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Launched

Argent Focused Small Cap ETF

ALILNasdaqD

$30.21+0.02 (+0.06%)

At close: Oct 13, 2026, 4:00 PM

D30/ 100

Rank 31 of 41 in US Active Small-Cap

D30/100Rank 31 of 41inUS Active Small-Cap
Intraday session: up, 8 prints from 30.19 to 30.21. Range 30.04 to 30.21. Use the arrow keys to read each point.30.0530.0730.1030.1330.1510 AM12 PM2 PM4 PM
Expense ratio
0.74%
Fund size
$23M
1Y total return
+9.1%
Yield · Last 12 months
Data unavailable
Holdings
46
Avg volume · 30D
0M sh
NAV per share
$30.19
52W range
low $27.25high $33.36
Launched

The ETF.net ALIL Grade

D

Score 30 out of 100

Category
US Active Small-Cap⁠
Rank
31 of 41
Six-pillar profile for ALIL. Scores out of 100: Cost 34, Risk 20, Mission 64, Tradability 28, Holdings 36, Durability 40. Strongest: Mission (64). Weakest: Risk (20). Leans toward Mission.

Score 30 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.
    D34 out of 100
    Rank 27 of 41

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B64 out of 100
    Rank 8 of 10

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F20 out of 100
    Rank 36 of 38

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D28 out of 100
    Rank 32 of 41

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D36 out of 100
    Rank 33 of 41

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C40 out of 100
    Rank 29 of 41

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 Oct 12, 2026
Asset class
Stocks
Holdings
46
Top-10 weight
33%
Largest holding
NPO4.5%

Geography

  • United States97.71%
  • Canada2.29%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NPOEnpro Inc4.48%3,271$1M125
002PLUSePlus Inc4.13%10,041$940K140
003IESCIES Holdings Inc3.56%2,708$810K149
004CHEFChefs' Warehouse Inc/The3.51%6,969$800K122
005RBCRBC Bearings Inc3.29%1,489$750K162
006FROGJFrog Ltd3.21%7,150$730K116
007GRBKGreen Brick Partners Inc3.07%11,190$700K121
008LGNDLigand Pharmaceuticals Inc2.81%2,133$640K131
009HLIHoulihan Lokey Inc2.68%4,690$610K160
010BELFBBel Fuse Inc2.50%2,347$570K97
011LQDTLiquidity Services Inc2.46%12,968$560K116
012ESIElement Solutions Inc2.37%14,831$540K136
013BFHBread Financial Holdings Inc2.37%5,386$540K156
014MODModine Manufacturing Co2.37%2,998$540K121
015SKYChampion Homes Inc2.37%6,722$540K131

Showing 1–15 of 46 holdings

ALIL Performance

Launched Apr 8, 2025

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.Not enough history yet.Not enough history yet.
ALIL$10,908
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. ALIL $10,908. SPY $12,044. Use the arrow keys to read each point.$9,582$10,912$12,243Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

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.

Trailing total return for ALIL. Periods over one year show the average yearly return.
PeriodALIL
Year to date+4.4%
1 month−2.0%
3 months−4.2%
1 year+9.1%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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+4.4%
2025+6.6%

History from Apr 9, 2025

ALIL in the news

Filtered to ALIL · US Active Small-Cap

ALIL Dividends

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.
15.6%
Annualised · 17 months to Sep 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.
0.27
vs 3-month T-bills · 17 months to Sep 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%
18 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.

Other funds in US Active Small-Cap

See others