Kovitz Core Equity ETF
$29.11−0.13 (−0.45%)
- Expense ratio
- 0.99%
- Fund size
- $1.4B
- 1Y return
- +12.3%
- Yield · Last 12 months
- 0.02%
- Volume · 30D
- 0M sh
- NAV per share
- $29.28
- 52W range
The ETF.net EQTY Grade
Score 43 of 100 sits in the C 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.FScore 6Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 57Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 72Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 74Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 84Category rank
Our read on EQTY
CAn active take on quality: Kovitz hunts moats, real profits and free cash flow, and charges 0.99% for the privilege. Launched in December 2022, it reached billion-dollar scale in short order.
The December 31, 2025 supplement states that the Fund's investment objective, policies, and principal investment strategies remain unchanged under the proposed new advisory agreement; it does not restate the substantive objective.
Why people hold it
- Real active management, not an index in disguise: the mandate screens on profitability, quality and value, and can hold names outside the US when the manager wants them.
- Investors showed up early. It crossed billion-dollar territory within a few years of its December 2022 launch, rare air for a boutique active stock fund.
- Sits in the upper half of its quality-and-free-cash-flow peer group, with solid marks for how the portfolio is built and how consistent the strategy has stayed.
Worth knowing
- The fee is the headline trade-off: 0.99% against a 0.57% cohort median, while PSET (0.15%) and ABFL (0.49%) run their own quality playbooks for a fraction of it.
- Big fund, quiet tape. Shares change hands lightly, so spreads can widen when markets get jumpy.
- A December 2025 supplement flagged a proposed new advisory agreement, with the objective and strategies unchanged. Worth knowing who is steering the ship.
EQTY Holdings
- Stocks
- —
- 43%
- GOOG
Sectors
- Technology24.8%
- Financials24.7%
- Health Care15.4%
- Industrials13.4%
- Consumer Discr.8.1%
- Communication7.5%
- Cons. Staples4.1%
- Energy2.0%
Geography
- United States88.17%
- Ireland3.74%
- Switzerland3.19%
- United Kingdom3.17%
- Netherlands1.73%
EQTY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | EQTY |
|---|---|
| Year to date | +8.3% |
| 1 month | −2.1% |
| 3 months | +6.9% |
| 1 year | +12.3% |
| 3 years | +17.4% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EQTY |
|---|---|---|
| 2026 YTD | +8.3% | |
| 2025 | +13.6% | |
| 2024 | +19.9% | |
| 2023 | +26.9% | |
| 2022 | −3.8% |
EQTY in the news
ETF.net Research hasn’t filed on EQTY yet — coverage lands here as it’s written.
EQTY Dividends
- 0.02%
- $0.0061
- $0.0061 per share
- Annual
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 26, 2025 | Dec 31, 2025 | $0.0061 |
| Dec 27, 2024 | Jan 2, 2025 | $0.08 |
| Dec 27, 2023 | Jan 2, 2024 | $0.05 |
| Dec 29, 2022 | Jan 5, 2023 | $0.01 |
EQTY Risk
- 12.7%
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.
- 0.90
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.
- −17.3%
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.
- 0.93
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EQTY Cost
- The middle half of US Active Quality funds
- Median 0.58%
15 of the 17 US Active Quality funds charge less.