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About Applied Finance IVS US SMID ETF
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Inception date
Dec 3, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Applied Finance Advisors LLC
Distributor
Foreside Fund Services LLC
Identifiers
3
ISINUS26923W1080
IVSS is actively managed and allocates approximately 80% of net assets to equity securities of US small- to mid-cap companies, defined as those with market capitalizations below $15 billion at purchase. These securities are believed to have potential for superior return. The investment process incorporates an Intrinsic Value Stewardship (IVS) analytical model that assesses factors such as profitability, competition, growth rate, cost of capital, and financing activities. The fund will hold at least 150 positions across various sectors but may take larger positions exceeding 5% in certain holdings or sectors. As a non-diversified fund, it invests in fewer securities than diversified funds. It also invests in convertible securities, preferred stocks, rights, warrants, real estate investment trusts (REITs), and American depositary receipts (ADRs).
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
Finance
Technology Services
Stocks99.65%
Finance16.56%
Technology Services11.02%
Health Technology8.28%
Commercial Services8.10%
Producer Manufacturing8.09%
Electronic Technology7.91%
Transportation5.63%
Consumer Services4.85%
Health Services4.52%
Retail Trade3.74%
Consumer Durables3.64%
Energy Minerals3.52%
Industrial Services2.94%
Process Industries2.79%
Utilities2.63%
Non-Energy Minerals2.06%
Consumer Non-Durables1.89%
Distribution Services1.42%
Miscellaneous0.05%
Communications0.04%
Bonds, Cash & Other0.35%
Cash0.35%
Stock breakdown by region
North America95.68%
Europe3.47%
Middle East0.59%
Latin America0.26%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IVSS invests in stocks. The fund's major sectors are Finance, with 16.56% stocks, and Technology Services, with 11.02% of the basket. The assets are mostly located in the North America region.
IVSS top holdings are Nextpower Inc. Class A and Ryman Hospitality Properties, Inc., occupying 2.27% and 2.20% of the portfolio correspondingly.
IVSS assets under management is 5.67 M USD. It's risen 348.25% over the last month.
IVSS fund flows account for 5.07 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, IVSS pays dividends to its holders with the dividend yield of 0.07%. The last dividend (Dec 26, 2025) amounted to 0.02 USD. The dividends are paid annually.
IVSS shares are issued by The Applied Finance Group Ltd. under the brand Applied Finance. The ETF was launched on Dec 3, 2025, and its management style is Active.
IVSS expense ratio is 0.59% meaning you'd have to pay 0.59% of your investment to help manage the fund.
IVSS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IVSS invests in stocks.
IVSS price has risen by 0.99% over the last month, and its yearly performance shows a 1.66% increase. See more dynamics on IVSS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.36% over the last month, showed a 0.50% increase in three-month performance and has increased by 0.50% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.36% over the last month, showed a 0.50% increase in three-month performance and has increased by 0.50% in a year.
IVSS trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.