Shareholder Report | 12 Months Ended |
Nov. 30, 2024 USD ($) Holdings |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | Tidal ETF Trust |
Entity Central Index Key | 0001742912 |
Entity Investment Company Type | N-1A |
Document Period End Date | Nov. 30, 2024 |
Sound Enhanced Fixed Income ET | |
Shareholder Report [Line Items] | |
Fund Name | Sound Enhanced Fixed Income ETF |
Class Name | Sound Enhanced Fixed Income ETF |
Trading Symbol | FXED |
Security Exchange Name | NYSE |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at www.soundetfs.com/fxed/ (833) 916-9056 |
Additional Information Phone Number | (833) 916-9056 |
Additional Information Website | www.soundetfs.com/fxed/ |
Expenses [Text Block] | What were the Fund costs for the past year? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Sound Enhanced Fixed Income ETF $53 0.50% |
Expenses Paid, Amount | $ 53 |
Expense Ratio, Percent | 0.50% |
Factors Affecting Performance [Text Block] | How did the Fund perform last year and what affected its performance? At the end of the fiscal year, November 30, 2024, FXED was up 12.94% as compared to the Bloomberg Aggregate Bond Index’s return of 6.88% and the Bloomberg U.S. Universal Bond Index’s (the “index”) return of 7.53%. For those of you who are new to our Fund, FXED is an actively-managed portfolio of fixed-income and higher-yielding, income-based securities. The Fund's primary goal is to generate higher levels of current income with capital appreciation as a secondary focus. As with most value-focused investments, we have the burden of differentiating high-yielding securities between being a value investment versus a value trap. Investing only in traditional fixed-income securities such as government, agency, corporate, or municipal bonds would leave out many value or “valuable” asset classes such as business development companies (BDCs), real estate investment trusts (REITs), and preferred securities. Therefore, we have included these non-traditional, income-based asset classes in our Fund’s portfolio. As with most fixed-income investments, interest rates, yield curve shifts, and credit spreads affected the Fund's performance during the fiscal year. What Factors Influenced Performance? There were several factors that helped the Fund outperform the Index, including bond selection and spread tightening in the Fund's bond line-up. Other material factors that help outperformance were the Fund's exposure to business development companies and real estate investment trusts. These asset classes, while usually more volatile than investment grade corporate bonds, may offer superior yields over and above corporate bonds and during certain periods may have better risk adjusted performance, especially in a flat-to-increasing interest rate environment. |
Performance Past Does Not Indicate Future [Text] | The Fund's past performance is not a good indicator of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Cumulative Performance (Initial Investment of $10,000) As of Date Sound Enhanced Fixed Income ETF - $11,640 Bloomberg U.S. Universal Bond Index - $9,473 12/30/2020 10000 10000 12/31/2020 10011 10009 1/31/2021 9876 9946 2/28/2021 10001 9817 3/31/2021 10209 9703 4/30/2021 10495 9785 5/31/2021 10544 9822 6/30/2021 10698 9894 7/31/2021 10756 9993 8/31/2021 10777 9986 9/30/2021 10712 9901 10/31/2021 10890 9893 11/30/2021 10694 9905 12/31/2021 10985 9898 1/31/2022 10698 9681 2/28/2022 10436 9549 3/31/2022 10451 9293 4/30/2022 9831 8946 5/31/2022 9867 8996 6/30/2022 9311 8816 7/31/2022 9976 9038 8/31/2022 9597 8803 9/30/2022 8921 8423 10/31/2022 9146 8331 11/30/2022 9613 8642 12/31/2022 9312 8612 1/31/2023 10118 8879 2/28/2023 9893 8661 3/31/2023 9795 8864 4/30/2023 9914 8919 5/31/2023 9735 8826 6/30/2023 9946 8812 7/31/2023 10141 8821 8/31/2023 10062 8768 9/30/2023 9910 8559 10/31/2023 9621 8430 11/30/2023 10306 8810 12/31/2023 10733 9144 1/31/2024 10825 9122 2/29/2024 10894 9013 3/31/2024 11069 9101 4/30/2024 10851 8888 5/31/2024 11072 9036 6/30/2024 11097 9118 7/31/2024 11262 9325 8/31/2024 11551 9463 9/30/2024 11733 9592 10/31/2024 11531 9375 11/30/2024 11640 9473 |
