Sparkline Intangible Value ETF
$44.36−0.14 (−0.33%)
- Expense ratio
- 0.50%
- Fund size
- $119M
- 1Y return
- +29.0%
- Yield · Last 12 months
- 0.99%
- Holdings
- 157
- Volume · 30D
- 0M sh
- NAV per share
- $44.78
- 52W range
The ETF.net ITAN Grade
Score 56 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.BScore 58Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 49Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 50Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 78Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 48Category rank
Our read on ITAN
CValue 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
- 157
- 22%
- AMZN
Sectors
- Technology36.1%
- Health Care17.8%
- Consumer Discr.13.9%
- Communication11.2%
- Industrials10.6%
- Financials4.3%
- Cons. Staples3.7%
- Materials1.6%
- Energy0.5%
- Real Estate0.4%
Geography
- United States93.76%
- Ireland3.48%
- Netherlands1.06%
- Australia0.77%
- Canada0.33%
- Switzerland0.30%
- Sweden0.28%
ITAN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | ITAN |
|---|---|
| Year to date | +20.8% |
| 1 month | −0.5% |
| 3 months | +8.0% |
| 1 year | +29.0% |
| 3 years | +25.0% |
| 5 years | +13.1% |
| 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 | +20.8% | |
| 2025 | +20.5% | |
| 2024 | +17.8% | |
| 2023 | +34.6% | |
| 2022 | −24.3% | |
| 2021 | +7.0% |
ITAN in the news
ETF.net Research hasn’t filed on ITAN yet — coverage lands here as it’s written.
ITAN Dividends
- 0.99%
- $0.44
- $0.10 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 29, 2026 | Jun 30, 2026 | $0.10 |
| Mar 30, 2026 | Mar 31, 2026 | $0.10 |
| Dec 23, 2025 | Dec 24, 2025 | $0.10 |
| Sep 29, 2025 | Sep 30, 2025 | $0.14 |
| Jun 27, 2025 | Jun 30, 2025 | $0.09 |
| Mar 28, 2025 | Mar 31, 2025 | $0.02 |
| Dec 30, 2024 | Dec 31, 2024 | $0.08 |
| Sep 27, 2024 | Sep 30, 2024 | $0.17 |
| Jun 27, 2024 | Jun 28, 2024 | $0.02 |
| Mar 26, 2024 | Mar 28, 2024 | $0.09 |
| Dec 19, 2023 | Dec 21, 2023 | $0.09 |
| Sep 27, 2023 | Sep 29, 2023 | $0.11 |
ITAN Risk
- 14.6%
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.
- 1.22
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.
- 1.08
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
- The middle half of US Active Value funds
- Median 0.55%
27 of the 66 US Active Value funds charge less.