F/m Opportunistic Income ETF (ZHOG) Performance
ZHOG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.4% since Dec 31, 2025
- 1 year
- +1.0% total return
- 3 years
- +6.9% a year
- Since first price
- +5.5% a year since 2023
ZHOG trailing returns vs SPY, QQQ, AGG
| Period | ZHOG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.3% | −0.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.2% | −1.6% | +3.2% | +1.9% | −0.4% |
| 6 months | −0.3% | −2.8% | +7.8% | +8.4% | −1.5% |
| YTD | +0.4% | −3.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +1.0% | −3.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +22.2%+6.9%/yr | +3.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionSep 6, 2023 | +18.3%+5.5%/yr | +0.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: ZHOG vs SPY
From Sep 6, 2023: ZHOG grew to $11,832, SPY to $17,722.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ZHOG returns by calendar year
2 of 2 full years positive. Best 2025 (+6.0%), worst 2024 (+4.9%). 2026 is year to date.
ZHOG annual returns table
| Year | ZHOG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +0.4% | −1.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +6.0% | −2.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +4.9% | −2.5% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
ZHOG risk statistics
| Statistic | 3 years |
|---|---|
| Annualized return | +5.9% |
| Volatility (annualized) | 5.1% |
| Sharpe ratio | 0.31 |
| Sortino ratio | 0.52 |
| Best month | +4.9% |
| Worst month | −2.1% |
| Best 12 months | +14.0% |
| Worst 12 months | +0.8% |
| Positive months | 69% |
| Beta vs S&P 500 | 0.25 |
| Correlation with S&P 500 | 0.61 |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
ZHOG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 26 | +0.8% | +5.5% | +14.0% | 100% |
| 3-year (a year) | 2 | +5.9% | +6.4% | +6.8% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
ZHOG performance overview
F/m Opportunistic Income ETF (ZHOG) returned +1.0% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +5.5% a year, turning $10,000 into about $11,832. Over the same year S&P 500 (SPY) returned +14.4%.
Related: ZHOG chart, ZHOG dividends. See the ZHOG overview for the latest quote and fund facts.
ZHOG performance FAQ
What is the ZHOG return over the past year?
ZHOG returned +1.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 3.9%.
How much would $10,000 invested in ZHOG be worth?
$10,000 invested in ZHOG at its first recorded close on September 6, 2023 would be worth about $11,832 on October 23, 2026 with distributions reinvested.
What was the worst year for ZHOG?
The worst calendar year was 2024, with a total return of +4.9%. The best was 2025 at +6.0%.
How volatile is ZHOG?
Over the past 3 years ZHOG had an annualized volatility of 5.1% and a Sharpe ratio of 0.31 (excess return over 1–3 month T-bills per unit of risk).