Keating Active ETF
$32.98+0.07 (+0.21%)
- 0.85%
- $119M
- +16.4%
- 2.79%
- 0M sh
- $32.93
- low $28.76high $35.32
The ETF.net KEAT Grade
D
Score 34 out of 100
- 102 of 127
Score 34 of 100 falls in the D 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.D29 out of 100Rank 88 of 127Mission
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.B63 out of 100Rank 37 of 126Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F21 out of 100Rank 113 of 127Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D28 out of 100Rank 113 of 124Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C42 out of 100Rank 89 of 127
Our read on KEAT
DA boutique stock picker in a corner of the market dominated by giant quant shops. Keating runs a hand-built equity portfolio chasing both income and growth, and charges active-management prices to do it.
The Fund seeks total return through income and capital appreciation.
Why people hold it
- Genuinely active, not an index in disguise: holdings come from fundamental research, one company at a time, rather than a rules-based screen.
- A two-sided mandate. It targets total return from income and capital appreciation, and distributions are paid on a quarterly schedule.
- Wide toolkit for an equity fund: common stock, preferred shares, REITs and depositary receipts all sit inside the mandate, so the income can come from more than one place.
Worth knowing
- The 0.85% fee sits above the typical active US equity fund at 0.65%, and well above the cohort's highest-rated names: DFAU at 0.12%, AVLC at 0.15%, DFAC at 0.17%.
- Thinly traded and small. Bid-ask spreads tend to be wider on funds like this, which adds a cost that never shows up in the expense ratio.
- Launched in 2024, so the record is short. There is not yet enough history to see how the manager's picks behave across a full market cycle.
KEAT Holdings
- Stocks
- 30
- 69%
- STIP
Sectors
- Financials29.7%
- Energy22.8%
- Consumer Staples15.7%
- Materials15.1%
- Communication9.7%
- Health Care3.4%
- Industrials3.2%
- Real Estate0.4%
Geography
- United States52.07%
- Canada17.21%
- United Kingdom15.63%
- France6.31%
- Norway4.64%
- Bermuda2.23%
- Switzerland1.77%
- Netherlands0.14%
Developed 95% · Emerging 5%
KEAT 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.Not enough history yet.Not enough history yet.
KEAT$11,643
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 | KEAT |
|---|---|
| Year to date | +10.3% |
| 1 month | −4.1% |
| 3 months | +4.3% |
| 1 year | +16.4% |
| 3 years | — |
| 5 years | — |
| 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 | KEAT |
|---|---|---|
| 2026 YTD | +10.3% | |
| 2025 | +22.7% | |
| 2024 | +2.4% |
KEAT in the news
KEAT Dividends
- 2.79%
- $0.92
- $0.22 per share
- Quarterly
Distribution history
KEAT Risk
- 12.7%
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.
- 0.70
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.
- −10.6%
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.
- 0.14
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
KEAT Cost
0.85%
KEAT0.85%
- The middle half of US Active Equity funds
- Median 0.70%
85 of the 123 US Active Equity funds charge less.
Other funds in US Active Equity
- DPSTRPeakshares Sector Rotation ETFExpense ratio 2.88%1 year return +17.8%
- DWBILWBI BullBear Quality 3000 ETFExpense ratio 1.65%1 year return +19.7%
- DMSTBLHA Market State Tactical Beta ETFExpense ratio 1.40%1 year return +14.6%
- DPRMRPeakShares RMR Prime Equity ETFExpense ratio 2.88%1 year return —
- DFFFFounders 100 ETFExpense ratio 0.75%1 year return —