Skip to content
etf.net

Launched

Ab US Equity ETF

XCHGNYSE ArcaAlliance BernsteinB

$27.05−0.36 (−1.31%) past 5 days

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

B59/ 100

Rank 45 of 126 in US Active Equity

B59/100Rank 45 of 126inUS Active Equity
5D price: down, 11 points from 27.41 to 27.05. Range 27.05 to 27.61. Use the arrow keys to read each point.27.2027.3027.4027.5027.60Oct 27Oct 28Oct 29Oct 30Nov 2
Market opens at 9:30 AM ET.
Expense ratio
0.50%
Fund size
$705M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
580
Avg volume · 30D
1.78K sh
52W range
low $23.02high $27.98
Launched

The ETF.net XCHG Grade

B

Score 59 out of 100

Category
US Active Equity⁠
Rank
45 of 126
Six-pillar profile for XCHG. Scores out of 100: Cost 66, Risk 60, Mission 76, Tradability 40, Holdings 66, Durability 67. Strongest: Mission (76). Weakest: Tradability (40). Leans toward Mission.

Score 59 of 100 falls in the B 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.
    B66 out of 100
    Rank 40 of 126

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A76 out of 100
    Rank 22 of 49

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B60 out of 100
    Rank 49 of 126

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C40 out of 100
    Rank 79 of 126

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B66 out of 100
    Rank 48 of 124

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B67 out of 100
    Rank 39 of 126

Our read on XCHG

ETF.net Research

In short

BThe ticker is the tell. XCHG was seeded through a Section 351 exchange, the mechanism for folding appreciated stock into a new fund, then run as an actively managed, S&P 500-benchmarked portfolio of US mid- and large-caps.

Stated mandate

The fund seeks long-term growth of capital and income by investing primarily in U.S. mid- and large-capitalization companies. Its approach combines fundamental and quantitative research and aims to outperform over market cycles.

Why people hold it

  • 0.50% a year versus a 0.65% median for active US equity funds. An active mandate at a below-average sticker price.
  • Roughly 600 holdings measured against the S&P 500. A broad core sleeve, not a concentrated bet on a dozen convictions.
  • Built with Bernstein Private Wealth Management and launched into an AB ETF lineup already more than 20 funds deep. Pays quarterly.prnewswire.com
  • The process blends fundamental and quantitative research across US mid- and large-caps, aiming at growth of capital and income over full market cycles.

Worth knowing

  • Thinly traded. Spreads can run wider than on mega-liquid index funds, and size orders may need more patience.
  • Launched in December 2025, so there is no multi-cycle record for this strategy in ETF form yet.
  • Other active funds benchmarked to the same index charge less, including FELC at 0.18% and PQUS at 0.22%.

XCHG Performance

Launched Dec 12, 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.
XCHG$10,855
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,115
Dec 31, 2025 to Nov 2, 2026. XCHG $10,855. SPY $11,115. Use the arrow keys to read each point.$10,000$11,000Dec 2025Jun 2026Nov 2026

Dec 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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 XCHG. Periods over one year show the average yearly return.
PeriodXCHG
Year to date+8.5%
1 month−1.7%
3 months0.0%
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 XCHG
YearReturn barXCHG
2026 YTD+8.5%
2025+1.6%

History from Dec 17, 2025

XCHG in the news

XCHG Dividends

Last payment
$0.04 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 4 payments from 2025 to 2026 YTD. Dec 31, 2025 $0.01; Mar 20, 2026 $0.05; Jun 22, 2026 $0.04; Sep 18, 2026 $0.04. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 21, 2026$0.04
Jun 22, 2026Jun 23, 2026$0.04
Mar 20, 2026Mar 23, 2026$0.05
Dec 31, 2025Jan 2, 2026$0.01

XCHG Risk

Risk pillarB60 out of 100Rank 49 of 126 in US Active Equity
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.
0.91
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.

XCHG Cost

Compare XCHG and TACU

Overpaying vs TACU, cheapest in US Active Equity

$9,979

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

  • XCHG 0.50%

    $9,979

  • TACU 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • XCHG 0.50%
  • TACU 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530XCHG $9,979TACU $0

Year by year

YearXCHGTACUOverpaying
10$900$0$900
20$3,460$0$3,460
30$9,979$0$9,979

Other funds in US Active Equity

See others