VPX Variant Perception Cycle Aware US Equity ETF
Quote as of Aug 26, 2026 19:14 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 30.89 | Day Range | 30.87 – 30.95 |
| 52-Week Range | 23.40 – 31.56 | Volume | 6.07K |
| Avg Volume | 6.81K | AUM | $40.6M (Aug 27, 2026) |
| Expense Ratio | 0.75% | Yield (TTM) | — |
| NAV | 30.82 | Premium/Discount | +0.33% indicative |
| Inception | Mar 11, 2026 | Holdings | — |
| Issuer | Variant Perception | Exchange | AMEX |
| Category | Active | Index Tracked | Not stated in source data |
| CUSIP | 02072Q267 | ISIN | US02072Q2672 |
| Management | Actively managed (per issuer description) | ||
About this ETF
VPX seeks capital appreciation and reduced downside risk by investing in select large-cap US equity securities. The actively managed fund invests at least 80% of assets in equity securities including stocks, rights, warrants, depositary receipts, and MLPs. Portfolio construction begins with sector analysis using a proprietary capital cycle model to allocate among sectors and avoid industries likely to impede returns. Selection is based on a proprietary analysis of quality and behavioral factors such as profitability, safety, and growth. The fund considers crowding or the stocks popularity as a behavioral signal, as it believes less crowded stocks tend to outperform in volatile markets. Up to 20% may be allocated to cash and cash equivalents, determined using a quantitative model that assesses macroeconomic risk. The portfolio is continually monitored and systematically rebalanced monthly or at the managers discretion.
Description from the fund data provider · profile as of Aug 27, 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 | +3.90% | +8.08% | — | — | — | — | — | — | +25.90% |
| Total return | +3.90% | +8.07% | — | — | — | — | — | — | +25.90% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 26, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.75% | Annual cost of a $10,000 investment | $75.00 |
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. 137 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | NVIDIA Corp | NVDA | 5.04% | 12.73K | $2.7M |
| 2 | ExxonMobil Holdings Corp | XOM | 4.69% | 15.40K | $2.5M |
| 3 | Broadcom Inc | AVGO | 4.61% | 6.78K | $2.5M |
| 4 | Alphabet Inc | GOOGL | 4.48% | 7.04K | $2.4M |
| 5 | Micron Technology Inc | MU | 4.28% | 2.40K | $2.3M |
| 6 | Microsoft Corp | MSFT | 4.11% | 4.62K | $2.2M |
| 7 | Apple Inc | AAPL | 3.76% | 6.58K | $2.0M |
| 8 | Mastercard Inc | MA | 2.93% | 2.74K | $1.6M |
| 9 | Advanced Micro Devices Inc | AMD | 2.77% | 3.18K | $1.5M |
| 10 | JPMORGAN CHASE & CO. | JPM | 2.47% | 3.81K | $1.3M |
| 11 | Meta Platforms Inc | META | 2.40% | 2.37K | $1.3M |
| 12 | Vanguard Morningstar Total Stock Market ETF | VTI | 2.27% | 3.25K | $1.2M |
| 13 | Chevron Corp | CVX | 1.99% | 5.28K | $1.1M |
| 14 | Visa Inc | V | 1.70% | 2.47K | $920.0K |
| 15 | Newmont Corp | NEM | 1.46% | 5.98K | $790.0K |
| 16 | Applied Materials Inc | AMAT | 1.40% | 1.54K | $760.0K |
| 17 | Linde PLC | LIN | 1.40% | 1.55K | $760.0K |
| 18 | Lam Research Corp | LRCX | 1.40% | 2.44K | $760.0K |
| 19 | Caterpillar Inc | CAT | 1.24% | 812 | $670.0K |
| 20 | Bank of America Corp | BAC | 1.20% | 10.53K | $650.0K |
| 21 | Freeport-McMoRan Inc | FCX | 1.16% | 8.26K | $630.0K |
| 22 | Citigroup Inc | C | 1.07% | 4.42K | $580.0K |
| 23 | ConocoPhillips | COP | 1.05% | 4.25K | $570.0K |
| 24 | Taiwan Semiconductor Manufacturing Co Ltd | TSM | 1.05% | 1.36K | $570.0K |
| 25 | Enterprise Products Partners LP | EPD | 1.03% | 14.73K | $560.0K |
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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) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund — it may not pay them, or history has not loaded yet.
Risk Statistics
Liquidity
| Volume today | 6.07K | Average volume | 6.81K |
| AUM | $40.6M | Premium/Discount | +0.33% |
| 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% | $40.6M → $40.6M |
| 1 Week | -$173.9K | -0.43% | $40.6M → $40.6M |
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 VPX
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.