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RMRC

GradeCNew York Stock Exchange Arca

ARMOR Core Risk-Managed ETF

Active Equity · Armor · Inception 2026-02-23 · SEC filings

$25.45+0.00 (+0.00%)

As of Sep 23, 2026, 9:46 AM EDT

Market opens at 9:30 AM ET.History starts Feb 24, 2026.History starts Feb 24, 2026.
Intraday session: up, 11 prints from 25.27 to 25.45. Range 25.27 to 25.50. Use the arrow keys to read each point.$25.30$25.40$25.50Sep 17Sep 18Sep 21Sep 22Sep 23
Expense ratio
0.60%
Fund size
$10M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
11
Volume · 30D
0M sh
NAV per share
$25.45
52W range
low $23.54high $26.18

The ETF.net RMRC Grade

C

48/ 100

Rank 64 of 127 in US Active Equity⁠

Confidence Medium

Six-pillar profile for RMRC. Scores out of 100: Cost 58, Risk 66, Mission not scored, Tradability 31, Holdings 37, Durability 25. Strongest: Risk (66). Weakest: Durability (25). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 48 of 100 sits in the C 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.
    BScore 58
    Category rank55/127 · top 43%

  • 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.
    BScore 66
    Category rank26/126 · top 21%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 31
    Category rank97/127 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 37
    Category rank99/124 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 25
    Category rank120/127 · bottom quartile

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

Our read on RMRC

ETF.net Research

CArmor's core equity fund wears its pitch in the name: US stocks, risk-managed. The prospectus goal is plain long-term capital appreciation, the fee sits under the active-equity median, and the track record starts in 2026.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  1. 010.58% a year undercuts the 0.65% median for active US equity ETFs, so the active management doesn't start you a step behind the category.
  2. 02Legible plumbing: a standard 1940 Act ETF with one stated goal, long-term capital appreciation from equities. No exotic payoff structure to decode.
  3. 03Even this early in its life, it stands in the upper half of a crowded active US equity peer group.

Worth knowing

  1. 01Cheaper core equity options exist: DFAU charges 0.12%, AVLC 0.15%, DFAC 0.17%. The gap is what active management costs here.
  2. 02It opened in February 2026, so any read on its risk behavior rests on a short window of live data rather than a full market cycle.
  3. 03Small asset base and light trading so far. Young ETFs tend to show wider bid/ask spreads than the category's heavyweights.

RMRC Holdings

As of Sep 20, 2026, 10:18 AM
Asset class
Stocks
Holdings
11
Top-10 weight
94%
Largest holding
XLP12.6%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001XLPSTATE STREET CONSUMER STAPLES SELECT SECTOR SPDR ETF12.59%14,554$1M15
002XLVSS HEALTH CARE SELECT SECTOR11.24%6,422$1M28
003XLCSS COMM SELECT SECTOR SPDR10.58%9,082$1M27
004XLUST SR UTL SL SE SPDR ETF-USD9.90%22,914$955K23
005XLRESS REAL ESTATE SELECT SECTOR9.83%22,078$948K13
006XLKSS TECHNOLOGY SELECT SECTOR9.48%4,864$915K33
007XLFSS FINANCIAL SELECT SECTOR8.08%13,946$779K25
008XLESS ENERGY SELECT SECTOR7.77%11,628$750K28
009XLYSS CONSUMER DISC SELECT SECT7.50%6,498$724K20
010XLISTATE STREET INDUSTRIAL SELECT SECTOR SPDR ETF7.12%4,066$687K25
011XLBSS MATERIALS SELECT SECTOR5.73%10,906$553K20
012—CASH & OTHER0.18%17,412$17K45

Showing 1–12 of 12 holdings

RMRC Performance

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

RMRC$10,156
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. RMRC $10,156. SPY $10,415. Use the arrow keys to read each point.$9,741$10,122$10,502Jun 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 RMRC. Periods over one year show the average yearly return.
PeriodRMRC
Year to dateFund launched this year—
1 month−2.3%
3 months+1.6%
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 RMRC
YearReturn barRMRC
2026 YTD+2.1%

History from Feb 24, 2026

RMRC in the news

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

RMRC 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
$0.10 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. 2 payments in 2026 YTD. Mar 27, 2026 $0.05; Jun 26, 2026 $0.10. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Jun 26, 2026Jun 30, 2026$0.10
Mar 27, 2026Mar 31, 2026$0.05

RMRC Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Feb 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 Feb 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 Feb 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.
0.55
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.

RMRC Cost

Expense ratio0.60%
  • The middle half of US Active Equity funds
  • Median 0.70%

51 of the 124 US Active Equity funds charge less.

RMRC costs $60.00 a year on $10,000. The median US Active Equity fund costs $70.00.