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Launched · SEC filings

Fitz-Gerald Must Have Portfolio ETF

FITZNYSE ArcaNicholasxB

$26.22+0.07 (+0.28%)

As of Nov 3, 2026, 3:59 PM ET

B63/ 100

Rank 1 of 5 in Global Active Quality / Moat

B63/100Rank 1 of 5inGlobal Active Quality / Moat
Intraday session: up, 79 prints from 26.15 to 26.22. Range 26.14 to 26.34. Use the arrow keys to read each point.26.2526.3010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$108M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
31
Avg volume · 30D
38.3K sh
52W range
low $23.43high $36.30
Launched
Filings
SEC EDGAR

The ETF.net FITZ Grade

Based on 5 of 6 pillars

B

Score 63 out of 100

Category
Global Active Quality / Moat⁠
Rank
1 of 5
Six-pillar profile for FITZ. Scores out of 100: Cost 52, Risk 73, Mission not scored, Tradability 84, Holdings 61, Durability 52. Strongest: Tradability (84). Weakest: Durability (52). Based on 5 of 6 pillars.

Score 63 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.
    C52 out of 100
    Rank 2 of 5

  • 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.
    A73 out of 100
    Rank 1 of 5

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A84 out of 100
    Rank 1 of 5

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B61 out of 100
    Rank 2 of 5

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C52 out of 100
    Rank 3 of 5

Our read on FITZ

ETF.net Research

In short

BMost quality funds hand you a rules-based moat screen. FITZ hands you one analyst's playbook: four decades of thematic research, actively managed around the structural forces reshaping the global economy.

Stated mandate

The Fund seeks total returns through an actively managed portfolio invested primarily in equity securities selected using the proprietary Must Have Portfolio framework. The strategy uses thematic research focused on long-term structural changes and companies with durable profit potential.

Why people hold it

  • Built on Keith Fitz-Gerald's proprietary Must Have Portfolio framework, drawn from 40-plus years of research, run as an actively managed equity fund seeking total returns.sec.gov
  • Themes cut across sectors (digitalization, defense, supply-chain dislocation) instead of sorting by industry bucket, so the book can look nothing like a standard moat index.x.combusinesswire.com
  • At 0.75% it sits right at the median for active global-quality funds, under Fundsmith's ETFT (1.00%) and Sapient's SQS (0.80%).
  • Among the smoother-trading names in its small peer group, listed on a US exchange with a standard creation and redemption process.nasdaqtrader.com

Worth knowing

  • 0.75% is well above the cheapest moat option in the group, MOTG at 0.52%, and you are paying for one manager's judgment rather than an index.
  • Launched in 2026, so there is little live history behind the framework and risk measures rest on a thin record.
  • Deliberately concentrated and non-diversified, so single holdings can move the fund more than in a broad index.nasdaqtrader.comx.com

FITZ Holdings

Holdings pillarB61 out of 100Rank 2 of 5 in Global Active Quality / Moat
Asset class
Stocks
Holdings
31
Top-10 weight
47%
Largest holding
PLTR5.6%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1PLTRPalantir Technologies Inc5.55%32,568$6M531
2CRWDCrowdstrike Holdings Inc4.93%21,240$5.32M487
3LLYEli Lilly & Co4.83%3,681$5.22M594
4No dataFirst American Government Obligations Fund 12/01/20314.68%5,049,258$5.05M477
5AAPLApple Inc4.63%14,514$5M723
6CVXChevron Corp4.63%21,222$5M501
7WMTWalmart Inc4.46%38,961$4.81M470
8JPMJPMorgan Chase & Co.4.34%13,914$4.69M485
9NVDANVIDIA Corp4.29%22,656$4.64M847
10ABBVAbbVie Inc4.29%15,710$4.63M519
11LMTLockheed Martin Corp4.23%7,171$4.57M417
12GILDGilead Sciences Inc4.20%26,585$4.54M492
13TSLATesla Inc4.20%11,348$4.54M527
14MSFTMicrosoft Corp4.15%8,589$4.48M821
15RTXRTX Corp3.95%21,359$4.27M412

Showing 1–15 of 31 holdings

FITZ Performance

Launched May 27, 2026

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.Not enough history yet.Not enough history yet.
FITZ$10,767
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,093
Jul 31, 2026 to Nov 2, 2026. FITZ $10,767. SPY $10,093. Use the arrow keys to read each point.$10,000$10,500$11,000Jul 2026Sep 2026Nov 2026

Jul 31, 2026 – Nov 2, 2026

Returns run to the Nov 2, 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 FITZ. Periods over one year show the average yearly return.
PeriodFITZ
Year to dateFund launched this yearNo data
1 month+0.7%
3 months+7.7%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
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 FITZ
YearReturn barFITZ
2026 YTD+3.4%

History from May 28, 2026

FITZ in the news

FITZ Dividends

Last payment
$0.06 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2026

One bar per payment. 1 payment in 2026 YTD. Sep 18, 2026 $0.06. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 21, 2026$0.06

FITZ Risk

Risk pillarA73 out of 100Rank 1 of 5 in Global Active Quality / Moat
How much the fund’s monthly returns vary, scaled to a year.
Launched May 2026; fills in after 12 months
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.
Launched May 2026; fills in after 12 months
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.
Launched May 2026; fills in after 12 months
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.
2.29
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.

FITZ Cost

Compare FITZ and MOTG

Overpaying vs MOTG, cheapest in Global Active Quality / Moat

$4,131

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

  • FITZ 0.75%

    $14,482

  • MOTG 0.52% Cheapest

    $10,351

$10,000
30 years

Cost over time

  • FITZ 0.75%
  • MOTG 0.52%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530FITZ $14,482MOTG $10,351

Year by year

YearFITZMOTGOverpaying
10$1,336$935$401
20$5,078$3,593$1,485
30$14,482$10,351$4,131

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