AAM Transformers ETF
$59.42−0.19 (−0.32%)
- 0.49%
- $351M
- +24.4%
- 0M sh
- $60.70
- low $43.76high $64.50
The ETF.net TRFM Grade
A
Score 73 out of 100
- 3 of 31
Score 73 of 100 falls in the A 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.A78 out of 100Rank 5 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B63 out of 100Rank 9 of 31Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A71 out of 100Rank 6 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A90 out of 100Rank 1 of 31Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C52 out of 100Rank 17 of 31
Our read on TRFM
AMost disruption funds buy the story. TRFM screens for companies actually writing R&D checks, then spreads the theme across a couple hundred US-listed names instead of a concentrated bet on thirty.
The Fund passively tracks the total return of the Pence Transformers Index before fees and expenses. The index targets U.S.-listed equity securities of companies positioned to benefit from significant changes in consumer behavior and technological innovation.
Why people hold it
- Candidates are screened on research-and-development spending, so names earn a slot with budget receipts, not just a narrative.nasdaq.com
- 0.49% a year, below the typical fee in its disruptive-innovation cohort, and it follows a published index rather than a manager's hunches.
- Modified equal weighting across a couple hundred holdings keeps any single mega-cap from quietly becoming the whole theme.stockanalysis.com
- Sits among the strongest implementations in its disruptive-innovation peer group on our review.
Worth knowing
- Not the cheapest door into the theme. Broader innovation rivals such as KOMP carry a lower expense ratio.
- Trades thinly next to the category's giants, so the bid-ask spread can matter more to your cost than the fee does.
- Launched in 2022, so the track record is short, and the index stays US-listed (ADRs count) rather than buying foreign shares directly.stockanalysis.com
TRFM Holdings
- Stocks
- 265
- 9%
- AMD
Sectors
- Technology57.7%
- Industrials21.2%
- Utilities8.1%
- Consumer Discretionary5.8%
- Communication4.9%
- Financials1.5%
- Materials0.4%
- Consumer Staples0.2%
- Energy0.2%
Geography
- United States76.89%
- Japan4.77%
- Germany2.03%
- United Kingdom1.97%
- China1.96%
- Netherlands1.94%
- Taiwan1.40%
- Canada1.32%
- 7.72%
Developed 73% · Emerging 27%
TRFM Performance
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.
TRFM$12,442
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.
| Period | TRFM |
|---|---|
| Year to date | +25.1% |
| 1 month | +2.2% |
| 3 months | −2.5% |
| 1 year | +24.4% |
| 3 years | +30.0% |
| 5 years | — |
| 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 | TRFM |
|---|---|---|
| 2026 YTD | +25.1% | |
| 2025 | +25.8% | |
| 2024 | +19.9% | |
| 2023 | +44.7% | |
| 2022 | −7.4% |
TRFM in the news
TRFM Dividends
- $0.08 per share
- Irregular
Distribution data unavailable.
Distribution history
TRFM Risk
- 23.0%
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.
- 1.07
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.
- −28.4%
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.
- 1.64
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TRFM Cost
0.49%
TRFM0.49%
- The middle half of Disruptive Innovation funds
- Median 0.65%
4 of the 31 Disruptive Innovation funds charge less.
Other funds in Disruptive Innovation
- AXTiShares Future Exponential Technologies ETFExpense ratio 0.46%1 year return +27.8%
- AKOMPState Street SPDR S&P Kensho New Economies Composite ETFExpense ratio 0.20%1 year return +7.5%
- AXITKState Street SPDR FactSet Innovative Technology ETFExpense ratio 0.45%1 year return +9.3%
- BGINNGoldman Sachs Innovate Equity ETFExpense ratio 0.50%1 year return +13.3%
- BFDTXFidelity Disruptive Technology ETFExpense ratio 0.50%1 year return +46.8%