Investment objective & strategy
As of March 30, 2026 · prospectusObjective. The Fund seeks investment results that correspond generally, before fees and expenses, to the performance of the Barrons 400 SM Index (ticker symbol B400) (the Underlying Index).
Strategy. The Fund seeks investment results that correspond generally, before fees and expenses, to the performance of the Underlying Index. The Underlying Index is a rules-based index intended to give investors a means of tracking the overall performance of high performing equity securities of U.S. companies. The Fund will invest at least 80% of its total assets in the equity securities which comprise the Underlying Index. The Underlying Index generally consists of 400 stocks. The Underlying Indexs stocks are constituents of the MarketGrader U.S. Coverage Universe. In compiling the Underlying Index, MarketGrader Capital, LLC (the Index Provider) selects the 400 stocks from MarketGraders U.S. Coverage Universe by using a methodology that selects components based on the strength of their fundamentals in … The Fund seeks investment results that correspond generally, before fees and expenses, to the performance of the Underlying Index. The Underlying Index is a rules-based index intended to give investors a means of tracking the overall performance of high performing equity securities of U.S. companies. The Fund will invest at least 80% of its total assets in the equity securities which comprise the Underlying Index. The Underlying Index generally consists of 400 stocks. The Underlying Indexs stocks are constituents of the MarketGrader U.S. Coverage Universe. In compiling the Underlying Index, MarketGrader Capital, LLC (the Index Provider) selects the 400 stocks from MarketGraders U.S. Coverage Universe by using a methodology that selects components based on the strength of their fundamentals in growth, value, profitability and cash flow and then screens such potential Underlying Index components for certain criteria regarding concentration, market capitalization and liquidity. The eligible stocks that are selected for inclusion in the Underlying Indexs portfolio are equally weighted. The Underlying Index is rebalanced by the Index Provider semiannually, on the third Friday of March and September each year.
Top holdings
As of Feb. 28, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| WESTERN DIGITAL CORP | — | $1.41M | 0.67% |
| MICRON TECHNOLOGY INC | — | $1.29M | 0.61% |
| APPLIED MATERIALS INC | — | $1.09M | 0.52% |
| HECLA MINING CO | — | $1.08M | 0.52% |
| ATI INC | — | $1.06M | 0.50% |
| Southern Copper Corporation COM USD0.01 | SCCO US | $1.02M | 0.48% |
| HUNTINGTON BANCSHARES INC | — | $997.47K | 0.47% |
| LAM RESEARCH CORP | — | $986.55K | 0.47% |
| ARGAN INC | — | $954.39K | 0.45% |
| CORNING INC | — | $950.55K | 0.45% |
Portfolio moves
Nov 30, 2025 → Feb 28, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| VictoryShares US 500 Volatility Wtd ETF · CFA | 32% | 0.35% |
| VictoryShares US 500 Enhanced Volatility Wtd ETF · CFO | 32% | 0.35% |
| First Trust Multi Cap Growth AlphaDEX Fund · FAD | 31% | 0.63% |
Advisers
| Firm | Role |
|---|---|
| ALPS Advisors, Inc. | Adviser |
Footnotes
- Expense ratio as of March 30, 2026, from the fund's prospectus.
- Net assets and holdings count as of February 28, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. As reported in the fund's prospectus performance bar chart.
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