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Launched · SEC filings

Avory Foundational ETF

AVRYCboeF

$25.63+0.23 (+0.90%)

As of Nov 2, 2026, 3:32 PM ET

F23/ 100

Rank 116 of 126 in US Active Equity

F23/100Rank 116 of 126inUS Active Equity
Intraday session: up, 67 prints from 25.40 to 25.63. Range 25.40 to 25.90. Use the arrow keys to read each point.25.5025.7025.8025.9010 AM12 PM2 PM4 PM
Expense ratio
0.89%
Fund size
$70M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
26
Avg volume · 30D
9.02K sh
52W range
low $20.39high $26.72
Launched
Filings
SEC EDGAR

The ETF.net AVRY Grade

Based on 5 of 6 pillars

F

Score 23 out of 100

Category
US Active Equity⁠
Rank
116 of 126
Six-pillar profile for AVRY. Scores out of 100: Cost 23, Risk 7, Mission not scored, Tradability 28, Holdings 39, Durability 37. Strongest: Holdings (39). Weakest: Risk (7). Based on 5 of 6 pillars.

Score 23 of 100 falls in the F 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.
    F23 out of 100
    Rank 96 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.
    F7 out of 100
    Rank 124 of 126

  • 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 106 of 126

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D39 out of 100
    Rank 94 of 124

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D37 out of 100
    Rank 101 of 126

Our read on AVRY

ETF.net Research

In short

FMost "core" equity funds own hundreds of stocks. AVRY owns a couple dozen, chosen without a benchmark or a cash rule by a Miami boutique that runs concentrated portfolios. Core in intent, high-conviction in construction.

Stated mandate

The Fund aims for long-term capital appreciation.

Why people hold it

  • Genuinely active, not index-shaped: the manager targets roughly 20 to 30 companies, with no benchmark to hug and no cash constraint, and publishes holdings daily.yahoo.com
  • Non-diversified on purpose. It concentrates in US-listed companies above $500 million in market value, with room for ADRs and foreign names when the case is there.sec.gov
  • Runs on EA Series Trust (ETF Architect), the white-label platform that gives a boutique stock-picker institutional custody, compliance and creation plumbing.sec.gov
  • The mandate is long-term capital appreciation, so the payoff is meant to come from share prices rather than a distribution stream.

Worth knowing

  • Costs 0.89% a year, above the 0.65% median for active US equity funds and multiples of what the top-graded names in the group charge (DFAU 0.12%, AVLC 0.15%, DFAC 0.17%).
  • Launched in 2026 under a single named manager, so there is no long live track record, and the fund is still small and lightly traded.aaii.com
  • Concentration cuts both ways: with a couple dozen positions and no index guardrails, one company's move moves the fund far more than in a broad core product.yahoo.comsec.gov

AVRY Performance

Launched Jan 21, 2026

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.Not enough history yet.Not enough history yet.
AVRY$10,254
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. AVRY $10,254. SPY $10,141. Use the arrow keys to read each point.$10,000$10,250$10,500$10,750Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – 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 AVRY. Periods over one year show the average yearly return.
PeriodAVRY
Year to dateFund launched this yearNo data
1 month+2.5%
3 months+2.5%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
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 AVRY
YearReturn barAVRY
2026 YTD−1.1%

History from Jan 22, 2026

AVRY in the news

AVRY 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.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Jan 2026. No distributions yet.

AVRY Risk

Risk pillarF7 out of 100Rank 124 of 126 in US Active Equity
How much the fund’s monthly returns vary, scaled to a year.
Launched Jan 2026; fills in after 12 months
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.
Launched Jan 2026; fills in after 12 months
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.
Launched Jan 2026; fills in after 12 months
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.
1.14
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.

AVRY Cost

Compare AVRY and TACU

Overpaying vs TACU, cheapest in US Active Equity

$16,872

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

  • AVRY 0.89%

    $16,872

  • TACU 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • AVRY 0.89%
  • TACU 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530AVRY $16,872TACU $0

Year by year

YearAVRYTACUOverpaying
10$1,576$0$1,576
20$5,953$0$5,953
30$16,872$0$16,872

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