PP

Meet Kevin Pricing Power ETF

PP is an actively managed portfolio of 25 to 60 innovative US companies that have more pricing power relative to their peers. The fund may use targeted ETFs as a potential macro-hedge against anticipated market risks.


Asset Allocation

MULTI

Active

MANAGEMENT STYLE

$ 29.4 M

ASSETS UNDER MGMT

77 bp

EXPENSES
Fund Basics
Inception dateNov 29, 2022
RegulationOpen-Ended Fund
Fund Websitelink...
DistributionsAnnually
CurrencyUSD
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top Holdings
DIREXION DAILY 20 YEAR PLUS TREASURY BULL 3X 16.1 %
ENPHASE ENERGY INC 12.4 %
UNITED STATES TREASURY NOTE/BOND 4.625% 11/15 9.9 %
ROCKET COS INC 9.8 %
CASH & OTHER 7.6 %
MR COOPER GROUP INC 5.7 %
UWM HOLDINGS CORP 5.5 %
YELP INC 5.3 %
TESLA INC 4.8 %
REDFIN CORP 4.8 %
Historical Performance


Standardized Performance (as of 10/31/2025)
 YTD1 YR2 YR3 YR5 YR10 YR20 YRIncep.
Price Returns 2.9% 1.7% 10.6% -- -- -- -- 11.9%
Dividend Yield -2.9% -1.7% -10.6% -- -- -- -- -11.9%
Total Returns -- -- -- -- -- -- -- --
Ann. Volatility 21.1% 21.0% 23.9% -- -- -- -- 25.8%
Market Correlations
versus...BetaR-squared
S&P 5000.000%
MSCI EAFE0.000%
MSCI Emg Mkts0.000%
Liquidity Measures
Avg. volume (000)41
ADV traded (mns)$1
Turnover3.6%
Avg. Bid/Ask (% of price)0.28%
Technical Indicators
30d moving avg. (EMA)$26.10
Relative strength (RSI)49
MACD/Signal0.05/0.07
Bollinger Bands (Upper/Lower)$26.72/$25.56
Short interest (% of AUM)0.1%
Distributions
Bid/Ask Spreads
28 bp
AVG SPREAD
<1 — <1 bp
RANGE
Spreads data based on the average National Best Bid & Offer (NBBO) found in observations at various times each trading day, for up to three months. Tick data supplied by NASDAQ.
Total Cost of Ownership EXPENSES    AVG SPREAD
105 bp
PP
122 bp
PEER AVG