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NMBL

GradeDNew York Stock Exchange Arca

NovaTide Flexible Allocation ETF

Multi-Asset & Alternatives · NovaTide · Inception 2025-10-30 · SEC filings

$21.21−0.24 (−1.10%)

As of Sep 23, 2026, 1:03 PM EDT

History starts Nov 3, 2025.History starts Nov 3, 2025.
Intraday session: down, 3 prints from 21.45 to 21.21. Range 21.21 to 21.45. Use the arrow keys to read each point.$21.30$21.4010 AM12 PM2 PM4 PM
Expense ratio
1.99%
Fund size
$25M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$21.33
52W range
low $19.05high $22.09

The ETF.net NMBL Grade

D

37/ 100

Rank 39 of 46 in Tactical Allocation⁠

Confidence High

Six-pillar profile for NMBL. Scores out of 100: Cost 0, Risk 36, Mission 83, Tradability 20, Holdings 72, Durability 25. Strongest: Mission (83). Weakest: Cost (0). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 37 of 100 sits in the D 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.
    FScore 0
    Category rank46/46 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 83
    Category rank5/26 · top 19%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 36
    Category rank36/46 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 20
    Category rank37/46 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 72
    Category rank11/42 · top 26%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 25
    Category rank41/46 · bottom quartile

Graded as of Sep 22, 2026

Our read on NMBL

ETF.net Research

DA go-anywhere active fund: stocks, bonds, any country, emerging markets included, with no fixed allocation to defend. Launched in 2025, it charges 1.99% a year for that freedom.

Stated mandate

The Fund seeks capital appreciation through active management across multiple asset classes and countries worldwide, including emerging markets.

Why people hold it

  1. 01Genuinely unconstrained: the mandate lets management move across asset classes and countries, emerging markets included, instead of defending a fixed 60/40 split.
  2. 02What it owns matches what it promises: the portfolio lines up closely with the global multi-asset mandate written into its prospectus.
  3. 03Plain 1940 Act ETF plumbing: daily liquidity, 1099 tax reporting, no leverage or exotic wrapper bolted onto the strategy.

Worth knowing

  1. 01The fee is the hurdle. At 1.99% a year it sits at the top of the tactical allocation range, where ENDW charges 0.22% and ONOF 0.39%.
  2. 02Launched in 2025, so you are judging a process, not a record. It is also a small fund that trades lightly, which can widen bid-ask spreads.
  3. 03Built around capital appreciation, not cash flow: distributions land once or twice a year rather than monthly or quarterly.

NMBL Holdings

As of Sep 20, 2026, 10:11 AM
Asset class
Other
Holdings
—
Top-10 weight
59%
Largest holding
SMTH12.9%

Geography

  • United States97.42%
  • Canada2.58%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001SMTHAlps Smith Core Plus Bond ETF12.91%126,419$3M1
002VSLUApplied Finance Valuation ETF9.44%47,618$2M1
003PSDMPGIM SHORT DURATION MULTI-SECTOR BOND ETF7.48%36,360$2M1
004—First American Government Obligations Fund 12/01/20317.20%1,764,946$2M625
005XLKState Street Technology Select Sector SPDR ETF5.50%7,168$1M33
006DCMBDoubleLine Commercial Real Estate Debt ETF3.96%18,992$971K1
007LFSCF/m Emerald Life Sciences Innovation ETF3.62%19,286$889K1
008VOLTTema Electrification ETF3.13%21,690$767K5
009NODEVanEck Onchain Economy ETF2.85%17,603$699K1
010SCHPSchwab US TIPS ETF2.80%26,910$687K10
011GSBDGoldman Sachs BDC Inc2.64%64,779$647K9
012BBDCBarings BDC Inc2.48%67,992$608K8
013OCSLOaktree Specialty Lending Corp2.47%48,106$607K7
014IVViShares Core S&P 500 ETF2.46%789$603K54
015CEFSprott Physical Gold and Silver Trust2.43%13,491$596K2

Showing 1–15 of 38 holdings

NMBL Performance

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

NMBL$10,820
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. NMBL $10,820. SPY $11,430. Use the arrow keys to read each point.$9,119$10,381$11,642Dec 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 NMBL. Periods over one year show the average yearly return.
PeriodNMBL
Year to date+8.2%
1 month+0.7%
3 months+3.6%
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 NMBL
YearReturn barNMBL
2026 YTD+8.2%
2025+0.2%

History from Nov 3, 2025

NMBL in the news

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

NMBL 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
$0.18 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 23, 2025 $0.18. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 24, 2025$0.18

NMBL 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.
0.65
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.

NMBL Cost

Expense ratio1.99%
  • The middle half of Tactical Allocation funds
  • Median 0.91%

Every other Tactical Allocation fund charges less.

NMBL costs $199.00 a year on $10,000. The median Tactical Allocation fund costs $90.50.