Sparkline Intangible Value ETF
$44.20+0.01 (+0.03%)
- 0.50%
- $119M
- +31.9%
- 0.99%
- 0M sh
- $44.15
- low $34.03high $45.18
The ETF.net ITAN Grade
B
Score 58 out of 100
- 25 of 66
Score 58 of 100 falls in the B 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.B59 out of 100Rank 26 of 66Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C47 out of 100Rank 37 of 63Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C54 out of 100Rank 28 of 66Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A80 out of 100Rank 9 of 66Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B56 out of 100Rank 34 of 66
Our read on ITAN
BValue investing rewritten for an asset-light economy. Patents, brands, talent and networks never show up on a balance sheet, so ITAN scores them with language models and then hunts for the ones priced too cheaply.
The Fund pursues long-term capital appreciation.
Why people hold it
- Book value misses patents, brands, talent and networks. Sparkline reads patents, job postings and earnings calls with natural language processing to price what accountants leave out.etf.sparklinecapital.com
- 0.50% a year, below the median for its US value peer group. Unusual restraint for a boutique shop selling proprietary research.
- Sits in the upper half of a crowded active US value field, with the portfolio construction its strongest feature.
- Live since 2021 on a broad US large-cap opportunity set, measured against the Solactive GBS United States 1000. This is mainstream America seen through a different lens, not a micro-cap corner.
Worth knowing
- Fully active, no index to hug. The holdings reflect one firm's model of intangible worth and can look nothing like a classic price-to-book screen.etf.sparklinecapital.com
- You pay for the research. Systematic value peers like AVLV (0.15%) and WTV (0.12%) charge a fraction for a rules-based version of the same style box.
- A small, lightly traded boutique fund, so spreads can run wider than the household-name value ETFs.
ITAN Holdings
- Stocks
- 152
- 22%
- AMZN
Sectors
- Technology36.2%
- Health Care18.1%
- Consumer Discretionary14.1%
- Communication11.1%
- Industrials10.5%
- Financials4.2%
- Consumer Staples3.5%
- Materials1.6%
- Energy0.4%
- Real Estate0.4%
Geography
- United States93.71%
- Ireland3.45%
- Netherlands1.13%
- Australia0.81%
- Switzerland0.31%
- Canada0.31%
- Sweden0.27%
ITAN Performance
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.
ITAN$13,189
Returns run to the Oct 12, 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.
| Period | ITAN |
|---|---|
| Year to date | +20.3% |
| 1 month | −0.5% |
| 3 months | +5.0% |
| 1 year | +31.9% |
| 3 years | +24.8% |
| 5 years | +13.3% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ITAN |
|---|---|---|
| 2026 YTD | +20.3% | |
| 2025 | +20.5% | |
| 2024 | +17.8% | |
| 2023 | +34.6% | |
| 2022 | −24.3% | |
| 2021 | +7.0% |
ITAN in the news
ITAN Dividends
- 0.99%
- $0.44
- $0.14 per share
- Quarterly
Distribution history
ITAN Risk
- 14.3%
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.
- 1.30
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.
- −30.4%
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.
- 1.09
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ITAN Cost
0.50%
ITAN0.50%
- The middle half of US Active Value funds
- Median 0.55%
26 of the 66 US Active Value funds charge less.
Other funds in US Active Value
- BACVUHartford Quality Value ETFExpense ratio 0.45%1 year return +24.9%
- BASLVAllspring Special Large Value ETFExpense ratio 0.35%1 year return +14.7%
- BLVDSJPMorgan Fundamental Data Science Large Value ETFExpense ratio 0.51%1 year return +28.6%
- CFBCVFidelity Blue Chip Value ETFExpense ratio 0.57%1 year return +29.7%
- CDVALBrandywineGLOBAL-Dynamic US Large Cap Value ETFExpense ratio 0.49%1 year return +16.2%