Launch Roundup
Subversive ETFs listed S&P 500 and Nasdaq-100 funds that exclude Elon Musk's companies
Liberty One Tactical Income ETF
$25.62+0.01 (+0.05%)
- 1.04%
- $48M
- +3.5%
- 0M sh
- $25.55
- low $25.00high $26.51
The ETF.net LOTI Grade
C
Score 55 out of 100
- 7 of 15
Score 55 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. The letter stays C for now. A new letter must hold for 3 published runs before it replaces it.
Cost
The fund’s net expense ratio, ranked against its category.D29 out of 100Rank 11 of 15Mission
Whether the fund did what it promised, tested against its stated mandate.A90 out of 100Rank 3 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C51 out of 100Rank 6 of 15Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C53 out of 100Rank 7 of 15Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A73 out of 100Rank 3 of 13Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F21 out of 100Rank 15 of 15
Our read on LOTI
CA balanced portfolio in one ticker: stocks for growth, bond ETFs for income. Launched in 2025, it charges active-manager prices for the blend, which is the trade-off against the index-built allocation funds it sits beside.
The Fund seeks current income and the opportunity for capital appreciation to produce a total return.
Why people hold it
- Two jobs, one ticker: equities paired with fixed income ETFs, aiming at current income plus capital appreciation.
- What it owns lines up closely with what the prospectus describes: a balanced multi-asset mix, with no style drift to squint at.
- No declared index behind it, so the stock and bond mix is set by the manager rather than pinned to a fixed 60/40 rule.
Worth knowing
- The 1.04% annual fee runs above the typical allocation fund, and index-built one-ticker peers like AOA and IRTR charge a fraction of that.
- It launched in 2025, so there is no long record to judge, and the asset base is still small.
- Shares trade thinly, which can widen spreads, and income arrives on an irregular schedule rather than a set monthly or quarterly cadence.
LOTI Holdings
- Other
- 34
- 52%
- JPIE
Geography
- United States97.58%
- Switzerland2.42%
LOTI Performance
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.
LOTI$10,347
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 | LOTI |
|---|---|
| Year to date | +3.5% |
| 1 month | −0.3% |
| 3 months | −1.6% |
| 1 year | +3.5% |
| 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 | LOTI |
|---|---|---|
| 2026 YTD | +3.5% | |
| 2025 | +0.4% |
LOTI in the news
LOTI Dividends
- $0.08 per share
- Monthly
Distribution data unavailable.
Distribution history
LOTI Risk
- 7.0%
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.
- −0.20
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.
- −4.4%
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.
- 0.15
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
LOTI Cost
1.04%
LOTI1.04%
- The middle half of Multi-Asset Income funds
- Median 0.65%
10 of the 15 Multi-Asset Income funds charge less.
Other funds in Multi-Asset Income
- BMDIVMulti-Asset Diversified Income Index FundExpense ratio 0.83%1 year return +9.9%
- BALTYGlobal X Alternative Income ETFExpense ratio 0.50%1 year return +8.5%
- CCVYInvesco Zacks Multi-Asset Income ETFExpense ratio 1.15%1 year return +16.4%
- CHNDLStrategy Shares Nasdaq 7HANDL Index ETFExpense ratio 0.95%1 year return +6.6%
- CFTHBFIS Faith Income ETFExpense ratio 0.65%1 year return —