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Launched · SEC filings

TimesSquare Quality Mid Cap Growth ETF

TSCMNasdaqC

$18.38−0.23 (−1.25%)

At close: Nov 2, 2026, 4:00 PM ET

C41/ 100

Rank 60 of 90 in US Active Growth

C41/100Rank 60 of 90inUS Active Growth
Intraday session: down, 79 prints from 18.61 to 18.38. Range 18.38 to 18.78. Use the arrow keys to read each point.18.5018.7018.8010 AM12 PM2 PM4 PM
Expense ratio
0.55%
Fund size
$43M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
42
Avg volume · 30D
1.5K sh
52W range
low $17.34high $21.70
Launched
Filings
SEC EDGAR

The ETF.net TSCM Grade

Based on 5 of 6 pillars

C

Score 41 out of 100

Category
US Active Growth⁠
Rank
60 of 90
Six-pillar profile for TSCM. Scores out of 100: Cost 47, Risk 36, Mission not scored, Tradability 15, Holdings 85, Durability 17. Strongest: Holdings (85). Weakest: Tradability (15). Based on 5 of 6 pillars.

Score 41 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.
    C47 out of 100
    Rank 43 of 90

  • 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.
    D36 out of 100
    Rank 68 of 85

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F15 out of 100
    Rank 86 of 90

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A85 out of 100
    Rank 8 of 90

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F17 out of 100
    Rank 84 of 90

Our read on TSCM

ETF.net Research

In short

CTimesSquare has managed mid cap growth money since 2000. TSCM is the firm's first ETF, putting that bottom-up, quality-screened process into a wrapper that used to mean a separate account, a mutual fund or a collective trust.

Stated mandate

The Fund seeks long-term capital appreciation by investing primarily in a diversified portfolio of equity securities of mid-capitalization companies with quality-growth attributes. It is actively managed and uses a bottom-up, research-intensive investment process.

Why people hold it

  • A US mid cap growth mandate in a cohort stacked with large cap index-plus funds. The screen is quality growth: faster revenue and earnings growth, plus profitability.nasdaq.com
  • The portfolio is the strong suit: actively managed and diversified, built stock by stock through fundamental research rather than assembled from an index.
  • 0.55% for an active strategy from a mid cap specialist, right about the going rate among its actively managed equity peers.
  • The same mid cap growth process TimesSquare has offered through separate accounts, a mutual fund and a collective trust, now in an ETF.nasdaq.com

Worth knowing

  • Launched at the end of 2025, so there is no long fund record yet and the risk picture rests on a short history.
  • Small and thinly traded. Spreads can be wide, and sizable orders can push the price around. Mid cap shares themselves also trade in lower volumes than large caps.nasdaq.com
  • Cheaper names share the cohort (JUSA at 0.12%, FELG at 0.18%), though those are large cap index-plus strategies, not active mid cap stock picking.

TSCM Performance

Launched Dec 29, 2025

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.
TSCM$9,415
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,169
Dec 31, 2025 to Oct 30, 2026. TSCM $9,415. SPY $11,169. Use the arrow keys to read each point.$9,000$10,000$11,000Dec 2025Jun 2026Oct 2026

Dec 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 TSCM. Periods over one year show the average yearly return.
PeriodTSCM
Year to date−5.9%
1 month−3.2%
3 months−7.6%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 TSCM
YearReturn barTSCM
2026 YTD−5.9%
2025−0.9%

History from Dec 30, 2025

TSCM in the news

TSCM 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 30, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Dec 2025. No distributions yet.

TSCM Risk

Risk pillarD36 out of 100Rank 68 of 85 in US Active Growth
How much the fund’s monthly returns vary, scaled to a year.
Launched Dec 2025; 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 Dec 2025; 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 Dec 2025; 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.
0.76
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.

FMP measures it over up to five years of monthly returns.

TSCM Cost

Compare TSCM and FELG

Overpaying vs FELG, tied cheapest in US Active Growth

$7,155

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TSCM 0.55%

    $10,904

  • FELG 0.18% Tied cheapest

    $3,749

$10,000
30 years

Cost over time

  • TSCM 0.55%
  • FELG 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530TSCM $10,904FELG $3,749

Year by year

YearTSCMFELGOverpaying
10$988$328$660
20$3,790$1,281$2,509
30$10,904$3,749$7,155

Other funds in US Active Growth

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