
See exactly how FDAT's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
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This actively managed ETF operates as a "fund of funds," specifically investing in other exchange-traded funds. Family Dynasty Advisors LLC, which serves as the fund's sub-adviser, is responsible for channeling the fund's assets into ETFs that are traded on U.S. stock exchanges. The underlying ETFs selected for investment will primarily focus on either U.S. common stocks or debt instruments categorized as high-yield bonds. Additionally, the fund will maintain positions in cash and highly liquid equivalents.