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Launched · SEC filings

Fundamentals First ETF

KNOWCboeD

$12.96+0.13 (+0.99%)

As of Nov 2, 2026, 3:56 PM ET

D34/ 100

Rank 36 of 44 in Global Active Equity

D34/100Rank 36 of 44inGlobal Active Equity
Intraday session: up, 72 prints from 12.83 to 12.96. Range 12.83 to 12.98. Use the arrow keys to read each point.12.8512.8812.9012.9310 AM12 PM2 PM4 PM
Expense ratio
1.10%
Fund size
$9M
1Y total return
+15.6%
Yield · Last 12 months
1.23%
Holdings
89
Avg volume · 30D
2.24K sh
52W range
low $10.98high $13.29
Launched
Filings
SEC EDGAR

The ETF.net KNOW Grade

Based on 5 of 6 pillars

D

Score 34 out of 100

Category
Global Active Equity⁠
Rank
36 of 44
Six-pillar profile for KNOW. Scores out of 100: Cost 7, Risk 76, Mission not scored, Tradability 22, Holdings 75, Durability 33. Strongest: Risk (76). Weakest: Cost (7). Based on 5 of 6 pillars.

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.
    F7 out of 100
    Rank 41 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.
    A76 out of 100
    Rank 3 of 42

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F22 out of 100
    Rank 38 of 44

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A75 out of 100
    Rank 10 of 44

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D33 out of 100
    Rank 38 of 44

Our read on KNOW

ETF.net Research

In short

DMason Capital ran this strategy in private funds for decades before wrapping it in an ETF: roughly 100 global businesses plus a bond sleeve, no single position over 5% at purchase. The fee is 1.10%, above the category norm.

Stated mandate

The Fund seeks income and capital growth.

Why people hold it

  • A 5% cap per holding, measured at purchase, and the fund sells down anything that drifts above it. One company's bad news can dent this portfolio, not define it.sec.gov
  • One ticket covers both sides of a portfolio: 65% to 90% in stocks, 10% to 35% in bonds, US and non-US, any market cap, ADRs for foreign names. Distributions come quarterly.sec.gov
  • Long-only, low-turnover, buy-and-hold by design. Names come from company filings, industry data and management interviews rather than an index screen.cboe.comsec.gov
  • About 100 holdings, so every pick has to earn its slot. No index to hug and no derivatives sleeve, just listed stocks and bonds.sec.gov

Worth knowing

  • At 1.10% with no waiver, the fee sits above the category median (42 funds priced). Broad global-equity rivals AVTM (0.22%) and AVGE (0.23%) charge a fraction of it.
  • A small fund that trades thinly, so spreads can run wide and size can move the price. Limit orders and patience matter more here than with a mega-cap index fund.
  • Outcomes ride on one team's judgment: no benchmark to track, and the bond sleeve may hold any maturity or credit quality the managers pick.sec.gov

KNOW Holdings

Holdings pillarA75 out of 100Rank 10 of 44 in Global Active Equity
Asset class
Other
Holdings
89
Top-10 weight
24%
Largest holding
JPMorgan 100% US Treasury Securities Money Market Fund 01/01/20546.0%

Sectors

  • Industrials23.9%
  • Energy19.4%
  • Technology17.5%
  • Financials9.9%
  • Materials6.4%
  • Health Care6.1%
  • Consumer Discretionary4.2%
  • Utilities3.8%
  • Communication3.3%
  • Consumer Staples3.1%
  • Real Estate2.4%

Geography

  • United States72.64%
  • Canada6.34%
  • France5.05%
  • Switzerland5.04%
  • Taiwan2.57%
  • United Kingdom2.51%
  • Mexico1.79%
  • Norway1.39%
  • Other countries (14)2.67%

Developed 79% · Emerging 21% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 6.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataJPMorgan 100% US Treasury Securities Money Market Fund 01/01/20545.98%517,228$517K2
2TSMTaiwan Semiconductor Manufacturing Co Ltd2.41%514$209K283
3GOOGAlphabet Inc2.17%675$188K480
4KLACKla Corp2.09%1,143$180K514
5LRCXLam Research Corp1.96%708$169K603
6NVSNovartis AG1.86%999$161K54
7GWWWW Grainger Inc1.81%115$156K328
8IBDUiShares iBonds Dec 2029 Term Corporate ETF1.80%6,841$156K1
9IBDViShares iBonds Dec 2030 Term Corporate ETF1.78%7,231$154K2
10IBDWiShares iBonds Dec 2031 Term Corporate ETF1.77%7,585$153K2
11IBDXiShares iBonds Dec 2032 Term Corporate ETF1.77%6,290$153K2
12LINLinde PLC1.72%290$149K343
13ATOAtmos Energy Corp1.67%837$144K286
14WESWestern Midstream Partners LP1.64%3,131$142K39
15ETEnergy Transfer LP1.64%6,800$142K51

Showing 1–15 of 89 holdings

KNOW Performance

Launched Feb 21, 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.
KNOW$11,561
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. KNOW $11,561. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 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 KNOW. Periods over one year show the average yearly return.
PeriodKNOW
Year to date+13.4%
1 month+1.6%
3 months−1.1%
1 year+15.6%
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 KNOW
YearReturn barKNOW
2026 YTD+13.4%
2025+8.2%
2024+7.3%

History from Feb 27, 2024

KNOW in the news

KNOW 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.
1.23%Last 12 months
Payout per share
$0.16Last 12 months
Last payment
$0.03 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2024–2026

One bar per payment. 11 payments from 2024 to 2026 YTD. Mar 26, 2024 $0.02; Jun 26, 2024 $0.05; Sep 25, 2024 $0.03; Dec 24, 2024 $0.04; Mar 25, 2025 $0.03; Jun 24, 2025 $0.07; Sep 23, 2025 $0.04; Dec 19, 2025 $0.04; Mar 24, 2026 $0.03; Jun 23, 2026 $0.06; Sep 22, 2026 $0.03. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Sep 23, 2026$0.03
Jun 23, 2026Jun 24, 2026$0.06
Mar 24, 2026Mar 25, 2026$0.03
Dec 19, 2025Dec 22, 2025$0.04
Sep 23, 2025Sep 24, 2025$0.04
Jun 24, 2025Jun 25, 2025$0.07
Mar 25, 2025Mar 26, 2025$0.03
Dec 24, 2024Dec 26, 2024$0.04
Sep 25, 2024Sep 26, 2024$0.03
Jun 26, 2024Jun 27, 2024$0.05
Mar 26, 2024Mar 28, 2024$0.02

$10,000 in KNOW 1 year ago paid $140 in dividends.

KNOW Risk

Risk pillarA76 out of 100Rank 3 of 42 in Global Active Equity
How much the fund’s monthly returns vary, scaled to a year.
10.7%
Annualised · 32 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.
0.60
vs 3-month T-bills · 32 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.
−16.0%
32 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.
0.58
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.

KNOW Cost

Compare KNOW and AVTM

Overpaying vs AVTM, cheapest in Global Active Equity

$15,733

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

  • KNOW 1.10%

    $20,291

  • AVTM 0.22% Cheapest

    $4,558

$10,000
30 years

Cost over time

  • KNOW 1.10%
  • 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$15K$20K$25K051015202530KNOW $20,291AVTM $4,558

Year by year

YearKNOWAVTMOverpaying
10$1,931$401$1,530
20$7,225$1,561$5,664
30$20,291$4,558$15,733

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