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GPT

GradeCNASDAQ Global Market

Intelligent Alpha Atlas ETF

Active Equity · Alpha · Inception 2024-09-17

$34.30−0.25 (−0.73%)

As of Sep 23, 2026, 3:09 PM EDT

History starts Sep 18, 2024.
Intraday session: down, 65 prints from 34.56 to 34.30. Range 34.20 to 34.44. Use the arrow keys to read each point.$34.20$34.4010 AM12 PM2 PM4 PM
Expense ratio
0.69%
Fund size
$24M
1Y return
+16.6%
Yield · Last 12 months
0.65%
Volume · 30D
0M sh
NAV per share
$34.40
52W range
low $28.91high $34.89

The ETF.net GPT Grade

C

45/ 100

Rank 23 of 44 in Global Active Equity⁠

Confidence Medium

Six-pillar profile for GPT. Scores out of 100: Cost 49, Risk 48, Mission not scored, Tradability 22, Holdings 82, Durability 22. Strongest: Holdings (82). Weakest: Durability (22). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 45 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.
    CScore 49
    Category rank23/44 · 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.
    CScore 48
    Category rank26/42 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 22
    Category rank36/44 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 82
    Category rank6/43 · top 14%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    FScore 22
    Category rank42/44 · bottom quartile

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

Our read on GPT

ETF.net Research

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

  1. 01The 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
  2. 02At 0.69%, it charges the median fee for actively managed global equity ETFs. No novelty premium for the AI wrapper.
  3. 03The 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

  1. 01The 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.
  2. 02Small and thinly traded, so spreads tend to be wider and big orders harder to fill than in the category's giants.
  3. 03Launched in 2024, so the live record is short. The prospectus also permits indirect exposure to leveraged or inverse leveraged equity ETFs.

GPT Holdings

As of Sep 20, 2026, 9:32 AM
Asset class
Stocks
Holdings
—
Top-10 weight
30%
Largest holding
MU3.6%

Geography

  • United States77.56%
  • Netherlands3.58%
  • Taiwan (Province of China)3.53%
  • Ireland3.11%
  • Canada2.60%
  • Germany2.05%
  • Uruguay1.96%
  • United Kingdom1.71%
  • Other countries (5)3.91%
The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001MUMicron Technology Inc3.56%827$840K655
002TSMTaiwan Semiconductor Manufacturing Co Ltd3.52%1,917$830K268
003VSTVistra Corp3.48%5,871$820K336
004NTRANatera Inc3.22%2,048$760K223
005ILMNIllumina Inc3.01%2,951$710K305
006CEGConstellation Energy Corp2.80%2,605$660K353
007ETNEaton Corp PLC2.80%1,545$660K259
008AVGOBroadcom Inc2.63%1,741$620K732
009PWRQuanta Services Inc2.63%971$620K355
010MPCMarathon Petroleum Corp2.54%1,405$600K391
011NEMNewmont Corp2.54%4,833$600K428
012NVDANVIDIA Corp2.42%2,577$570K828
013TXG10X Genomics Inc2.42%7,499$570K136
014CVXChevron Corp2.12%2,365$500K468
015RNMBYRheinmetall AG2.04%2,066$480K6

Showing 1–15 of 75 holdings

GPT Performance

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

GPT$11,663
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. GPT $11,663. SPY $11,723. Use the arrow keys to read each point.$9,352$10,653$11,955Sep 2025Mar 2026Sep 2026

Sep 22, 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 GPT. Periods over one year show the average yearly return.
PeriodGPT
Year to date+15.5%
1 month−0.5%
3 months+0.9%
1 year+16.6%
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 GPT
YearReturn barGPT
2026 YTD+15.5%
2025+24.9%
2024−3.4%

History from Sep 18, 2024

GPT in the news

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

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 Sep 22, 2026.
0.65%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

GPT Risk

How much the fund’s monthly returns vary, scaled to a year.
13.4%
Annualised · 23 months to Aug 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.
0.79
vs 3-month T-bills · 23 months to Aug 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%
24 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.

GPT Cost

Expense ratio0.69%
  • The middle half of Global Active Equity funds
  • Median 0.69%

21 of the 44 Global Active Equity funds charge less.

GPT costs $69.00 a year on $10,000. The median Global Active Equity fund costs $69.00.