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LFEQ

GradeCNew York Stock Exchange Arca

VanEck Long/Flat Trend ETF

Major Indexes · VanEck · Inception 2017-10-04 · SEC filings

$61.26−0.40 (−0.65%)

As of Sep 23, 2026, 12:01 PM EDT

Intraday session: down, 3 prints from 61.66 to 61.26. Range 61.23 to 61.66. Use the arrow keys to read each point.$61.20$61.40$61.6010 AM12 PM2 PM4 PM
Expense ratio
0.58%
Fund size
$28M
1Y return
+16.6%
Yield · Last 12 months
0.79%
Holdings
2
Volume · 30D
0M sh
NAV per share
$61.64
52W range
low $50.27high $61.84

The ETF.net LFEQ Grade

C

54/ 100

Rank 12 of 20 in Trend-Following / Tactical Index⁠

Confidence Medium

Six-pillar profile for LFEQ. Scores out of 100: Cost 58, Risk 67, Mission not scored, Tradability 43, Holdings 36, Durability 59. Strongest: Risk (67). Weakest: Holdings (36). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 54 of 100 sits in the C 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.
    BScore 58
    Category rank9/20 · top 45%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 67
    Category rank5/20 · top 25%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 43
    Category rank14/20 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 36
    Category rank18/20 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 59
    Category rank8/20 · top 40%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on LFEQ

ETF.net Research

CTrend following in an ETF wrapper: LFEQ tracks a Ned Davis Research index that uses daily signals to shift between US large-cap stocks and Treasury bills, trimming equity when the tape weakens. Live since 2017, priced below its peer median.

Stated mandate

The fund seeks to track the price and yield performance of the Ned Davis Research CMG US Large Cap Long/Flat Index. The index uses daily signals to vary exposure between U.S. equities and Treasury bills, seeking participation in advances while limiting losses in declines.

Why people hold it

  1. 010.58% a year, against a median near 0.95% for tactical multi-asset funds. Rules-based risk management usually costs more than this.
  2. 02The de-risking is mechanical, not discretionary: daily index signals move exposure between US equities and T-bills. No manager's gut call on when to step aside.
  3. 03Trading since 2017, so the signal has run through live markets and real drawdowns rather than a backtest.

Worth knowing

  1. 01Trend rules follow price, not forecasts. A sharp V-shaped rebound can get underway while the index is still sitting in Treasury bills.
  2. 02It stays a small, thinly traded fund, which typically means wider bid-ask spreads than a mainstream large-cap index ETF.
  3. 03Cheaper than tactical peers TUGN (0.65%) and PWS (0.60%), though ENDW (0.22%) and ONOF (0.39%) run leaner.

LFEQ Holdings

As of Sep 20, 2026, 6:07 AM
Asset class
Stocks
Holdings
2
Top-10 weight
100%
Largest holding
VOO99.8%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001VOOVanguard S&P 500 ETF99.77%38,829$27M57
002—-USD CASH-0.40%108,541$109K59

Showing 1–2 of 2 holdings

LFEQ Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

LFEQ$11,664
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. LFEQ $11,664. SPY $11,723. Use the arrow keys to read each point.$9,329$10,635$11,942Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for LFEQ. Periods over one year show the average yearly return.
PeriodLFEQ
Year to date+13.8%
1 month+1.2%
3 months+4.1%
1 year+16.6%
3 years+18.9%per year
5 years+9.7%per year
10 yearsFund is under 10 years old—per year

As of the close, 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 LFEQ
YearReturn barLFEQ
2026 YTD+13.8%
2025+10.5%
2024+24.3%
2023+19.6%
2022−22.0%
2021+27.9%
2020+17.6%

LFEQ in the news

ETF.net Research hasn’t filed on LFEQ yet — coverage lands here as it’s written.

LFEQ 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 Sep 22, 2026.
0.79%Last 12 months
Payout per share
$0.49Last 12 months
Last payment
$0.49 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2017–2026

One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 27, 2017 $0.10; Dec 20, 2018 $0.26; Dec 23, 2019 $0.43; Dec 29, 2020 $0.71; Dec 29, 2021 $0.16; Dec 28, 2022 $0.41; Dec 27, 2023 $0.63; Dec 27, 2024 $0.36; Dec 29, 2025 $0.49. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 29, 2025Dec 31, 2025$0.49
Dec 27, 2024Dec 30, 2024$0.36
Dec 27, 2023Dec 29, 2023$0.63
Dec 28, 2022Dec 30, 2022$0.41
Dec 29, 2021Dec 31, 2021$0.16
Dec 29, 2020Jan 5, 2021$0.71
Dec 23, 2019Dec 30, 2019$0.43
Dec 20, 2018Dec 27, 2018$0.26
Dec 27, 2017Dec 29, 2017$0.10

LFEQ Risk

How much the fund’s monthly returns vary, scaled to a year.
12.6%
Annualised · 36 months to Aug 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.
0.94
vs 3-month T-bills · to Aug 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.
−25.5%
Trough Oct 2022
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.
0.94
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.

LFEQ Cost

Expense ratio0.58%
  • The middle half of Trend-Following / Tactical Index funds
  • Median 0.60%

8 of the 20 Trend-Following / Tactical Index funds charge less.

LFEQ costs $58.00 a year on $10,000. The median Trend-Following / Tactical Index fund costs $60.00.