Fund Evaluator:
Sound Enhanced Fixed Income ETF (FXED)
Follow This Fund
Allocation
Global Asset Class
Allocation
Fund Group
Conservative Allocation
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
1.89% F
Expense Ratio
$39 Mil
Assets
Open
Status
0.00%
12b-1 Fee
7.19%
TTM Yield
0.00%
Max Load
8%
Portfolio Turnover
Best Performing in Conservative Allocation Over the Last Year
| 11.9% | Hussman Strategic Total Return (HSTRX) |
| 10.4% | Franklin Multi-Asset Income Y (PMIYX) |
| 10.1% | Columbia Income Builder Inst (CBUZX) |
| 8.2% | Thrivent Conservative Allocation S (THYFX) |
| 8.0% | Columbia Capital Allocation Cnsrv Inst (CBVZX) |
Data as of 7/31/2026
-0.5% A
1-Mo Return
-1.2% F
3-Mo Return
0.1% F
YTD Return
1.9% F
1-Yr Return
5.9% A
3-Yr Return
2.3% A
5-Yr Return
1.00 A
Category Risk Index
0.59
Total Risk Index
Fund Details
Fund Family
Sound ETF
Inception Date
12/30/2020
Share Class Type
Equity Investment Style
Small-Cap
Value
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Bloomberg US Universal TR USD: 100%
Additional Fund Details
Sound Enhanced Fixed Income ETF Overview
FXED Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FXED Return (NAV) | -0.5% | -1.2% | 1.9% | 5.9% | 2.3% | na |
| FXED Grade | A | F | F | A | A | na |
| +/- Category | 0.2% | -1.8% | -5.4% | -1.3% | -0.4% | na |
| Conservative Allocation Avg | -0.8% | 0.6% | 7.2% | 7.2% | 2.7% | 3.9% |
| FXED Tax Cost Ratio | na | na | 2.8% | 2.6% | 2.4% | na |
FXED Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FXED Return (NAV) | 0.1% | 5.2% | 6.4% | 15.3% | -15.2% | 9.7% | na | na | na | na | na |
| FXED Grade | F | F | A | A | A | A | na | na | na | na | na |
| +/- Category | -2.6% | -4.0% | 0.5% | 6.6% | -3.3% | 5.2% | na | na | na | na | na |
| Conservative Allocation Avg | 2.8% | 9.2% | 5.9% | 8.7% | -11.9% | 4.5% | 8.0% | 11.5% | -3.3% | 7.1% | 5.9% |
| Risk Measures | |
| Standard Deviation: | 7.3% |
| Total Risk Index: | 0.59 - Below Average |
| Category Risk Index: | 1.00 - High |
| Category Risk Grade: | F (200% Rank) |
| Beta: | 0.65 |
| R-Squared: | 70% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Value |
| Bond Investment Style: | na |
| Yield: | 7.2% |
| Dividend Distribution: | Semi-Monthly |
| Cap Gains Distribution: | |
| Total Assets: | $39 Mil |
| Fund Total Assets: | $ 39 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 8% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 0.3 years | |||
| Average Tenure: 0.3 years | |||
| Managers (Year): Beyrich Eric (2026), Scranton David (2026), Foy Stephen (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 67 |
| % in Top 10 Holdings: | 26.8% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 4.4% |
Portfolio Allocation |
|
| Domestic Stock: | 29.3% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 27.7% |
| Domestic Bond: | 34.8% |
| Foreign Bond: | 4.4% |
| Convertible Bond: | 0.0% |
| Other: | 0.6% |
| Cash: | 3.2% |
Purchase Information
| Fund Family: | Sound ETF |
| Phone Number: | 833-916-9056 |
| Website: |
| Status: | Open |
| Inception Date: | December 30, 2020 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 1.89% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.19% |
| Share Class: | Sound Enhanced Fixed Income ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
Copyright 2026 American Association of Individual Investors and Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.