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Launched · SEC filings

VanEck Long/Flat Trend ETF

LFEQNYSE ArcaVanEckB

$59.980.00 (0.00%)

As of Nov 10, 2026, 10:45 AM ET

B60/ 100

Rank 8 of 20 in Trend-Following / Tactical Index

B60/100Rank 8 of 20inTrend-Following / Tactical Index
Intraday session: flat, 13 prints from 59.98 to 59.98. Range 59.68 to 59.98. Use the arrow keys to read each point.59.7059.7559.8059.8559.9010 AM12 PM2 PM4 PM
Expense ratio
0.58%*
Fund size
$26M
1Y total return
+12.5%
Yield · Last 12 months
0.82%
Holdings
2
Avg volume · 30D
1.09K sh
52W range
low $50.27high $62.16
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Feb 1, 2027. Without it: 0.83%.

The ETF.net LFEQ Grade

Based on 5 of 6 pillars

B

Score 60 out of 100

Category
Trend-Following / Tactical Index⁠
Rank
8 of 20
Six-pillar profile for LFEQ. Scores out of 100: Cost 79, Risk 64, Mission not scored, Tradability 34, Holdings 36, Durability 62. Strongest: Cost (79). Weakest: Tradability (34). Based on 5 of 6 pillars.

Score 60 of 100 falls in the B 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.
    A79 out of 100
    Rank 5 of 20

  • 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.
    B64 out of 100
    Rank 6 of 20

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D34 out of 100
    Rank 14 of 20

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D36 out of 100
    Rank 18 of 20

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B62 out of 100
    Rank 6 of 20

Our read on LFEQ

ETF.net Research

In short

BTrend 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

  • 0.58% a year, against a median near 0.95% for tactical multi-asset funds. Rules-based risk management usually costs more than this.
  • The 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.
  • Trading since 2017, so the signal has run through live markets and real drawdowns rather than a backtest.

Worth knowing

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

LFEQ Performance

Launched Oct 4, 2017

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.
LFEQ$11,250
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. LFEQ $11,250. SPY $11,339. Use the arrow keys to read each point.$10,000$11,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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+10.3%
1 month−3.7%
3 months−2.8%
1 year+12.5%
3 yearsper year+17.6%
5 yearsper year+7.6%
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 LFEQ
YearReturn barLFEQ
2026 YTD+10.3%
2025+10.5%
2024+24.3%
2023+19.6%
2022−22.0%
2021+27.9%
2020+17.6%

LFEQ in the news

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 Nov 9, 2026.
0.82%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

$10,000 in LFEQ 5 years ago paid $471 in dividends.

LFEQ Risk

Risk pillarB64 out of 100Rank 6 of 20 in Trend-Following / Tactical Index
How much the fund’s monthly returns vary, scaled to a year.
12.0%
Annualised · 36 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.
1.16
vs 3-month T-bills · 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.
−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.
0.90
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.

LFEQ Cost

Compare LFEQ and WAMA

Overpaying vs WAMA, cheapest in Trend-Following / Tactical Index

$4,716

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

  • LFEQ 0.58%

    $11,453

  • WAMA 0.33% Cheapest

    $6,737

$10,000
30 years

Cost over time

  • LFEQ 0.58%
  • WAMA 0.33%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530LFEQ $11,453WAMA $6,737

Year by year

YearLFEQWAMAOverpaying
10$1,041$598$443
20$3,986$2,318$1,668
30$11,453$6,737$4,716
How the 0.58% is worked out

Full fee 0.83%− waiver 0.25%= you pay 0.58%

The waiver ends Feb 1, 2027. After that the fee is 0.83% unless VanEck renews it. Source: prospectus, Jan 2026.

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