IVSS Applied Finance IVS US SMID ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 30.40 | Day Range | 30.55 – 30.62 |
| 52-Week Range | 25.05 – 31.38 | Volume | 1.92K |
| Avg Volume | 3.37K | AUM | $12.7M (Aug 26, 2026) |
| Expense Ratio | 0.59% | Yield (TTM) | 0.06% |
| NAV | 30.47 | Premium/Discount | +0.47% indicative |
| Inception | Dec 03, 2025 | Holdings | — |
| Issuer | Applied Finance | Exchange | NASDAQ |
| Category | Active | Index Tracked | Not stated in source data |
| CUSIP | 26923W108 | ISIN | US26923W1080 |
| Management | Actively managed (per issuer description) | ||
About this ETF
IVSS is actively managed and allocates approximately 80% of net assets to equity securities of US small- to mid-cap companies, defined as those with market capitalizations below $15 billion at purchase. These securities are believed to have potential for superior return. The investment process incorporates an Intrinsic Value Stewardship (IVS) analytical model that assesses factors such as profitability, competition, growth rate, cost of capital, and financing activities. The fund will hold at least 150 positions across various sectors but may take larger positions exceeding 5% in certain holdings or sectors. As a non-diversified fund, it invests in fewer securities than diversified funds. It also invests in convertible securities, preferred stocks, rights, warrants, real estate investment trusts (REITs), and American depositary receipts (ADRs).
Description from the fund data provider · profile as of Aug 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +1.17% | +7.82% | +11.77% | +20.99% | — | — | — | — | +20.89% |
| Total return | +1.16% | +7.81% | +11.76% | +20.98% | — | — | — | — | +20.98% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.59% | Annual cost of a $10,000 investment | $59.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 358 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | CASH AND CASH EQUIVALENTS | — | 3.58% | 0 | $1.0M |
| 2 | INTERDIGITAL INC | IDCC | 1.78% | 1.46K | $500.2K |
| 3 | STERLING INFRASTRUCTURE INC COMMON STOCK USD.01 | STRL | 1.75% | 944 | $491.4K |
| 4 | HEALTHEQUITY INC | HQY | 1.71% | 4.60K | $479.6K |
| 5 | DAVE INC. | DAVE | 1.65% | 1.39K | $464.3K |
| 6 | PJT PARTNERS INC - A | PJT | 1.58% | 2.59K | $442.5K |
| 7 | SEZZLE INC. | SEZL | 1.41% | 3.38K | $396.3K |
| 8 | BRIGHTSPRING HLTH SERVICES INC | BTSG | 1.38% | 6.52K | $388.1K |
| 9 | MERCURY GENERAL CORP | MCY | 1.26% | 3.40K | $352.8K |
| 10 | OTTER TAIL CORP | OTTR | 1.24% | 3.78K | $347.7K |
| 11 | AMNEAL PHARMACEUTICALS INC COMMON STOCK USD 0.01 | AMRX | 1.20% | 18.88K | $337.9K |
| 12 | ACI WORLDWIDE INC | ACIW | 1.19% | 6.48K | $334.3K |
| 13 | NEXTPOWER INC-CL A | NXT | 1.18% | 3.78K | $332.4K |
| 14 | SOUTHWEST GAS HOLDINGS INC COMMON STOCK USD 1 | SWX | 1.16% | 3.55K | $324.5K |
| 15 | COEUR MINING INC. | CDE | 1.15% | 15.25K | $322.0K |
| 16 | ENSIGN GROUP INC/THE | ENSG | 1.12% | 1.75K | $315.6K |
| 17 | LANTHEUS HOLDINGS INC | LNTH | 1.11% | 3.12K | $312.3K |
| 18 | QUALYS INC | QLYS | 1.09% | 1.68K | $306.3K |
| 19 | Tanger Factory Outlet Centers Inc. | SKT | 1.08% | 7.93K | $303.3K |
| 20 | FRONTDOOR INC | FTDR | 1.05% | 3.61K | $295.7K |
| 21 | TRINET GROUP INC | TNET | 1.04% | 4.24K | $291.6K |
| 22 | KINETIK HOLDINGS INC | KNTK | 0.98% | 5.08K | $276.4K |
| 23 | PACS Group Inc. | PACS | 0.94% | 6.08K | $264.8K |
| 24 | WATTS WATER TECHNOLOGIES-A | WTS | 0.89% | 679 | $251.2K |
| 25 | ACADIAN ASSET MANAGEMENT | AAMI | 0.88% | 2.73K | $248.2K |
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Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 0.06% | Paid (last 12 months) | $0.0185 |
| Frequency | Irregular | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Dec 24, 2025 | Last payment | $0.0185 (Dec 26, 2025) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 24, 2025 | Dec 24, 2025 | Dec 26, 2025 | $0.0185 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
Liquidity
| Volume today | 1.92K | Average volume | 3.37K |
| AUM | $12.7M | Premium/Discount | +0.47% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $12.7M → $12.7M |
| 1 Week | $52.6K | +0.41% | $12.7M → $12.7M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for IVSS
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.