Skip to Content

Formidable

Formidable Parent Rating

Below Average

Formidable lags peer asset managers in a number of stewardship qualities, resulting in a Below Average Parent Pillar rating.

Formidable fails to live up to one of the hallmarks of stewardship, manager investment, to help align portfolio manager and shareholder interests. None of the firm’s assets are covered by an invested manager. Formidable's longest-tenured managers do not possess the same experience as management teams at other firms, a detractor from its rating. Specifically, average asset-weighted tenure within the firm is only three years. The firm's stable portfolio management since the firm's inception, indicated by a higher-than-average retention ratio, positively impacts its rating.

Formidable Investments

Exchange-Traded Funds

See All Formidable ETFs

Market

US ETFs

Total Net Assets

52.19 Mil

Investment Flows (TTM)

−6.67 Mil

Asset Growth Rate (TTM)

−11.92%

# of Share Classes

2
Morningstar Rating # of Share Classes
0
0
0
1
0
Not Rated 1
Name
Morningstar Rating Overall
5-Year Category Rank
Formidable ETF
Formidable Fortress ETF

Morningstar Mentions

Quick Definitions: Key Morningstar Terms

Sponsor Center