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BTR

GradeDNew York Stock Exchange Arca

Beacon Tactical Risk ETF

Active Equity · Beacon · Inception 2023-04-17

$25.81−1.89 (−6.81%)

As of Sep 23, 2026, 10:30 AM EDT

History starts Apr 18, 2023.
Intraday session: down, 2 prints from 27.70 to 25.81. Range 25.66 to 25.81. Use the arrow keys to read each point.$25.65$25.70$25.7510 AM12 PM2 PM4 PM
Expense ratio
1.61%
Fund size
$32M
1Y return
+11.0%
Yield · Last 12 months
1.18%
Holdings
3
Volume · 30D
0M sh
NAV per share
$27.68
52W range
low $24.56high $28.64

The ETF.net BTR Grade

D

25/ 100

Rank 116 of 127 in US Active Equity⁠

Confidence Medium

Six-pillar profile for BTR. Scores out of 100: Cost 6, Risk 65, Mission not scored, Tradability 18, Holdings 32, Durability 36. Strongest: Risk (65). Weakest: Cost (6). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 25 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 6
    Category rank120/127 · bottom quartile

  • 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.
    BScore 65
    Category rank28/126 · top 22%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 18
    Category rank108/127 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 32
    Category rank109/124 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 36
    Category rank105/127 · bottom quartile

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

Our read on BTR

ETF.net Research

DA tactical wrapper: BTR actively buys U.S. sector ETFs and shifts among them on Beacon's own quantitative and technical signals. You're paying a manager to work the risk dial, at a price well above the usual active-equity ETF.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  1. 01One ticker, one decision-maker: it holds U.S. sector ETFs and rotates among them on Beacon's quantitative and technical signals instead of locking you into fixed sector weights.
  2. 02Momentum is the advertised engine, so the process follows sector strength as it shows up rather than leaning on a top-down forecast.
  3. 03Risk is where it shows best: measured volatility and drawdown behavior grade out stronger than its cost or trading profile do.

Worth knowing

  1. 01Cost is the headline trade-off: 1.54% a year, against 0.12% at DFAU and 0.15% at AVLC among the strongest-rated names in its peer group.
  2. 02Small and thinly traded, so spreads can run wider than a mainstream index fund's and the fill you get depends more on how the order is placed.
  3. 03Launched in 2023, so the signal process has a short public record and hasn't been through many full market cycles.

BTR Holdings

As of Sep 20, 2026, 10:07 AM
Asset class
Other
Holdings
3
Top-10 weight
100%
Largest holding
US DOLLARS99.7%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—US DOLLARS99.70%32,012,290$32M67
002—BBH SWEEP VEHICLE0.43%138,315$138K14

Showing 1–2 of 2 holdings

BTR Performance

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

BTR$11,102
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. BTR $11,102. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 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 BTR. Periods over one year show the average yearly return.
PeriodBTR
Year to date+9.4%
1 month−2.8%
3 months+1.1%
1 year+11.0%
3 years+6.1%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 BTR
YearReturn barBTR
2026 YTD+9.4%
2025−2.2%
2024+14.5%
2023−6.7%

History from Apr 18, 2023

BTR in the news

BTR 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.
1.18%Last 12 months
Payout per share
$0.33Last 12 months
Last payment
$0.33 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 $0.21; Dec 27, 2024 $0.23; Dec 26, 2025 $0.33. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 26, 2025Jan 2, 2026$0.33
Dec 27, 2024Jan 3, 2025$0.23
Dec 26, 2023Jan 2, 2024$0.21

BTR Risk

How much the fund’s monthly returns vary, scaled to a year.
11.7%
Annualised · 36 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.
0.13
vs 3-month T-bills · 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.
−16.7%
41 months · trough May 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.
0.92
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.

BTR Cost

Expense ratio1.61%
  • The middle half of US Active Equity funds
  • Median 0.70%

115 of the 124 US Active Equity funds charge less.

BTR costs $161.00 a year on $10,000. The median US Active Equity fund costs $70.00.