based on a proprietary model that screens for quality metrics and trend factors. FCTE was launched on Jul 2, 2024 and is issued by SMI Funds.

• Asset Class: Equity
• Category: Large Blend
• Region: North America
• Stock Exchange: NASDAQ
• Ticker Symbol: FCTE
• ETF Provider: SMI Funds

Top 10 Holdings

53.56% of assets

Name	Symbol	Weight
Lam Research Corporation	LRCX	5.96%
Monster Beverage Corporation	MNST	5.70%
Eli Lilly and Company	LLY	5.65%
Applied Materials, Inc.	AMAT	5.52%
Cardinal Health, Inc.	CAH	5.29%
Alphabet Inc.	GOOGL	5.14%
Lockheed Martin Corporation	LMT	5.13%
Johnson & Johnson	JNJ	5.12%
Nordson Corporation	NDSN	5.05%
IDEXX Laboratories, Inc.	IDXX	5.01%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 24, 2025	$0.02233	Dec 26, 2025
Mar 19, 2025	$0.02365	Mar 20, 2025
Dec 24, 2024	$0.02019	Dec 26, 2024
Sep 26, 2024	$0.02641	Sep 27, 2024

Performance

FCTE had a total return of 2.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.34%.