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Launched · SEC filings

North Shore Equity Rotation ETF

KOOLNYSE ArcaD

$14.29−0.04 (−0.24%)

As of Nov 3, 2026, 1:13 PM ET

D30/ 100

Rank 112 of 126 in US Active Equity

D30/100Rank 112 of 126inUS Active Equity
Intraday session: down, 43 prints from 14.32 to 14.29. Range 14.17 to 14.29. Use the arrow keys to read each point.14.1814.2014.2214.2510 AM12 PM2 PM4 PM
Expense ratio
0.93%*
Fund size
$57M
1Y total return
+12.1%
Yield · Last 12 months
0.43%
Holdings
38
Avg volume · 30D
5.02K sh
52W range
low $12.27high $15.08
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Jul 31, 2027. Without it: 1.32%.

The ETF.net KOOL Grade

D

Score 30 out of 100

Category
US Active Equity⁠
Rank
112 of 126
Six-pillar profile for KOOL. Scores out of 100: Cost 20, Risk 49, Mission 77, Tradability 14, Holdings 50, Durability 46. Strongest: Mission (77). Weakest: Tradability (14). Leans toward Mission.

Score 30 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.
    F20 out of 100
    Rank 101 of 126

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A77 out of 100
    Rank 20 of 49

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C49 out of 100
    Rank 70 of 126

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F14 out of 100
    Rank 117 of 126

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C50 out of 100
    Rank 77 of 124

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C46 out of 100
    Rank 78 of 126

Our read on KOOL

ETF.net Research

In short

DA sector-rotation fund that published its playbook: the prospectus names four business-cycle stages and the sectors KOOL tilts toward in each, from staples and utilities in a recession to tech and financials in an expansion.

Stated mandate

The Fund seeks to outperform the S&P 500 Index through investments across different equity-market sectors.

Why people hold it

  • The playbook is in writing. The prospectus names four cycle stages (recession, recovery, expansion, slowdown) and the sectors the fund leans into in each.sec.gov
  • Views get expressed through both single stocks and sector ETFs, so one trade can shift a whole sleeve. The book stays concentrated, at roughly 40 positions.sec.gov
  • The adviser reviews GDP, employment, consumer spending and inflation at least monthly, so the stage call runs on a set cadence rather than on headlines.sec.gov
  • The mandate is global, not U.S.-only, so the rotation can reach foreign equities as well as domestic ones.sec.gov

Worth knowing

  • Pricier than most of the category: 0.93% net of a waiver through July 31, 2027, versus a 1.32% gross rate, while peers like DFAU at 0.12% and AVLC at 0.15% sit far below.
  • Thinly traded and non-diversified, so spreads can bite on entry and exit and a handful of names can drive results.sec.gov
  • Everything rides on the adviser's read of the cycle, and the prospectus notes the stages can repeat or arrive out of order.sec.gov

KOOL Performance

Launched Apr 1, 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.
KOOL$11,214
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. KOOL $11,214. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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 KOOL. Periods over one year show the average yearly return.
PeriodKOOL
Year to date+13.7%
1 month−1.7%
3 months+1.3%
1 year+12.1%
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 KOOL
YearReturn barKOOL
2026 YTD+13.7%
2025+16.0%
2024+10.7%

History from Apr 2, 2024

KOOL in the news

KOOL 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 Nov 2, 2026.
0.43%Last 12 months
Payout per share
$0.06Last 12 months
Last payment
$0.01 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. 10 payments from 2024 to 2026 YTD. Jun 28, 2024 $0.02; Sep 27, 2024 $0.01; Dec 30, 2024 $0.02; Mar 28, 2025 $0.0045; Jun 27, 2025 $0.01; Sep 29, 2025 $0.01; Dec 30, 2025 $0.02; Mar 30, 2026 $0.0079; Jun 29, 2026 $0.02; Sep 29, 2026 $0.01. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Sep 29, 2026Sep 30, 2026$0.01
Jun 29, 2026Jun 30, 2026$0.02
Mar 30, 2026Mar 31, 2026$0.0079
Dec 30, 2025Dec 31, 2025$0.02
Sep 29, 2025Sep 30, 2025$0.01
Jun 27, 2025Jun 30, 2025$0.01
Mar 28, 2025Mar 31, 2025$0.0045
Dec 30, 2024Dec 31, 2024$0.02
Sep 27, 2024Sep 30, 2024$0.01
Jun 28, 2024Jul 1, 2024$0.02

$10,000 in KOOL 1 year ago paid $48.54 in dividends.

KOOL Risk

Risk pillarC49 out of 100Rank 70 of 126 in US Active Equity
How much the fund’s monthly returns vary, scaled to a year.
12.2%
Annualised · 30 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.
1.05
vs 3-month T-bills · 30 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.
−20.5%
31 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.
0.95
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.

KOOL Cost

Compare KOOL and TACU

Overpaying vs TACU, cheapest in US Active Equity

$17,539

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

  • KOOL 0.93%

    $17,539

  • TACU 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • KOOL 0.93%
  • TACU 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530KOOL $17,539TACU $0

Year by year

YearKOOLTACUOverpaying
10$1,644$0$1,644
20$6,199$0$6,199
30$17,539$0$17,539
How the 0.93% is worked out

Full fee 1.32%− waiver 0.39%= you pay 0.93%

The waiver ends Jul 31, 2027. After that the fee is 1.32% unless North Shore renews it. Source: prospectus, Aug 2026.

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