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Launched · SEC filings

Democratic Large Cap Core ETF

DEMZNasdaqC

$47.41−0.03 (−0.06%)

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

C43/ 100

Rank 43 of 48 in US ESG & Values Index

C43/100Rank 43 of 48inUS ESG & Values Index
Intraday session: down, 79 prints from 47.44 to 47.41. Range 47.41 to 48.06. Use the arrow keys to read each point.47.6047.7047.8047.9048.0010 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$68M
1Y total return
+10.9%
Yield · Last 12 months
0.88%
Holdings
43
Avg volume · 30D
2.46K sh
52W range
low $39.03high $49.67
Launched
Filings
SEC EDGAR

The ETF.net DEMZ Grade

C

Score 43 out of 100

Category
US ESG & Values Index⁠
Rank
43 of 48
Six-pillar profile for DEMZ. Scores out of 100: Cost 22, Risk 50, Mission 72, Tradability 44, Holdings 34, Durability 18. Strongest: Mission (72). Weakest: Durability (18). Leans toward Mission.

Score 43 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.
    F22 out of 100
    Rank 37 of 48

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A72 out of 100
    Rank 38 of 43

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C50 out of 100
    Rank 24 of 48

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C44 out of 100
    Rank 26 of 48

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D34 out of 100
    Rank 42 of 48

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F18 out of 100
    Rank 45 of 48

Our read on DEMZ

ETF.net Research

In short

CMost 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

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

Worth knowing

  • 0.45% 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%.
  • Small in assets and thinly traded. Limit orders matter more here than in mega-cap index funds, where shares change hands constantly.
  • A political-contribution screen shrinks the eligible pool, so the holdings can look different from a plain US large-cap index.

DEMZ Holdings

Holdings pillarD34 out of 100Rank 42 of 48 in US ESG & Values Index
Asset class
Stocks
Holdings
43
Top-10 weight
44%
Largest holding
MSFT5.2%

Sectors

  • Technology44.7%
  • Communication12.7%
  • Financials9.8%
  • Industrials9.4%
  • Consumer Discretionary7.7%
  • Health Care6.6%
  • Consumer Staples5.4%
  • Real Estate3.6%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1MSFTMicrosoft Corp5.20%6,731$3.51M819
2AAPLApple Inc5.07%9,942$3.43M723
3LLoews Corp4.84%29,373$3.27M259
4NVDANVIDIA Corp4.62%15,275$3.13M848
5COSTCostco Wholesale Corp4.49%2,998$3.03M480
6LRCXLam Research Corp4.18%11,819$2.83M603
7NDSNNordson Corp4.10%8,598$2.77M253
8APHAmphenol Corp-Cl A4.01%34,201$2.71M460
9GOOGLAlphabet Inc-Cl A3.99%9,646$2.7M707
10KLACKla Corp3.70%15,862$2.5M514
11AMDAdvanced Micro Devices3.67%4,917$2.48M638
12METAMeta Platforms Inc3.35%3,683$2.27M708
130U96.LEverest Group Ltd3.21%5,288$2.17M50
14AVYAvery Dennison Corp2.90%10,771$1.96M250
15ADPAutomatic Data Processing2.67%6,153$1.81M438

Showing 1–15 of 43 holdings

DEMZ Performance

Launched Nov 2, 2020

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.
DEMZ$11,090
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. DEMZ $11,090. SPY $11,199. Use the arrow keys to read each point.$9,000$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 DEMZ. Periods over one year show the average yearly return.
PeriodDEMZ
Year to date+11.2%
1 month−2.3%
3 months+1.4%
1 year+10.9%
3 yearsper year+23.2%
5 yearsper year+11.7%
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 DEMZ
YearReturn barDEMZ
2026 YTD+11.2%
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

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 Oct 30, 2026.
0.88%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

$10,000 in DEMZ 5 years ago paid $618 in dividends.

DEMZ Risk

Risk pillarC50 out of 100Rank 24 of 48 in US ESG & Values Index
How much the fund’s monthly returns vary, scaled to a year.
13.7%
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.
1.28
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.
−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.

FMP measures it over up to five years of monthly returns.

DEMZ Cost

Compare DEMZ and USCL

Overpaying vs USCL, tied cheapest in US ESG & Values Index

$7,352

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

  • DEMZ 0.45%

    $9,041

  • USCL 0.08% Tied cheapest

    $1,689

$10,000
30 years

Cost over time

  • DEMZ 0.45%
  • USCL 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530DEMZ $9,041USCL $1,689

Year by year

YearDEMZUSCLOverpaying
10$812$147$665
20$3,128$575$2,553
30$9,041$1,689$7,352

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