MKAM ETF
$32.44−0.11 (−0.34%)
- Expense ratio
- 0.55%
- Fund size
- $14M
- 1Y return
- +9.2%
- Yield · Last 12 months
- 2.62%
- Volume · 30D
- 0M sh
- NAV per share
- $32.56
- 52W range
The ETF.net MKAM Grade
Score 63 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.AScore 76Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 90Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 78Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 8Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 37Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 37Category rank
Our read on MKAM
BAn active US stock fund with a defensive brief: capture most of the equity market's return while carrying less volatility and less downside than other equity investments. Measured against the S&P 500, priced below the typical active peer, and small since its 2023 launch.
The Fund seeks to capture most equity-market returns while taking less volatility and downside risk than other equity investments.
Why people hold it
- 0.53% a year undercuts the typical active US equity fund in its group, and much of the S&P 500-benchmarked active crowd (XLSR at 0.70%, JHDG at 0.81%) charges more.
- The portfolio matches the mandate on paper: US equities, run against the S&P 500 for lower volatility rather than index replication.
- Risk behavior screens calmer than most active US equity funds, which is the whole point of the stated objective.
- Standard 1940 Act ETF plumbing, US-only exposure, and a quarterly distribution schedule. No derivatives-heavy wrapper to decode.
Worth knowing
- It trades thinly. Limit orders and a look at the spread matter more here than with the mega-cap index names.
- Launched in 2023 with a small asset base, so the live record is short and the scale is nowhere near the category's giants.
- If price is your deciding lens, active funds pointed at the same benchmark go lower: PEPS at 0.10%, FELC at 0.18%, PQUS at 0.22%.
MKAM Holdings
- Other
- —
- 100%
- IVV
Sectors
- Technology38.5%
- Financials12.1%
- Communication9.6%
- Consumer Discr.9.3%
- Health Care9.3%
- Industrials7.8%
- Cons. Staples4.5%
- Energy3.4%
- Utilities2.0%
- Real Estate1.8%
- Materials1.7%
Geography
- United States100.00%
MKAM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | MKAM |
|---|---|
| Year to date | +7.2% |
| 1 month | +0.8% |
| 3 months | +2.5% |
| 1 year | +9.2% |
| 3 years | +10.6% |
| 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 | MKAM |
|---|---|---|
| 2026 YTD | +7.2% | |
| 2025 | +8.1% | |
| 2024 | +12.1% | |
| 2023 | +8.2% |
MKAM in the news
ETF.net Research hasn’t filed on MKAM yet — coverage lands here as it’s written.
MKAM Dividends
- 2.62%
- $0.85
- $0.15 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 29, 2026 | Jun 30, 2026 | $0.15 |
| Mar 30, 2026 | Mar 31, 2026 | $0.23 |
| Dec 30, 2025 | Dec 31, 2025 | $0.31 |
| Sep 29, 2025 | Sep 30, 2025 | $0.16 |
| Jun 27, 2025 | Jun 30, 2025 | $0.23 |
| Mar 28, 2025 | Mar 31, 2025 | $0.08 |
| Dec 30, 2024 | Dec 31, 2024 | $0.22 |
| Sep 27, 2024 | Sep 30, 2024 | $0.09 |
| Jun 27, 2024 | Jun 28, 2024 | $0.14 |
| Mar 26, 2024 | Mar 28, 2024 | $0.10 |
| Dec 20, 2023 | Dec 22, 2023 | $0.27 |
| Sep 27, 2023 | Sep 29, 2023 | $0.09 |
MKAM Risk
- 5.6%
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.
- 0.87
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.
- −5.0%
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.
- 0.49
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MKAM Cost
- The middle half of Tactical Allocation funds
- Median 0.91%
11 of the 46 Tactical Allocation funds charge less.