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Launched · SEC filings

City Different Investments Global Equity ETF

CDIGNasdaqD

$25.42−0.35 (−1.35%)

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

D39/ 100

Rank 28 of 44 in Global Active Equity

D39/100Rank 28 of 44inGlobal Active Equity
Intraday session: down, 79 prints from 25.77 to 25.42. Range 25.42 to 26.13. Use the arrow keys to read each point.25.6026.0010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$55M
1Y total return
+2.7%
Yield · Last 12 months
No data
Holdings
26
Avg volume · 30D
7.69K sh
52W range
low $22.78high $27.21
Launched
Filings
SEC EDGAR

The ETF.net CDIG Grade

Based on 5 of 6 pillars

D

Score 39 out of 100

Category
Global Active Equity⁠
Rank
28 of 44
Six-pillar profile for CDIG. Scores out of 100: Cost 40, Risk 22, Mission not scored, Tradability 56, Holdings 41, Durability 45. Strongest: Tradability (56). Weakest: Risk (22). Based on 5 of 6 pillars.

Score 39 of 100 falls in the D 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.
    C40 out of 100
    Rank 26 of 44

  • 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.
    F22 out of 100
    Rank 36 of 42

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B56 out of 100
    Rank 16 of 44

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C41 out of 100
    Rank 31 of 44

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C45 out of 100
    Rank 30 of 44

Our read on CDIG

ETF.net Research

In short

DA go-anywhere global stock picker from a boutique shop, launched in 2025 into a cohort ruled by cheap systematic giants. Active, unconstrained, 0.75%, and still writing its first chapter.

Stated mandate

The Fund seeks capital appreciation.

Why people hold it

  • No index to hug. The mandate is capital appreciation from stocks anywhere in the world, so the manager can move across regions without a benchmark leash.
  • One ticker for the whole equity map: US and non-US in a single holding instead of bolting together separate regional funds.
  • Plain plumbing. A registered 1940 Act ETF with no structural flags on file, meaning a 1099 at tax time rather than a K-1.

Worth knowing

  • The fee is 0.75%, above the median for active global equity and several times what systematic peers charge, such as GSWO at 0.15% and DFAW at 0.24%.
  • It launched in September 2025, so the track record is thin. There is a prospectus to read, not years of results to weigh.
  • Small and lightly traded, which usually means wider bid/ask spreads. Limit orders and steering clear of the opening and closing minutes are standard practice here.

CDIG Holdings

Holdings pillarC41 out of 100Rank 31 of 44 in Global Active Equity
Asset class
Stocks
Holdings
26
Top-10 weight
63%
Largest holding
MELI8.7%

Geography

  • United States64.22%
  • Brazil18.66%
  • United Kingdom8.05%
  • Greece4.57%
  • China2.22%
  • Mexico1.50%
  • Canada0.78%

Developed 25% · Emerging 75% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1MELIMercadoLibre Inc8.72%2,959$4.81M218
2TDWTidewater Inc8.41%53,151$4.64M137
3CVNACarvana Co8.05%65,037$4.44M275
4SDRLSeadrill Ltd7.52%78,908$4.15M67
5TLNTalen Energy Corp7.38%11,860$4.07M169
6AMZNAmazon.com Inc5.71%13,089$3.15M738
7No dataFirst American Government Obligations Fund 12/01/20314.59%2,529,022$2.53M477
8IMPPImperial Petroleum Inc4.28%463,542$2.36M1
9HLXHornbeck Offshore Services Inc4.02%312,865$2.22M27
10ICLRIcon PLC3.97%10,352$2.19M80
11AMRAlpha Metallurgical Resources Inc3.95%13,707$2.18M104
12RYCEYRolls-Royce Holdings PLC3.90%130,284$2.15M20
13LLDTFLloyds Banking Group PLC3.75%414,316$2.07M4
14SGISomnigroup International Inc3.39%29,389$1.87M155
15UBERUber Technologies Inc3.17%26,805$1.75M423

Showing 1–15 of 26 holdings

CDIG Performance

Launched Sep 16, 2025

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.
CDIG$10,270
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. CDIG $10,270. 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 CDIG. Periods over one year show the average yearly return.
PeriodCDIG
Year to date+3.4%
1 month+2.7%
3 months+2.9%
1 year+2.7%
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 CDIG
YearReturn barCDIG
2026 YTD+3.4%
2025−0.4%

History from Sep 17, 2025

CDIG in the news

CDIG Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

CDIG Risk

Risk pillarF22 out of 100Rank 36 of 42 in Global Active Equity
How much the fund’s monthly returns vary, scaled to a year.
14.6%
Annualised · 13 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.
0.02
vs 3-month T-bills · 13 months 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.
−11.4%
13 months · trough Mar 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.
0.79
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.

CDIG Cost

Compare CDIG and AVTM

Overpaying vs AVTM, cheapest in Global Active Equity

$9,924

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

  • CDIG 0.75%

    $14,482

  • AVTM 0.22% Cheapest

    $4,558

$10,000
30 years

Cost over time

  • CDIG 0.75%
  • AVTM 0.22%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530CDIG $14,482AVTM $4,558

Year by year

YearCDIGAVTMOverpaying
10$1,336$401$935
20$5,078$1,561$3,517
30$14,482$4,558$9,924

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