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Launched · SEC filings

Adaptive Core ETF

RULECboeMohr FundsF

$27.59−0.78 (−2.75%)

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

F22/ 100

Rank 119 of 126 in US Active Equity

F22/100Rank 119 of 126inUS Active Equity
Intraday session: down, 78 prints from 28.36 to 27.59. Range 27.58 to 28.38. Use the arrow keys to read each point.27.8028.0028.2010 AM12 PM2 PM4 PM
Expense ratio
1.84%
Fund size
$17M
1Y total return
+22.3%
Yield · Last 12 months
0.00%
Holdings
36
Avg volume · 30D
3.07K sh
52W range
low $21.46high $34.42
Launched
Filings
SEC EDGAR

The ETF.net RULE Grade

F

Score 22 out of 100

Category
US Active Equity⁠
Rank
119 of 126
Six-pillar profile for RULE. Scores out of 100: Cost 2, Risk 26, Mission 21, Tradability 31, Holdings 63, Durability 34. Strongest: Holdings (63). Weakest: Cost (2). Leans toward Holdings.

Score 22 of 100 falls in the F 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.
    F2 out of 100
    Rank 123 of 126

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    F21 out of 100
    Rank 48 of 49

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D26 out of 100
    Rank 103 of 126

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D31 out of 100
    Rank 103 of 126

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B63 out of 100
    Rank 54 of 124

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D34 out of 100
    Rank 109 of 126

Our read on RULE

ETF.net Research

In short

FRULE is the algorithm with an exit button: a price-trend model ranks a go-anywhere lineup and can shift the whole portfolio to cash when signals break. The ticker is the pitch; 1.84%, with no fee waiver, is the toll.

Stated mandate

The fund seeks long-term growth of capital while also pursuing income.

Why people hold it

  • Its price-trend model scores assets and can move the entire portfolio into cash or money-market ETFs when signals turn down, a sell discipline most all-equity peers skip.sec.gov
  • Go-anywhere by charter: stocks of any size, plus equity and fixed-income ETFs, so one ticker covers ground that usually takes several.sec.gov
  • Concentrated rather than sprawling, at roughly 40 positions, so each pick carries real weight.
  • Benchmarks itself to the S&P 500 Total Return Index, a yardstick you already know.

Worth knowing

  • Costs 1.84%, with no fee waiver in place and above the category median; two of the category's standouts run far cheaper, DFAU at 0.12% and AVLC at 0.15%.
  • Frequent trading is built into the strategy, which the prospectus flags for higher transaction costs and bigger tax bills in a taxable account.sec.gov
  • A small fund that trades lightly, so spreads can run wider than at the category's giants.

RULE Performance

Launched Nov 3, 2021

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.
RULE$12,235
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. RULE $12,235. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000$14,000Oct 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 RULE. Periods over one year show the average yearly return.
PeriodRULE
Year to date+23.7%
1 month−7.3%
3 months−3.4%
1 year+22.3%
3 yearsper year+16.8%
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 RULE
YearReturn barRULE
2026 YTD+23.7%
2025+4.6%
2024+7.6%
2023+6.3%
2022−22.9%
2021+1.0%

Since listing, Nov 3, 2021

RULE in the news

RULE 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.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2023

One bar per payment. 2 payments from 2022 to 2023. Dec 27, 2022 $0.0015; Dec 19, 2023 $0.41. Use the arrow keys to read each point.20222023
Ex-datePay dateAmount per share
Dec 19, 2023Dec 21, 2023$0.41
Dec 27, 2022Dec 29, 2022$0.0015

$10,000 in RULE 3 years ago paid $220 in dividends.

RULE Risk

Risk pillarD26 out of 100Rank 103 of 126 in US Active Equity
How much the fund’s monthly returns vary, scaled to a year.
21.2%
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.
0.63
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.
−30.5%
59 months · trough Oct 2023
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.
1.54
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.

RULE Cost

Compare RULE and TACU

Overpaying vs TACU, cheapest in US Active Equity

$30,883

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

  • RULE 1.84%

    $30,883

  • TACU 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • RULE 1.84%
  • TACU 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K051015202530RULE $30,883TACU $0

Year by year

YearRULETACUOverpaying
10$3,133$0$3,133
20$11,343$0$11,343
30$30,883$0$30,883

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