USMD
CoreValues America First Technology ETF
CoreValues America First Technology ETF seeks to provide long-term capital appreciation by investing primarily in U.S. technology companies that are positioned to benefit from trends in innovation and growth within the sector.
US
EQUITY
Active
MANAGEMENT STYLE
$ 0.3 M
ASSETS UNDER MGMT
87 bp
EXPENSES
Fund Basics
| Inception date | Feb 05, 2026 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| TESLA MOTORS INC | 6.2 % |
| PALANTIR TECHNOLOGIES INC. CLASS A | 5.8 % |
| MICROSOFT CORP | 5.3 % |
| ADVANCED MICRO DEVICES | 4.6 % |
| AMAZON.COM INC | 4.4 % |
| NVIDIA CORP | 4.1 % |
| ALPHABET INC. CLASS A | 3.9 % |
| BROADCOM INC. | 3.5 % |
| INTL BUSINESS MACHINES CORP | 3.3 % |
| TEXAS INSTRUMENTS INC | 3.1 % |
Constituent Breakdown
| Number of holdings | 119 |
| Herfindahl-Hirschman Index | 325 |
| Wgt avg mkt cap (mns) | $1,042,420 |
| Large cap (>$10bn) | 91.8% |
| Mid cap ($2-10bn) | 1.5% |
| Small cap (<$2bn) | 0.1% |
| Developed mkts. | 100.8% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 92.2 % |
 |
IRELAND | 1.4 % |
 |
NETHERLANDS | 0.8 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -- | -- | -- | -- | -- | -- | -- | 29.1% |
| Dividend Yield | -- | -- | -- | -- | -- | -- | -- | 0.0% |
| Total Returns | -- | -- | -- | -- | -- | -- | -- | 29.1% | Ann. Volatility | -- | -- | -- | -- | -- | -- | -- | 27.4% |
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) | 0 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.15% |
Technical Indicators
| 30d moving avg. (EMA) | $31.37 |
| Relative strength (RSI) | 44 |
| MACD/Signal | -0.51/-0.31 |
| Bollinger Bands (Upper/Lower) | $33.71/$29.08 |
| Short interest (% of AUM) | 0.2% |
Distributions
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. USMD |
Expenses vs. USMD |
ALTAR Score™ vs. USMD |
|---|---|---|---|---|
| AIX | Defiance US 100 Tech AI Moat ETF | 54.0% | -22 bp | +0.6% |
| IVES | Wedbush ETFMG Global Cloud Technology ETF | 50.8% | -12 bp | +0.4% |
| QTOP | iShares Nasdaq Top 30 Stocks ETF | 44.1% | -67 bp | +1.8% |
| TECB | iShares U.S. Tech Breakthrough Multisector ETF | 43.3% | -57 bp | +1.1% |
| AIQ | Global X Artificial Intelligence & Technology ETF | 42.9% | -19 bp | +2.5% |
| QNDX | State Street SPDR Portfolio Nasdaq 100 ETF | 42.7% | -77 bp | +2.3% |
| QQQM | Invesco NASDAQ 100 ETF | 42.7% | -72 bp | +2.4% |
| QQQ | Invesco QQQ Trust Series I | 42.7% | -69 bp | +2.4% |
| FAI | First Trust Bloomberg Artificial Intelligence ETF | 42.6% | -21 bp | +2.9% |
| QQWZ | Pacer Cash COWZ 100-Nasdaq100 Rotator ETF | 41.7% | -38 bp | +2.0% |
Risk and Returns: USMD 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 (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| 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 11/6/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
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
2.8%
ALTAR SCORE™
8th
PERCENTILE
AVOID
ETFRC RATING
There are 1,388 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. USMD's ALTAR Score™ is approximately -1.4 standard
deviations above the category average. This places USMD in the 8th percentile
among funds in the category.
Sell-Side Consensus
$39.24
PRICE TARGET
+46.6%
UPSIDE