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CVSM

GradeCNew York Stock Exchange Arca

CresAlta Small and Mid-Cap ETF

Active Equity · CresAlta · Inception 2026-05-18

$25.19−0.09 (−0.34%)

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

History starts May 18, 2026.History starts May 18, 2026.History starts May 18, 2026.
Intraday session: down, 3 prints from 25.28 to 25.19. Range 25.19 to 25.19. Use the arrow keys to read each point.$24.50$25.50$26.0010 AM12 PM2 PM4 PM
Expense ratio
0.55%
Fund size
$90M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$25.10
52W range
low $24.98high $26.96

The ETF.net CVSM Grade

C

43/ 100

Rank 38 of 66 in US Active Value⁠

Confidence Medium

Six-pillar profile for CVSM. Scores out of 100: Cost 47, Risk 52, Mission not scored, Tradability 20, Holdings 58, Durability 38. Strongest: Holdings (58). Weakest: Tradability (20). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 43 of 100 sits in the C 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.
    CScore 47
    Category rank33/66 · top 50%

  • 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 52
    Category rank35/62 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 20
    Category rank57/66 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 58
    Category rank34/66 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 38
    Category rank52/66 · bottom quartile

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

Our read on CVSM

ETF.net Research

CMost of the active value crowd fishes in large caps. CresAlta drops a size class: an actively managed quality-and-value portfolio built from the small and mid-cap range of the Russell 2500, launched in 2026.

Stated mandate

The Fund seeks long-term capital appreciation and income generation. It is actively managed and invests at least 80% of its assets in equity securities of companies whose market capitalizations fall within the Russell 2500 Index range.

Why people hold it

  1. 01Goes where much of its peer group doesn't: at least 80% of assets in stocks sized inside the Russell 2500 range, the small and mid-cap end of the US market.en.wikipedia.org
  2. 02Active, not a tracker. The index sets the size boundary; the managers pick names on stated quality and value criteria.
  3. 03Two jobs in one mandate: long-term capital appreciation plus income generation, with distributions declared on an annual schedule.
  4. 04At 0.55%, the fee lands in line with the typical active US value fund, so the down-cap, hands-on mandate isn't priced at a premium to that crowd.

Worth knowing

  1. 01That 0.55% is still several times what systematic value rivals charge, with WTV at 0.12% and AVLV at 0.15%, so the stock picking carries the burden.
  2. 02A smaller, lightly traded fund, so bid-ask spreads can run wider than the giants of the category. Worth watching your entry and exit costs.
  3. 03It opened in 2026. Short history means little evidence yet on how the manager's picks behave across a full market cycle.

CVSM Holdings

As of Sep 20, 2026, 9:31 AM
Asset class
Stocks
Holdings
—
Top-10 weight
32%
Largest holding
MSILF Government Portfolio9.0%

Geography

  • United States96.39%
  • Bermuda3.61%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—MSILF Government Portfolio9.02%8,399,041$8M24
002DTDynatrace Inc3.45%58,324$3M184
003WHDCactus Inc2.66%37,212$2M130
004VTRSViatris Inc2.61%143,480$2M266
005MSMMSC Industrial Direct Co Inc2.52%19,231$2M172
006SAFTSafety Insurance Group Inc2.49%22,411$2M107
007SJMJ M Smucker Co/The2.41%18,234$2M234
008STSensata Technologies Holding P2.36%52,420$2M150
009TYLTyler Technologies Inc2.34%6,456$2M222
010BGBunge Global SA2.31%18,633$2M260
011HIIHuntington Ingalls Industries2.27%7,748$2M227
012RFRegions Financial Corp2.20%72,030$2M310
013BKHBlack Hills Corp2.15%28,465$2M145
014RRCRange Resources Corp2.11%51,121$2M174
015LEALear Corp2.10%16,256$2M186

Showing 1–15 of 49 holdings

CVSM Performance

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

CVSM$9,908
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. CVSM $9,908. SPY $10,415. Use the arrow keys to read each point.$9,731$10,181$10,630Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – 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 CVSM. Periods over one year show the average yearly return.
PeriodCVSM
Year to dateFund launched this year—
1 month−4.3%
3 months−0.9%
1 yearFund is under 1 year old—
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 CVSM
YearReturn barCVSM
2026 YTD+0.3%

Since listing, May 18, 2026

CVSM in the news

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

CVSM 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
$0.06 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2026

One bar per payment. 1 payment in 2026 YTD. Jun 29, 2026 $0.06. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Jun 29, 2026Jun 30, 2026$0.06

CVSM Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched May 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 May 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 May 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.
−0.53
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.

CVSM Cost

Expense ratio0.55%
  • The middle half of US Active Value funds
  • Median 0.55%

32 of the 66 US Active Value funds charge less.

CVSM costs $55.00 a year on $10,000. The median US Active Value fund costs $55.00.