Anfield U.S. Equity Sector Rotation ETF
$20.12−0.16 (−0.79%)
- Expense ratio
- 0.97%
- Fund size
- $257M
- 1Y return
- +21.0%
- Yield · Last 12 months
- 19.24%
- Volume · 30D
- 0.1M sh
- NAV per share
- $20.20
- 52W range
The ETF.net AESR Grade
Score 35 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 18Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.CScore 47Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 41Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 54Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 27Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 78Category rank
Our read on AESR
DA macro call in ETF form: AESR ranks the S&P 500's 11 sectors, then holds eight to ten sector funds in whatever mix its outlook favors. No index leash, quarterly resets, and a bill that reflects the hands-on work.
The Fund seeks capital appreciation. It is actively managed, invests in U.S. equity securities directly or through underlying ETFs, and uses macroeconomic analysis to adjust exposure among equity-market sectors.
Why people hold it
- The job is specific: rank the 11 S&P 500 sectors by macro outlook, then hold eight to ten sector ETFs in that order. Rebalanced quarterly, or sooner if conditions shift.cboe.com
- Its prospectus says it is not managed relative to an index, so sector weights can sit far from a cap-weighted 500. That freedom to look different is the whole design.sec.govcboe.com
- Trading since December 2019, it has a multi-year record across real market cycles and moderate volume for a fund of its size.
Worth knowing
- It runs 0.97% a year, above the roughly 0.70% median for active US equity funds and multiples of core options like DFAU (0.12%) or DYNF (0.26%).
- Mostly a holder of other ETFs, so those underlying funds carry their own expenses, which ride along inside your return on top of the sector calls.regentsparkfunds.comcboe.com
- Results hinge on the macro ranking being right. A wrong read on which sectors lead can push returns away from a plain 500 fund in either direction.cboe.com
AESR Holdings
- Stocks
- —
- 85%
- ARKW
Sectors
- Technology34.4%
- Financials20.7%
- Industrials13.7%
- Health Care12.8%
- Consumer Discr.6.8%
- Communication5.2%
- Cons. Staples3.4%
- Energy1.4%
- Materials1.0%
- Utilities0.3%
- Real Estate0.3%
Geography
- United States98.37%
- United Kingdom0.82%
- Luxembourg0.82%
AESR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | AESR |
|---|---|
| Year to date | +19.6% |
| 1 month | +0.8% |
| 3 months | −2.5% |
| 1 year | +21.0% |
| 3 years | +27.0% |
| 5 years | +14.2% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | AESR |
|---|---|---|
| 2026 YTD | +19.6% | |
| 2025 | +20.7% | |
| 2024 | +25.3% | |
| 2023 | +21.0% | |
| 2022 | −17.5% | |
| 2021 | +25.1% | |
| 2020 | +19.6% |
AESR in the news
ETF.net Research hasn’t filed on AESR yet — coverage lands here as it’s written.
AESR Dividends
- 19.24%
- $3.90
- $3.90 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 12, 2025 | Dec 15, 2025 | $3.90 |
| Jun 13, 2025 | Jun 18, 2025 | $0.0012 |
| Dec 12, 2024 | Dec 17, 2024 | $0.03 |
| Dec 14, 2023 | Dec 20, 2023 | $0.03 |
| Sep 14, 2023 | Sep 20, 2023 | $0.0034 |
| Jun 15, 2023 | Jun 21, 2023 | $0.02 |
| Dec 15, 2022 | Dec 21, 2022 | $0.08 |
| Sep 15, 2022 | Sep 21, 2022 | $0.0079 |
| Dec 15, 2021 | Dec 21, 2021 | $0.92 |
| Dec 30, 2020 | Jan 6, 2021 | $0.05 |
| Dec 15, 2020 | Dec 21, 2020 | $0.07 |
| Sep 15, 2020 | Sep 21, 2020 | $0.0012 |
AESR Risk
- 16.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.13
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −25.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.17
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AESR Cost
- The middle half of US Active Equity funds
- Median 0.70%
100 of the 124 US Active Equity funds charge less.