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LST

GradeBNew York Stock Exchange Arca

Leuthold Select Industries ETF

Active Equity · Leuthold · Inception 2000-06-19

$47.51−0.33 (−0.68%)

As of Sep 23, 2026, 3:03 PM EDT

History starts Dec 20, 2024.
Intraday session: down, 66 prints from 47.83 to 47.51. Range 47.45 to 47.70. Use the arrow keys to read each point.$47.60$47.7010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$126M
1Y return
+21.2%
Yield · Last 12 months
Data unavailable
Holdings
119
Volume · 30D
0.1M sh
NAV per share
$47.52
52W range
low $37.80high $51.35

The ETF.net LST Grade

B

65/ 100

Rank 31 of 127 in US Active Equity⁠

Confidence Medium

Six-pillar profile for LST. Scores out of 100: Cost 54, Risk 55, Mission not scored, Tradability 83, Holdings 90, Durability 69. Strongest: Holdings (90). Weakest: Cost (54). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 65 of 100 sits in the B 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.
    CScore 54
    Category rank59/127 · top 46%

  • 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 55
    Category rank53/126 · top 42%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 83
    Category rank14/127 · top 11%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 90
    Category rank3/124 · top 2%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 69
    Category rank35/127 · top 28%

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

Our read on LST

ETF.net Research

BLeuthold's Select Industries Strategy in ETF form: an active, go-anywhere US portfolio that ranks companies on growth, momentum, quality, profitability and value instead of betting the whole book on one style.

Stated mandate

The Fund seeks capital appreciation by investing primarily in U.S.-traded equity securities across companies of all sizes and industries.

Why people hold it

  1. 01Five factors, one fund. Growth, momentum, profitability, quality and value all feed selection, so no single style's cold streak sets the tone alone.
  2. 02Go-anywhere mandate: US-traded companies of any size and any industry, which keeps small and mid caps on the menu rather than megacaps only.
  3. 03At 0.65% it charges what a typical active US equity ETF charges. No boutique surcharge for a discretionary manager.
  4. 04Sits in the stronger tier of the active US equity funds we cover, helped by how the portfolio is assembled and how cleanly the shares change hands.

Worth knowing

  1. 01Launched in December 2024, so there is no full market cycle behind the ETF yet, only a short live record.
  2. 02Cheap core rivals undercut it hard: DFAU runs 0.12% and FELC 0.18%. The 0.65% here buys active stock picking, not index tracking.
  3. 03Small fund, moderate trading. Spreads can run wider than on giant index ETFs, so limit orders matter more here.

LST Holdings

As of Sep 20, 2026, 9:24 AM
Asset class
Stocks
Holdings
119
Top-10 weight
19%
Largest holding
DELL2.7%

Geography

  • United States85.07%
  • Canada6.15%
  • United Kingdom2.82%
  • Bermuda2.14%
  • Sweden1.07%
  • Ireland1.07%
  • Israel0.74%
  • Luxembourg0.56%
  • Other countries (1)0.37%
The fund’s holdings, weight-ordered — page 1 of 8.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001DELLDell Technologies Inc2.65%5,897$3M427
002GOOGLAlphabet Inc2.12%7,667$3M704
003AMDAdvanced Micro Devices Inc2.00%4,507$3M618
004MSFTMicrosoft Corp1.97%5,036$2M792
005CAHCardinal Health Inc1.81%10,157$2M367
006MCKMcKesson Corp1.79%2,587$2M356
007CSCOCisco Systems Inc1.69%19,451$2M567
008METAMeta Platforms Inc1.69%3,200$2M683
009JPMJPMORGAN CHASE & CO.1.43%5,155$2M478
010CCitigroup Inc1.41%13,537$2M407
011FDXFedEx Corp1.39%5,770$2M328
012FLEXFlex Ltd1.34%15,649$2M305
013FFIVF5 Inc1.32%3,868$2M333
014NOWServiceNow Inc1.29%12,034$2M426
015KGCKinross Gold Corp1.28%57,510$2M39

Showing 1–15 of 119 holdings

LST Performance

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

LST$12,124
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. LST $12,124. SPY $11,723. Use the arrow keys to read each point.$9,309$10,921$12,533Sep 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 LST. Periods over one year show the average yearly return.
PeriodLST
Year to date+19.1%
1 month−0.0%
3 months+2.9%
1 year+21.2%
3 yearsHistory unavailable—per year
5 yearsHistory unavailable—per year
10 yearsHistory unavailable—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 LST
YearReturn barLST
2026 YTD+19.1%

LST in the news

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

LST 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.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.15 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 2 payments from 2025 to 2026 YTD. Nov 20, 2025 $0.39; Dec 11, 2025 $0.15. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 11, 2025Dec 12, 2025$0.15
Nov 20, 2025Nov 21, 2025$0.39

LST Risk

How much the fund’s monthly returns vary, scaled to a year.
34.4%
Annualised · 20 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.
1.20
vs 3-month T-bills · 20 months 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.
−27.7%
21 months · trough Jan 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.
0.96
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.

LST Cost

Expense ratio0.65%
  • The middle half of US Active Equity funds
  • Median 0.70%

55 of the 124 US Active Equity funds charge less.

LST costs $65.00 a year on $10,000. The median US Active Equity fund costs $70.00.