NDOW Anydrus Advantage ETF
Quote as of Nov 02, 2026 20:59 UTC · Quotes are refreshed hourly from the data provider, so during market hours a price can be up to about 1–2 hours old; each quote shows its own timestamp.
| Previous Close | 28.32 | Day Range | 28.24 – 28.48 |
| 52-Week Range | 26.88 – 30.05 | Volume | 10.01K |
| Avg Volume | 13.55K | AUM | $67.2M (Nov 03, 2026) |
| Expense Ratio | 2.11% | Yield (TTM) | 1.21% |
| NAV | 28.31 | Premium/Discount | -0.25% indicative |
| Inception | May 14, 2024 | Holdings | 73 |
| Issuer | Anydrus | Exchange | CBOE |
| Category | Developed Markets | Index Tracked | Not stated in source data |
| CUSIP | 19423L458 | ISIN | US19423L4582 |
| Management | Actively managed (per issuer description) | ||
About this ETF
NDOW is an actively managed ETF that takes advantage of an Endowment Model aligned with how some large institutions manage money. The fund aims for total return by investing in a broad range of asset classes from around the world, which includes equities, fixed income, physical commodities, and other ETFs. The portfolio is expected to tilt toward lower-risk investments, with more aggressive shifts during favorable market conditions. The fund selects assets by utilizing rules-based, quantitative systems and discretionary analysis. The portfolio is managed by analyzing an assets fundamental, market-related, technical, and statistical characteristics. With the flexibility to invest regardless of market capitalization, maturity, or credit quality, the fund targets for exposure of 30-70% in equities and/or fixed income, 0-30% alternative assets, and 0-70% in cash or money market funds. The fund may hedge up to 10% of the portfolio through futures contracts.
Description from the fund data provider · profile as of Nov 03, 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 | -1.71% | -2.59% | -2.01% | +2.43% | +2.88% | — | — | — | +4.84% |
| Total return | -1.71% | -2.59% | -2.01% | +2.43% | +4.17% | — | — | — | +5.96% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Nov 02, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 2.11% | Annual cost of a $10,000 investment | $211.00 |
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 list retrieved Oct 31, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 73 holdings stored.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | ISHARES FLOATING RATE BOND E | FLOT | 4.84% | 64.35K | $3.3M |
| 2 | JANUS HENDERSON AAA CLO ETF JANUS HENDERSON AAA… | JAAA | 4.77% | 63.88K | $3.2M |
| 3 | PGIM AAA CLO ETF | PAAA | 4.59% | 60.47K | $3.1M |
| 4 | NVIDIA CORP | NVDA | 4.02% | 12.77K | $2.7M |
| 5 | FIRST TRUST LONG/SHORT EQTY | FTLS | 3.85% | 33.98K | $2.6M |
| 6 | VANECK JPM EM LOCAL CURR BND | EMLC | 3.52% | 97.07K | $2.4M |
| 7 | ALTSHARES MERGER ARBITRAG | — | 3.48% | 78.43K | $2.4M |
| 8 | SCHWAB SHORT-TERM U.S ETF | SCHO | 3.19% | 90.14K | $2.2M |
| 9 | APPLE INC | AAPL | 3.16% | 6.14K | $2.1M |
| 10 | MICROSOFT CORP | MSFT | 2.82% | 3.61K | $1.9M |
| 11 | FRANKLIN SYSTEMATIC STYLE | FLSP | 2.60% | 61.21K | $1.8M |
| 12 | FRANKLIN SENIOR LOAN ETF FRANKLIN SENIOR LOAN… | FLBL | 2.52% | 74.78K | $1.7M |
| 13 | SPDR BBG BARC IG FLOATING RT | FLRN | 2.51% | 55.20K | $1.7M |
| 14 | ALPHABET INC-CL C | GOOG | 2.18% | 5.25K | $1.5M |
| 15 | ASML HOLDING NV-NY REG SHS | ASML | 2.16% | 874 | $1.5M |
| 16 | AMAZON.COM INC | AMZN | 2.02% | 5.62K | $1.4M |
| 17 | Taiwan Semiconductor Manufacturing Co. Ltd.… | TSM | 1.95% | 3.06K | $1.3M |
| 18 | IQ MERGER ARBITRAGE ETF | MNA | 1.80% | 33.09K | $1.2M |
| 19 | MICRON TECHNOLOGY INC | MU | 1.74% | 1.26K | $1.2M |
| 20 | AGF US MARKET NEUTRAL ANT | BTAL | 1.62% | 85.96K | $1.1M |
| 21 | WISDOMTREE EM SMALL CAP | DGS | 1.59% | 18.15K | $1.1M |
| 22 | Broadcom Inc. | AVGO | 1.58% | 3.10K | $1.1M |
| 23 | ABBVIE INC | ABBV | 1.31% | 3.05K | $885.7K |
| 24 | CASH AND CASH EQUIVALENTS | — | 1.23% | 837.22K | $837.2K |
| 25 | MASTERCARD INC - A | MA | 1.21% | 1.29K | $818.1K |
| 26 | MONOLITHIC POWER SYSTEMS INC | MPWR | 1.14% | 647 | $775.6K |
| 27 | JACK HENRY | JKHY | 1.09% | 4.62K | $736.8K |
