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DEMZ

GradeDNASDAQ

Democratic Large Cap Core ETF

Factor & Screened Index · RAM · Inception 2020-11-02 · SEC filings

$48.39−0.21 (−0.44%)

As of Sep 23, 2026, 1:54 PM EDT

Intraday session: down, 22 prints from 48.60 to 48.39. Range 48.24 to 48.62. Use the arrow keys to read each point.$48.20$48.30$48.50$48.6010 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$69M
1Y return
+17.4%
Yield · Last 12 months
0.86%
Holdings
42
Volume · 30D
0M sh
NAV per share
$48.29
52W range
low $39.03high $48.63

The ETF.net DEMZ Grade

D

38/ 100

Rank 44 of 48 in US ESG & Values Index

Confidence High

Six-pillar profile for DEMZ. Scores out of 100: Cost 23, Risk 46, Mission 74, Tradability 11, Holdings 32, Durability 16. Strongest: Mission (74). Weakest: Tradability (11). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 38 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 23
    Category rank36/48 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 74
    Category rank38/43 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 46
    Category rank31/48 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 11
    Category rank45/48 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 32
    Category rank43/48 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    FScore 16
    Category rank45/48 · bottom quartile

Graded as of Sep 22, 2026

Our read on DEMZ

ETF.net Research

DMost index funds sort companies by size or sector. DEMZ sorts them by politics: a passive US large-cap portfolio built from the DEMZ Political Contribution Index, running since 2020 for investors who want the screen to reflect their values.

Stated mandate

The Fund seeks to track the total-return performance of the DEMZ Political Contribution Index before fees and expenses. It uses passive indexing and generally invests in the Index’s component securities.

Why people hold it

  1. 01The values screen is a published rulebook, not a manager's mood. DEMZ holds the components of a named index and follows it passively.
  2. 02Narrow, plainly stated job: track the DEMZ Political Contribution Index before fees, in US stocks. Little room to quietly drift into something else.
  3. 03Live since November 2020, so this is a fund with real operating history behind it rather than a freshly launched concept.

Worth knowing

  1. 010.45% a year is ordinary for a themed index fund, but broad core wrappers price far lower: SCHK at 0.03% and VT at 0.06%.
  2. 02Small in assets and thinly traded. Limit orders matter more here than in mega-cap index funds, where shares change hands constantly.
  3. 03A political-contribution screen shrinks the eligible pool, so the holdings can look different from a plain US large-cap index.

DEMZ Holdings

As of Sep 20, 2026, 10:11 AM
Asset class
Stocks
Holdings
42
Top-10 weight
47%
Largest holding
MSFT6.4%

Sectors

  • Technology45.4%
  • Communication13.1%
  • Industrials10.8%
  • Financials8.1%
  • Consumer Discr.7.9%
  • Health Care6.2%
  • Cons. Staples5.1%
  • Real Estate3.5%

Geography

  • United States97.50%
  • Bermuda2.50%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001MSFTMICROSOFT CORP6.37%8,684$4M792
002AAPLAPPLE INC5.55%11,119$4M707
003NVDANVIDIA CORP5.31%16,079$4M828
004AMDADVANCED MICRO DEVICES4.80%5,778$3M618
005NDSNNORDSON CORP4.72%10,204$3M249
006METAMETA PLATFORMS INC4.58%4,638$3M683
007GOOGLALPHABET INC-CL A4.22%8,140$3M704
008LLOEWS CORP3.91%24,446$3M259
009APHAMPHENOL CORP-CL A3.76%32,678$3M441
010LRCXLAM RESEARCH CORP3.76%8,794$3M591
011COSTCOSTCO WHOLESALE CORP3.62%2,725$2M465
012XYLXYLEM INC3.57%22,376$2M287
013KLACKLA CORP3.26%12,405$2M506
014ANETARISTA NETWORKS INC2.95%9,976$2M490
015AVYAVERY DENNISON CORP2.57%10,311$2M245

Showing 1–15 of 43 holdings

DEMZ Performance

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

DEMZ$11,740
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. DEMZ $11,740. SPY $11,723. Use the arrow keys to read each point.$9,244$10,596$11,948Sep 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 DEMZ. Periods over one year show the average yearly return.
PeriodDEMZ
Year to date+13.9%
1 month+1.8%
3 months+3.8%
1 year+17.4%
3 years+23.4%per year
5 years+12.8%per year
10 yearsFund is under 10 years oldper 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 DEMZ
YearReturn barDEMZ
2026 YTD+13.9%
2025+19.8%
2024+22.9%
2023+24.4%
2022−19.0%
2021+32.7%
2020+11.1%

History from Nov 3, 2020

DEMZ in the news

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

DEMZ 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.
0.86%Last 12 months
Payout per share
$0.42Last 12 months
Last payment
$0.42 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2020–2026

One bar per payment. 6 payments from 2020 to 2026 YTD. Dec 29, 2020 $0.06; Dec 29, 2021 $0.73; Dec 28, 2022 $0.23; Dec 28, 2023 $0.27; Dec 30, 2024 $0.19; Dec 30, 2025 $0.42. Use the arrow keys to read each point.2020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Jan 7, 2026$0.42
Dec 30, 2024Jan 7, 2025$0.19
Dec 28, 2023Jan 5, 2024$0.27
Dec 28, 2022Jan 6, 2023$0.23
Dec 29, 2021Jan 6, 2022$0.73
Dec 29, 2020Jan 7, 2021$0.06

DEMZ Risk

How much the fund’s monthly returns vary, scaled to a year.
14.2%
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.
1.10
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.
−27.2%
Trough Oct 2022
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.
1.03
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.

DEMZ Cost

Expense ratio0.45%
  • The middle half of US ESG & Values Index funds
  • Median 0.23%

36 of the 48 US ESG & Values Index funds charge less.

DEMZ costs $45.00 a year on $10,000. The median US ESG & Values Index fund costs $22.50.