Skip to content
etf.net

QVOY

GradeDChicago Board Options Exchange

Q3 All-Season Active Rotation ETF

Multi-Asset & Alternatives · Q3 · Inception 2022-12-06

$28.64−0.23 (−0.80%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Dec 7, 2022.
Intraday session: down, 54 prints from 28.87 to 28.64. Range 28.59 to 28.73. Use the arrow keys to read each point.$28.60$28.70$28.7510 AM12 PM2 PM4 PM
Expense ratio
1.10%
Fund size
$59M
1Y return
+10.0%
Yield · Last 12 months
8.67%
Holdings
14
Volume · 30D
0M sh
NAV per share
$28.82
52W range
low $26.90high $31.86

The ETF.net QVOY Grade

D

31/ 100

Rank 34 of 38 in Multi-Asset Allocation⁠

Confidence High

Six-pillar profile for QVOY. Scores out of 100: Cost 5, Risk 13, Mission 61, Tradability 42, Holdings 39, Durability 54. Strongest: Mission (61). Weakest: Cost (5). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 31 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 5
    Category rank36/38 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 61
    Category rank19/30 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 13
    Category rank34/36 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 42
    Category rank22/38 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 39
    Category rank25/34 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 54
    Category rank21/38 · mid-pack

Graded as of Sep 22, 2026

Our read on QVOY

ETF.net Research

DA boutique tactical manager's allocation model, wrapped in an ETF. Instead of parking in a fixed stock/bond split, QVOY runs a quantitative system across four sleeves: core equity, active equity, bonds and alternatives.

Stated mandate

The Fund seeks long-term growth of capital through active, systematic and quantitative allocation among core equity, active equity, bonds and alternatives.

Why people hold it

  1. 01One ticker carries the whole allocation call. A systematic, quantitative process moves capital among core equity, active equity, bonds and alternatives rather than holding a set stock/bond mix.
  2. 02Alternatives sit inside the mandate itself, not as a bolt-on sleeve, so the toolkit reaches past the standard two-asset balanced lineup.
  3. 03Built as a fund of funds, buying ETFs, open-end funds and closed-end funds, so a single small position spans a wide spread of underlying managers and markets.aaii.com

Worth knowing

  1. 01The 1.10% expense ratio runs well above the allocation category median, and index-built rivals such as AOA (0.19%) and IRTR (0.08%) cover similar ground for far less.
  2. 02There is no index underneath. Outcomes ride on one firm's model, and the mix can look nothing like a plain balanced fund at any given moment.aaii.com
  3. 03A small fund that trades lightly, so spreads matter more than with the category's giants. Distributions arrive annually or semiannually, not on a regular income cadence.

QVOY Holdings

As of Sep 20, 2026, 10:17 AM
Asset class
Other
Holdings
14
Top-10 weight
97%
Largest holding
SCHG13.8%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001SCHGSchwab U.S. Large-Cap Growth ETF USD Class13.84%230,784$8M8
002VOEVanguard Morningstar Mid-Cap Value ETF13.80%40,311$8M11
003COWZPacer US Cash Cows 100 ETF13.59%116,330$8M2
004XLEState Street Energy Select Sector SPDR ETF USD Class13.44%123,494$8M28
005GDXVanEck Gold Miners ETFA13.33%82,478$8M12
006XLVState Street Health Care Select Sector SPDR ETF USD Class12.53%43,950$7M28
007BCIabrdn Bloomberg All Commodity Strategy K-1 Free ETF5.31%118,656$3M5
008PBPInvesco S&P 500 BuyWrite ETF USD Class5.18%130,590$3M1
009KRBNKraneShares Global Carbon Strategy ETF4.98%85,340$3M1
010JAAAJanus Henderson AAA CLO ETF USD Class1.29%15,030$762K16
011FLTRVanEck IG Floating Rate ETF1.23%28,319$725K4
012SGOViShares 0-3 Month Treasury Bond ETF USD Class1.22%7,158$720K10
013—BBH SWEEP VEHICLE0.36%215,488$215K51

Showing 1–13 of 13 holdings

QVOY Performance

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

QVOY$11,002
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. QVOY $11,002. SPY $11,723. Use the arrow keys to read each point.$9,327$10,809$12,291Sep 2025Mar 2026Sep 2026

Sep 22, 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 QVOY. Periods over one year show the average yearly return.
PeriodQVOY
Year to date+7.3%
1 month−3.3%
3 months−8.0%
1 year+10.0%
3 years+10.7%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 QVOY
YearReturn barQVOY
2026 YTD+7.3%
2025+16.4%
2024+1.7%
2023+17.2%
2022−0.5%

History from Dec 7, 2022

QVOY in the news

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

QVOY 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.
8.67%Last 12 months
Payout per share
$2.50Last 12 months
Last payment
$2.50 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2022–2026

One bar per payment. 4 payments from 2022 to 2026 YTD. Dec 29, 2022 $0.11; Dec 28, 2023 $1.66; Dec 27, 2024 $2.75; Dec 23, 2025 $2.50. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 26, 2025$2.50
Dec 27, 2024Jan 3, 2025$2.75
Dec 28, 2023Jan 4, 2024$1.66
Dec 29, 2022Jan 5, 2023$0.11

QVOY Risk

How much the fund’s monthly returns vary, scaled to a year.
13.5%
Annualised · 36 months to Aug 2026
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.
0.47
vs 3-month T-bills · to Aug 2026
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.
−17.0%
45 months · trough Apr 2025
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.
1.19
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.

QVOY Cost

Expense ratio1.10%
  • The middle half of Multi-Asset Allocation funds
  • Median 0.58%

34 of the 37 Multi-Asset Allocation funds charge less.

QVOY costs $110.00 a year on $10,000. The median Multi-Asset Allocation fund costs $58.00.