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EDGE

GradeBChicago Board Options Exchange

EA Series Trust - MRBL Enhanced Equity ETF

Option Income · MRBL · Inception 2025-01-21 · SEC filings

$52.30+0.00 (+0.00%)

As of Sep 23, 2026, 9:46 AM EDT

History starts Jan 22, 2025.
Intraday session: flat, 2 prints from 52.30 to 52.30. Range 51.90 to 52.30. Use the arrow keys to read each point.$51.90$52.00$52.10$52.2010 AM12 PM2 PM4 PM
Expense ratio
0.74%
Fund size
$13M
1Y return
+21.4%
Yield · Last 12 months
—
Volume · 30D
0M sh
NAV per share
$52.21
52W range
low $42.17high $52.39

The ETF.net EDGE Grade

B

55/ 100

Rank 16 of 51 in Active Option Income⁠

Confidence Low

Six-pillar profile for EDGE. Scores out of 100: Cost 77, Risk 65, Mission not scored, Tradability 13, Holdings not scored, Durability 30. Strongest: Cost (77). Weakest: Tradability (13). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 55 of 100 sits in the B 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.
    AScore 77
    Category rank12/51 · top 24%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 65
    Category rank15/45 · top 33%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 13
    Category rank46/51 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 30
    Category rank46/51 · bottom quartile

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

EDGE Holdings

As of Sep 20, 2026, 10:19 AM
Asset class
Stocks
Holdings
—
Top-10 weight
101%
Largest holding
SPY 01/15/2027 200.01 C92.0%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—SPY 01/15/2027 200.01 C92.02%203$11M1
002—First American Government Obligations Fund 12/01/20318.78%1,085,271$1M625

Showing 1–2 of 2 holdings

EDGE Performance

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

EDGE$12,138
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. EDGE $12,138. SPY $11,723. Use the arrow keys to read each point.$9,322$10,839$12,356Sep 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 EDGE. Periods over one year show the average yearly return.
PeriodEDGE
Year to date+15.2%
1 month+1.1%
3 months+5.5%
1 year+21.4%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per 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 EDGE
YearReturn barEDGE
2026 YTD+15.2%
2025+13.2%

History from Jan 22, 2025

EDGE in the news

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

EDGE Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

EDGE Risk

How much the fund’s monthly returns vary, scaled to a year.
11.9%
Annualised · 19 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.
1.11
vs 3-month T-bills · 19 months 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.
−20.7%
20 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.
0.87
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.

EDGE Cost

Expense ratio0.74%
  • The middle half of Active Option Income funds
  • Median 0.95%

10 of the 47 Active Option Income funds charge less.

EDGE costs $74.00 a year on $10,000. The median Active Option Income fund costs $95.00.