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GARY

GradeCNASDAQ

Mango Growth ETF

Active Equity · Mango · Inception 2025-12-19

$27.77−0.01 (−0.05%)

As of Sep 23, 2026, 2:55 PM EDT

History starts Dec 22, 2025.History starts Dec 22, 2025.
Intraday session: down, 22 prints from 27.78 to 27.77. Range 27.62 to 27.82. Use the arrow keys to read each point.$27.60$27.65$27.70$27.8010 AM12 PM2 PM4 PM
Expense ratio
0.77%
Fund size
$305M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$27.64
52W range
low $20.13high $28.04

The ETF.net GARY Grade

C

47/ 100

Rank 44 of 90 in US Active Growth⁠

Confidence Medium

Six-pillar profile for GARY. Scores out of 100: Cost 20, Risk 74, Mission not scored, Tradability 62, Holdings 65, Durability 51. Strongest: Risk (74). Weakest: Cost (20). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 47 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 20
    Category rank72/90 · bottom quartile

  • 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.
    AScore 74
    Category rank15/79 · top 19%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 62
    Category rank29/90 · top 32%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 65
    Category rank35/89 · top 39%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 51
    Category rank51/90 · mid-pack

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

Our read on GARY

ETF.net Research

CMango skips the enhanced-index playbook most peers run: quant screens plus fundamental research, hunting secular and thematic growers with strong earnings power. Launched in 2025 and priced like the active fund it is.

Stated mandate

The Fund seeks long-term capital appreciation through active investment primarily in common stocks of companies with high growth characteristics. Its process combines quantitative analysis with fundamental research and generally emphasizes large-capitalization companies, while allowing investments across company sizes.

Why people hold it

  1. 01Actively run rather than index-shadowed: a quant screen narrows the field, then fundamental research picks the secular and thematic names with strong earnings power.
  2. 02Plain 1940 Act ETF wrapper. Ordinary brokerage access, 1099 tax reporting, no K-1 at year end.
  3. 03The portfolio is the strongest part of the story, built and spread better than most of its growth-conviction peer group.
  4. 04The mandate is stated plainly: US growth equity, no hidden style drift into value or income to decode.

Worth knowing

  1. 01The fee is 0.77% a year, above the typical charge in this peer group and several times what enhanced-index growth funds like JUSA and FELG carry.
  2. 02Launched in December 2025, so the quant-plus-fundamental process has a short public record and little data on how it handles a real drawdown.
  3. 03Trades lightly next to category heavyweights, so spreads can widen. Limit orders and mid-session trading matter more here than with a mega-fund.

GARY Holdings

As of Sep 20, 2026, 10:11 AM
Asset class
Stocks
Holdings
—
Top-10 weight
48%
Largest holding
Cash7.4%

Geography

  • United States90.24%
  • Netherlands5.31%
  • Taiwan (Province of China)4.22%
  • United Kingdom0.23%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Cash7.35%21,886,879$22M104
002AMDADVANCED MICRO DEVICES5.08%27,008$15M618
003ASMLASML HOLDING NV-NY REG SHS4.92%8,722$15M199
004NVDANVIDIA CORP4.85%64,966$14M828
005AMATAPPLIED MATERIALS INC4.61%30,868$14M558
006MAMASTERCARD INC - A4.52%23,823$13M512
007PLTRPALANTIR TECHNOLOGIES INC-A4.39%73,582$13M503
008SPCXSPACE EXPLORATION TECHN-CL A4.08%79,548$12M268
009MSFTMICROSOFT CORP4.01%24,197$12M792
010LRCXLAM RESEARCH CORP3.96%40,883$12M591
011NOWSERVICENOW INC3.93%86,412$12M426
012TSMTAIWAN SEMICONDUCTOR-SP ADR3.91%26,812$12M268
013KLACKLA CORP3.53%59,365$11M506
014PANWPALO ALTO NETWORKS INC3.49%28,592$10M486
015CRWDCROWDSTRIKE HOLDINGS INC - A3.46%43,409$10M454

Showing 1–15 of 41 holdings

GARY Performance

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

GARY$13,740
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. GARY $13,740. SPY $11,430. Use the arrow keys to read each point.$8,933$11,546$14,159Dec 2025May 2026Sep 2026

Dec 31, 2025 – 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 GARY. Periods over one year show the average yearly return.
PeriodGARY
Year to date+37.4%
1 month+3.4%
3 months+3.4%
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 GARY
YearReturn barGARY
2026 YTD+37.4%
2025+0.3%

History from Dec 22, 2025

GARY in the news

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

GARY 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
$0.01 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $0.01. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Jan 7, 2026$0.01

GARY Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Dec 2025; 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 Dec 2025; 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 Dec 2025; 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.
1.21
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.

GARY Cost

Expense ratio0.77%
  • The middle half of US Active Growth funds
  • Median 0.56%

70 of the 89 US Active Growth funds charge less.

GARY costs $77.00 a year on $10,000. The median US Active Growth fund costs $56.00.