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Launched · SEC filings

Arrow Reserve Capital Management ETF

ARCMCboeArrowSharesC

$99.93−0.04 (−0.04%)

As of Nov 2, 2026, 11:44 AM ET

C46/ 100

Rank 64 of 78 in Cash & Ultra-Short Income

C46/100Rank 64 of 78inCash & Ultra-Short Income
Intraday session: down, 25 prints from 99.97 to 99.93. Range 99.93 to 99.93. Use the arrow keys to read each point.99.9499.9599.9610 AM12 PM2 PM4 PM
Expense ratio
0.50%*
Fund size
$51M
1Y total return
+3.3%
Yield · Last 12 months
3.87%
Holdings
103
Avg volume · 30D
396 sh
52W range
low $99.34high $101.26
Launched
Filings
SEC EDGAR

*After a fee waiver that ends May 31, 2027. Without it: 0.69%.

The ETF.net ARCM Grade

C

Score 46 out of 100

Category
Cash & Ultra-Short Income⁠
Rank
64 of 78
Six-pillar profile for ARCM. Scores out of 100: Cost 3, Risk 46, Mission 100, Tradability 33, Holdings 63, Durability 47. Strongest: Mission (100). Weakest: Cost (3). Leans toward Mission.

Score 46 of 100 falls in the C 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.
    F3 out of 100
    Rank 76 of 78

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 67

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C46 out of 100
    Rank 51 of 75

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D33 out of 100
    Rank 59 of 78

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B63 out of 100
    Rank 31 of 77

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C47 out of 100
    Rank 45 of 78

Our read on ARCM

ETF.net Research

In short

CArrow's boutique take on cash parking, running since 2017: preserve capital, collect current income, pay monthly. The trade-off is a 0.50% fee in a corner of the bond market where the giants charge a fraction of that.

Stated mandate

The Fund seeks to preserve capital while maximizing current income.

Why people hold it

  • Does what the label says: a reserve cash-management strategy aiming to preserve capital while maximizing current income, matching the mandate in its own filings.
  • Income is paid monthly, which fits the short-horizon cash job the fund is built for.
  • Trading since 2017, so it has operated across very different interest-rate environments instead of arriving mid-cycle.
  • A 1940 Act fund with a clearly stated fixed-income mandate, so what you own is spelled out in the prospectus.

Worth knowing

  • Fee is the headline trade-off: 0.50% against a 0.20% category median, and five times Vanguard's VUSB at 0.10%.
  • Small and thinly traded, so bid-ask spreads can run wider than the category heavyweights and larger orders can move the price.
  • In ultra-short bonds the expense ratio comes straight out of the income collected, so cost weighs more heavily here than in most categories.

ARCM Performance

Launched Mar 31, 2017

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.
ARCM$10,329
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. ARCM $10,329. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 ARCM. Periods over one year show the average yearly return.
PeriodARCM
Year to date+2.7%
1 month+0.4%
3 months+0.8%
1 year+3.3%
3 yearsper year+4.4%
5 yearsper year+3.5%
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 ARCM
YearReturn barARCM
2026 YTD+2.7%
2025+4.1%
2024+5.2%
2023+4.7%
2022+0.7%
2021−0.3%
2020+1.0%

ARCM in the news

ARCM 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 Oct 30, 2026.
3.87%Last 12 months
Payout per share
$3.87Last 12 months
Upcoming payment
$0.31 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 46 payments from 2023 to 2026 YTD. Jan 31, 2023 $0.21; Feb 28, 2023 $0.22; Mar 31, 2023 $0.35; Apr 28, 2023 $0.30; May 31, 2023 $0.34; Jun 30, 2023 $0.39; Jul 31, 2023 $0.37; Aug 31, 2023 $0.42; Sep 29, 2023 $0.37; Oct 31, 2023 $0.39; Nov 30, 2023 $0.42; Dec 26, 2023 $0.48; Jan 31, 2024 $0.36; Feb 29, 2024 $0.36; Mar 28, 2024 $0.39; Apr 30, 2024 $0.42; May 31, 2024 $0.46; Jun 28, 2024 $0.38; Jul 31, 2024 $0.45; Aug 30, 2024 $0.40; Sep 30, 2024 $0.39; Oct 31, 2024 $0.43; Nov 29, 2024 $0.36; Dec 26, 2024 $0.48; Jan 31, 2025 $0.31; Feb 28, 2025 $0.32; Mar 31, 2025 $0.37; Apr 30, 2025 $0.37; May 30, 2025 $0.35; Jun 30, 2025 $0.33; Jul 31, 2025 $0.38; Aug 29, 2025 $0.32; Sep 30, 2025 $0.32; Oct 31, 2025 $0.35; Nov 28, 2025 $0.27; Dec 26, 2025 $0.43; Jan 30, 2026 $0.21; Feb 27, 2026 $0.24; Mar 31, 2026 $0.30; Apr 30, 2026 $0.30; May 29, 2026 $0.28; Jun 30, 2026 $0.28; Jul 31, 2026 $0.32; Aug 31, 2026 $0.27; Sep 30, 2026 $0.30; Oct 30, 2026 $0.31. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Oct 30, 2026Pays Nov 4, 2026$0.31
Sep 30, 2026Oct 5, 2026$0.30
Aug 31, 2026Sep 8, 2026$0.27
Jul 31, 2026Aug 5, 2026$0.32
Jun 30, 2026Jul 6, 2026$0.28
May 29, 2026Jun 3, 2026$0.28
Apr 30, 2026May 5, 2026$0.30
Mar 31, 2026Apr 6, 2026$0.30
Feb 27, 2026Mar 4, 2026$0.24
Jan 30, 2026Feb 4, 2026$0.21
Dec 26, 2025Dec 31, 2025$0.43
Nov 28, 2025Dec 3, 2025$0.27

See all 96 payments⁠

$10,000 in ARCM 5 years ago paid $1,699 in dividends.⁠

ARCM Risk

Risk pillarC46 out of 100Rank 51 of 75 in Cash & Ultra-Short Income
How much the fund’s monthly returns vary, scaled to a year.
0.4%
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.
−0.34
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.
−3.5%
Trough Jan 2024
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.
0.03
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.

ARCM Cost

Compare ARCM and XHLF

Overpaying vs XHLF, tied cheapest in Cash & Ultra-Short Income

$9,341

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

  • ARCM 0.50%

    $9,979

  • XHLF 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • ARCM 0.50%
  • XHLF 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530ARCM $9,979XHLF $638

Year by year

YearARCMXHLFOverpaying
10$900$55$845
20$3,460$216$3,244
30$9,979$638$9,341
How the 0.50% is worked out

Full fee 0.69%− waiver 0.19%= you pay 0.50%

The waiver ends May 31, 2027. After that the fee is 0.69% unless ArrowShares renews it. Source: prospectus, May 2026.

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