Methodology
The Sapient Quality Select ETF (the “Fund”), ticker SQS, is an actively managed exchange-traded fund that seeks to achieve its investment objective of providing long-term total return by investing in companies that are believed to exhibit both quality and growth characteristics across sectors and geographies.
The Fund seeks to invest in companies that have demonstrated one or more of the following traits, including strong growth attributes, attractive quality attributes, above-average profitability, attractive valuation attributes, and a strong management profile.
Why Purchase this ETF?
- As an actively managed complement to a passive equity allocation, investors can possibly experience greater long-term total returns than broad index exposure.
- The Fund aims to capture long-term total returns by capitalizing on growth themes and areas of change in the economy.
- Active management in an exchange-traded fund (ETF) structure that provides transparency, intra-day liquidity, and the potential for tax-efficient investing.
Fund Documents
Current NAV and Market Price
Month-End Performance
| Fund Ticker | Type | YTD | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | As of Date | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SQS | MKT | -0.57 | 0.45 | 14.95 | 12.19 | 09/30/2026 | 03/13/2026 | |||||
| SQS | NAV | -0.62 | 0.35 | 14.72 | 11.97 | 09/30/2026 | 03/13/2026 |
| Field | Value |
|---|---|
| As of Date | 2026-09-30 |
Quarter-End Performance
| Fund Ticker | Type | YTD | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | As of Date | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SQS | MKT | -0.57 | 0.45 | 14.95 | 12.19 | 09/30/2026 | 03/13/2026 | |||||
| SQS | NAV | -0.62 | 0.35 | 14.72 | 11.97 | 09/30/2026 | 03/13/2026 |
| Field | Value |
|---|---|
| As of Date | 2026-09-30 |
The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Performance shown reflects the deduction of ordinary fund operating expenses. The total annual fund operating expenses are 0.80%, gross of any fee waivers or expense reimbursements, as stated in the prospectus fee table. The Fund is new and therefore does not have a performance history for a full calendar year as of the most recent quarter end.
Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times. Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. YTD is year-to-date and ITD is inception-to-date.
NAV return represents the closing price of the underlying securities.
Historical Premium/Discount
The Premium/Discount shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The table shows the premium or discount of the mid-point price as a percentage of the NAV as well as the number of trading days the Fund traded within the given premium/discount range.
Completed Calendar Quarters of the Year
| Year | Quarter | Days Traded at Premium | Days Traded at Discount |
|---|---|---|---|
| 2026 | 3 | 57 | 6 |
| 2026 | 2 | 41 | 18 |
| 2026 | 1 | 9 | 1 |
Most Recent Completed Calendar Year
| Days Traded at Premium | Days Traded at Discount |
|---|---|
Fund Distribution
| Ex Date | Record Date | Payable Date | Income | Short Term Capital Gain | Long Term Capital Gain | Total Capital Gain | Total Distribution |
|---|---|---|---|---|---|---|---|
Fund Holdings
| TICKER | NAME | CUSIP | SHARES | PRICE | Market Value ($mm) | % OF NET ASSETS | EFFECTIVE_DATE |
|---|---|---|---|---|---|---|---|
