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MDAA

GradeBNew York Stock Exchange Arca

Myriad Dynamic Asset Allocation ETF

Multi-Asset & Alternatives · Myriad Capital · Inception 2025-10-03 · SEC filings

$118.25+0.00 (+0.00%)

As of Sep 23, 2026, 9:46 AM EDT

Market opens at 9:30 AM ET.History starts Oct 3, 2025.History starts Oct 3, 2025.
Intraday session: up, 5 prints from 116.03 to 118.25. Range 116.03 to 118.25. Use the arrow keys to read each point.$116.00$117.00Sep 17Sep 18Sep 22Sep 23
Expense ratio
0.97%
Fund size
$457M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$117.97
52W range
low $94.59high $122.75

The ETF.net MDAA Grade

B

55/ 100

Rank 24 of 46 in Tactical Allocation⁠

Confidence High

Six-pillar profile for MDAA. Scores out of 100: Cost 43, Risk 24, Mission 94, Tradability 17, Holdings 88, Durability 70. Strongest: Mission (94). Weakest: Tradability (17). Leans toward Mission and Holdings.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 55 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 43
    Category rank26/46 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 94
    Category rank1/26 · top 4%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 24
    Category rank41/46 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 17
    Category rank38/46 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 88
    Category rank2/42 · top 5%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 70
    Category rank9/46 · top 20%

Graded as of Sep 22, 2026

Our read on MDAA

ETF.net Research

BA go-anywhere multi-asset fund that names its opponent out loud: the classic 60/40. MDAA chases long-term growth first and capital preservation second, shifting across global stocks and bonds to try to beat that blend.

Stated mandate

The Fund seeks long-term capital appreciation and, secondarily, capital preservation. It aims to outperform a benchmark consisting of 60% global equities and 40% global bonds over the long term.

Why people hold it

  1. 01The prospectus names the yardstick: 60% global equities, 40% global bonds. Most tactical funds stay vague about what they are actually trying to beat.
  2. 02Capital preservation is written in as the secondary objective, so managing the downside is part of the stated mandate rather than a marketing line.
  3. 03Global reach across asset classes in one ticker, held in a standard 1940 Act ETF wrapper: 1099 tax reporting, no K-1, ordinary ETF plumbing.

Worth knowing

  1. 01At 0.97% the fee sits right at the tactical multi-asset median (0.95%), but the cohort's top-rated names run cheaper: ENDW at 0.22%, ONOF at 0.39%. Cost is part of the 60/40 hurdle.
  2. 02Launched in 2025, so the record is short. A tactical allocation process only shows what it is across a full market cycle.
  3. 03Trades lightly next to the category's busiest names, which can mean wider spreads. Limit orders are the usual tool here.

MDAA Holdings

As of Sep 20, 2026, 9:32 AM
Asset class
Stocks
Holdings
—
Top-10 weight
47%
Largest holding
VEU8.3%

Geography

  • United States89.33%
  • Taiwan (Province of China)3.85%
  • Canada1.25%
  • Netherlands1.21%
  • Germany0.91%
  • United Kingdom0.87%
  • Ireland0.73%
  • Australia0.60%
  • Other countries (3)1.25%
The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001VEUVanguard FTSE All-World ex-US ETF8.33%446,811$37M5
002NVDANVIDIA Corp6.06%122,683$27M828
003MSFTMicrosoft Corp5.68%51,767$26M792
004FLKRFranklin FTSE South Korea ETF5.24%396,481$24M3
005GOOGLAlphabet Inc4.65%59,786$21M704
006AMZNAmazon.com Inc4.38%77,666$20M720
007TSMTaiwan Semiconductor Manufacturing Co Ltd3.83%39,675$17M268
008AAPLApple Inc3.77%50,398$17M707
009FLTWFranklin FTSE Taiwan ETF2.38%99,432$11M2
010LLYEli Lilly & Co2.27%8,869$10M569
011FLJPFranklin FTSE Japan ETF2.19%239,273$10M6
012MUMicron Technology Inc2.19%9,706$10M655
013NEMNewmont Corp2.15%78,475$10M428
014VVisa Inc2.13%26,013$10M550
015JPMJPMORGAN CHASE & CO.2.12%27,212$10M478

Showing 1–15 of 74 holdings

MDAA Performance

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

MDAA$11,907
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. MDAA $11,907. SPY $11,430. Use the arrow keys to read each point.$9,049$10,821$12,594Dec 2025May 2026Sep 2026

Dec 31, 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 MDAA. Periods over one year show the average yearly return.
PeriodMDAA
Year to date+19.1%
1 month+0.6%
3 months−0.9%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—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 MDAA
YearReturn barMDAA
2026 YTD+19.1%
2025−0.3%

Since listing, Oct 3, 2025

MDAA in the news

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

MDAA 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
$0.46 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 29, 2025 $0.46. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 29, 2025Dec 31, 2025$0.46

MDAA Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Oct 2025; fills in after 12 months
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.
—
Launched Oct 2025; fills in after 12 months
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.
—
Launched Oct 2025; fills in after 12 months
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.
1.36
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.

MDAA Cost

Expense ratio0.97%
  • The middle half of Tactical Allocation funds
  • Median 0.91%

25 of the 46 Tactical Allocation funds charge less.

MDAA costs $97.00 a year on $10,000. The median Tactical Allocation fund costs $90.50.