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Launched · SEC filings

Hilton Small-MidCap Opportunity ETF

SMCONasdaqC

$28.070.00 (−0.01%)

At close: Oct 13, 2026, 4:00 PM

C51/ 100

Rank 21 of 48 in US Active Small/Mid-Cap

C51/100Rank 21 of 48inUS Active Small/Mid-Cap
Intraday session: down, 78 prints from 28.08 to 28.07. Range 27.89 to 28.23. Use the arrow keys to read each point.27.9028.0028.2010 AM12 PM2 PM4 PM
Expense ratio
0.55%
Fund size
$136M
1Y total return
+8.2%
Yield · Last 12 months
0.96%
Holdings
64
Avg volume · 30D
0M sh
NAV per share
$28.17
52W range
low $25.45high $31.17
Launched
Filings
SEC EDGAR

The ETF.net SMCO Grade

Based on 5 of 6 pillars

C

Score 51 out of 100

Category
US Active Small/Mid-Cap⁠
Rank
21 of 48
Six-pillar profile for SMCO. Scores out of 100: Cost 54, Risk 44, Mission not scored, Tradability 51, Holdings 53, Durability 49. Strongest: Cost (54). Weakest: Risk (44). 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.
    C54 out of 100
    Rank 21 of 48

  • 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.
    C44 out of 100
    Rank 27 of 44

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C51 out of 100
    Rank 22 of 48

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C53 out of 100
    Rank 28 of 48

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C49 out of 100
    Rank 26 of 48

Our read on SMCO

ETF.net Research

CAn active small- and mid-cap stock picker in a peer group stuffed with cheap large-cap core index funds. Hilton's sub-adviser runs a proprietary US small/mid process built for long-term capital appreciation, priced under the typical active US equity fund.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  1. 01Charges 0.55% a year, below the 0.65% median for active US equity funds. Not index-fund cheap, but light for a discretionary stock-picking mandate.
  2. 02Hunts US small and mid caps, the ground the cohort's top-scoring giants (DFAU, FELC, DFAC) mostly skip with their large-cap core books.
  3. 03The portfolio itself is the strongest part of the package: a diversified US equity book with no structural quirks in the wrapper, and it lands in the upper half of its peer group.

Worth knowing

  1. 01Thinly traded. Spreads can run wider than in the category's mega-funds, so order size and timing matter more here than with a household-name index ETF.
  2. 02Launched in late 2023, so the record is short and covers one stretch of market weather.
  3. 03Small and mid caps swing harder than large caps, and there is no published index to measure the manager against. Outcomes ride on the sub-adviser's process.

SMCO Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
64
Top-10 weight
24%
Largest holding
CLH2.9%

Geography

  • United States94.40%
  • United Kingdom2.28%
  • Ireland2.09%
  • Bermuda1.23%
The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001CLHClean Harbors Inc Com2.93%12,563$4M161
002HQYHealthEquity Inc2.45%35,883$3M159
003CFRCullen/Frost Bankers Inc2.43%21,987$3M150
004TDYTeledyne Technologies Inc2.40%5,325$3M265
005WSTWest Pharmaceutical Services Inc2.39%8,884$3M284
006EQTEQT Corp2.38%61,284$3M308
007NVTnVent Electric PLC2.29%18,560$3M251
008IDAIDACORP Inc2.22%22,311$3M156
009TENBTenable Holdings Inc2.18%71,356$3M135
010STESteris PLC2.09%13,237$3M267
011MGNIMagnite Inc2.06%110,355$3M98
012RDNTRadNet Inc2.04%39,065$3M114
013BJBJ's Wholesale Club Holdings Inc1.99%27,452$3M152
014SNXTD SYNNEX Corp1.92%9,547$3M230
015FRPTFreshpet Inc1.91%40,446$3M112

Showing 1–15 of 64 holdings

SMCO Performance

Launched Nov 29, 2023

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.
SMCO$10,823
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. SMCO $10,823. SPY $12,044. Use the arrow keys to read each point.$9,526$10,886$12,247Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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 SMCO. Periods over one year show the average yearly return.
PeriodSMCO
Year to date+4.8%
1 month−1.1%
3 months−6.6%
1 year+8.2%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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 SMCO
YearReturn barSMCO
2026 YTD+4.8%
2025+6.4%
2024+17.8%
2023+7.8%

Since listing, Nov 29, 2023

SMCO in the news

Filtered to SMCO · US Active Small/Mid-Cap

SMCO 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 12, 2026.
0.96%Last 12 months
Payout per share
$0.27Last 12 months
Last payment
$0.27 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2023–2026

One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 27, 2023 $0.01; Dec 17, 2024 $0.12; Dec 30, 2025 $0.27. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$0.27
Dec 17, 2024Dec 18, 2024$0.12
Dec 27, 2023Dec 29, 2023$0.01

SMCO Risk

How much the fund’s monthly returns vary, scaled to a year.
16.3%
Annualised · 34 months to Sep 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.
0.50
vs 3-month T-bills · 34 months to Sep 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.
−22.7%
34 months · trough Apr 2025
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.
1.14
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.

SMCO Cost

Expense ratio0.55%
  • The middle half of US Active Small/Mid-Cap funds
  • Median 0.59%

19 of the 47 US Active Small/Mid-Cap funds charge less.

SMCO costs $55.00 a year on $10,000. The median US Active Small/Mid-Cap fund costs $59.00.

Other funds in US Active Small/Mid-Cap

See others