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Launched

Euclidean Fundamental Value ETF

ECMLNYSE ArcaD

$40.20−0.10 (−0.26%)

As of Nov 2, 2026, 3:58 PM ET

D27/ 100

Rank 57 of 66 in US Active Value

D27/100Rank 57 of 66inUS Active Value
Intraday session: down, 78 prints from 40.31 to 40.20. Range 40.20 to 40.58. Use the arrow keys to read each point.40.4040.5010 AM12 PM2 PM4 PM
Expense ratio
0.95%
Fund size
$124M
1Y total return
+26.2%
Yield · Last 12 months
1.14%
Holdings
64
Avg volume · 30D
3.84K sh
52W range
low $31.80high $42.43
Launched

The ETF.net ECML Grade

Based on 5 of 6 pillars

D

Score 27 out of 100

Category
US Active Value⁠
Rank
57 of 66
Six-pillar profile for ECML. Scores out of 100: Cost 3, Risk 38, Mission not scored, Tradability 28, Holdings 74, Durability 50. Strongest: Holdings (74). Weakest: Cost (3). Based on 5 of 6 pillars.

Score 27 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.
    F3 out of 100
    Rank 64 of 66

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D38 out of 100
    Rank 45 of 65

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D28 out of 100
    Rank 55 of 66

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A74 out of 100
    Rank 17 of 66

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C50 out of 100
    Rank 37 of 66

Our read on ECML

ETF.net Research

In short

DValue investing run through deep neural networks: Euclidean's models hunt cheap NYSE and Nasdaq names, screen out the ones likely to stay cheap, and hold 60 to 70 of them. Boutique quant, boutique price.

Stated mandate

The Fund seeks long-term capital appreciation through an actively managed, quantitative and systematic strategy investing in U.S. equity securities that the Sub-Adviser considers undervalued and under-appreciated.

Why people hold it

  • Two-sided machine learning: models estimate what a company is worth, and separately flag cheap stocks likely to keep disappointing, so value traps get screened out.euclideanetf.com
  • Concentrated by design, generally 60 to 70 US stocks. Each name carries real weight instead of being diluted across hundreds of holdings.euclideanetf.com
  • Fully systematic and rules-driven, so the process does not hinge on one manager's gut call. Financials are excluded from the universe altogether.euclideanetf.com

Worth knowing

  • At 0.95% a year, it costs well above the roughly 0.55% typical for active US value ETFs, and many times what systematic peers like AVLV (0.15%) or DFLV (0.21%) charge.
  • A small, thinly traded fund. Spreads can be wide, so limit orders matter more here than in a mega-cap index product.
  • Concentration plus a financials exclusion means results can wander far from broad value benchmarks in either direction, and the fund has only traded since 2023.euclideanetf.com

ECML Performance

Launched May 17, 2023

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.
ECML$12,621
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. ECML $12,621. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Oct 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 ECML. Periods over one year show the average yearly return.
PeriodECML
Year to date+20.7%
1 month+2.7%
3 months+0.7%
1 year+26.2%
3 yearsper year+16.4%
5 yearsFund is under 5 years oldper yearNo data
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 ECML
YearReturn barECML
2026 YTD+20.7%
2025+6.8%
2024+2.4%
2023+24.4%

History from May 18, 2023

ECML in the news

ECML 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.
1.14%Last 12 months
Payout per share
$0.46Last 12 months
Last payment
$0.46 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2023–2026

One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 19, 2023 $0.24; Dec 30, 2024 $0.31; Dec 23, 2025 $0.46. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 24, 2025$0.46
Dec 30, 2024Dec 31, 2024$0.31
Dec 19, 2023Dec 21, 2023$0.24

$10,000 in ECML 3 years ago paid $364 in dividends.

ECML Risk

Risk pillarD38 out of 100Rank 45 of 65 in US Active Value
How much the fund’s monthly returns vary, scaled to a year.
17.6%
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.
0.70
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.
−24.7%
41 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.
0.76
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.

ECML Cost

Compare ECML and WTV

Overpaying vs WTV, cheapest in US Active Value

$15,349

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

  • ECML 0.95%

    $17,869

  • WTV 0.12% Cheapest

    $2,520

$10,000
30 years

Cost over time

  • ECML 0.95%
  • WTV 0.12%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530ECML $17,869WTV $2,520

Year by year

YearECMLWTVOverpaying
10$1,678$220$1,458
20$6,322$859$5,463
30$17,869$2,520$15,349

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