| TJX | TJX Cos Inc/The | 872540109 | 165,971 | 145.06 | 24.08 | 1.77 | 10/26/2026 |
| MPWR | Monolithic Power Systems Inc | 609839105 | 11,254 | 1,140.12 | 12.83 | 0.94 | 10/26/2026 |
| MS | Morgan Stanley | 617446448 | 119,164 | 179.49 | 21.39 | 1.57 | 10/26/2026 |
| NFLX | Netflix Inc | 64110L106 | 191,061 | 65.85 | 12.58 | 0.92 | 10/26/2026 |
| NVDA | NVIDIA Corp | 67066G104 | 618,342 | 210.96 | 130.45 | 9.58 | 10/26/2026 |
| ORLY | O'Reilly Automotive Inc | 67103H107 | 227,331 | 89.92 | 20.44 | 1.5 | 10/26/2026 |
| PANW | Palo Alto Networks Inc | 697435105 | 97,993 | 380.55 | 37.29 | 2.74 | 10/26/2026 |
| RGLD | Royal Gold Inc | 780287108 | 81,228 | 227.42 | 18.47 | 1.36 | 10/26/2026 |
| SKHY | SK hynix Inc | 78392B206 | 108,047 | 137.02 | 14.80 | 1.09 | 10/26/2026 |
| NOW | ServiceNow Inc | 81762P102 | 114,096 | 158.96 | 18.14 | 1.33 | 10/26/2026 |
| MU | Micron Technology Inc | 595112103 | 58,875 | 877.55 | 51.67 | 3.8 | 10/26/2026 |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd | 874039100 | 77,298 | 418.51 | 32.35 | 2.38 | 10/26/2026 |
| VRTX | Vertex Pharmaceuticals Inc | 92532F100 | 30,981 | 523.93 | 16.23 | 1.19 | 10/26/2026 |
| VRT | Vertiv Holdings Co | 92537N108 | 138,668 | 194.32 | 26.95 | 1.98 | 10/26/2026 |
| VST | Vistra Corp | 92840M102 | 386,122 | 140.16 | 54.12 | 3.98 | 10/26/2026 |
| WFC | Wells Fargo & Co | 949746101 | 286,883 | 82.39 | 23.64 | 1.74 | 10/26/2026 |
| WDAY | Workday Inc | 98138H101 | 97,269 | 209.99 | 20.43 | 1.5 | 10/26/2026 |
| Cash&Other | Cash & Other | -451,726 | 1.00 | -0.45 | -0.03 | 10/26/2026 | |
| ASND | Ascendis Pharma A/S | K08588103 | 141,749 | 243.37 | 34.50 | 2.53 | 10/26/2026 |
| FGXXX | First American Government Obligations Fund 12/01/2031 | 31846V336 | 3,371,654 | 100.00 | 3.37 | 0.25 | 10/26/2026 |
| AMZN | Amazon.com Inc | 023135106 | 297,148 | 248.00 | 73.69 | 5.41 | 10/26/2026 |
| AAPL | Apple Inc | 037833100 | 316,640 | 347.73 | 110.10 | 8.09 | 10/26/2026 |
| BAC | Bank of America Corp | 060505104 | 453,749 | 50.56 | 22.94 | 1.69 | 10/26/2026 |
| BKNG | Booking Holdings Inc | 09857L108 | 146,309 | 155.83 | 22.80 | 1.67 | 10/26/2026 |
| AVGO | Broadcom Inc | 11135F101 | 152,794 | 321.68 | 49.15 | 3.61 | 10/26/2026 |
| CVX | Chevron Corp | 166764100 | 118,365 | 233.21 | 27.60 | 2.03 | 10/26/2026 |
| COST | Costco Wholesale Corp | 22160K105 | 26,149 | 1,003.32 | 26.24 | 1.93 | 10/26/2026 |
| META | Meta Platforms Inc | 30303M102 | 60,407 | 642.62 | 38.82 | 2.85 | 10/26/2026 |
| GOOGL | Alphabet Inc | 02079K305 | 306,174 | 320.21 | 98.04 | 7.2 | 10/26/2026 |
| GEV | GE Vernova Inc | 36828A101 | 39,690 | 815.00 | 32.35 | 2.38 | 10/26/2026 |
| GE | GE AEROSPACE | 369604301 | 67,383 | 285.64 | 19.25 | 1.41 | 10/26/2026 |
| JPM | JPMORGAN CHASE & CO. | 46625H100 | 132,568 | 331.58 | 43.96 | 3.23 | 10/26/2026 |
| JNJ | Johnson & Johnson | 478160104 | 106,145 | 263.81 | 28.00 | 2.06 | 10/26/2026 |
| KMI | Kinder Morgan Inc | 49456B101 | 586,043 | 34.43 | 20.18 | 1.48 | 10/26/2026 |
| LLY | Eli Lilly & Co | 532457108 | 58,229 | 1,273.46 | 74.15 | 5.45 | 10/26/2026 |
| MTB | M&T Bank Corp | 55261F104 | 88,869 | 221.66 | 19.70 | 1.45 | 10/26/2026 |
| MSFT | Microsoft Corp | 594918104 | 154,673 | 524.51 | 81.13 | 5.96 | 10/26/2026 |
| Field | Value |
|---|---|
| As of Date | 2026-10-26 |
Fund holdings are subject to change and are not recommendations to buy or sell any security.