CTEF
Castellan Targeted Equity ETF
Castellan Targeted Equity ETF aims to provide long-term capital appreciation by investing primarily in a diversified portfolio of U.S. equity securities while employing a rules-based investment strategy to target specific investment themes.
US
EQUITY
Active
MANAGEMENT STYLE
483.9 M
ASSETS UNDER MGMT
45 bp
EXPENSES
Fund Basics
| Fund sponsor | Castellan |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 17, 2025 |
| Assets (mns) | $484 |
| Expense ratio | 45 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | |
| Taxation | 1099 |
| Stock selection | |
| Weighting | |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| MICRON TECHNOLOGY INC | 6.2 % |
| LAM RESEARCH CORP | 6.1 % |
| WESTERN DIGITAL CORP | 5.6 % |
| COMFORT SYSTEMS USA INC | 5.2 % |
| TAPESTRY, INC. | 4.9 % |
| CARNIVAL CORP | 4.9 % |
| HALOZYME THERAPEUTICS INC | 4.8 % |
| SYNCHRONY FINANCIAL | 4.8 % |
| JABIL CIRCUIT INC | 4.8 % |
| TENET HEALTHCARE CORP | 4.6 % |
Constituent Breakdown
| Number of holdings | 24 |
| Herfindahl-Hirschman Index | 0 |
| Wgt avg mkt cap (mns) | $0 |
| Large cap (>$10bn) | 0.0% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 0.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 100.6 % |
Historical Performance
Standardized Performance (as of 12/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -- | -- | -- | -- | -- | -- | -- | 33.1% |
| Dividend Yield | -- | -- | -- | -- | -- | -- | -- | 0.1% |
| Total Returns | -- | -- | -- | -- | -- | -- | -- | 33.2% | Ann. Volatility | -- | -- | -- | -- | -- | -- | -- | 17.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 8 |
| ADV traded (mns) | $1 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.16% |
Technical Indicators
| 30d moving avg. (EMA) | $67.38 |
| Relative strength (RSI) | 59 |
| MACD/Signal | 0.85/0.76 |
| Bollinger Bands (Upper/Lower) | $70.20/$65.37 |
| Short interest (% of AUM) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. CTEF |
Expenses vs. CTEF |
ALTAR Score™ vs. CTEF |
|---|---|---|---|---|
| AFOS | ARS Focused Opportunities Strategy ETF | 26.2% | 0 bp | +3.1% |
| CPAI | Counterpoint Quantitative Equity ETF | 24.1% | +30 bp | +6.2% |
| XNTK | State Street SPDR NYSE Technology ETF | 19.0% | -10 bp | +3.4% |
| QQQG | Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF | 17.7% | +4 bp | +3.9% |
| SEIM | SEI Enhanced U.S. Large Cap Momentum Factor ETF | 17.3% | -30 bp | +4.0% |
| LVDS | JPMorgan Fundamental Data Science Large Value ETF | 17.0% | +4 bp | +6.0% |
| PSI | Invesco Semiconductors ETF | 16.8% | +12 bp | +2.8% |
| MFMO | Motley Fool Momentum Factor ETF | 16.8% | +5 bp | +2.7% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 16.8% | -30 bp | +3.3% |
| FTXL | First Trust Nasdaq Semiconductor ETF | 16.6% | +15 bp | +3.5% |
Risk and Returns: CTEF vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 1/11/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
CTEF
5.4%
Cat. Avg
5.5%
ALTAR Score™ Calculation
Category Overview
There are 1045 funds in the US Equity category, with an average ALTAR Score™
of 5.5% and a standard deviation of
2.2%. CTEF's ALTAR Score™ is approximately
0.0 standard deviations
below
the category average. This places CTEF in the 50th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
CTEFSELL
U/W
HOLD
O/W
BUY