| 28 | ISHARES 25+ YEAR TREASURY | GOVZ | 1.01% | 20.34K | $682.1K |
| 29 | MCKESSON CORP | MCK | 0.99% | 683 | $669.9K |
| 30 | PROCTER & GAMBLE CO/THE | PG | 0.98% | 4.13K | $662.8K |
| 31 | VERTEX PHARMACEUTICALS INC | VRTX | 0.94% | 1.18K | $634.5K |
| 32 | SentinelOne Inc. Class A | S | 0.91% | 24.04K | $617.9K |
| 33 | PHILLIPS 66 | PSX | 0.90% | 2.24K | $613.2K |
| 34 | DANAHER CORP | DHR | 0.86% | 2.47K | $585.8K |
| 35 | JPMORGAN CHASE & CO | JPM | 0.86% | 1.70K | $585.5K |
| 36 | MCDONALDS CORP | MCD | 0.84% | 2.21K | $569.3K |
| 37 | VEEVA SYSTEMS INC-CLASS A | VEEV | 0.82% | 1.80K | $558.9K |
| 38 | LINDE PLC | LIN.DE | 0.82% | 1.11K | $558.0K |
| 39 | HARTFORD FINANCIAL SVCS GRP | HIG | 0.81% | 4.19K | $552.8K |
| 40 | Ulta Beauty Inc. | ULTA | 0.81% | 847 | $549.1K |
| 41 | JOHNSON & JOHNSON | JNJ | 0.80% | 1.97K | $542.1K |
| 42 | VISA INC-CLASS A SHARES | V | 0.79% | 1.31K | $537.8K |
| 43 | NEUROCRINE BIOSCIENCES INC | NBIX | 0.77% | 3.58K | $524.6K |
| 44 | BANK OF NEW YORK MELLON CORP | BNY | 0.77% | 3.50K | $522.2K |
| 45 | BP PLC-SPONS ADR | BP | 0.75% | 10.11K | $509.2K |
| 46 | PARKER-HANNIFIN CORP COMMON STOCK USD 0.5 | PH | 0.75% | 546 | $506.9K |
| 47 | BOSTON SCIENTIFIC CORP | BSX | 0.73% | 11.66K | $497.9K |
| 48 | BEONE MEDICINES LTD | ONC | 0.73% | 1.33K | $496.0K |
| 49 | Sea Ltd ADR | SE | 0.72% | 6.42K | $491.5K |
| 50 | HITACHI LTD -ADR | HTHIY | 0.72% | 14.86K | $485.2K |
| 51 | EQUINIX INC | EQIX | 0.67% | 440 | $456.1K |
| 52 | ENTERGY CORP | ETR | 0.67% | 4.15K | $456.0K |
| 53 | TOTAL SA | TTE.PA | 0.65% | 4.66K | $437.7K |
| 54 | HONEYWELL INTERNATIONAL INC HONIV | HON | 0.63% | 1.94K | $429.8K |
| 55 | ATLAS COPCO AB-SPONS ADR A | ATLKY | 0.63% | 22.37K | $427.0K |
| 56 | HAMILTON LANE INC CLASS A COMMON STOCK | HLNE | 0.62% | 4.91K | $420.6K |
| 57 | WALT DISNEY CO/THE | DIS | 0.62% | 3.78K | $418.9K |
| 58 | CINTAS CORP | CTAS | 0.58% | 1.81K | $393.8K |
| 59 | ROLLS-ROYCE HOLDINGS-SP ADR | RYCEY | 0.58% | 22.92K | $391.7K |
| 60 | DUKE ENERGY CORP | DUK | 0.57% | 3.10K | $389.9K |
| 61 | NATIONAL GRID PLC-SP ADR | NGG | 0.57% | 4.57K | $384.8K |
| 62 | NEXTERA ENERGY INC | NEE | 0.55% | 4.56K | $374.6K |
| 63 | SAP SE Sponsored ADR | SAP | 0.54% | 1.57K | $367.0K |
| 64 | UNILEVER PLC | UL | 0.53% | 5.64K | $361.8K |
| 65 | ICICI Bank Limited (ADR) | IBN | 0.52% | 12.09K | $352.0K |
| 66 | Kimberly-Clark Corp | KMB | 0.50% | 3.11K | $342.6K |
| 67 | NETFLIX INC | NFLX | 0.50% | 5.44K | $337.4K |
| 68 | AUTOZONE INC | AZO | 0.49% | 107 | $335.7K |
| 69 | The Charles Schwab Corporation | SCHW | 0.45% | 3.42K | $306.0K |
| 70 | PEPSICO INC | PEP | 0.45% | 2.27K | $304.2K |
| 71 | MIZUHO FINANCIAL GROUP-ADR | MFG | 0.44% | 30.14K | $301.1K |
| 72 | E.ON SE -SPONSORED ADR | EONGY | 0.39% | 12.57K | $265.8K |
| 73 | EQT CORP | EQT | 0.27% | 3.38K | $184.5K |
Click a ticker to see every ETF that owns it.
Sector Exposure
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) | 1.21% | Paid (last 12 months) | $0.3420 |
| Frequency | Annual | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Dec 16, 2025 | Last payment | $0.3420 (Dec 17, 2025) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 16, 2025 | Dec 16, 2025 | Dec 17, 2025 | $0.3420 |
| Dec 27, 2024 | Dec 27, 2024 | Dec 30, 2024 | $0.0080 |
| Dec 17, 2024 | Dec 17, 2024 | Dec 18, 2024 | $0.3290 |
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 | 9.51% / — | Sharpe 1Y / 3Y | 0.021 / — |
| Max drawdown 1Y / 3Y | -7.17% / — | Sortino 1Y | 0.028 |
| Beta vs S&P 500 (3Y) | 0.454 | Correlation vs S&P 500 (1Y) | 0.837 |
| Downside deviation 1Y | 6.89% | Risk-free rate used | 3.99% (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 Nov 03, 2026. Formulas →
Liquidity
| Volume today | 10.01K | Average volume | 13.55K |
| AUM | $67.2M | Premium/Discount | -0.25% |
| 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 Week | -$4.6M | -6.29% | $72.6M → $67.2M |
| 1 Month | -$142.6K | -0.21% | $68.3M → $67.2M |
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 NDOW
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.