Average Annual Return [Table Text Block] | Annual Performance Annualized Returns for the Periods Ended November 30, 2024 1 Year Since Inception ( 12/30/2020 Sound Enhanced Fixed Income ETF 12.94% 3.95% Bloomberg U.S. Universal Bond Index 7.53% -1.37% |
Performance Inception Date | Dec. 30, 2020 |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. |
Updated Performance Information Location [Text Block] | Visit www.soundetfs.com/fxed/ for more recent performance information. |
Net Assets | $ 42,015,000 |
Holdings Count | Holdings | 56 |
Advisory Fees Paid, Amount | $ 178,397 |
Investment Company, Portfolio Turnover | 6% |
Additional Fund Statistics [Text Block] | Key Fund Statistics (as of November 30, 2024 ) Fund Size (Thousands) $42,015 Number of Holdings 56 Total Advisory Fee Paid $178,397 Annual Portfolio Turnover 6% |
Holdings [Text Block] | What did the Fund invest in? (as of November 30, 2024 ) Sector/Security Type Breakdown (% of net assets) Sector % Financial 0.539 Exchange Traded Funds 0.125 Energy 0.093 Utilities 0.064 Consumer, Cyclical 0.06 Basic Materials 0.051 Communications 0.019 Consumer, Non-cyclical 0.019 Technology 0.017 Cash Equivalents 0.013 Percentages are based on total net assets. Cash Equivalents represents short-term investments, investments purchased with collateral from securities lending and liabilities in excess of other assets. |
Largest Holdings [Text Block] | Top Ten Holdings (% of net assets) Ares Capital Corp. 3.4 Hercules Capital, Inc. 3.4 iShares 0-5 Year High Yield Corporate Bond ETF 2.9 Golub Capital BDC, Inc. 2.9 AllianceBernstein Global High Income Fund, Inc. 2.9 PennantPark Floating Rate Capital Ltd. 2.7 Sixth Street Specialty Lending, Inc. 2.7 iShares J.P. Morgan EM High Yield Bond ETF 2.6 Murphy Oil Corp. 2.3 JPMorgan Chase & Co 2.3 |
Material Fund Change [Text Block] | How has the Fund changed? There were no material changes during the reporting period. |
Accountant Change Statement [Text Block] | Changes in and Disagreements with Accountants There were no changes in or disagreements with accountants. |
Sound Equity Dividend Income ETF | |
Shareholder Report [Line Items] | |
Fund Name | Sound Equity Dividend Income ETF |
Class Name | Sound Equity Dividend Income ETF |
Trading Symbol | DIVY |
Security Exchange Name | NYSE |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at www.soundetfs.com/divy/ (833) 916-9056 |
Additional Information Phone Number | (833) 916-9056 |
Additional Information Website | www.soundetfs.com/divy/ |
Expenses [Text Block] | What were the Fund costs for the past year? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Sound Equity Dividend Income ETF $48 0.45% |
Expenses Paid, Amount | $ 48 |
Expense Ratio, Percent | 0.45% |
Factors Affecting Performance [Text Block] | How did the Fund perform last year and what affected its performance? In fiscal 2024 (12/01/2023 - 11/30/2024) DIVY’s share price gained 15.55%. While these returns were strong, they came in below the lower yielding, higher growth, and heavily technology weighted S&P 500 Index (+46.09%) and the more financial stock weighted Russell 1000 Value Index’s (+39.3%) total, dividend reinvested returns. DIVY’s relative performance was weaker than the benchmarks largely because of the: A) ongoing drag from the Fed’s rate hiking on high dividend paying stocks, which may have made them less attractive than bonds to many yield investors, B) surge in expensive, high growth technology shares that fall outside of the Fund’s mandates, C) Fund’s relative under-weight in banking and utility shares as compared to the Russell 1000 Value Index, which performed better than expected, and D) over-weights relative to benchmarks in healthcare, materials and energy, which offered attractive yields, but less earnings growth than