Key stats
About ActivePassive U.S. Equity ETF
Home page
Inception date
May 3, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Envestnet Asset Management, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US89834G7299
APUE aims for long-term capital appreciation by utilizing both an active and passive management strategy. The small-cap space is less researched and probed, thus the adviser will use an active approach to select small-cap stocks from a benchmark US total market index. Between 15% to 65% of portfolio assets may be directed by active management. The passive portion on the other hand, focuses on the large-cap space. The allocation is constructed using quantitative analysis and modeling, with the goal of achieving similar results to that of the underlying index. The adviser also employs strategic beta investing for exposure to investment factors such as value, momentum and quality. Such an approach is believed to result in better performance and generate higher returns. The fund is rebalanced annually between its active and passive management strategies. The adviser may adjust the portfolio any time and rebalance more frequently at their discretion.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks94.91%
Electronic Technology21.96%
Technology Services20.89%
Finance13.84%
Retail Trade6.81%
Health Technology6.29%
Producer Manufacturing4.14%
Consumer Non-Durables3.18%
Consumer Services3.18%
Consumer Durables2.60%
Energy Minerals2.35%
Utilities1.90%
Process Industries1.63%
Transportation1.26%
Health Services1.11%
Communications0.93%
Industrial Services0.90%
Distribution Services0.78%
Non-Energy Minerals0.74%
Commercial Services0.42%
Bonds, Cash & Other5.09%
ETF4.54%
Mutual fund0.50%
Cash0.05%
Stock breakdown by region
North America97.74%
Europe2.26%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
APUE invests in stocks. The fund's major sectors are Electronic Technology, with 21.96% stocks, and Technology Services, with 20.89% of the basket. The assets are mostly located in the North America region.
APUE top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 6.83% and 6.02% of the portfolio correspondingly.
APUE last dividends amounted to 0.28 USD. The year before, the issuer paid 0.12 USD in dividends, which shows a 57.98% increase.
APUE assets under management is 2.09 B USD. It's risen 3.27% over the last month.
APUE fund flows account for 195.57 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, APUE pays dividends to its holders with the dividend yield of 0.69%. The last dividend (Dec 24, 2024) amounted to 0.28 USD. The dividends are paid annually.
APUE shares are issued by Envestnet, Inc. under the brand ActivePassive. The ETF was launched on May 3, 2023, and its management style is Active.
APUE expense ratio is 0.33% meaning you'd have to pay 0.33% of your investment to help manage the fund.
APUE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
APUE invests in stocks.
APUE price has risen by 4.08% over the last month, and its yearly performance shows a 15.93% increase. See more dynamics on APUE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.44% over the last month, showed a 11.68% increase in three-month performance and has increased by 17.64% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.44% over the last month, showed a 11.68% increase in three-month performance and has increased by 17.64% in a year.
APUE trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.