Main Sector Rotation ETF
$72.20−0.39 (−0.54%)
- Expense ratio
- 0.69%
- Fund size
- $2.9B
- 1Y return
- +15.9%
- Yield · Last 12 months
- 0.72%
- Holdings
- 16
- Volume · 30D
- 0.1M sh
- NAV per share
- $72.49
- 52W range
The ETF.net SECT Grade
Score 52 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.CScore 48Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 45Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 75Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 27Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 85Category rank
Our read on SECT
CSECT doesn't pick stocks, it picks sectors: a fund of sector ETFs that shifts weights around the S&P 500's map, aiming to beat the index in rising markets and lose less in falling ones. Active management, delivered through other ETFs.
The Fund seeks to outperform the S&P 500 during rising markets while limiting losses when markets decline.
Why people hold it
- No stock picking here. The manager dials sector weights up and down across broad sector ETFs, so the whole bet fits into a handful of line items you can actually read.sec.gov
- Live since 2017 and now a billion-dollar-plus fund: a seasoned strategy with real assets behind it, not a launch-week experiment.
- Moderately traded, and what sits underneath is large sector ETFs rather than thin single names, which helps market makers price the shares.sec.gov
- Distributions land on a quarterly schedule.
Worth knowing
- Cost is the trade-off: 0.78% a year against a 0.65% median for active US equity funds, and multiples of index-built rivals like DFAC (0.17%) or AVLC (0.15%).
- A fund-of-funds means layered fees: the adviser's fee sits on top of the underlying ETFs' own costs, broken out as acquired fund fees in the prospectus fee table.sec.gov
- The loss-limiting goal is pursued through sector positioning, not a buffer or hedge, so outcomes ride on the timing of those sector calls.sec.gov
SECT Holdings
- Stocks
- 16
- 100%
- XLK
Sectors
- Technology46.8%
- Financials19.6%
- Industrials11.6%
- Consumer Discr.10.7%
- Utilities5.8%
- Materials3.6%
- Communication1.1%
- Cons. Staples0.4%
- Health Care0.3%
- Energy0.1%
- Real Estate0.0%
Geography
- United States100.00%
SECT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SECT$11,588
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.
| Period | SECT |
|---|---|
| Year to date | +13.0% |
| 1 month | +1.3% |
| 3 months | +0.6% |
| 1 year | +15.9% |
| 3 years | +20.6% |
| 5 years | +12.6% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SECT |
|---|---|---|
| 2026 YTD | +13.0% | |
| 2025 | +17.8% | |
| 2024 | +18.6% | |
| 2023 | +21.1% | |
| 2022 | −12.8% | |
| 2021 | +28.9% | |
| 2020 | +15.6% |
SECT in the news
SECT Dividends
- 0.72%
- $0.52
- $0.09 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.09 |
| Mar 26, 2026 | Mar 31, 2026 | $0.22 |
| Dec 23, 2025 | Dec 29, 2025 | $0.10 |
| Sep 23, 2025 | Sep 29, 2025 | $0.10 |
| Dec 19, 2024 | Dec 24, 2024 | $0.19 |
| Sep 19, 2024 | Sep 24, 2024 | $0.0074 |
| Mar 21, 2024 | Mar 27, 2024 | $0.05 |
| Dec 21, 2023 | Jan 3, 2024 | $0.14 |
| Sep 21, 2023 | Oct 3, 2023 | $0.08 |
| Jun 22, 2023 | Jul 5, 2023 | $0.12 |
| Mar 23, 2023 | Apr 4, 2023 | $0.06 |
| Dec 22, 2022 | Jan 3, 2023 | $0.12 |
SECT Risk
- 14.1%
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.
- 0.96
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.
- −21.7%
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.
- 0.97
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SECT Cost
0.69%
SECT0.69%
- The middle half of US Active Equity funds
- Median 0.70%
60 of the 124 US Active Equity funds charge less.