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Launched

Intelligent Alpha Atlas ETF

GPTNasdaqC

$32.62−0.61 (−1.85%)

At close: Nov 2, 2026, 4:00 PM ET

C49/ 100

Rank 23 of 44 in Global Active Equity

C49/100Rank 23 of 44inGlobal Active Equity
Intraday session: down, 79 prints from 33.24 to 32.62. Range 32.62 to 33.64. Use the arrow keys to read each point.32.8033.0033.4033.6010 AM12 PM2 PM4 PM
Expense ratio
0.69%
Fund size
$23M
1Y total return
+8.4%
Yield · Last 12 months
0.68%
Holdings
74
Avg volume · 30D
1.26K sh
52W range
low $28.91high $35.45
Launched

The ETF.net GPT Grade

Based on 5 of 6 pillars

C

Score 49 out of 100

Category
Global Active Equity⁠
Rank
23 of 44
Six-pillar profile for GPT. Scores out of 100: Cost 49, Risk 50, Mission not scored, Tradability 38, Holdings 79, Durability 22. Strongest: Holdings (79). Weakest: Durability (22). Based on 5 of 6 pillars.

Score 49 of 100 falls in the C 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.
    C49 out of 100
    Rank 22 of 44

  • 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.
    C50 out of 100
    Rank 23 of 42

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D38 out of 100
    Rank 31 of 44

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A79 out of 100
    Rank 8 of 44

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F22 out of 100
    Rank 42 of 44

Our read on GPT

ETF.net Research

In short

CThe ticker is the thesis. GPT hands global stock picking to large language models, which assemble an equal-weighted portfolio of big companies instead of a human manager's conviction list.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  • The engine is genuinely different: AI models do the selecting, and the output is an equal-weighted book of global large caps, so no single mega-cap sets the tone.aaii.com
  • At 0.69%, it charges the median fee for actively managed global equity ETFs. No novelty premium for the AI wrapper.
  • The mandate is plain English: long-term capital appreciation from global large-cap stocks, with a $1 billion market-cap floor on what the models may pick.aaii.com

Worth knowing

  • The fee sits well above the cheapest global peers (GSWO at 0.15%, DFAW at 0.24%), so the AI process carries a real cost hurdle.
  • Small and thinly traded, so spreads tend to be wider and big orders harder to fill than in the category's giants.
  • Launched in 2024, so the live record is short. The prospectus also permits indirect exposure to leveraged or inverse leveraged equity ETFs.

GPT Performance

Launched Sep 17, 2024

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.
GPT$10,844
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. GPT $10,844. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 GPT. Periods over one year show the average yearly return.
PeriodGPT
Year to date+11.1%
1 month−3.3%
3 months−0.6%
1 year+8.4%
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 GPT
YearReturn barGPT
2026 YTD+11.1%
2025+24.9%
2024−3.4%

History from Sep 18, 2024

GPT in the news

GPT 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 Oct 30, 2026.
0.68%Last 12 months
Payout per share
$0.23Last 12 months
Last payment
$0.23 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 30, 2024 $0.05; Dec 23, 2025 $0.23. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 24, 2025$0.23
Dec 30, 2024Dec 31, 2024$0.05

$10,000 in GPT 1 year ago paid $73.14 in dividends.

GPT Risk

Risk pillarC50 out of 100Rank 23 of 42 in Global Active Equity
How much the fund’s monthly returns vary, scaled to a year.
13.2%
Annualised · 25 months to Oct 2026
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.
0.64
vs 3-month T-bills · 25 months to Oct 2026
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.
−25.6%
25 months · trough Apr 2025
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.
0.81
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.

GPT Cost

Compare GPT and AVTM

Overpaying vs AVTM, cheapest in Global Active Equity

$8,871

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

  • GPT 0.69%

    $13,429

  • AVTM 0.22% Cheapest

    $4,558

$10,000
30 years

Cost over time

  • GPT 0.69%
  • AVTM 0.22%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530GPT $13,429AVTM $4,558

Year by year

YearGPTAVTMOverpaying
10$1,232$401$831
20$4,697$1,561$3,136
30$13,429$4,558$8,871

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