NIFE seeks investment results that track the Indxx US Fallen Knives Index. The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the index. The index is designed by Indxx, LLC to consist of U.S. equity securities that have experienced considerable share price declines over the prior year and have financial health, suggesting that the security has potential for share price recovery in the future. Thus far in 2021, NIFE is up about 15%. NIFE can also offer exposure to a value comeback. While many investors have fled the growth-fueled equities that have powered the bull run, NIFE looks at companies that may have fallen as of late, but still have the financial wherewithal for future gains.