MVPL Miller Value Partners Leverage ETF
Quote as of Oct 09, 2026 19:59 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 44.88 | Day Range | 45.02 – 45.52 |
| 52-Week Range | 32.95 – 45.78 | Volume | 8.41K |
| Avg Volume | 2.69K | AUM | $32.8M (Oct 10, 2026) |
| Expense Ratio | 0.88% | Yield (TTM) | 0.88% |
| NAV | 44.88 | Premium/Discount | +1.16% indicative |
| Inception | Feb 27, 2024 | Holdings | 1 |
| Issuer | Miller Value Partners | Exchange | AMEX |
| Category | Value | Index Tracked | S&P 500 |
| CUSIP | 00777X553 | ISIN | US00777X5538 |
| Structure | Leveraged | ||
| Management | Not stated in source data | ||
About this ETF
The Miller Value Partners Leverage ETF (MVPL) is a dynamically managed fund that allocates its investments to other exchange-traded funds (ETFs) that track the S&P 500 Index. This fund has the flexibility to hold either standard (unleveraged) or amplified (leveraged) positions in the S&P 500. The specific level of exposure is determined by proprietary trading models, which are developed and employed by the fund's investment adviser, Miller Value Partners, LLC. Should these models signal that a non-leveraged strategy is warranted, the fund will then invest in an ETF whose primary objective is to mirror the performance of the S&P 500 Index.
Description from the fund data provider · profile as of Oct 10, 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 | +4.15% | +4.92% | +27.92% | +24.97% | +22.77% | — | — | — | +25.43% |
| Total return | +4.15% | +4.92% | +27.92% | +24.97% | +24.18% | — | — | — | +29.14% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.88% | Annual cost of a $10,000 investment | $88.00 |
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 Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 2 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | DIREXION DAILY S&P 500 BULL 2X ETF | SPUU | 99.96% | 143.57K | $32.7M |
| 2 | CASH / OTHER | — | 0.04% | 12.10K | $12.1K |
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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) | 0.88% | Paid (last 12 months) | $0.3982 |
| Frequency | Irregular | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Dec 18, 2025 | Last payment | $0.3982 (Dec 19, 2025) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 18, 2025 | Dec 18, 2025 | Dec 19, 2025 | $0.3982 |
| Dec 27, 2024 | Dec 27, 2024 | Dec 30, 2024 | $2.0676 |
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
| Volatility 1Y / 3Y | 22.98% / 25.01% | Sharpe 1Y / 3Y | 1.34 / 1.17 |
| Max drawdown 1Y / 3Y | -12.67% / -25.70% | Sortino 1Y | 2.01 |
| Beta vs S&P 500 (3Y) | 1.49 | Correlation vs S&P 500 (1Y) | 0.96 |
| Downside deviation 1Y | 15.37% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 8.41K | Average volume | 2.69K |
| AUM | $32.8M | Premium/Discount | +1.16% |
| 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 | -$279.3K | -0.85% | $33.0M → $32.8M |
| 1 Month | $10.3M | +47.21% | $21.7M → $32.8M |
| 1 Week | -$24.8K | -0.08% | $32.1M → $32.8M |
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 MVPL
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.