Key stats
About Founder-Led ETF
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Inception date
Dec 29, 2025
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
Corgi Strategies LLC
Distributor
Paralel Distributors LLC
Identifiers
3
ISIN US2189461013
FDRS contains a portfolio of the top 50 stocks of US companies that are led by at least one of their founders. Stocks may be of any market capitalization but will be weighted in the portfolio based on market capitalization, up to a cap of 10%. The index is reconstituted and rebalanced quarterly on the third Friday of March, June, September, and December. The fund is considered non-diversified, which means it may become concentrated in a particular sector or industry.
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
Technology Services
Finance
Electronic Technology
Stocks99.30%
Technology Services41.55%
Finance17.88%
Electronic Technology17.08%
Consumer Durables9.77%
Retail Trade4.23%
Commercial Services3.64%
Transportation1.48%
Health Technology1.32%
Consumer Services1.04%
Industrial Services0.84%
Non-Energy Minerals0.44%
Bonds, Cash & Other0.70%
Mutual fund0.74%
Cash−0.04%
Stock breakdown by region
North America96.41%
Latin America2.04%
Europe1.55%
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
FDRS invests in stocks. The fund's major sectors are Technology Services, with 41.57% stocks, and Finance, with 17.89% of the basket. The assets are mostly located in the North America region.
FDRS top holdings are Meta Platforms Inc Class A and NVIDIA Corporation, occupying 11.63% and 11.03% of the portfolio correspondingly.
FDRS assets under management is 11.77 M USD. It's risen 18.76% over the last month.
FDRS fund flows account for 12.43 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.
No, FDRS doesn't pay dividends to its holders.
FDRS shares are issued by Corgi Strategies LLC under the brand Founder. The ETF was launched on Dec 29, 2025, and its management style is Passive.
FDRS expense ratio is 0.49% meaning you'd have to pay 0.49% of your investment to help manage the fund.
FDRS follows the Founder Led Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FDRS invests in stocks.
FDRS price has fallen by −8.06% over the last month, and its yearly performance shows a −7.65% decrease. See more dynamics on FDRS price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −6.32% over the last month, showed a −6.32% decrease in three-month performance and has decreased by −6.32% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −6.32% over the last month, showed a −6.32% decrease in three-month performance and has decreased by −6.32% in a year.
FDRS trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.