technology and banking. Positioning of the Fund Looking ahead, we believe that market expectations for the high technology names have lifted their share prices to precarious levels, while the gradual decline in short-term interest rates from the Fed easing may lead to a broadening out in sector performance. Also, the change in the U.S. administration to one that we believe is more favorable towards businesses, via lower regulations and a higher support for M&A will likely lead to more takeover bids for inexpensive companies like those held by the Fund, and perhaps lead to a value stock renaissance after two years of stark relative under-performance when compared to growth names. |
Performance Past Does Not Indicate Future [Text] | The Fund's past performance is not a good indicator of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Cumulative Performance (Initial Investment of $10,000) Date Sound Equity Dividend Income ETF - $15,915 S&P 500® Total Return Index - $17,158 12/30/2020 10000 10000 12/31/2020 10066 10065 1/31/2021 10185 9964 2/28/2021 11245 10238 3/31/2021 12185 10687 4/30/2021 12683 11257 5/31/2021 12983 11336 6/30/2021 12637 11600 7/31/2021 12470 11876 8/31/2021 12869 12237 9/30/2021 12483 11668 10/31/2021 12611 12485 11/30/2021 12505 12399 12/31/2021 13433 12954 1/31/2022 13484 12284 2/28/2022 13444 11916 3/31/2022 13976 12359 4/30/2022 13442 11281 5/31/2022 14320 11302 6/30/2022 13193 10369 7/31/2022 13766 11325 8/31/2022 13255 10863 9/30/2022 12135 9863 10/31/2022 13338 10661 11/30/2022 14366 11257 12/31/2022 13948 10608 1/31/2023 14753 11275 2/28/2023 14248 11000 3/31/2023 13983 11404 4/30/2023 14015 11582 5/31/2023 13088 11632 6/30/2023 13933 12400 7/31/2023 14574 12799 8/31/2023 14276 12595 9/30/2023 13826 11995 10/31/2023 13229 11742 11/30/2023 13773 12815 12/31/2023 14656 13397 1/31/2024 14570 13622 2/29/2024 14617 14349 3/31/2024 15381 14811 4/30/2024 14501 14206 5/31/2024 14920 14911 6/30/2024 14443 15446 7/31/2024 15205 15634 8/31/2024 15590 16013 9/30/2024 15630 16355 10/31/2024 15289 16206 11/30/2024 15915 17158 |
Average Annual Return [Table Text Block] | Annual Performance Annualized Returns for the Periods Ended November 30, 2024 1 Year Since Inception ( 12/30/2020 Sound Equity Dividend Income ETF 15.55% 12.59% S&P 500® Total Return Index 33.89% 14.77% |
Performance Inception Date | Dec. 30, 2020 |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. |
Updated Performance Information Location [Text Block] | Visit www.soundetfs.com/divy/ for more recent performance information. |
Net Assets | $ 31,443,000 |
Holdings Count | Holdings | 37 |
Advisory Fees Paid, Amount | $ 128,076 |
Investment Company, Portfolio Turnover | 23% |
Additional Fund Statistics [Text Block] | Key Fund Statistics (as of November 30, 2024 ) Fund Size (Thousands) $31,443 Number of Holdings 37 Total Advisory Fee Paid $128,076 Annual Portfolio Turnover 23% |
Holdings [Text Block] | What did the Fund invest in? (as of November 30, 2024 ) Sector Breakdown (% of net assets) Sector % Consumer, Non-cyclical 0.233 Financial 0.182 Energy 0.14 Communications 0.139 Industrial 0.073 Technology 0.062 Consumer, Cyclical 0.059 Basic Materials 0.054 Utilities 0.052 Cash Equivalents 0.006 Percentages are based on total net assets. Cash Equivalents represents short-term investments and other assets in excess of liabilities. |
Largest Holdings [Text Block] | Top Ten Holdings (% of net assets) AT&T, Inc. 4.7 Enbridge, Inc. 4.3 Greif, Inc. - Class B 4.2 International Business Machines Corp. 4.2 Citigroup, Inc. 3.9 M&T Bank Corp. 3.8 Omnicom Group, Inc. 3.8 LyondellBasell Industries NV - Class A 3.8 ONEOK, Inc. 3.6 Principal Financial Group, Inc. 3.3 |
Material Fund Change [Text Block] | How has the Fund changed? There were no material changes during the reporting period. |
Accountant Change Statement [Text Block] | Changes in and Disagreements with Accountants There were no changes in or disagreements with accountants. |