---
ticker: "RVER"
name: "Trenchless Fund ETF"
url: "https://etf.net/etf/RVER"
grade: "C"
score: 40
graded_at: "2026-10-12"
category: "US Active Equity"
category_rank: "82 of 127"
methodology: "https://etf.net/methodology"
---

# RVER: Trenchless Fund ETF

Grade **C**, Score 40 of 100. Rank 82 of 127 in US Active Equity.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 54 | 58 of 127 |
| Mission | Not scored | — |
| Risk | 16 | 118 of 126 |
| Tradability | 41 | 79 of 127 |
| Holdings | 35 | 103 of 124 |
| Durability | 43 | 86 of 127 |

## Top holdings

The fund holds 20 positions. These are the largest 20, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | NVDA | NVIDIA Corp | 7.32% |
| 2 | IBRX | ImmunityBio Inc | 7.26% |
| 3 | AVGO | Broadcom Inc | 7.12% |
| 4 | SOFI | SoFi Technologies Inc | 7.06% |
| 5 | VST | Vistra Corp | 6.70% |
| 6 | GNRC | Generac Holdings Inc | 6.45% |
| 7 | BE | Bloom Energy Corp | 5.84% |
| 8 | NEE | NextEra Energy Inc | 5.77% |
| 9 | FSLR | First Solar Inc | 5.27% |
| 10 | FLEX | Flex Ltd | 4.76% |
| 11 | — | First American Government Obligations Fund 12/01/2031 | 4.50% |
| 12 | META | Meta Platforms Inc | 4.46% |
| 13 | LRCX | Lam Research Corp | 4.41% |
| 14 | HPE | Hewlett Packard Enterprise Co | 4.32% |
| 15 | MTZ | MasTec Inc | 3.89% |
| 16 | APP | AppLovin Corp | 3.83% |
| 17 | DY | Dycom Industries Inc | 3.43% |
| 18 | TLN | Talen Energy Corp | 3.27% |
| 19 | NOW | ServiceNow Inc | 3.21% |
| 20 | — | Cash & Other | 1.14% |

Source: etf.net, https://etf.net/etf/RVER. Please cite the page URL.