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TMFX

GradeCChicago Board Options Exchange

Motley Fool Next Index ETF

Major Indexes · Motley Fool · Inception 2021-12-29 · SEC filings

$23.97−0.08 (−0.31%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Dec 31, 2021.
Intraday session: down, 58 prints from 24.05 to 23.97. Range 23.92 to 24.09. Use the arrow keys to read each point.$23.90$24.00$24.05$24.1010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$35M
1Y return
+9.4%
Yield · Last 12 months
0.05%
Volume · 30D
0M sh
NAV per share
$23.93
52W range
low $19.32high $26.26

The ETF.net TMFX Grade

C

46/ 100

Rank 26 of 44 in Other Major Indexes⁠

Confidence High

Six-pillar profile for TMFX. Scores out of 100: Cost 31, Risk 21, Mission 79, Tradability 33, Holdings 78, Durability 39. Strongest: Mission (79). Weakest: Risk (21). Leans toward Mission and Holdings.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 46 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.
    DScore 31
    Category rank30/44 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 79
    Category rank19/31 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 21
    Category rank41/43 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 33
    Category rank34/44 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 78
    Category rank7/42 · top 17%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 39
    Category rank32/44 · mid-pack

Graded as of Sep 22, 2026

Our read on TMFX

ETF.net Research

CThe Motley Fool's recommendation list, minus the household names. TMFX tracks a rules-based index of mid- and small-cap US companies its analysts have flagged, deliberately leaving out the 100 largest.

Stated mandate

The fund seeks to track, before fees and expenses, the total return of the Motley Fool Next Index.

Why people hold it

  1. 01The entry rule is unusually legible: mid- and small-cap US companies recommended by Motley Fool's analysts and newsletters, with the biggest 100 stripped out.stockanalysis.comaaii.com
  2. 02It fishes below the mega-cap waterline where most index money already sits, which makes it a different exposure from a standard US core fund rather than a repeat of one.fooletfs.comstockanalysis.com
  3. 03Rules run the portfolio, not a stock picker's mood: passive, market-cap weighted, tracking the Motley Fool Next Index before fees and expenses.stockanalysis.com
  4. 04Live since 2021, so the strategy has traded through a full cycle of rate shocks and growth swings instead of existing only on a backtest.

Worth knowing

  1. 01At 0.50% a year, it costs meaningfully more than plain-vanilla broad index trackers. The proprietary index is what you're paying the extra for.
  2. 02Small fund, thin tape. Spreads can widen, so limit orders do more work here than with a heavily traded index ETF.
  3. 03Smaller, growth-leaning companies move harder in both directions than large-cap core, and payouts are occasional rather than a steady income stream.fooletfs.com

TMFX Holdings

As of Sep 20, 2026, 8:54 AM
Asset class
Stocks
Holdings
—
Top-10 weight
18%
Largest holding
MRNA3.0%

Sectors

  • Technology30.1%
  • Health Care24.1%
  • Consumer Discr.15.6%
  • Industrials12.5%
  • Financials7.8%
  • Communication3.0%
  • Cons. Staples2.3%
  • Real Estate1.7%
  • Energy1.6%
  • Materials1.3%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 14.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001MRNAModerna Inc3.01%6,708$1M240
002WDAYWorkday Inc2.25%3,988$773K389
003VEEVVeeva Systems Inc1.90%2,501$651K314
004DXCMDexcom Inc1.65%6,339$566K365
005TWLOTwilio Inc1.64%2,300$561K271
006ILMNIllumina Inc1.57%2,240$537K305
007CTSHCognizant Technology Solutions Corp1.48%8,501$509K354
008RMDResMed Inc1.48%2,260$508K317
009BIIBBiogen Inc1.48%2,357$508K331
010EQTEQT Corp1.46%9,982$499K320
011MDBMongoDB Inc1.45%1,294$496K271
012ZSZscaler Inc1.44%2,509$495K219
013RDDTReddit Inc1.40%3,188$481K286
014OKTAOkta Inc1.40%2,634$480K245
015CBOECboe Global Markets Inc1.39%1,742$475K320

Showing 1–15 of 198 holdings

TMFX Performance

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

TMFX$10,936
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. TMFX $10,936. SPY $11,723. Use the arrow keys to read each point.$8,562$10,281$11,999Sep 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 TMFX. Periods over one year show the average yearly return.
PeriodTMFX
Year to date+11.5%
1 month−3.3%
3 months+9.2%
1 year+9.4%
3 years+17.9%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 TMFX
YearReturn barTMFX
2026 YTD+11.5%
2025+10.4%
2024+16.0%
2023+18.0%
2022−28.2%

TMFX in the news

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

TMFX 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.
0.05%Last 12 months
Payout per share
$0.01Last 12 months
Last payment
$0.01 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2022–2026

One bar per payment. 4 payments from 2022 to 2026 YTD. Dec 14, 2022 $0.03; Dec 13, 2023 $0.03; Dec 17, 2024 $0.01; Dec 18, 2025 $0.01. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Dec 18, 2025Dec 19, 2025$0.01
Dec 17, 2024Dec 18, 2024$0.01
Dec 13, 2023Dec 15, 2023$0.03
Dec 14, 2022Dec 16, 2022$0.03

TMFX Risk

How much the fund’s monthly returns vary, scaled to a year.
18.1%
Annualised · 36 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.
0.66
vs 3-month T-bills · 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.
−34.3%
56 months · trough Jun 2022
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.
1.15
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.

TMFX Cost

Expense ratio0.50%
  • The middle half of Other Major Indexes funds
  • Median 0.29%

29 of the 42 Other Major Indexes funds charge less.

TMFX costs $50.00 a year on $10,000. The median Other Major Indexes fund costs $29.00.