# Tactical Advantage ETF (FDAT) — Overview

FDAT · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/fdat

## Price

Last close $21.94 on Oct 15, 2026. 52-week range $21.49 – $22.98.

## Fund profile

FDAT is an actively managed fund-of-funds, aiming for capital appreciation by investing in equity and high-yield bond ETFs. The fund attempts to reduce return volatility and downside risk by shifting the portfolio's ETF exposure into cash through a proprietary multi-factor strategy.

| Metric | Value |
| --- | --- |
| Issuer | Tidal Investments LLC |
| Industry | — |
| Inception | Apr 20, 2023 |
| Assets under management | $35.7M |
| Expense ratio | 0.74% |
| Net asset value | $21.93 (as of Oct 14, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Tactical Advantage ETF (FDAT)?

FDAT is an actively managed fund-of-funds, aiming for capital appreciation by investing in equity and high-yield bond ETFs. The fund attempts to reduce return volatility and downside risk by shifting the portfolio's ETF exposure into cash through a proprietary multi-factor strategy.

### What is FDAT's expense ratio?

Tactical Advantage ETF charges an annual expense ratio of 0.74%. The fund is issued by Tidal Investments LLC.

### How large is FDAT?

Tactical Advantage ETF manages $35.7M in assets and has traded since Apr 20, 2023.

### How do I buy shares of Tactical Advantage ETF (FDAT)?

FDAT trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).