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ALIL

GradeDNASDAQ

Argent Focused Small Cap ETF

Active Equity · Argent · Inception 2025-04-08

$30.46−0.03 (−0.08%)

As of Sep 23, 2026, 2:17 PM EDT

History starts Apr 9, 2025.
Intraday session: down, 12 prints from 30.49 to 30.46. Range 30.29 to 30.50. Use the arrow keys to read each point.$30.30$30.35$30.40$30.5010 AM12 PM2 PM4 PM
Expense ratio
0.74%
Fund size
$24M
1Y return
+3.4%
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$30.22
52W range
low $27.25high $33.36

The ETF.net ALIL Grade

D

27/ 100

Rank 33 of 41 in US Active Small-Cap⁠

Confidence High

Six-pillar profile for ALIL. Scores out of 100: Cost 36, Risk 17, Mission 64, Tradability 14, Holdings 34, Durability 40. Strongest: Mission (64). Weakest: Tradability (14). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 27 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.
    DScore 36
    Category rank26/41 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 64
    Category rank8/10 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 17
    Category rank36/37 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 14
    Category rank39/41 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 34
    Category rank35/41 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 40
    Category rank29/41 · mid-pack

Graded as of Sep 22, 2026

Our read on ALIL

ETF.net Research

DA boutique stock-picker's answer to small caps: one active manager hunting durable, high-quality small companies, launched in 2025. Most of this aisle is cheap rules-based machinery. This is a human making calls, and the fee reflects it.

Stated mandate

The Fund seeks long-term capital appreciation through an actively managed portfolio of equity securities issued by small-capitalization companies considered high-quality, enduring businesses.

Why people hold it

  1. 01Real stock-picking, not a factor screen: an actively managed portfolio of small-cap companies the manager judges to be high-quality, enduring businesses.
  2. 02What's in the fund matches what's on the tin. The portfolio lines up closely with the quality small-cap mandate in its own filings.
  3. 03Plain plumbing: a standard 1940 Act ETF that owns stocks. No leverage, no options overlay, no swap counterparties to think about.

Worth knowing

  1. 01Costs 0.74% a year. The category's most established names run far cheaper: AVUV and AVSC at 0.25%, DUHP at 0.20%.
  2. 02Launched in 2025, so there's no long record yet to judge the manager's picks across a full small-cap cycle.
  3. 03A small fund that trades lightly, so spreads can run wider than the household names in small-cap land.

ALIL Holdings

As of Sep 22, 2026, 10:43 PM
Asset class
Stocks
Holdings
—
Top-10 weight
36%
Largest holding
VCTR4.6%

Geography

  • United States97.78%
  • Canada2.22%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001VCTRVictory Capital Holdings Inc4.60%10,104$1M161
002NPOEnpro Inc4.27%3,400$1M125
003PLUSePlus Inc4.05%10,443$960K143
004MEDPMedpace Holdings Inc4.05%1,538$960K205
005IESCIES Holdings Inc3.84%2,816$910K141
006CHEFChefs' Warehouse Inc/The3.38%7,248$800K123
007GRBKGreen Brick Partners Inc3.34%11,637$790K124
008RBCRBC Bearings Inc3.21%1,546$760K163
009FROGJFrog Ltd2.87%7,435$680K115
010HLIHoulihan Lokey Inc2.74%4,876$650K158
011LGNDLigand Pharmaceuticals Inc2.70%2,217$640K133
012MODModine Manufacturing Co2.62%3,118$620K123
013SKYChampion Homes Inc2.53%6,989$600K133
014BFHBread Financial Holdings Inc2.53%5,599$600K158
015BELFBBel Fuse Inc2.49%2,440$590K102

Showing 1–15 of 42 holdings

ALIL Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ALIL$10,337
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. ALIL $10,337. SPY $11,723. Use the arrow keys to read each point.$9,038$10,501$11,963Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for ALIL. Periods over one year show the average yearly return.
PeriodALIL
Year to date+5.4%
1 month−3.8%
3 months−7.1%
1 year+3.4%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ALIL
YearReturn barALIL
2026 YTD+5.4%
2025+6.6%

History from Apr 9, 2025

ALIL in the news

ETF.net Research hasn’t filed on ALIL yet — coverage lands here as it’s written.

ALIL Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.07 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 23, 2025 $0.07. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 24, 2025$0.07

ALIL Risk

How much the fund’s monthly returns vary, scaled to a year.
15.7%
Annualised · 16 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.45
vs 3-month T-bills · 16 months to Aug 2026
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.

The largest fall from a peak to the low that followed.
−12.6%
17 months · trough Mar 2026
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.

How strongly the fund’s returns move with its asset-class index.
0.60
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

ALIL Cost

Expense ratio0.74%
  • The middle half of US Active Small-Cap funds
  • Median 0.55%

25 of the 39 US Active Small-Cap funds charge less.

ALIL costs $74.00 a year on $10,000. The median US Active Small-Cap fund costs $55.00.