North Shore Equity Rotation ETF
$14.94+0.04 (+0.26%)
- 1.32%
- $61M
- +20.6%
- 0.41%
- 0M sh
- $14.96
- low $12.27high $15.08
The ETF.net KOOL Grade
D
Score 27 out of 100
- 113 of 127
Score 27 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.F12 out of 100Rank 112 of 127Mission
Whether the fund did what it promised, tested against its stated mandate.A76 out of 100Rank 21 of 48Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C46 out of 100Rank 80 of 126Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F14 out of 100Rank 120 of 127Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C54 out of 100Rank 67 of 124Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C45 out of 100Rank 79 of 127
Our read on KOOL
DA young active fund with one stated job: beat the S&P 500 by rotating across equity sectors. The rotation call is the entire product, and you pay a premium price for someone else to make it.
The Fund seeks to outperform the S&P 500 Index through investments across different equity-market sectors.
Why people hold it
- The mandate is refreshingly blunt: seek to outperform the S&P 500 through investments across different equity-market sectors. One yardstick, easy to check, rarer in active equity than you'd think.
- The portfolio has stayed closely in line with the sector-rotation mandate it advertises, so the label on the tin matches what's inside.
- The sector hunt is global, not fenced to US large caps, and the fund is a plain 1940 Act ETF paying on a quarterly cadence. No derivatives wrapper to decode.
Worth knowing
- At 0.94% a year, the fee sits well above the 0.65% median for active US equity ETFs, and the factor-rotation rival DYNF runs at 0.26%. That gap is the hurdle the manager starts behind.
- It's thinly traded for its category, which typically means wider spreads than the mega-funds. Limit orders are the standard tool in this corner of the market.
- Launched in 2024, so the risk picture rests on about a year of data and there's no full-cycle record yet against the cheap core-equity funds that lead this group.
KOOL Holdings
- Stocks
- 40
- 45%
- NVDA
Sectors
- Technology21.7%
- Energy15.6%
- Industrials11.7%
- Financials10.6%
- Health Care9.1%
- Communication8.7%
- Consumer Staples7.2%
- Materials6.2%
- Consumer Discretionary5.5%
- Real Estate1.9%
- Utilities1.7%
Geography
- United States93.69%
- Canada4.88%
- Mexico1.43%
KOOL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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KOOL$12,061
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 | KOOL |
|---|---|
| Year to date | +17.7% |
| 1 month | +1.0% |
| 3 months | +3.4% |
| 1 year | +20.6% |
| 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 | KOOL |
|---|---|---|
| 2026 YTD | +17.7% | |
| 2025 | +16.0% | |
| 2024 | +10.7% |
KOOL in the news
KOOL Dividends
- 0.41%
- $0.06
- $0.01 per share
- Quarterly
Distribution history
KOOL Risk
- 12.2%
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.
- 1.17
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.
- −20.5%
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.
- 0.94
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
KOOL Cost
1.32%
KOOL1.32%
- The middle half of US Active Equity funds
- Median 0.70%
109 of the 123 US Active Equity funds charge less.
Other funds in US Active Equity
- DRHRXAdaptive Tactical Rotation ETFExpense ratio 1.38%1 year return +21.8%
- DGGMGGM Macro Alignment ETFExpense ratio 0.94%1 year return +16.8%
- DRULEAdaptive Core ETFExpense ratio 2.24%1 year return +39.2%
- DHCMTDirexion HCM Tactical Enhanced US ETFExpense ratio 1.18%1 year return +21.1%
- DBSRBeacon Unified Catalyst ETFExpense ratio 1.48%1 year return +9.1%