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Launched · SEC filings

Pathfinder Focused Opportunities ETF

PFOENasdaqPathfinderC

$22.03+0.40 (+1.84%)

At close: Nov 2, 2026, 4:00 PM ET

C51/ 100

Rank 22 of 44 in Global Active Equity

C51/100Rank 22 of 44inGlobal Active Equity
Intraday session: up, 77 prints from 21.63 to 22.03. Range 21.99 to 22.28. Use the arrow keys to read each point.21.8022.2010 AM12 PM2 PM4 PM
Expense ratio
0.59%
Fund size
$87M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
24
Avg volume · 30D
20.4K sh
52W range
low $21.45high $26.34
Launched
Filings
SEC EDGAR

The ETF.net PFOE Grade

Based on 5 of 6 pillars

C

Score 51 out of 100

Category
Global Active Equity⁠
Rank
22 of 44
Six-pillar profile for PFOE. Scores out of 100: Cost 60, Risk 11, Mission not scored, Tradability 76, Holdings 46, Durability 52. Strongest: Tradability (76). Weakest: Risk (11). Based on 5 of 6 pillars.

Score 51 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B60 out of 100
    Rank 18 of 44

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F11 out of 100
    Rank 39 of 42

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A76 out of 100
    Rank 8 of 44

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C46 out of 100
    Rank 26 of 44

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C52 out of 100
    Rank 26 of 44

Our read on PFOE

ETF.net Research

In short

CConcentration is the whole idea: 15 to 30 US stocks the adviser judges high quality with long growth runways, at 0.59% a year. A late-2025 launch whose outcome rides on individual picks rather than index exposure.

Stated mandate

The Fund seeks long-term capital appreciation. It is actively managed and normally invests in 15–30 equity securities of companies the Adviser considers high quality with significant long-term growth potential.

Why people hold it

  • Actually concentrated. The mandate is normally 15 to 30 US equities, so each holding carries real weight instead of being diluted into a quasi-index.
  • At 0.59% a year it sits below the median fee for active US equity ETFs, which is not typical for a small, high-conviction shop.
  • The advertised screen leans on growth, profitability and quality: compounders with long runways, not bargain-bin turnarounds.
  • Trades moderately rather than thinly, which is worth something in a fund still building its asset base.

Worth knowing

  • A 15 to 30 stock book cuts both ways. One holding's bad quarter lands on the whole portfolio with nothing to cushion it.
  • Launched at the end of 2025 with no index behind it, so there is little history and no benchmark rulebook to check the manager against.
  • Systematic rivals cost far less (DFAU at 0.12%, AVLC at 0.15%). The 0.59% here buys human stock selection, not plain market exposure.

PFOE Holdings

Holdings pillarC46 out of 100Rank 26 of 44 in Global Active Equity
Asset class
Stocks
Holdings
24
Top-10 weight
57%
Largest holding
LLY7.4%

Geography

  • United States69.96%
  • Brazil8.74%
  • Taiwan7.10%
  • Netherlands6.41%
  • France4.00%
  • Canada3.79%

Developed 47% · Emerging 53% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1LLYEli Lilly & Co7.38%4,539$6.43M593
2TSMTaiwan Semiconductor Manufacturing Co Ltd6.78%14,561$5.91M283
3ASMLASML Holding NV6.08%3,387$5.3M211
4SPOTSpotify Technology SA5.94%8,726$5.18M185
5WDAYWorkday Inc5.39%23,769$4.7M407
6IDXXIDEXX Laboratories Inc5.36%8,472$4.67M360
7MELIMercadoLibre Inc5.26%2,821$4.58M218
8ISRGIntuitive Surgical Inc5.10%10,297$4.45M423
9UNHUnitedHealth Group Inc4.93%10,551$4.29M494
10VVisa Inc4.28%9,029$3.73M559
11GOOGAlphabet Inc4.23%13,252$3.69M480
12MAMastercard Inc4.22%5,765$3.68M531
13HESAYHermes International SCA4.14%25,028$3.61M5
14NOWServiceNow Inc3.97%32,887$3.46M440
15PWRQuanta Services Inc3.93%5,514$3.42M372

Showing 1–15 of 24 holdings

PFOE Performance

Launched Dec 30, 2025

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

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
PFOE$8,703
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,169
Dec 31, 2025 to Oct 30, 2026. PFOE $8,703. SPY $11,169. Use the arrow keys to read each point.$9,000$10,000$11,000Dec 2025Jun 2026Oct 2026

Dec 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 PFOE. Periods over one year show the average yearly return.
PeriodPFOE
Year to date−13.0%
1 month−1.4%
3 months−4.2%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 PFOE
YearReturn barPFOE
2026 YTD−13.0%

PFOE in the news

PFOE Dividends

Last payment
$0.01 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 3 payments in 2026 YTD. Mar 30, 2026 $0.01; Jun 29, 2026 $0.04; Sep 28, 2026 $0.01. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 28, 2026Sep 29, 2026$0.01
Jun 29, 2026Jun 30, 2026$0.04
Mar 30, 2026Mar 31, 2026$0.01

PFOE Risk

Risk pillarF11 out of 100Rank 39 of 42 in Global Active Equity
How much the fund’s monthly returns vary, scaled to a year.
Launched Dec 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 Dec 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 Dec 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.
0.78
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.

FMP measures it over up to five years of monthly returns.

PFOE Cost

Compare PFOE and AVTM

Overpaying vs AVTM, cheapest in Global Active Equity

$7,077

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PFOE 0.59%

    $11,635

  • AVTM 0.22% Cheapest

    $4,558

$10,000
30 years

Cost over time

  • PFOE 0.59%
  • AVTM 0.22%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530PFOE $11,635AVTM $4,558

Year by year

YearPFOEAVTMOverpaying
10$1,058$401$657
20$4,051$1,561$2,490
30$11,635$4,558$7,077

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