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BPH

GradeCNew York Stock Exchange Arca

BP p.l.c. ADRhedged

Leveraged · Multi-Asset & Alternatives · ADR hedged · Inception 2025-01-03

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$70.56+2.23 (+3.27%)

As of Sep 23, 2026, 3:05 PM EDT

History starts Apr 7, 2025.
Intraday session: up, 5 prints from 68.33 to 70.56. Range 68.32 to 70.56. Use the arrow keys to read each point.$68.50$69.00$69.50$70.0010 AM12 PM2 PM4 PM
Expense ratio
0.19%
Fund size
$2M
1Y return
+31.6%
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$71.71
52W range
low $51.30high $74.81

The ETF.net BPH Grade

C

40/ 100

Rank 4 of 9 in Currency-Hedged Funds⁠

Confidence Low

Six-pillar profile for BPH. Scores out of 100: Cost 55, Risk 45, Mission not scored, Tradability 46, Holdings 53, Durability 46. Strongest: Cost (55). Weakest: Risk (45). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned50This cap took−10Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 55
    Category rank2/9 · top 22%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 45
    Category rank5/9 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 46
    Category rank5/9 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 53
    Category rank2/8 · top 25%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 46
    Category rank6/9 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on BPH

ETF.net Research

CMost single-stock ETFs chase leverage. This one does the opposite: it holds BP through an ADR and pairs it with a currency contract meant to strip out the pound-dollar swing, so you get the oil major's story without the FX one.

Stated mandate

The Series seeks to provide returns that generally correspond, before fees and expenses, to BP p.l.c.'s ordinary shares in the company's local market.

Why people hold it

  1. 01The hedge is baked in. A currency contract sits alongside the BP ADR to reduce the foreign-exchange exposure that normally tags along with an overseas listing.precidian.com
  2. 020.19% a year, matching the median for its currency-hedged peer group and the same sticker as sibling ADRhedged funds like HSBH and SHEH.
  3. 03One US-listed ticker replaces the ADR-plus-forward setup a hedged investor would otherwise build by hand. Distributions come quarterly.

Worth knowing

  1. 01One company, one sector. BP drives every move here, and the hedge addresses currency, not oil prices or company-specific news.
  2. 02A small fund that trades thinly, so spreads and limit orders deserve more attention than with a heavily traded name.
  3. 03Launched in 2025, so the live record behind the hedge is still short.

BPH Holdings

As of Sep 20, 2026, 10:31 PM
Asset class
Stocks
Holdings
—
Top-10 weight
100%
Largest holding
BP97.6%

Sectors

  • Energy100.0%

Geography

  • United Kingdom100.00%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001BPBP p.l.c.97.56%45,371$2M32
002—Cash (US$)2.44%0$52K10

Showing 1–2 of 2 holdings

BPH Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

BPH$13,162
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. BPH $13,162. SPY $11,723. Use the arrow keys to read each point.$9,152$11,898$14,644Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 BPH. Periods over one year show the average yearly return.
PeriodBPH
Year to date+28.5%
1 month−1.4%
3 months+8.9%
1 year+31.6%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per 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 BPH
YearReturn barBPH
2026 YTD+28.5%
2025+25.5%

History from Apr 7, 2025

BPH in the news

ETF.net Research hasn’t filed on BPH yet — coverage lands here as it’s written.

BPH 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 Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.33 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 3 payments from 2025 to 2026 YTD. Dec 16, 2025 $0.94; Mar 16, 2026 $0.42; Jun 16, 2026 $0.33. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Jun 16, 2026Jun 23, 2026$0.33
Mar 16, 2026Mar 23, 2026$0.42
Dec 16, 2025Dec 24, 2025$0.94

BPH Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
31.5%
Annualised · 16 months to Aug 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.
1.20
vs 3-month T-bills · 16 months to Aug 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.
−22.0%
17 months · trough Jul 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.
−0.44
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.

BPH Cost

Expense ratio0.19%
  • The middle half of Currency-Hedged Funds funds
  • Median 0.19%

1 of the 9 Currency-Hedged Funds funds charge less.

BPH costs $19.00 a year on $10,000. The median Currency-Hedged Funds fund costs $19.00.