Skip to content
etf.net

Launched

Sapient Quality Select ETF

SQSNasdaqC

$28.39−0.08 (−0.28%)

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

C47/ 100

Rank 3 of 5 in Global Active Quality / Moat

C47/100Rank 3 of 5inGlobal Active Quality / Moat
Intraday session: down, 8 prints from 28.47 to 28.39. Range 28.36 to 28.48. Use the arrow keys to read each point.28.3828.4328.4510 AM12 PM2 PM4 PM
Expense ratio
0.80%
Fund size
$1.4B
1Y total return
—
Yield · Last 12 months
—
Holdings
36
Avg volume · 30D
0M sh
NAV per share
$28.46
52W range
low $23.53high $29.05
Launched

The ETF.net SQS Grade

Based on 5 of 6 pillars

C

Score 47 out of 100

Category
Global Active Quality / Moat⁠
Rank
3 of 5
Six-pillar profile for SQS. Scores out of 100: Cost 30, Risk 73, Mission not scored, Tradability 59, Holdings 36, Durability 68. Strongest: Risk (73). Weakest: Cost (30). Based on 5 of 6 pillars.

Score 47 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.
    D30 out of 100
    Rank 4 of 5

  • 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.
    A73 out of 100
    Rank 1 of 5

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B59 out of 100
    Rank 2 of 5

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D36 out of 100
    Rank 5 of 5

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B68 out of 100
    Rank 1 of 5

Our read on SQS

ETF.net Research

CA boutique manager's concentrated take on global quality and growth, in an ETF wrapper. Actively picked, non-diversified, no index to hide behind, and it showed up with multi-billion-dollar size for a 2026 debut.

Stated mandate

The Fund seeks long-term total return. It is actively managed and invests in companies that the sub-adviser believes have quality and growth characteristics across sectors and geographies.

Why people hold it

  1. 01Genuinely active: the sub-adviser buys companies it judges to have quality and growth traits across sectors and geographies, US and overseas, rather than tracking a global index.sec.gov
  2. 02Non-diversified by design, so high-conviction names can carry real weight instead of being diluted across thousands of tickers.etfarchitect.com
  3. 03Rare for a 2026 launch: it is already a multi-billion-dollar fund, and it sits in the upper half of its global active-equity peer group.

Worth knowing

  1. 010.80% a year, above the 0.69% median for its peer group and many times what index-built global rivals like GSWO (0.15%) or AVGE (0.25%) charge.
  2. 02Trades lightly for its size, so bid/ask spreads can run wider than on household-name global funds.
  3. 03Live since March 2026, so the track record is short, and a concentrated book means single names move the ride more.etfarchitect.com

SQS Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
36
Top-10 weight
57%
Largest holding
NVDA9.9%

Geography

  • United States93.97%
  • Taiwan (Province of China)2.47%
  • Denmark2.28%
  • Korea (the Republic of)1.28%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA Corp9.94%617,358$142M847
002GOOGLAlphabet Inc7.55%305,686$108M709
003AAPLApple Inc7.47%316,136$106M715
004MSFTMicrosoft Corp5.80%154,433$83M815
005AMZNAmazon.com Inc5.47%296,676$78M736
006LLYEli Lilly & Co4.81%58,141$69M583
007VSTVistra Corp4.37%385,506$62M345
008MUMicron Technology Inc4.25%58,787$60M679
009AVGOBroadcom Inc3.87%152,554$55M754
010JPMJPMorgan Chase & Co.3.09%132,360$44M481
011METAMeta Platforms Inc3.04%60,311$43M704
012PANWPalo Alto Networks Inc2.88%97,841$41M501
013GEVGE Vernova Inc2.80%39,634$40M484
014TSMTaiwan Semiconductor Manufacturing Co Ltd2.46%77,178$35M277
015VRTVertiv Holdings Co2.36%138,452$34M387

Showing 1–15 of 36 holdings

SQS Performance

Launched Mar 13, 2026

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.Not enough history yet.Not enough history yet.
SQS$10,110
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. SQS $10,110. SPY $10,332. Use the arrow keys to read each point.$9,432$9,922$10,413Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – 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 SQS. Periods over one year show the average yearly return.
PeriodSQS
Year to dateFund launched this year—
1 month+1.3%
3 months+1.1%
1 yearFund is under 1 year old—
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 SQS
YearReturn barSQS
2026 YTD+12.5%

History from Mar 16, 2026

SQS in the news

No ETF.net Research article names SQS yet.

SQS 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.
—Last 12 months
Payout per share
—Last 12 months

Listed Mar 2026. No distributions yet.

SQS Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Mar 2026; fills in after 12 months
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.
—
Launched Mar 2026; fills in after 12 months
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.
—
Launched Mar 2026; fills in after 12 months
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.

SQS Cost

Expense ratio0.80%
  • The middle half of Global Active Quality / Moat funds
  • Median 0.75%

3 of the 5 Global Active Quality / Moat funds charge less.

SQS costs $80.00 a year on $10,000. The median Global Active Quality / Moat fund costs $75.00.

Other funds in Global Active Quality / Moat

See others