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Bushido Capital US SMID Cap Equity ETF

RNINNasdaqBushidoC

$39.48+0.99 (+2.57%)

As of Nov 4, 2026, 3:00 PM ET

Intraday session: up, 67 prints from 38.49 to 39.48. Range 39.00 to 39.63. Use the arrow keys to read each point.38.7539.0039.2510 AM12 PM2 PM4 PM
Expense ratio
0.68%
Fund size
$213M
1Y total return
+43.9%
Yield · Last 12 months
0.77%
Holdings
82
Avg volume · 30D
21.2K sh
52W range
low $24.51high $39.32
Launched

The ETF.net RNIN Grade

Based on 5 of 6 pillars

C

Score 51 out of 100

Rank
21 of 47
Six-pillar profile for RNIN. Scores out of 100: Cost 36, Risk 78, Mission not scored, Tradability 52, Holdings 59, Durability 47. Strongest: Risk (78). Weakest: Cost (36). 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.
    D36 out of 100
    Rank 30 of 47
  • 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.
    A78 out of 100
    Rank 4 of 44
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C52 out of 100
    Rank 20 of 47
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B59 out of 100
    Rank 22 of 47
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C47 out of 100
    Rank 28 of 47

RNIN Performance

Launched May 14, 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.
RNIN$14,390
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,158
Nov 3, 2025 to Nov 3, 2026. RNIN $14,390. SPY $11,158. Use the arrow keys to read each point.$10,000$12,000$14,000Nov 2025May 2026Nov 2026

Nov 3, 2025 – Nov 3, 2026

Returns run to the Nov 3, 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 RNIN. Periods over one year show the average yearly return.
PeriodRNIN
Year to date+40.1%
1 month+7.4%
3 months+6.1%
1 year+43.9%
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 RNIN
YearReturn barRNIN
2026 YTD+40.1%
2025+9.2%

History from May 16, 2025

RNIN in the news

RNIN 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 Nov 3, 2026.
0.77%Last 12 months
Payout per share
$0.30Last 12 months
Last payment
$0.08 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2025–2026

One bar per payment. 6 payments from 2025 to 2026 YTD. Jun 27, 2025 $0.005; Sep 29, 2025 $0.07; Dec 23, 2025 $0.13; Mar 30, 2026 $0.05; Jun 29, 2026 $0.05; Sep 28, 2026 $0.08. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 28, 2026Sep 30, 2026$0.08
Jun 29, 2026Jun 30, 2026$0.05
Mar 30, 2026Mar 31, 2026$0.05
Dec 23, 2025Dec 24, 2025$0.13
Sep 29, 2025Sep 30, 2025$0.07
Jun 27, 2025Jun 30, 2025$0.005

$10,000 in RNIN 1 year ago paid $110 in dividends.

RNIN Risk

How much the fund’s monthly returns vary, scaled to a year.
15.0%
Annualised · 17 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.
1.97
vs 3-month T-bills · 17 months 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.
−8.3%
17 months · trough Sep 2026
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.
0.30
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.

RNIN Cost

Overpaying vs AVMC, cheapest in US Active Small/Mid-Cap

$9,503

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

  • RNIN 0.68%

    $13,252

  • AVMC 0.18% Cheapest

    $3,749

$10,000
30 years

Cost over time

  • RNIN 0.68%
  • AVMC 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530RNIN $13,252AVMC $3,749

Year by year

YearRNINAVMCOverpaying
10$1,215$328$887
20$4,633$1,281$3,352
30$13,252$3,749$9,503

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