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SMCO

GradeCNASDAQ Global Market

Hilton Small-MidCap Opportunity ETF

Active Equity · Hilton · Inception 2023-11-29 · SEC filings

$28.00−0.08 (−0.28%)

As of Sep 23, 2026, 2:25 PM EDT

History starts Nov 29, 2023.
Intraday session: down, 60 prints from 28.07 to 28.00. Range 27.88 to 28.07. Use the arrow keys to read each point.$27.90$27.95$28.0510 AM12 PM2 PM4 PM
Expense ratio
0.55%
Fund size
$136M
1Y return
+4.9%
Yield · Last 12 months
0.96%
Volume · 30D
0M sh
NAV per share
$27.99
52W range
low $25.45high $31.17

The ETF.net SMCO Grade

C

52/ 100

Rank 22 of 48 in US Active Small/Mid-Cap⁠

Confidence Medium

Six-pillar profile for SMCO. Scores out of 100: Cost 54, Risk 47, Mission not scored, Tradability 55, Holdings 51, Durability 50. Strongest: Tradability (55). Weakest: Risk (47). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

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 54
    Category rank23/48 · top 48%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 47
    Category rank25/44 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 55
    Category rank21/48 · top 44%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 51
    Category rank29/48 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 50
    Category rank26/48 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

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 Sep 20, 2026, 9:21 AM
Asset class
Stocks
Holdings
—
Top-10 weight
24%
Largest holding
CLH2.9%

Geography

  • United States94.08%
  • United Kingdom2.10%
  • Ireland2.06%
  • Bermuda1.77%
The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001CLHCLEAN HARBORS INC COM2.92%12,628$4M161
002WSTWest Pharmaceutical Services Inc2.71%10,061$4M287
003CFRCullen/Frost Bankers Inc2.59%22,100$4M156
004HQYHealthEquity Inc2.50%36,068$3M161
005TDYTeledyne Technologies Inc2.36%5,352$3M264
006EQTEQT Corp2.27%61,601$3M320
007RDNTRadNet Inc2.24%39,267$3M116
008IDAIDACORP Inc2.19%22,426$3M158
009MGNIMagnite Inc2.09%110,926$3M99
010NVTnVent Electric PLC2.07%18,656$3M252
011STESTERIS PLC2.03%13,305$3M265
012PRMBPrimo Brands Corp2.03%130,785$3M103
013CBUCommunity Financial System Inc1.98%43,341$3M114
014DYDycom Industries Inc1.98%9,448$3M153
015CBSHCommerce Bancshares Inc/MO1.97%46,784$3M144

Showing 1–15 of 65 holdings

SMCO Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SMCO$10,492
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. SMCO $10,492. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for SMCO. Periods over one year show the average yearly return.
PeriodSMCO
Year to date+4.7%
1 month−5.9%
3 months−7.4%
1 year+4.9%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per 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+4.7%
2025+6.4%
2024+17.8%
2023+7.8%

Since listing, Nov 29, 2023

SMCO in the news

ETF.net Research hasn’t filed on SMCO yet — coverage lands here as it’s written.

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 Sep 22, 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.
16.1%
Annualised · 33 months to Aug 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.
0.64
vs 3-month T-bills · 33 months to Aug 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%
33 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.
1.12
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 0.55%

20 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 $55.00.