North Shore Equity Rotation ETF
$14.69−0.15 (−1.00%)
- Expense ratio
- 1.32%
- Fund size
- $61M
- 1Y return
- +17.8%
- Yield · Last 12 months
- 0.42%
- Holdings
- 47
- Volume · 30D
- 0M sh
- NAV per share
- $14.85
- 52W range
The ETF.net KOOL Grade
Score 34 of 100 sits in the D 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.FScore 21Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 76Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 61Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 18Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 56Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 46Category rank
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
- 47
- 43%
- NVDA
Sectors
- Financials29.4%
- Technology17.1%
- Energy12.9%
- Industrials9.6%
- Communication7.1%
- Cons. Staples5.9%
- Materials5.9%
- Health Care4.6%
- Consumer Discr.4.3%
- Utilities2.1%
- Real Estate1.1%
Geography
- United States94.10%
- Canada4.78%
- Mexico1.11%
KOOL 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 | KOOL |
|---|---|
| Year to date | +17.5% |
| 1 month | +1.6% |
| 3 months | +3.2% |
| 1 year | +17.8% |
| 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 | +17.5% | |
| 2025 | +16.0% | |
| 2024 | +10.7% |
KOOL in the news
ETF.net Research hasn’t filed on KOOL yet — coverage lands here as it’s written.
KOOL Dividends
- 0.42%
- $0.06
- $0.02 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 29, 2026 | Jun 30, 2026 | $0.02 |
| Mar 30, 2026 | Mar 31, 2026 | $0.0079 |
| Dec 30, 2025 | Dec 31, 2025 | $0.02 |
| Sep 29, 2025 | Sep 30, 2025 | $0.01 |
| Jun 27, 2025 | Jun 30, 2025 | $0.01 |
| Mar 28, 2025 | Mar 31, 2025 | $0.0045 |
| Dec 30, 2024 | Dec 31, 2024 | $0.02 |
| Sep 27, 2024 | Sep 30, 2024 | $0.01 |
| Jun 28, 2024 | Jul 1, 2024 | $0.02 |
KOOL Risk
- 12.3%
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.
- 1.23
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
- The middle half of US Active Equity funds
- Median 0.70%
109 of the 124 US Active Equity funds charge less.