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TSCM

GradeCNASDAQ Global Market

TimesSquare Quality Mid Cap Growth ETF

Active Equity · TimesSquare · Inception 2025-12-29 · SEC filings

$19.31−0.08 (−0.40%)

As of Sep 23, 2026, 1:53 PM EDT

History starts Dec 30, 2025.History starts Dec 30, 2025.
Intraday session: down, 8 prints from 19.39 to 19.31. Range 19.25 to 19.36. Use the arrow keys to read each point.$19.25$19.27$19.32$19.3510 AM12 PM2 PM4 PM
Expense ratio
0.55%
Fund size
$43M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0M sh
NAV per share
$19.25
52W range
low $17.34high $21.70

The ETF.net TSCM Grade

C

40/ 100

Rank 57 of 90 in US Active Growth⁠

Confidence Medium

Six-pillar profile for TSCM. Scores out of 100: Cost 50, Risk 36, Mission not scored, Tradability 7, Holdings 85, Durability 14. Strongest: Holdings (85). Weakest: Tradability (7). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 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 50
    Category rank49/90 · mid-pack

  • 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.
    DScore 36
    Category rank65/79 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 7
    Category rank85/90 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 85
    Category rank8/89 · top 9%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    FScore 14
    Category rank86/90 · bottom quartile

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

Our read on TSCM

ETF.net Research

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

  1. 01A 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
  2. 02The portfolio is the strong suit: actively managed and diversified, built stock by stock through fundamental research rather than assembled from an index.
  3. 030.55% for an active strategy from a mid cap specialist, right about the going rate among its actively managed equity peers.
  4. 04The 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

  1. 01Launched at the end of 2025, so there is no long fund record yet and the risk picture rests on a short history.
  2. 02Small 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
  3. 03Cheaper 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 Holdings

As of Sep 20, 2026, 10:11 AM
Asset class
Stocks
Holdings
—
Top-10 weight
36%
Largest holding
SNOW4.0%

Geography

  • United States95.64%
  • Canada3.35%
  • Ireland1.01%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001SNOWSNOWFLAKE INC3.95%4,913$2M321
002FROGJFROG LTD3.85%17,225$2M115
003EMEEMCOR GROUP INC3.71%2,138$2M330
004ALABASTERA LABS INC3.68%5,270$2M258
005FIXCOMFORT SYSTEMS USA INC3.67%979$2M393
006IOTSAMSARA INC-CL A3.64%38,214$2M178
007ROSTROSS STORES INC3.58%6,563$2M415
008EHCENCOMPASS HEALTH CORP3.56%12,166$1M169
009CCJCAMECO CORP3.35%15,186$1M49
010TTWOTAKE-TWO INTERACTIVE SOFTWRE3.16%6,315$1M319
011DTDYNATRACE INC3.16%23,804$1M184
012VRTVERTIV HOLDINGS CO-A3.16%5,499$1M384
013DASHDOORDASH INC - A3.10%6,689$1M339
014IDXXIDEXX LABORATORIES INC3.05%2,528$1M361
015EVREVERCORE INC - A3.00%4,800$1M176

Showing 1–15 of 41 holdings

TSCM Performance

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

TSCM$9,806
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. TSCM $9,806. SPY $11,430. Use the arrow keys to read each point.$8,555$10,119$11,684Dec 2025May 2026Sep 2026

Dec 31, 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 TSCM. Periods over one year show the average yearly return.
PeriodTSCM
Year to date−1.9%
1 month−6.2%
3 months−5.8%
1 yearFund is under 1 year old—
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 TSCM
YearReturn barTSCM
2026 YTD−1.9%
2025−0.9%

History from Dec 30, 2025

TSCM in the news

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

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 Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Dec 2025. No distributions yet.

TSCM Risk

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.
0.70
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.

TSCM Cost

Expense ratio0.55%
  • The middle half of US Active Growth funds
  • Median 0.56%

40 of the 89 US Active Growth funds charge less.

TSCM costs $55.00 a year on $10,000. The median US Active Growth fund costs $56.00.