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Launched · SEC filings

Longview Advantage ETF

EBINasdaqA

$66.89+0.25 (+0.37%)

At close: Oct 13, 2026, 4:00 PM

A79/ 100

Rank 6 of 127 in US Active Equity

A79/100Rank 6 of 127inUS Active Equity
Intraday session: up, 18 prints from 66.65 to 66.89. Range 66.59 to 66.92. Use the arrow keys to read each point.66.6066.7066.7566.8066.8510 AM12 PM2 PM4 PM
Expense ratio
0.34%
Fund size
$689M
1Y total return
+26.9%
Yield · Last 12 months
1.09%
Holdings
1744
Avg volume · 30D
0M sh
NAV per share
$66.55
52W range
low $53.55high $68.15
Launched
Filings
SEC EDGAR

The ETF.net EBI Grade

A

Score 79 out of 100

Category
US Active Equity⁠
Rank
6 of 127
Six-pillar profile for EBI. Scores out of 100: Cost 81, Risk 82, Mission 72, Tradability 74, Holdings 89, Durability 65. Strongest: Holdings (89). Weakest: Durability (65). Leans toward Holdings.

Score 79 of 100 falls in the A 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.
    A81 out of 100
    Rank 24 of 127

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A72 out of 100
    Rank 32 of 48

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A82 out of 100
    Rank 7 of 126

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A74 out of 100
    Rank 27 of 127

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A89 out of 100
    Rank 4 of 124

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B65 out of 100
    Rank 45 of 127

Our read on EBI

ETF.net Research

AAn evidence-based US stock fund built on the idea that staying small is the edge: valuation timing, a momentum tilt, and no index to hug, priced closer to a plain index fund than to the usual active manager.

Stated mandate

The Fund seeks long-term capital appreciation through an actively managed investment approach.

Why people hold it

  1. 01Costs 0.25% a year, a fraction of what the typical actively managed US equity ETF charges. Fees are the one input a fund controls outright.
  2. 02Run by a former DFA portfolio manager. The firm's stated case: a smaller book can trade value and momentum names without pushing prices against itself.longviewresearchpartners.comlongviewresearchpartners.com
  3. 03Launched through a 351 conversion, letting holders of concentrated low-basis stock swap into a diversified portfolio without triggering a tax bill at the door.longviewresearchpartners.com
  4. 04Core-shaped mandate: US common stocks across sectors and sizes, with futures and other derivatives available for equity exposure. Not a thematic sleeve.

Worth knowing

  1. 01Trades lightly next to giant index peers, so limit orders and avoiding the first and last minutes of the session matter more here.
  2. 02Cheaper core options sit in the same peer group, including DFAU at 0.12% and AVLC at 0.15%.
  3. 03Unconstrained and active means the portfolio can look and behave differently from the broad market in either direction, and it leans on one manager's process.longviewresearchpartners.com

EBI Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
1,744
Top-10 weight
28%
Largest holding
AAPL5.3%

Geography

  • United States97.12%
  • Bermuda1.14%
  • Ireland0.99%
  • United Kingdom0.48%
  • Switzerland0.13%
  • Monaco0.07%
  • Puerto Rico0.05%
  • Netherlands0.01%
  • Other countries (1)0.01%
The fund’s holdings, weight-ordered — page 1 of 117.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001AAPLApple Inc5.32%108,059$37M715
002NVDANVIDIA Corp5.15%156,901$36M847
003MSFTMicrosoft Corp5.14%65,801$35M815
004MUMicron Technology Inc2.88%20,134$20M679
005GOOGLAlphabet Inc2.42%47,450$17M709
006AMZNAmazon.com Inc1.86%49,372$13M736
007AVGOBroadcom Inc1.65%32,026$11M754
008METAMeta Platforms Inc1.47%13,566$10M704
009MPCMarathon Petroleum Corp1.02%15,370$7M396
010COPConocoPhillips0.97%48,873$7M433
011NEMNewmont Corp0.94%55,136$6M434
012JPMJPMorgan Chase & Co.0.91%18,820$6M481
013BRK.BBerkshire Hathaway Inc0.87%11,560$6M365
014GOOGAlphabet Inc0.82%16,225$6M478
015VZVerizon Communications Inc0.82%132,436$6M437

Showing 1–15 of 1744 holdings

EBI Performance

Launched Feb 26, 2025

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.
EBI$12,688
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. EBI $12,688. SPY $12,044. Use the arrow keys to read each point.$9,509$11,367$13,224Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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 EBI. Periods over one year show the average yearly return.
PeriodEBI
Year to date+18.5%
1 month−0.9%
3 months+2.0%
1 year+26.9%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper 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 EBI
YearReturn barEBI
2026 YTD+18.5%
2025+14.4%

History from Feb 28, 2025

EBI in the news

Filtered to EBI · US Active Equity

EBI 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 12, 2026.
1.09%Last 12 months
Payout per share
$0.73Last 12 months
Last payment
$0.37 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2025–2026

One bar per payment. 3 payments from 2025 to 2026 YTD. Jun 26, 2025 $0.24; Dec 30, 2025 $0.36; Jun 29, 2026 $0.37. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Jun 29, 2026Jun 30, 2026$0.37
Dec 30, 2025Dec 31, 2025$0.36
Jun 26, 2025Jun 27, 2025$0.24

EBI Risk

How much the fund’s monthly returns vary, scaled to a year.
11.8%
Annualised · 19 months to Sep 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.
1.25
vs 3-month T-bills · 19 months to Sep 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.
−17.1%
19 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.
0.79
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.

EBI Cost

Expense ratio0.34%
  • The middle half of US Active Equity funds
  • Median 0.70%

23 of the 123 US Active Equity funds charge less.

EBI costs $34.00 a year on $10,000. The median US Active Equity fund costs $70.00.

Other funds in US Active Equity

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