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PCLC

GradeCNew York Stock Exchange Arca

Polen 5Perspectives Large Growth ETF

Active Equity · Polen · Inception 2026-05-18

$26.01−0.01 (−0.03%)

As of Sep 23, 2026, 11:31 AM EDT

History starts May 18, 2026.History starts May 18, 2026.History starts May 18, 2026.
Intraday session: down, 3 prints from 26.02 to 26.01. Range 26.01 to 26.01. Use the arrow keys to read each point.$25.50$26.50$27.0010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$2M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0M sh
NAV per share
$25.11
52W range
low $22.17high $26.18

The ETF.net PCLC Grade

C

40/ 100

Rank 58 of 90 in US Active Growth⁠

Confidence Medium

Six-pillar profile for PCLC. Scores out of 100: Cost 65, Risk 51, Mission not scored, Tradability 1, Holdings 67, Durability 25. Strongest: Holdings (67). Weakest: Tradability (1). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned47This cap took−7Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 65
    Category rank35/90 · top 39%

  • 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.
    CScore 51
    Category rank35/79 · top 44%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 1
    Category rank90/90 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 67
    Category rank29/89 · top 33%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 25
    Category rank80/90 · bottom quartile

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

Our read on PCLC

ETF.net Research

CPolen put its 5Perspectives framework, a 25-year-old blend of fundamental, thematic and technical analysis, into an ETF. Active large-cap growth hunting innovators at an earnings inflection, for 0.50% a year.

Stated mandate

The Fund seeks long-term capital appreciation. It normally invests at least 80% of net assets in equity securities of large-cap issuers exhibiting growth characteristics.

Why people hold it

  1. 01The whole pitch is the process: fundamental, thematic and technical evidence weighed across five lenses, with that combined weight of evidence setting buys, sells and position sizes.polencapital.com
  2. 02At 0.50% a year it sits below the middle of its active large-growth peer group, though enhanced-index rivals like JUSA (0.12%) and FELG (0.18%) undercut it by a wide margin.
  3. 03The mandate is concrete: at least 80% of net assets in large-cap growth equities, with the team leaning on secular themes like AI, electrification, genomics and aerospace.polencapital.cominvestmentnews.com
  4. 04Drew Cupps has run this framework for decades, at his own firm and two others before the team joined Polen in 2025, and he manages the fund himself.polencapital.compolencapital.com

Worth knowing

  1. 01Small and thinly traded so far, which can mean wider bid-ask spreads and less predictable fills than the household-name large-cap ETFs in this aisle.
  2. 02Launched in 2026. The framework's long record was built in separate accounts at prior firms, not in this ticker, so there is little fund-level history to lean on.polencapital.com
  3. 03Income is incidental here: distributions are annual and come from net investment income, and the fund discloses that part of a payout can be return of capital.

PCLC Holdings

As of Sep 20, 2026, 9:03 AM
Asset class
Stocks
Holdings
—
Top-10 weight
53%
Largest holding
NVDA10.6%

Geography

  • United States84.74%
  • Netherlands4.40%
  • Taiwan (Province of China)4.15%
  • Canada2.58%
  • Luxembourg1.74%
  • Australia1.47%
  • United Kingdom0.92%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA CORP USD 0.00110.56%832$185K828
002GOOGLALPHABET INC CLASS A6.95%348$122K704
003AMDADVANCED MICRO DEVICES INC USD 0.015.82%182$102K618
004TSLATESLA INC USD 0.0015.26%253$92K509
005SPCXSPACE EXPL TECHNOLOGIES C USD 0.0014.77%547$84K268
006AMZNAMAZON COM INC USD 0.014.45%307$78K720
007TSMTAIWAN SEMICONDUCTOR M TWD 10.0 ADR4.15%167$73K268
008CVNACARVANA CO USD 0.0013.64%980$64K273
009AAPLAPPLE INC USD 0.000013.51%183$62K707
010AVGOBROADCOM INC NPV3.47%170$61K732
011INTCINTEL CORP USD 0.0013.40%548$60K492
012PLTRPALANTIR TECHNOLOGIES INC USD 0.0013.27%322$57K503
013NBISNEBIUS GROUP N.V.2.96%232$52K185
014CRWDCROWDSTRIKE HLDGS INC USD 0.00052.51%185$44K454
015MUMICRON TECHNOLOGY INC USD 0.12.49%43$44K655

Showing 1–15 of 39 holdings

PCLC Performance

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

PCLC$10,236
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. PCLC $10,236. SPY $10,415. Use the arrow keys to read each point.$8,583$9,586$10,588Jun 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 PCLC. Periods over one year show the average yearly return.
PeriodPCLC
Year to dateFund launched this year—
1 month+6.0%
3 months+2.4%
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 PCLC
YearReturn barPCLC
2026 YTD+6.9%

Since listing, May 18, 2026

PCLC in the news

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

PCLC 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 May 2026. No distributions yet.

PCLC Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched May 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 May 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 May 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.
2.48
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.

PCLC Cost

Expense ratio0.50%
  • The middle half of US Active Growth funds
  • Median 0.56%

29 of the 89 US Active Growth funds charge less.

PCLC costs $50.00 a year on $10,000. The median US Active Growth fund costs $56.00.