ActivePassive U.S. Equity ETF
$47.94−0.01 (−0.02%)
- 0.31%
- $2.5B
- +21.2%
- 0.72%
- 0.1M sh
- $47.95
- low $38.77high $48.17
The ETF.net APUE Grade
A
Score 78 out of 100
- 7 of 127
Score 78 of 100 falls in the A 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.A83 out of 100Rank 22 of 127Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B66 out of 100Rank 26 of 126Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A80 out of 100Rank 15 of 127Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A78 out of 100Rank 22 of 124Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A80 out of 100Rank 17 of 127
Our read on APUE
AEnvestnet's advisor model portfolio compressed into one ticker: a passive US large-cap core, in-house factor tilts, and outside stock pickers running sleeves beside them, all wrapped at 0.33%.
The Fund seeks long-term capital appreciation through a blend of active and passive U.S. equity strategies.
Why people hold it
- Three engines, one wrapper: a passive large-cap core, Envestnet's own momentum, quality and value tilts, and active sleeves handed to outside managers.prnewswire.com
- Charges 0.33%, roughly half the 0.65% median for active US equity ETFs. Multi-manager access usually arrives with a bigger toll booth.
- One of the stronger builds in a crowded active US equity field, and it has gathered multi-billion-dollar assets since launching in 2023.
Worth knowing
- The manager bench is not fixed. An SEC exemptive order lets Envestnet swap sub-advisers with board approval and no shareholder vote, as it did when adding London Co. in 2024.sec.gov
- Plainer large-cap exposure costs less: DFAU runs 0.12% and AVLC 0.15%, though neither bolts on third-party active sleeves.
- Active sleeves and factor tilts mean results can drift from a straight large-cap index in either direction, and the record only goes back to 2023.
APUE Holdings
- Stocks
- 435
- 38%
- NVDA
Sectors
- Technology38.9%
- Financials11.8%
- Communication9.2%
- Consumer Discretionary9.2%
- Health Care9.1%
- Industrials9.0%
- Consumer Staples4.4%
- Energy3.3%
- Materials2.0%
- Utilities1.6%
- Real Estate1.4%
Geography
- United States97.24%
- Ireland1.48%
- Bermuda0.39%
- Switzerland0.29%
- United Kingdom0.28%
- Singapore0.24%
- Canada0.03%
- Australia0.03%
- 0.01%
APUE 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.Not enough history yet.
APUE$12,123
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 | APUE |
|---|---|
| Year to date | +15.1% |
| 1 month | +1.9% |
| 3 months | +3.0% |
| 1 year | +21.2% |
| 3 years | +22.8% |
| 5 years | — |
| 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 | APUE |
|---|---|---|
| 2026 YTD | +15.1% | |
| 2025 | +17.5% | |
| 2024 | +23.9% | |
| 2023 | +18.4% |
APUE in the news
APUE Dividends
- 0.72%
- $0.35
- $0.35 per share
- Annual
Distribution history
APUE Risk
- 12.5%
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.
- 1.34
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.
- −18.8%
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.
- 1.00
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
APUE Cost
0.31%
APUE0.31%
- The middle half of US Active Equity funds
- Median 0.70%
20 of the 123 US Active Equity funds charge less.
Other funds in US Active Equity
- AFELCFidelity Enhanced Large Cap Core ETFExpense ratio 0.18%1 year return +22.4%
- AEBILongview Advantage ETFExpense ratio 0.34%1 year return +26.9%
- ALCTUiShares U.S. Carbon Transition Readiness Aware Active ETFExpense ratio 0.30%1 year return +18.2%
- APQUSPictet AI Enhanced US Equity ETFExpense ratio 0.22%1 year return —
- ANOEQNorthern Trust US Equity ETFExpense ratio 0.12%1 year return —