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Launched · SEC filings

ActivePassive U.S. Equity ETF

APUENYSE ArcaActivePassiveA

$46.53−0.17 (−0.36%)

At close: Nov 2, 2026, 4:00 PM ET

A78/ 100

Rank 8 of 126 in US Active Equity

A78/100Rank 8 of 126inUS Active Equity
Intraday session: down, 79 prints from 46.70 to 46.53. Range 46.53 to 47.20. Use the arrow keys to read each point.46.8047.0047.2010 AM12 PM2 PM4 PM
Expense ratio
0.31%
Fund size
$2.46B
1Y total return
+12.8%
Yield · Last 12 months
0.75%
Holdings
435
Avg volume · 30D
131K sh
52W range
low $38.77high $48.17
Launched
Filings
SEC EDGAR

The ETF.net APUE Grade

Based on 5 of 6 pillars

A

Score 78 out of 100

Category
US Active Equity⁠
Rank
8 of 126
Six-pillar profile for APUE. Scores out of 100: Cost 82, Risk 68, Mission not scored, Tradability 79, Holdings 79, Durability 80. Strongest: Cost (82). Weakest: Risk (68). Based on 5 of 6 pillars.

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.
    A82 out of 100
    Rank 23 of 126

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B68 out of 100
    Rank 24 of 126

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A79 out of 100
    Rank 21 of 126

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A79 out of 100
    Rank 20 of 124

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A80 out of 100
    Rank 17 of 126

Our read on APUE

ETF.net Research

In short

AThe ActivePassive pitch squeezed into one ticker: an index core, value, quality and momentum tilts, and active sleeves, all measured against the CRSP US Large Cap Index for 0.31%, with no waiver.

Stated mandate

The Fund seeks long-term capital appreciation through a blend of active and passive U.S. equity strategies.

Why people hold it

  • Blends an index core with value, quality and momentum tilts against the CRSP US Large Cap Index, so one ticker carries the whole recipe.
  • At 0.31% it sits below the typical fee in the active U.S. equity category, and that is the real price: gross and net match, no fee waiver doing the work.
  • Grew into a multi-billion-dollar fund since its 2023 launch and trades with moderate volume, not a thinly followed experiment.
  • Rates among the stronger implementations in a crowded field of active U.S. equity funds.

Worth knowing

  • You pay for the active sleeves: DFAU charges 0.12%, AVLC 0.15% and EBI 0.24% net of a waiver through December 31, 2026, for core U.S. equity exposure.
  • Blending strategies means results can drift from the CRSP large-cap benchmark in either direction. This is not an index tracker.
  • Cash comes back once or twice a year, not as a monthly paycheck.

APUE Performance

Launched May 3, 2023

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$11,277
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. APUE $11,277. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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 APUE. Periods over one year show the average yearly return.
PeriodAPUE
Year to date+11.7%
1 month−2.1%
3 months+0.9%
1 year+12.8%
3 yearsper year+21.8%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 APUE
YearReturn barAPUE
2026 YTD+11.7%
2025+17.5%
2024+23.9%
2023+18.4%

Since listing, May 3, 2023

APUE in the news

APUE 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 Nov 2, 2026.
0.75%Last 12 months
Payout per share
$0.35Last 12 months
Last payment
$0.35 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2023–2026

One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 26, 2023 $0.12; Dec 23, 2024 $0.28; Dec 23, 2025 $0.35. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 24, 2025$0.35
Dec 23, 2024Dec 24, 2024$0.28
Dec 26, 2023Dec 28, 2023$0.12

$10,000 in APUE 3 years ago paid $281 in dividends.

APUE Risk

Risk pillarB68 out of 100Rank 24 of 126 in US Active Equity
How much the fund’s monthly returns vary, scaled to a year.
12.3%
Annualised · 36 months to Oct 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.
1.40
vs 3-month T-bills · to Oct 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.
−18.8%
41 months · trough Apr 2025
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.
0.98
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.

FMP measures it over up to five years of monthly returns.

APUE Cost

Compare APUE and TACU

Overpaying vs TACU, cheapest in US Active Equity

$6,346

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • APUE 0.31%

    $6,346

  • TACU 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • APUE 0.31%
  • TACU 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530APUE $6,346TACU $0

Year by year

YearAPUETACUOverpaying
10$563$0$563
20$2,182$0$2,182
30$6,346$0$6,346

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