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Launched

Q3 All-Season Active Rotation ETF

QVOYCboeQ3D

$27.68−0.41 (−1.46%)

As of Nov 2, 2026, 3:59 PM ET

D32/ 100

Rank 33 of 37 in Multi-Asset Allocation

D32/100Rank 33 of 37inMulti-Asset Allocation
Intraday session: down, 78 prints from 28.09 to 27.68. Range 27.68 to 28.14. Use the arrow keys to read each point.27.8027.9028.0010 AM12 PM2 PM4 PM
Expense ratio
1.32%*
Fund size
$56M
1Y total return
+4.9%
Yield · Last 12 months
8.91%
Holdings
13
Avg volume · 30D
10.5K sh
52W range
low $26.90high $31.86
Launched

*After a fee waiver that ends Mar 31, 2027. Without it: 1.38%.

The ETF.net QVOY Grade

D

Score 32 out of 100

Category
Multi-Asset Allocation⁠
Rank
33 of 37
Six-pillar profile for QVOY. Scores out of 100: Cost 3, Risk 13, Mission 60, Tradability 55, Holdings 38, Durability 51. Strongest: Mission (60). Weakest: Cost (3). Leans toward Mission and Tradability.

Score 32 of 100 falls in the D 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.
    F3 out of 100
    Rank 36 of 37

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B60 out of 100
    Rank 18 of 29

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F13 out of 100
    Rank 33 of 35

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B55 out of 100
    Rank 14 of 37

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D38 out of 100
    Rank 27 of 33

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C51 out of 100
    Rank 25 of 37

Our read on QVOY

ETF.net Research

In short

DA small Michigan quant shop runs QVOY as a tactical allocation sleeve: it rotates among four baskets of funds (core equity, active equity, bonds, alternatives) instead of parking in a fixed stock-and-bond mix.

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

  • Allocation is rules-driven, not a gut call: systematic models move money among the four sleeves, so the mix can drift far from a static 60/40.sec.gov
  • The alternatives sleeve can reach into commodities, precious metals, currencies, REITs and MLPs, corners that most set-and-forget allocation funds skip.sec.gov
  • One ticker holds the whole kit, equities, bonds and alternatives, with the rebalancing done inside the fund by its manager.sec.gov

Worth knowing

  • Cost is the trade-off: 1.32% net of a waiver through March 31, 2027, gross 1.38%, above the category median. AOA is 0.15% net of a waiver through November 30, 2026; UCBG 0.06%.sec.gov
  • Thinly traded next to the category's giants, so spreads can be wider and sizeable orders need more care at the screen.
  • Live since December 2022, so the record is short, and an actively rotating mix can look nothing like a standard balanced benchmark in any given stretch.sec.gov

QVOY Performance

Launched Dec 6, 2022

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.
QVOY$10,487
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. QVOY $10,487. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 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 QVOY. Periods over one year show the average yearly return.
PeriodQVOY
Year to date+4.4%
1 month+0.1%
3 months−3.7%
1 year+4.9%
3 yearsper year+11.4%
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 QVOY
YearReturn barQVOY
2026 YTD+4.4%
2025+16.4%
2024+1.7%
2023+17.2%
2022−0.5%

History from Dec 7, 2022

QVOY in the news

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 Oct 30, 2026.
8.91%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

$10,000 in QVOY 3 years ago paid $2,570 in dividends.

QVOY Risk

Risk pillarF13 out of 100Rank 33 of 35 in Multi-Asset Allocation
How much the fund’s monthly returns vary, scaled to a year.
13.3%
Annualised · 36 months to Oct 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.
0.54
vs 3-month T-bills · to Oct 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%
46 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.

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

QVOY Cost

Compare QVOY and UCBG

Overpaying vs UCBG, cheapest in Multi-Asset Allocation

$22,398

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

  • QVOY 1.32%

    $23,668

  • UCBG 0.06% Cheapest

    $1,270

$10,000
30 years

Cost over time

  • QVOY 1.32%
  • UCBG 0.06%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530QVOY $23,668UCBG $1,270

Year by year

YearQVOYUCBGOverpaying
10$2,296$110$2,186
20$8,507$432$8,075
30$23,668$1,270$22,398
How the 1.32% is worked out

Full fee 1.38%− waiver 0.06%= you pay 1.32%

The waiver ends Mar 31, 2027. After that the fee is 1.38% unless Q3 renews it. Source: prospectus, Mar 2026.

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