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MNVT

GradeCNASDAQ Global Market

Moonvest ETF

Active Equity · Moonvest · Inception 2026-03-17

$28.88−0.75 (−2.53%)

As of Sep 23, 2026, 3:14 PM EDT

History starts Mar 17, 2026.History starts Mar 17, 2026.
Intraday session: down, 40 prints from 29.63 to 28.88. Range 28.80 to 29.71. Use the arrow keys to read each point.$29.20$29.6010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$79M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0M sh
NAV per share
$29.50
52W range
low $22.05high $35.36

The ETF.net MNVT Grade

C

44/ 100

Rank 25 of 44 in Global Active Equity⁠

Confidence Medium

Six-pillar profile for MNVT. Scores out of 100: Cost 41, Risk 26, Mission not scored, Tradability 76, Holdings 44, Durability 36. Strongest: Tradability (76). Weakest: Risk (26). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 44 of 100 sits in the C 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 41
    Category rank27/44 · mid-pack

  • 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.
    DScore 26
    Category rank35/42 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 76
    Category rank6/44 · top 14%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 44
    Category rank27/43 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 36
    Category rank36/44 · bottom quartile

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

Our read on MNVT

ETF.net Research

CMoonvest runs a contrarian global stock mandate written into its prospectus: lean against the crowd instead of hugging the world index. Actively managed, launched in 2026, and priced at 0.75% in a category stocked with cheap index rivals.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  1. 01The contrarian tilt is a stated mandate, not marketing copy. The prospectus defines a global, all-equity strategy aimed at long-term capital appreciation.
  2. 02Genuinely global remit. The manager can hunt across markets rather than working inside a US-only fence.
  3. 03Plain 1940 Act ETF plumbing: an open-end fund you buy in any brokerage account, with 1099 tax reporting instead of a partnership K-1.

Worth knowing

  1. 01At 0.75%, it costs more than the median fund in its global equity group, and broad rivals run far cheaper (GSWO at 0.15%, AVGE at 0.25%). You pay for manager judgment.
  2. 02It launched in 2026, so there is little history to judge, and our risk read rests on a short window. It currently sits in the lower half of its active global equity peers.
  3. 03Smaller fund, lighter trading. Bid-ask spreads can run wider than the category's giants, which matters most on large or hurried orders.

MNVT Holdings

As of Sep 20, 2026, 10:16 AM
Asset class
Stocks
Holdings
—
Top-10 weight
56%
Largest holding
CLSK8.1%

Geography

  • United States70.72%
  • Israel11.53%
  • China8.86%
  • Uruguay4.53%
  • Ireland4.35%

Developed 15% · Emerging 85% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001CLSKCleanspark Inc8.08%424,769$6M124
002SMCISuper Micro Computer Inc6.58%128,177$5M265
003ODDOddity Tech Ltd6.50%273,403$5M50
004RDWRedwire Corp5.41%383,477$4M81
005PGYPagaya Technologies Ltd5.27%196,525$4M36
006WIXWix.com Ltd5.02%48,713$4M65
007CHAChagee Holdings Ltd4.91%311,393$4M4
008TMDXTransMedics Group Inc4.91%43,253$4M110
009IONQIonQ Inc4.89%94,944$4M134
010DLODlocal Ltd/Uruguay4.53%243,024$3M48
011SRPTSarepta Therapeutics Inc4.43%167,374$3M125
012PDDPDD Holdings Inc4.35%41,925$3M152
013COURCoursera Inc4.24%641,271$3M79
014SMRNuScale Power Corp4.10%377,138$3M79
015BMNRBitMine Immersion Technologies Inc4.07%119,192$3M75

Showing 1–15 of 22 holdings

MNVT Performance

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

MNVT$9,674
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. MNVT $9,674. SPY $10,415. Use the arrow keys to read each point.$8,458$9,528$10,597Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – 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 MNVT. Periods over one year show the average yearly return.
PeriodMNVT
Year to dateFund launched this year—
1 month−1.4%
3 months−3.3%
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 MNVT
YearReturn barMNVT
2026 YTD+18.5%

Since listing, Mar 17, 2026

MNVT in the news

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

MNVT 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.
—Last 12 months
Payout per share
—Last 12 months

Listed Mar 2026. No distributions yet.

MNVT Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Mar 2026; 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 Mar 2026; 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 Mar 2026; 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.
2.42
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.

MNVT Cost

Expense ratio0.75%
  • The middle half of Global Active Equity funds
  • Median 0.69%

25 of the 44 Global Active Equity funds charge less.

MNVT costs $75.00 a year on $10,000. The median Global Active Equity fund costs $69.00.