Anfield U.S. Equity Sector Rotation ETF
$20.01−0.04 (−0.20%)
- 0.97%
- $297M
- +23.0%
- 19.46%
- 0.1M sh
- $20.15
- low $16.09high $21.23
The ETF.net AESR Grade
D
Score 39 out of 100
- 85 of 127
Score 39 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F19 out of 100Rank 103 of 127Mission
Whether the fund did what it promised, tested against its stated mandate.C46 out of 100Rank 41 of 48Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C43 out of 100Rank 86 of 126Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B69 out of 100Rank 30 of 127Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D36 out of 100Rank 100 of 124Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A77 out of 100Rank 25 of 127
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
- 33
- 83%
- SPY
Sectors
- Technology36.7%
- Financials19.3%
- Industrials13.3%
- Health Care12.5%
- Consumer Discretionary6.5%
- Communication5.5%
- Consumer Staples3.2%
- Energy1.3%
- Materials1.0%
- Real Estate0.3%
- Utilities0.3%
Geography
- United States98.56%
- United Kingdom0.75%
- Luxembourg0.68%
AESR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
AESR$12,301
Returns run to the Oct 12, 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 | +18.3% |
| 1 month | +0.8% |
| 3 months | −1.2% |
| 1 year | +23.0% |
| 3 years | +25.7% |
| 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 | +18.3% | |
| 2025 | +20.7% | |
| 2024 | +25.3% | |
| 2023 | +21.0% | |
| 2022 | −17.5% | |
| 2021 | +25.1% | |
| 2020 | +19.6% |
AESR in the news
AESR Dividends
- 19.46%
- $3.90
- $3.90 per share
- Twice a year
Distribution history
AESR Risk
- 15.6%
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.
- 1.29
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
0.97%
AESR0.97%
- The middle half of US Active Equity funds
- Median 0.70%
100 of the 123 US Active Equity funds charge less.
Other funds in US Active Equity
- CRVERTrenchless Fund ETFExpense ratio 0.65%1 year return +15.3%
- CUSFEFirst Eagle US Equity ETFExpense ratio 0.79%1 year return —
- DFLCEThe Advisors' Inner Circle Fund II - Frontier Asset U.S. Large Cap Equity ETFExpense ratio 0.86%1 year return +17.5%
- DHELSHedgeye 130/30 Equity ETFExpense ratio 0.70%1 year return —
- DAIUPFINQ FIRST U.S. Large Cap AI-Managed Equity ETFExpense ratio 0.70%1 year return —