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Launched · SEC filings

Acquirers Small and Micro Deep Value ETF

DEEPNYSE ArcaAcquirers FundsD

$42.21−0.10 (−0.24%)

As of Nov 10, 2026, 11:25 AM ET

D31/ 100

Rank 38 of 40 in US Value Index

D31/100Rank 38 of 40inUS Value Index
Intraday session: down, 24 prints from 42.31 to 42.21. Range 42.11 to 42.33. Use the arrow keys to read each point.42.1042.1542.2510 AM12 PM2 PM4 PM
Expense ratio
0.80%
Fund size
$25M
1Y total return
+26.9%
Yield · Last 12 months
2.07%
Holdings
100
Avg volume · 30D
1.89K sh
52W range
low $33.09high $44.44
Launched
Filings
SEC EDGAR

The ETF.net DEEP Grade

D

Score 31 out of 100

Category
US Value Index⁠
Rank
38 of 40
Six-pillar profile for DEEP. Scores out of 100: Cost 0, Risk 14, Mission 80, Tradability 14, Holdings 57, Durability 40. Strongest: Mission (80). Weakest: Cost (0). Leans toward Mission.

Score 31 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.
    F0 out of 100
    Rank 40 of 40

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A80 out of 100
    Rank 24 of 37

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F14 out of 100
    Rank 38 of 39

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F14 out of 100
    Rank 39 of 40

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B57 out of 100
    Rank 20 of 40

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C40 out of 100
    Rank 31 of 40

Our read on DEEP

ETF.net Research

In short

DMost small-cap funds buy the whole haystack. DEEP runs the Acquirer's Multiple, the buyout-firm yardstick of enterprise value to operating earnings, across the smallest 75% of US stocks and keeps about 100 names. Deep value, micro-cap deep, at a boutique price.

Stated mandate

Seeks to track the performance of the Acquirers Deep Value Index before fees and expenses. The Fund uses passive indexing and focuses on small- and micro-cap stocks selected for undervaluation, fundamental strength, liquidity, and financial resilience.

Why people hold it

  • Ranks on the Acquirer's Multiple (enterprise value to operating earnings), the same yardstick activists and buyout firms use to price targets, then holds about 100 of the cheapest fundamentally strong names.bloomberg.commarketscreener.com
  • Fishes in the smallest 75% of US listed stocks, reaching micro-caps that Russell 2000 trackers like IWM and VTWO largely leave on the shelf.aaii.com
  • Rules-based and passive: the index does the picking and the fund replicates its components, and it has stayed close to that stated mandate.aaii.comusnews.com

Worth knowing

  • The 0.80% fee sits well above the 0.25% typical for its small-cap cohort, and plain trackers like VB and SCHA charge 0.03%. Boutique pricing for a niche screen.
  • A small, thinly traded fund holding micro-caps. Spreads can run wider than on the cohort's heavily traded giants, so how you place the order matters more here.
  • Today's small and micro deep-value mandate dates to a 2020 index change. The ticker launched in 2014 running a different, large-cap-focused strategy, so the full record is not apples to apples.prnewswire.com

DEEP Performance

Launched Sep 23, 2014

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

DEEP$12,689
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. DEEP $12,689. SPY $11,339. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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 DEEP. Periods over one year show the average yearly return.
PeriodDEEP
Year to date+20.1%
1 month+1.2%
3 months−3.2%
1 year+26.9%
3 yearsper year+13.2%
5 yearsper year+3.8%
10 yearsper year+8.3%

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 DEEP
YearReturn barDEEP
2026 YTD+20.1%
2025+5.7%
2024−3.0%
2023+22.3%
2022−17.7%
2021+35.6%
2020−10.2%

DEEP in the news

DEEP 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 Nov 9, 2026.
2.07%Last 12 months
Payout per share
$0.88Last 12 months
Last payment
$0.11 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 14, 2017 $0.11; Jun 13, 2017 $0.06; Sep 19, 2017 $0.10; Dec 28, 2017 $0.39; Mar 13, 2018 $0.08; Jun 12, 2018 $0.31; Sep 18, 2018 $0.07; Dec 28, 2018 $0.38; Mar 12, 2019 $0.06; Jun 11, 2019 $0.31; Sep 17, 2019 $0.10; Dec 30, 2019 $0.66; Mar 17, 2020 $0.74; Jun 16, 2020 $0.23; Sep 15, 2020 $0.02; Dec 24, 2020 $0.14; Mar 16, 2021 $0.07; Jun 15, 2021 $0.16; Sep 14, 2021 $0.01; Dec 15, 2021 $0.29; Mar 15, 2022 $0.03; Jun 14, 2022 $0.11; Sep 13, 2022 $0.005; Dec 13, 2022 $0.24; Mar 14, 2023 $0.09; Jun 13, 2023 $0.17; Sep 12, 2023 $0.02; Dec 26, 2023 $0.34; Mar 25, 2024 $0.07; Jun 24, 2024 $0.14; Sep 24, 2024 $0.0093; Dec 30, 2024 $0.45; Mar 27, 2025 $0.26; Jun 26, 2025 $0.02; Sep 29, 2025 $0.04; Dec 30, 2025 $0.33; Mar 27, 2026 $0.22; Jun 26, 2026 $0.22; Sep 28, 2026 $0.11. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 28, 2026Sep 30, 2026$0.11
Jun 26, 2026Jun 30, 2026$0.22
Mar 27, 2026Mar 31, 2026$0.22
Dec 30, 2025Dec 31, 2025$0.33
Sep 29, 2025Sep 30, 2025$0.04
Jun 26, 2025Jun 27, 2025$0.02
Mar 27, 2025Mar 28, 2025$0.26
Dec 30, 2024Dec 31, 2024$0.45
Sep 24, 2024Sep 25, 2024$0.0093
Jun 24, 2024Jun 25, 2024$0.14
Mar 25, 2024Mar 27, 2024$0.07
Dec 26, 2023Dec 28, 2023$0.34

See all 48 payments⁠

$10,000 in DEEP 10 years ago paid $2,977 in dividends.⁠

DEEP Risk

Risk pillarF14 out of 100Rank 38 of 39 in US Value Index
How much the fund’s monthly returns vary, scaled to a year.
18.4%
Annualised · 36 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.
0.53
vs 3-month T-bills · 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.
−28.4%
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.
0.99
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.

DEEP Cost

Compare DEEP and VTV

Overpaying vs VTV, tied cheapest in US Value Index

$14,708

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

  • DEEP 0.80%

    $15,346

  • VTV 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • DEEP 0.80%
  • VTV 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530DEEP $15,346VTV $638

Year by year

YearDEEPVTVOverpaying
10$1,422$55$1,367
20$5,393$216$5,177
30$15,346$638$14,708

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