ETF Evaluator:
F/m L/T Trs Infl-Protd Sec(TIPS) ETF ()
Follow This ETF
(as of Nov 13)
Best Performing in Inflation-Protected Bond Over the Last Year
| 4.1% | American Beacon Ionic Inflation Prot ETF (CPII) |
| 0.7% | Northern Trust iBoxx 5-Yr TrgtDurTIPSETF (TDTF) |
| 0.5% | JPMorgan Inflation Managed Bond ETF (JCPI) |
| 0.2% | Schwab US TIPS ETF™ (SCHP) |
| 0.2% | Vanguard Total Inflation Protd Secs ETF (VTP) |
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Risk
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ETF Details
F/m L/T Trs Infl-Protd Sec(TIPS) ETF Overview
F/m L/T Trs Infl-Protd Sec(TIPS) ETF (RTHY) is a passively managed Taxable Bond Inflation-Protected Bond exchange-traded fund (ETF). F/m investments, LLC launched the ETF in 2026.
The investment seeks investment results that correspond generally to the price and yield performance of the Bloomberg U.S. Treasury Inflation Protected Securities 20+ Year Index (I36081US).
Under normal market conditions, F/m Investments LLC (the “Adviser”) seeks to achieve the fund’s investment objective by investing at least 80% of the fund’s net assets in TIPS with maturities of greater than or equal to twenty (20) years. The Adviser uses a representative sampling indexing strategy in seeking to achieve the fund’s investment objective. The fund is non-diversified.
About F/m L/T Trs Infl-Protd Sec(TIPS) ETF (RTHY)
There are 3 members of the management team with an average tenure of 0.05 years: Peter Baden (2026), Alexander Morris (2026) and Marcin Zdunek (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: Bloomberg US TIPS 20+Years TR USD index with a weighting of 100%. F/m L/T Trs Infl-Protd Sec(TIPS) ETF has 6 securities in its portfolio. The top 10 holdings constitute 99.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
F/m L/T Trs Infl-Protd Sec(TIPS) ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. F/m L/T Trs Infl-Protd Sec(TIPS) ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 99.4% (99.4% domestic bond, 0.0% foreign bond and 0.0% convertible bond). F/m L/T Trs Infl-Protd Sec(TIPS) ETF has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $34 million in total assets, which is below the $2 billion average for the Inflation-Protected Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
RTHY Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The F/m L/T Trs Infl-Protd Sec(TIPS) ETF expense ratio is below average compared to funds in the Inflation-Protected Bond category. F/m L/T Trs Infl-Protd Sec(TIPS) ETF has an expense ratio of 0.25%, which is 3% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. F/m L/T Trs Infl-Protd Sec(TIPS) ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 36% for the Inflation-Protected Bond category.
Recently, in the month of October 2026, F/m L/T Trs Infl-Protd Sec(TIPS) ETF returned 0.0%, which earned it a grade of NA, as the Inflation-Protected Bond category had an average return of 2.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
F/m L/T Trs Infl-Protd Sec(TIPS) ETF has a trailing yield of 0.00%, which is below the 4.86% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
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RTHY Trailing NAV Total Returns Data as of 10/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| RTHY Return (NAV) | na | na | na | na | na | na |
| RTHY Return (Price) | na | na | na | na | na | na |
| NAV +/- Price Return | na | na | na | na | na | na |
| Inflation-Protected Bond Avg | 2.6% | -0.1% | -0.7% | 3.9% | -1.1% | 2.1% |
| RTHY Grade (NAV) | na | na | na | na | na | na |
| +/- Category (NAV) | na | na | na | na | na | na |
| RTHY Tax-Cost Ratio | na | na | na | na | na | na |
RTHY Annual NAV Total ReturnsData as of 10/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| RTHY Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| RTHY Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Inflation-Protected Bond Avg | -0.3% | 6.8% | 0.8% | 2.6% | -13.6% | 5.0% | 12.4% | 9.3% | -2.2% | 3.7% | 5.2% |
| RTHY Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 34 Mil |
| Share Class Assets: | $ 34 Mil |
| Turnover: | na |
| Expense Ratio: | 0.25% |
| Index Fund: | Yes |
| Index Tracked: | Bloomberg US TIPS 20+Years TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 0.1 years | |||
| Average Tenure: 0.1 years | |||
| Managers (Year): Baden Peter (2026), Morris Alexander (2026), Zdunek Marcin (2026) | |||
Portfolio Composition (as of 10/30/26)
| # of Holdings: | 6 |
| % in Top 10 Holdings: | 99.4% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 99.4% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.6% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | F/m investments, LLC |
| Phone Number: | 800-617-0004 |
| Website: | www.S1Fund.com. |
| Inception Date: | October 13, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.25% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.24% |
