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VNSE

GradeFNew York Stock Exchange Arca

Natixis Vaughan Nelson Select ETF

Active Equity · Natixis · Inception 2020-09-17

$42.18−0.17 (−0.40%)

As of Sep 23, 2026, 11:09 AM EDT

Intraday session: down, 2 prints from 42.35 to 42.18. Range 42.18 to 42.35. Use the arrow keys to read each point.$42.25$42.30$42.3510 AM12 PM2 PM4 PM
Expense ratio
0.80%
Fund size
$14M
1Y return
+9.8%
Yield · Last 12 months
0.20%
Volume · 30D
0M sh
NAV per share
$42.12
52W range
low $35.19high $43.17

The ETF.net VNSE Grade

F

17/ 100

Rank 60 of 66 in US Active Value

Confidence Medium

Six-pillar profile for VNSE. Scores out of 100: Cost 13, Risk 22, Mission not scored, Tradability 6, Holdings 29, Durability 48. Strongest: Durability (48). Weakest: Tradability (6). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 17 of 100 sits in the F 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.
    FScore 13
    Category rank58/66 · bottom quartile
  • 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.
    FScore 22
    Category rank56/62 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 6
    Category rank64/66 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 29
    Category rank61/66 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 48
    Category rank40/66 · mid-pack

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

Our read on VNSE

ETF.net Research

FVaughan Nelson has picked stocks out of Houston since 1970, and this is its short list in an ETF: 20 to 40 US names, bottom-up and value-leaning, with no index to hide behind. Concentration is the whole point, in both directions.

Stated mandate

The fund uses a bottom-up process focused on value when constructing its portfolio.

Why people hold it

  1. 01Genuinely concentrated, not closet-index: the prospectus targets a portfolio of 20 to 40 securities and the fund is non-diversified, so individual picks actually move the needle.sec.gov
  2. 02Nothing to replicate. Outcomes ride on Vaughan Nelson's bottom-up, value-focused research, run by a Houston boutique founded in 1970 that sits inside the Natixis stable.im.natixis.comassets.im.natixis.com
  3. 03A contractual expense limit softens the sticker: the adviser waives fees or reimburses expenses once the cap is hit, so holders pay less than the 1.34% gross ratio suggests.assets.im.natixis.com

Worth knowing

  1. 01Cost sits at the expensive end of the US value aisle: 1.34% gross against a 0.55% peer median, with rules-based rivals like AVLV (0.15%) and DFLV (0.21%) far cheaper.
  2. 02Small and thinly traded, so the gap between buy and sell prices can be wider than in the category's giants, and size orders get noticed.
  3. 03Non-diversified by design. With 20 to 40 holdings, one stumble lands harder, and results can drift a long way from the S&P 500 it measures itself against.sec.gov

VNSE Holdings

As of Sep 20, 2026, 6:39 AM
Asset class
Stocks
Holdings
Top-10 weight
55%
Largest holding
NVDA9.0%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA CORP COMMON STOCK USD.0019.01%5,772$1M828
002TSMTAIWAN SEMICONDUCTOR SP ADR ADR6.93%2,265$975K268
003GOOGLALPHABET INC CL A COMMON STOCK USD.0016.79%2,747$954K704
004LLYELI LILLY + CO COMMON STOCK6.30%768$885K569
005XOMEXXONMOBIL HOLDINGS CORP COMMON STOCK5.54%4,768$778K501
006AAPLAPPLE INC COMMON STOCK USD.000015.03%2,099$707K707
007AMZNAMAZON.COM INC COMMON STOCK USD.014.84%2,707$680K720
008ETNEATON CORP PLC COMMON STOCK USD.013.91%1,342$549K259
009NUENUCOR CORP COMMON STOCK USD.43.50%1,858$493K340
010SCHWSCHWAB (CHARLES) CORP COMMON STOCK USD.013.40%4,565$478K385
011JPMJPMORGAN CHASE + CO COMMON STOCK USD1.03.38%1,360$475K478
012CMICUMMINS INC COMMON STOCK USD2.53.29%883$463K378
013VVISA INC CLASS A SHARES COMMON STOCK USD.00013.25%1,235$457K550
014ROSTROSS STORES INC COMMON STOCK USD.013.25%1,990$457K415
015METAMETA PLATFORMS INC CLASS A COMMON STOCK USD.0000063.06%630$430K683

Showing 1–15 of 27 holdings

VNSE Performance

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

VNSE$10,978
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. VNSE $10,978. SPY $11,723. Use the arrow keys to read each point.$8,910$10,441$11,973Sep 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 VNSE. Periods over one year show the average yearly return.
PeriodVNSE
Year to date+10.2%
1 month+1.2%
3 months+1.6%
1 year+9.8%
3 years+15.0%per year
5 years+9.1%per 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 VNSE
YearReturn barVNSE
2026 YTD+10.2%
2025+13.7%
2024+10.2%
2023+22.5%
2022−16.8%
2021+39.6%
2020+11.2%

Since listing, Sep 17, 2020

VNSE in the news

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

VNSE 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.
0.20%Last 12 months
Payout per share
$0.08Last 12 months
Last payment
$0.0035 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2020–2026

One bar per payment. 8 payments from 2020 to 2026 YTD. Dec 23, 2020 $0.02; Dec 27, 2021 $6.30; Apr 7, 2022 $1.68; Dec 27, 2022 $0.08; Dec 22, 2023 $0.06; Apr 5, 2024 $0.0016; Dec 30, 2025 $0.08; Apr 8, 2026 $0.0035. Use the arrow keys to read each point.2020202120222023202420252026YTD
Ex-datePay dateAmount per share
Apr 8, 2026Apr 9, 2026$0.0035
Dec 30, 2025Dec 31, 2025$0.08
Apr 5, 2024Apr 9, 2024$0.0016
Dec 22, 2023Dec 27, 2023$0.06
Dec 27, 2022Dec 29, 2022$0.08
Apr 7, 2022Apr 11, 2022$1.68
Dec 27, 2021Dec 29, 2021$6.30
Dec 23, 2020Dec 28, 2020$0.02

VNSE Risk

How much the fund’s monthly returns vary, scaled to a year.
15.2%
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.
0.53
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.
−24.4%
Trough Oct 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.
1.12
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.

VNSE Cost

Expense ratio0.80%
  • The middle half of US Active Value funds
  • Median 0.55%

57 of the 66 US Active Value funds charge less.

VNSE costs $80.00 a year on $10,000. The median US Active Value fund costs $55.00.