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Launched

Counterpoint Quantitative Equity ETF

CPAINYSECounterpointC

$51.56−1.04 (−1.98%)

As of Nov 2, 2026, 3:59 PM ET

C49/ 100

Rank 64 of 126 in US Active Equity

C49/100Rank 64 of 126inUS Active Equity
Intraday session: down, 78 prints from 52.60 to 51.56. Range 51.56 to 52.63. Use the arrow keys to read each point.51.8052.0052.2052.4010 AM12 PM2 PM4 PM
Expense ratio
0.75%*
Fund size
$546M
1Y total return
+35.0%
Yield · Last 12 months
0.68%
Holdings
52
Avg volume · 30D
69.2K sh
52W range
low $37.29high $53.96
Launched

*After a fee waiver that ends Feb 1, 2027. Without it: 0.97%.

The ETF.net CPAI Grade

C

Score 49 out of 100

Category
US Active Equity⁠
Rank
64 of 126
Six-pillar profile for CPAI. Scores out of 100: Cost 36, Risk 44, Mission 65, Tradability 52, Holdings 83, Durability 69. Strongest: Holdings (83). Weakest: Cost (36). Leans toward Holdings.

Score 49 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.
    D36 out of 100
    Rank 76 of 126

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B65 out of 100
    Rank 37 of 49

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C44 out of 100
    Rank 79 of 126

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C52 out of 100
    Rank 52 of 126

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A83 out of 100
    Rank 12 of 124

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B69 out of 100
    Rank 36 of 126

Our read on CPAI

ETF.net Research

In short

CThe AI here picks the stocks, it doesn't buy them. Counterpoint's machine-learning models rank US companies on 30-plus variables, then hold at least 50 of the top names equal-weighted, tilted toward small and mid caps.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  • The models weigh more than 30 inputs spanning value, long-term reversal, momentum, profitability, investor sentiment and price stability, and retrain at each quarterly rebalance.sec.govcounterpointfunds.com
  • Equal weighting, a floor of 50 holdings, and a target of no more than 35% in any one sector stop a single stock or hot sector from running the portfolio.counterpointfunds.com
  • A small and mid cap tilt sets it apart in a peer group crowded with large-cap core products like DFAU, FELC and AVLC.counterpointfunds.com

Worth knowing

  • At 0.75% a year it costs more than the typical active US equity ETF, and far more than cheap core rivals such as DFAU (0.12%) and FELC (0.18%).
  • Holdings come from proprietary models refined through backtesting, so you can't check any position against a published rulebook the way you can with an index fund.sec.gov
  • Launched in 2023, so the live record is short, and an equal-weighted small and mid cap book can behave very differently from a large-cap benchmark.counterpointfunds.com

CPAI Holdings

Holdings pillarA83 out of 100Rank 12 of 124 in US Active Equity
Asset class
Stocks
Holdings
52
Top-10 weight
24%
Largest holding
TDOC2.7%

Sectors

  • Technology36.3%
  • Energy19.2%
  • Health Care14.1%
  • Consumer Discretionary9.4%
  • Consumer Staples7.5%
  • Communication5.8%
  • Financials4.0%
  • Industrials2.0%
  • Materials1.8%

Geography

  • United States96.21%
  • Canada2.23%
  • Israel1.56%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1TDOCTeladoc Health, Inc.2.73%1,712,429$14.9M89
2PEverpure, Inc.2.53%101,260$13.9M309
3BOXBox, Inc.2.49%314,938$13.6M137
4ETSYEtsy, Inc.2.45%146,618$13.4M177
5RIGTransocean Ltd.2.30%1,883,637$12.6M85
6ARAntero Resources Corporation2.29%305,169$12.6M152
7DLTRDollar Tree, Inc.2.26%94,047$12.4M292
8BBRYFBlackBerry Ltd.2.22%1,327,465$12.2M3
9CLFCleveland-Cliffs, Inc.2.22%853,637$12.2M120
10MCKMcKesson Corporation2.18%12,187$12M371
11CAHCardinal Health, Inc.2.17%47,361$11.9M374
12NOGNorthern Oil & Gas, Inc.2.16%425,548$11.8M115
13HUBSHubSpot, Inc.2.15%49,141$11.8M207
14ONON Semiconductor Corporation2.11%154,171$11.6M333
15PYPLPayPal Holdings, Inc.2.11%203,289$11.6M380

Showing 1–15 of 52 holdings

CPAI Performance

Launched Nov 28, 2023

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.
CPAI$13,503
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. CPAI $13,503. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000$14,000Oct 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 CPAI. Periods over one year show the average yearly return.
PeriodCPAI
Year to date+31.2%
1 month+1.8%
3 months+4.0%
1 year+35.0%
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 CPAI
YearReturn barCPAI
2026 YTD+31.2%
2025+17.8%
2024+28.3%
2023+6.7%

History from Nov 29, 2023

CPAI in the news

CPAI 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.
0.68%Last 12 months
Payout per share
$0.36Last 12 months
Last payment
$0.36 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 14, 2023 $0.02; Dec 12, 2024 $0.14; Dec 12, 2025 $0.36. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 12, 2025Dec 17, 2025$0.36
Dec 12, 2024Dec 17, 2024$0.14
Dec 14, 2023Dec 19, 2023$0.02

$10,000 in CPAI 1 year ago paid $91.02 in dividends.

CPAI Risk

Risk pillarC44 out of 100Rank 79 of 126 in US Active Equity
How much the fund’s monthly returns vary, scaled to a year.
16.6%
Annualised · 35 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.
1.38
vs 3-month T-bills · 35 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.
−21.5%
35 months · trough Apr 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.
1.08
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.

CPAI Cost

Compare CPAI and TACU

Overpaying vs TACU, cheapest in US Active Equity

$14,482

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

  • CPAI 0.75%

    $14,482

  • TACU 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • CPAI 0.75%
  • 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$15K051015202530CPAI $14,482TACU $0

Year by year

YearCPAITACUOverpaying
10$1,336$0$1,336
20$5,078$0$5,078
30$14,482$0$14,482
How the 0.75% is worked out

Full fee 0.97%− waiver 0.22%= you pay 0.75%

The waiver ends Feb 1, 2027. After that the fee is 0.97% unless Counterpoint renews it. Source: prospectus, Jan 2026.

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