FDRS
Founder-Led ETF
The Founder-Led ETF seeks to invest in publicly traded companies that are led by their founders, aiming to capitalize on the unique advantages and innovations that founder-led businesses often provide.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 95.8 M
ASSETS UNDER MGMT
49 bp
EXPENSES
Fund Basics
| Inception date | Dec 29, 2025 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NVIDIA CORP | 9.9 % |
| TESLA MOTORS INC | 9.6 % |
| META PLATFORMS INC | 8.6 % |
| ORACLE CORP | 6.6 % |
| PALANTIR TECHNOLOGIES INC. CLASS A | 6.2 % |
| DELL TECHNOLOGIES INC CLASS C | 4.2 % |
| CROWDSTRIKE HOLDINGS, INC. CLASS A | 3.0 % |
| SALESFORCE.COM INC | 2.9 % |
| ARISTA NETWORKS, INC. | 2.8 % |
| CASH & OTHER | 2.8 % |
Constituent Breakdown
| Number of holdings | 50 |
| Herfindahl-Hirschman Index | 0 |
| Wgt avg mkt cap (mns) | $889,912 |
| Large cap (>$10bn) | 0.0% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 0.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 91.4 % |
 |
CANADA | 3.3 % |
 |
CAYMAN ISLANDS | 1.0 % |
 |
NETHERLANDS | 0.9 % |
 |
SOUTH KOREA | 0.5 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 2.6% | -- | -- | -- | -- | -- | -- | 1.3% |
| Dividend Yield | 0.0% | -- | -- | -- | -- | -- | -- | 0.0% |
| Total Returns | 2.6% | -- | -- | -- | -- | -- | -- | 1.3% | Ann. Volatility | 28.3% | -- | -- | -- | -- | -- | -- | 28.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 52 |
| ADV traded (mns) | $1 |
| Turnover | 1.4% |
| Avg. Bid/Ask (% of price) | 0.25% |
Technical Indicators
| 30d moving avg. (EMA) | $23.04 |
| Relative strength (RSI) | 64 |
| MACD/Signal | 0.52/0.41 |
| Bollinger Bands (Upper/Lower) | $24.44/$22.10 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FDRS |
Expenses vs. FDRS |
ALTAR Score™ vs. FDRS |
|---|---|---|---|---|
| FFF | Founders 100 ETF | 65.6% | +26 bp | +0.1% |
| AGIX | KraneShares Artificial Intelligence and Technology ETF | 56.7% | +50 bp | -1.2% |
| IETC | iShares U.S. Tech Independence Focused ETF | 34.4% | -31 bp | +0.8% |
| IVES | Wedbush ETFMG Global Cloud Technology ETF | 31.5% | +19 bp | +1.4% |
| SPMO | Invesco S&P 500 Momentum ETF | 30.8% | -36 bp | +0.7% |
| SFYF | SoFi Social 50 ETF | 30.6% | -20 bp | -1.5% |
| OGIG | ALPS O'Shares Global Internet Giants ETF | 30.2% | -1 bp | +0.7% |
| FDG | American Century Focused Dynamic Growth ETF | 29.3% | -4 bp | -0.3% |
| ARKW | ARK Next Generation Internet ETF | 29.0% | +38 bp | -1.5% |
| QGRW | WisdomTree U.S. Quality Growth Fund | 28.6% | -21 bp | +0.9% |
Risk and Returns: FDRS vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/1/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
2.8%
ALTAR SCORE™
12nd
PERCENTILE
AVOID
ETFRC RATING
There are 1,400 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. FDRS's ALTAR Score™ is approximately -1.2 standard
deviations above the category average. This places FDRS in the 12nd percentile
among funds in the category.
Sell-Side Consensus
$28.75
PRICE TARGET
+14.7%
UPSIDE