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Launched

Elm Market Navigator ETF

ELMNYSE ArcaB

$29.33−0.08 (−0.27%)

As of Oct 13, 2026, 3:55 PM

B61/ 100

Rank 10 of 37 in Multi-Asset Allocation

B61/100Rank 10 of 37inMulti-Asset Allocation
Intraday session: down, 27 prints from 29.41 to 29.33. Range 29.30 to 29.41. Use the arrow keys to read each point.29.3029.3629.3810 AM12 PM2 PM4 PM
Expense ratio
0.24%
Fund size
$597M
1Y total return
+12.1%
Yield · Last 12 months
Data unavailable
Holdings
19
Avg volume · 30D
0M sh
NAV per share
$29.38
52W range
low $26.57high $29.90
Launched

The ETF.net ELM Grade

B

Score 61 out of 100

Category
Multi-Asset Allocation⁠
Rank
10 of 37
Six-pillar profile for ELM. Scores out of 100: Cost 92, Risk 55, Mission 44, Tradability 47, Holdings 41, Durability 69. Strongest: Cost (92). Weakest: Holdings (41). Leans toward Cost.

Score 61 of 100 falls in the B 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.
    A92 out of 100
    Rank 4 of 37

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    C44 out of 100
    Rank 22 of 29

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B55 out of 100
    Rank 16 of 35

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C47 out of 100
    Rank 20 of 37

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C41 out of 100
    Rank 24 of 33

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B69 out of 100
    Rank 9 of 37

Our read on ELM

ETF.net Research

BOne ticker for the whole market map: stocks, bonds, real estate and cash, US through emerging, reshuffled by rule instead of hunch. And it charges a fraction of what the typical allocation fund does.

Stated mandate

The Fund is an actively managed fund of funds using a rules-based asset-allocation process to dynamically invest across equity, fixed-income, real-estate, and cash-related markets.

Why people hold it

  1. 01At 0.26% a year, it runs at about a third of the typical multi-asset allocation fund's 0.78% median. Index-fund pricing on an actively managed portfolio.
  2. 02One buy covers equity, fixed income, real estate and cash across US, developed international and emerging markets. No sleeve-by-sleeve assembly required.
  3. 03Allocation moves follow a written, rules-based process rather than a manager's gut call, so the fund's behavior is easier to explain than a discretionary tactical strategy.
  4. 04Costs land among the strongest marks in its allocation peer group, where fees of three quarters of a percent are the norm.

Worth knowing

  1. 01Launched in 2025. The record is short, and the strategy has not yet been tested across a full market cycle.
  2. 02Trading is thin relative to the category's giants, so spreads can be wider and larger orders can push the price around.
  3. 03Cash flow comes once or twice a year rather than monthly, so this is not built as a steady income drip.

ELM Holdings

As of Oct 13, 2026
Asset class
Other
Holdings
19
Top-10 weight
94%
Largest holding
VBIL31.8%

Sectors

  • Technology27.4%
  • Financials17.9%
  • Industrials11.4%
  • Health Care8.4%
  • Consumer Discretionary8.4%
  • Communication6.2%
  • Materials4.8%
  • Consumer Staples4.6%
  • Energy4.3%
  • Real Estate4.0%
  • Utilities2.5%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001VBILVanguard 0-3 Month Treasury Bill ETF31.78%2,509,915$190M3
002VTIVanguard Morningstar Total Stock Market ETF23.04%360,223$138M15
003VWOVanguard FTSE Emerging Markets ETF10.89%1,088,357$65M14
004SCHPSchwab US TIPS ETF9.01%2,136,124$54M10
005VPLVanguard FTSE Pacific ETF4.74%245,076$28M5
006BNDVanguard Total Bond Market ETF4.66%396,199$28M7
007BBEUJPMorgan BetaBuilders Europe ETF3.99%317,937$24M1
008IEURiShares Core MSCI Europe ETF2.83%230,946$17M3
009BBCAJPMorgan BetaBuilders Canada ETF1.74%102,237$10M2
010VGKVanguard FTSE Europe ETF1.55%107,278$9M9
011VTVVanguard Morningstar Value ETF1.32%35,764$8M15
012VBVanguard Morningstar Small-Cap ETF1.20%24,846$7M9
013IEMGiShares Core MSCI Emerging Markets ETF1.12%82,232$7M19
014SCHBSchwab US Broad Market ETF0.95%189,733$6M3
015—First American Government Obligations Fund 12/01/20310.61%3,614,821$4M529

Showing 1–15 of 19 holdings

ELM Performance

Launched Feb 12, 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.
ELM$11,209
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. ELM $11,209. SPY $12,044. Use the arrow keys to read each point.$9,582$10,912$12,243Oct 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 ELM. Periods over one year show the average yearly return.
PeriodELM
Year to date+7.9%
1 month−0.4%
3 months+0.4%
1 year+12.1%
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 ELM
YearReturn barELM
2026 YTD+7.9%
2025+12.1%

Since listing, Feb 12, 2025

ELM in the news

Filtered to ELM · Multi-Asset Allocation

ELM Dividends

Last payment
$0.13 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 2 payments from 2025 to 2026 YTD. Dec 23, 2025 $0.61; Dec 31, 2025 $0.13. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 31, 2025Jan 2, 2026$0.13
Dec 23, 2025Dec 24, 2025$0.61

ELM Risk

How much the fund’s monthly returns vary, scaled to a year.
7.9%
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.
1.05
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.
−9.0%
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.
0.50
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.

ELM Cost

Expense ratio0.24%
  • The middle half of Multi-Asset Allocation funds
  • Median 0.58%

3 of the 37 Multi-Asset Allocation funds charge less.

ELM costs $24.00 a year on $10,000. The median Multi-Asset Allocation fund costs $58.00.

Other funds in Multi-Asset Allocation

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