Skip to content
etf.net

PCLG

GradeDNew York Stock Exchange Arca

Polen Focus Growth ETF

Active Equity · Polen · Inception 2025-09-30 · SEC filings

$22.75−0.19 (−0.83%)

As of Sep 23, 2026, 11:38 AM EDT

History starts Sep 30, 2025.History starts Sep 30, 2025.
Intraday session: down, 4 prints from 22.94 to 22.75. Range 22.70 to 22.89. Use the arrow keys to read each point.$22.70$22.80$22.85$22.9010 AM12 PM2 PM4 PM
Expense ratio
0.69%
Fund size
$90M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$22.52
52W range
low $19.73high $25.89

The ETF.net PCLG Grade

D

32/ 100

Rank 70 of 90 in US Active Growth⁠

Confidence High

Six-pillar profile for PCLG. Scores out of 100: Cost 29, Risk 13, Mission 73, Tradability 48, Holdings 45, Durability 43. Strongest: Mission (73). Weakest: Risk (13). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 32 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.
    DScore 29
    Category rank65/90 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 73
    Category rank11/27 · top 41%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 13
    Category rank76/79 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 48
    Category rank47/90 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 45
    Category rank63/89 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 43
    Category rank63/90 · mid-pack

Graded as of Sep 22, 2026

Our read on PCLG

ETF.net Research

DPolen Capital's flagship Focus Growth playbook, ETF-wrapped: roughly 25 large companies picked for durable competitive advantages and steady earnings growth. Conviction over count, with no index to hide behind.

Stated mandate

The Fund seeks long-term growth of capital.

Why people hold it

  1. 01Concentration is the design, not an accident: roughly 25 high-conviction growth companies held with low turnover, so research rather than index weights sets the portfolio.polencapital.compolencapital.com
  2. 02The quality bar is spelled out: high returns on capital, a record of double-digit earnings growth, strong balance sheets and free cash flow, proven management.polencapital.compolencapital.com
  3. 03At 0.49%, the fee sits below the 0.54% median for its active conviction-growth peer group, which is unusual for a boutique manager's marquee strategy.

Worth knowing

  1. 01Non-diversified by charter. With a portfolio this focused, one company's stumble lands harder than it would inside a broad large-cap index fund.finance.yahoo.compolencapital.com
  2. 02Launched in 2025 and thinly traded, so bid-ask spreads can run wider than the mega-ETFs and larger orders deserve more care.
  3. 03Index-plus rivals in the same cohort cost less: JUSA at 0.12%, FELG at 0.18%. Hand-picked concentration carries a higher price tag.

PCLG Holdings

As of Sep 20, 2026, 9:03 AM
Asset class
Stocks
Holdings
—
Top-10 weight
63%
Largest holding
MSFT9.1%

Geography

  • United States89.80%
  • Canada3.60%
  • Netherlands2.75%
  • Singapore1.94%
  • Taiwan (Province of China)1.91%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001MSFTMICROSOFT COM USD0.000006259.07%15,973$8M792
002NVDANVIDIA CORP USD 0.0017.75%30,313$7M828
003NOWSERVICENOW INC USD 0.0016.59%42,330$6M426
004GOOGALPHABET INC CLASS C6.32%15,963$5M471
005AVGOBROADCOM INC NPV6.24%15,196$5M732
006AMZNAMAZON COM INC USD 0.016.13%21,022$5M720
007VVISA INC USD 0.00015.72%13,498$5M550
008MAMASTERCARD INC5.61%8,628$5M512
009ORCLORACLE CORP USD 0.014.96%29,238$4M448
010LLYLILLY ELI + CO NPV4.85%3,662$4M569
011METAMETA PLATFORMS INC USD 0.0000064.16%5,433$4M683
012SHOP.TOSHOPIFY INC NPV3.60%24,385$3M122
013ABNBAIRBNB INC USD 0.00012.63%13,734$2M405
014CSGPCOSTAR GROUP INC USD 0.012.46%73,406$2M219
015IDXXIDEXX LABS INC USD 0.12.43%4,134$2M361

Showing 1–15 of 28 holdings

PCLG Performance

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

PCLG$9,269
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. PCLG $9,269. SPY $11,430. Use the arrow keys to read each point.$7,766$9,754$11,742Dec 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 PCLG. Periods over one year show the average yearly return.
PeriodPCLG
Year to date−7.3%
1 month−0.6%
3 months+5.9%
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 PCLG
YearReturn barPCLG
2026 YTD−7.3%
2025−1.1%

Since listing, Sep 30, 2025

PCLG in the news

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

PCLG 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
$0.0086 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 3, 2025 $0.0086. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 3, 2025Dec 4, 2025$0.0086

PCLG Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Sep 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 Sep 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 Sep 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.
1.14
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.

PCLG Cost

Expense ratio0.69%
  • The middle half of US Active Growth funds
  • Median 0.56%

63 of the 89 US Active Growth funds charge less.

PCLG costs $69.00 a year on $10,000. The median US Active Growth fund costs $56.00.