Launched Sep 24, 2026 · SEC filings

Tidal Trust IV - Portfolio Building Block World Ex US Industrials ETF

PBWNNasdaq

$24.55−0.48 (−1.91%) past 5 days

At close: Sep 30, 2026, 4:00 PM

Mandate not yet analyzed

Expense ratio: 0.14%
Fund size: $1M
1Y return: —
Yield · Last 12 months: —
Holdings: 104
Avg volume · 30D: 0M sh
NAV per share: $24.63
52W range: low $24.55high $25.03
Launched: Sep 24, 2026
Filings: SEC EDGAR

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Mandate not yet analyzed

We have not yet analyzed this fund's documents to determine what it sets out to do. This is typical for new listings awaiting their first analysis pass.

PBWN Holdings

As of Sep 30, 2026

Asset class: Stocks
Holdings: 104
Top-10 weight: 37%
Largest holding: SIE.DE5.9%

Geography

Japan30.14%
France12.60%
Germany12.33%
United Kingdom9.25%
Sweden6.73%

Canada6.25%
Switzerland6.14%
Netherlands4.38%
Other countries (12)12.19%

Developed 99% · Emerging 1% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 7.
#	Ticker	Company	Weight %	Shares	Market value	In ETFs
001	SIE.DE	Siemens Ag-Reg	5.92%	182	$58K	155
002	SU.PA	Schneider Electric SE	4.65%	136	$46K	179
003	—	Rolls-Royce Holdings PLC	4.10%	2,060	$40K	4
004	6501.T	Hitachi Ltd	3.82%	1,084	$38K	167
005	ABBN.SW	Abb Ltd-Reg	3.82%	388	$38K	183
006	6098.T	Recruit Holdings Co Ltd	3.41%	316	$33K	169
007	AIR.PA	Airbus SE	3.25%	148	$32K	135
008	SAFRY	Safran SA	3.21%	83	$32K	11
009	—	Siemens Energy AG	2.49%	148	$24K	2
010	8058.T	Mitsubishi Corp	2.33%	780	$23K	132
011	8001.T	Itochu Corp	2.08%	1,492	$20K	127
012	8031.T	Mitsui & Co Ltd	2.02%	648	$20K	116
013	BA.L	Bae Systems PLC	1.95%	745	$19K	136
014	CP.TO	Canadian Pacific Kansas City	1.93%	220	$19K	79
015	7011.T	Mitsubishi Heavy Industries	1.86%	760	$18K	132

Showing 1–15 of 104 holdings

PBWN Performance

Launched Sep 24, 2026

PBWN$9,825

$9,887

History from Sep 25, 2026 – Sep 30, 2026

Trailing total return for PBWN. Periods over one year show the average yearly return.
Period	PBWN
Year to dateFund launched this year	—
1 monthFund is under 1 month old	—
3 monthsFund is under 3 months old	—
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

Annual total returns for PBWN
Year	Return bar	PBWN
2026 YTD		−1.8%

History from Sep 25, 2026

PBWN in the news

Filtered to PBWN · Portfolio Building Block ETFs

Tanker ETF gains 8.4% as crude falls
MarketsSep 16, 2026BWET+8.63%

PBWN Dividends

: —Last 12 months
Payout per share: —Last 12 months

Listed Sep 2026. No distributions yet.

PBWN Risk

: —; Launched Sep 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.
: —; Launched Sep 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.
: —; Launched Sep 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.
: 0.00; 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.

PBWN Cost

Expense ratio0.14%

PBWN costs $14.00 a year on $10,000.

Tidal Trust IV - Portfolio Building Block World Ex US Industrials ETF

The ETF.net PBWN Grade

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

Trailing returnsReturns run to the last market 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.

Annual returnsCalendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Tanker ETF gains 8.4% as crude falls