---
ticker: "FDRS"
name: "Founder-Led ETF"
url: "https://etf.net/etf/FDRS"
grade: "C"
score: 42
graded_at: "2026-10-12"
category: "US Thematic"
category_rank: "9 of 22"
methodology: "https://etf.net/methodology"
---

# FDRS: Founder-Led ETF

Grade **C**, Score 42 of 100. Rank 9 of 22 in US Thematic.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 40 | 13 of 22 |
| Mission | Not scored | — |
| Risk | 26 | 19 of 22 |
| Tradability | 60 | 8 of 22 |
| Holdings | 42 | 14 of 22 |
| Durability | 57 | 10 of 22 |

## Top holdings

The fund holds 51 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | META | Meta Platforms Inc | 9.17% |
| 2 | TSLA | Tesla Inc | 8.39% |
| 3 | NVDA | NVIDIA Corp | 8.30% |
| 4 | PLTR | Palantir Technologies Inc | 7.86% |
| 5 | CRWD | Crowdstrike Holdings Inc | 4.51% |
| 6 | ORCL | Oracle Corp | 4.07% |
| 7 | ANET | Arista Networks Inc | 3.80% |
| 8 | SHOP | Shopify Inc | 3.76% |
| 9 | DELL | Dell Technologies Inc | 3.40% |
| 10 | CRM | Salesforce Inc | 3.29% |
| 11 | BLK | Blackrock Inc | 2.93% |
| 12 | COF | Capital One Financial Corp | 2.15% |
| 13 | FTNT | Fortinet Inc | 2.14% |
| 14 | SNOW | Snowflake Inc | 2.05% |
| 15 | NET | Cloudflare Inc | 2.00% |
| 16 | SPCX | Space Exploration Technologies Corp | 1.98% |
| 17 | DDOG | Datadog Inc | 1.63% |
| 18 | ICE | Intercontinental Exchange Inc | 1.55% |
| 19 | REGN | Regeneron Pharmaceuticals Inc | 1.54% |
| 20 | MPWR | Monolithic Power Systems Inc | 1.50% |
| 21 | BX | Blackstone Inc | 1.45% |
| 22 | HOOD | Robinhood Markets Inc | 1.44% |
| 23 | APP | AppLovin Corp | 1.33% |
| 24 | DASH | DoorDash Inc | 1.25% |
| 25 | BE | Bloom Energy Corp | 1.20% |
| 26 | ABNB | Airbnb Inc | 1.16% |
| 27 | NU | NU Holdings Ltd/Cayman Islands | 1.02% |
| 28 | P | Everpure Inc | 0.91% |
| 29 | MSTR | Strategy Inc | 0.88% |
| 30 | ALAB | Astera Labs Inc | 0.86% |

Source: etf.net, https://etf.net/etf/FDRS. Please cite the page URL.