---
ticker: "FOTO"
name: "Tuttle Capital Pure Play Photonics ETF"
url: "https://etf.net/etf/FOTO"
grade: "D"
score: 36
graded_at: "2026-10-12"
category: "Quantum Computing & Photonics"
category_rank: "5 of 9"
methodology: "https://etf.net/methodology"
---

# FOTO: Tuttle Capital Pure Play Photonics ETF

Grade **D**, Score 36 of 100. Rank 5 of 9 in Quantum Computing & Photonics.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 22 | 7 of 9 |
| Mission | Not scored | — |
| Risk | 27 | 6 of 6 |
| Tradability | 80 | 1 of 9 |
| Holdings | 20 | 9 of 9 |
| Durability | 55 | 5 of 9 |

## Top holdings

The fund holds 29 positions. These are the largest 29, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Cash and Cash Equivalents | 66.64% |
| 2 | — | Recv Foto Trs Lite Eq | 12.42% |
| 3 | LITE | Lumentum Holdings Inc | 8.95% |
| 4 | — | Recv Foto Trs Fn Eq | 7.61% |
| 5 | — | Recv Foto Trs Cohr Eq | 7.23% |
| 6 | — | Recv Foto Trs Ipgp Eq | 5.83% |
| 7 | IPGP | Ipg Photonics Corp | 5.13% |
| 8 | CIEN | Ciena Corp | 5.04% |
| 9 | — | Recv Foto Trs Cien Eq | 5.03% |
| 10 | — | Recv Foto Trs Viav Eq | 4.47% |
| 11 | — | Recv Foto Trs Lasr Eq | 3.62% |
| 12 | IIVI | Coherent Corp Common Stock | 3.62% |
| 13 | VIAV | Viavi Solutions Inc | 3.61% |
| 14 | AAOI | Applied Optoelectronics Inc | 3.19% |
| 15 | FN | Fabrinet | 3.08% |
| 16 | LASR | nLight Inc. | 2.52% |
| 17 | — | Recv Foto Trs Mksi Eq | 2.44% |
| 18 | SIVE | Sivers Ima Holding Ab | 1.83% |
| 19 | — | Recv Foto Trs Novt Eq | 1.82% |
| 20 | MKSI | MKS Instruments Inc | 1.74% |
| 21 | — | Recv Foto Trs Plab Eq | 1.65% |
| 22 | NOVT | Novanta Inc | 1.49% |
| 23 | POET | Poet Technologies Inc Common Stock | 1.41% |
| 24 | — | Recv Foto Trs Aeva Eq | 1.13% |
| 25 | PLAB | Photronics Inc | 1.05% |
| 26 | TLDR | The Laddered T-Bill Etf | 0.91% |
| 27 | — | Recv Foto Trs Lwlg Eq | 0.87% |
| 28 | AEVA | Aeva Technologies, Inc. Common Stock | 0.60% |
| 29 | LWLG | Lightwave Logic Inc | 0.39% |

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