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FITZ

GradeBNew York Stock Exchange Arca

Fitz-Gerald Must Have Portfolio ETF

Active Equity · Nicholasx · Inception 2026-05-27

$25.98+0.05 (+0.19%)

As of Sep 23, 2026, 2:14 PM EDT

History starts May 28, 2026.History starts May 28, 2026.History starts May 28, 2026.
Intraday session: up, 28 prints from 25.93 to 25.98. Range 25.94 to 26.05. Use the arrow keys to read each point.$25.95$26.00$26.02$26.0510 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$92M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0.1M sh
NAV per share
$25.51
52W range
low $23.43high $36.30

The ETF.net FITZ Grade

B

59/ 100

Rank 2 of 5 in Global Active Quality / Moat⁠

Confidence Low

Six-pillar profile for FITZ. Scores out of 100: Cost 53, Risk 63, Mission not scored, Tradability 75, Holdings 55, Durability 53. Strongest: Tradability (75). Weakest: Durability (53). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 59 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.
    CScore 53
    Category rank3/5 · mid-pack

  • 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 63
    Category rank2/5 · top 40%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 75
    Category rank1/5 · top 20%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 55
    Category rank2/5 · top 40%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 53
    Category rank3/5 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on FITZ

ETF.net Research

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

  1. 01Built 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
  2. 02Themes 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
  3. 03At 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%).
  4. 04Among 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

  1. 010.75% 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.
  2. 02Launched in 2026, so there is little live history behind the framework and risk measures rest on a thin record.
  3. 03Deliberately concentrated and non-diversified, so single holdings can move the fund more than in a broad index.nasdaqtrader.comx.com

FITZ Holdings

As of Sep 20, 2026, 9:02 AM
Asset class
Stocks
Holdings
—
Top-10 weight
50%
Largest holding
PLTR6.2%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001PLTRPalantir Technologies Inc6.21%32,568$6M503
002CRWDCrowdstrike Holdings Inc5.65%21,240$5M454
003NVDANVIDIA Corp5.38%22,656$5M828
004AAPLApple Inc5.29%14,514$5M707
005JPMJPMORGAN CHASE & CO.4.95%13,098$5M478
006TSLATesla Inc4.85%12,241$4M509
007AMDAdvanced Micro Devices Inc4.70%7,964$4M618
008CVXChevron Corp4.47%19,548$4M468
009MSFTMicrosoft Corp4.09%7,602$4M792
010LLYEli Lilly & Co4.06%3,258$4M569
011WMTWalmart Inc3.99%34,496$4M462
012ABBVAbbVie Inc3.98%13,924$4M511
013RTXRTX Corp3.96%18,915$4M390
014GILDGilead Sciences Inc3.84%23,530$4M482
015LMTLockheed Martin Corp3.71%6,372$3M406

Showing 1–15 of 31 holdings

FITZ Performance

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

FITZ$10,797
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. FITZ $10,797. SPY $10,415. Use the arrow keys to read each point.$9,689$10,284$10,879Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – 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 FITZ. Periods over one year show the average yearly return.
PeriodFITZ
Year to dateFund launched this year—
1 month+2.5%
3 months+8.0%
1 yearFund is under 1 year old—
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 FITZ
YearReturn barFITZ
2026 YTD+2.7%

History from May 28, 2026

FITZ in the news

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

FITZ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
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

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.

FITZ Cost

Expense ratio0.75%
  • The middle half of Global Active Quality / Moat funds
  • Median 0.75%

1 of the 5 Global Active Quality / Moat funds charge less.

FITZ costs $75.00 a year on $10,000. The median Global Active Quality / Moat fund costs $75.00.