ETF Evaluator:
Rareview 2X Bull Cryptoccy & Prc Mtl ETF (BEGS)
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(as of Sep 04)
Best Performing in Trading--Miscellaneous Over the Last Year
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ETF Details
Rareview 2X Bull Cryptoccy & Prc Mtl ETF Overview
Rareview 2X Bull Cryptoccy & Prc Mtl ETF (BEGS) is an actively managed Miscellaneous Trading--Miscellaneous exchange-traded fund (ETF). Rareview Capital launched the ETF in 2025.
The investment seeks long-term capital appreciation.
The fund is an actively-managed ETF that seeks to achieve its investment objective by investing in swaps on exchange-traded products, in two complimentary asset classes, a modern digital asset class (Cryptoassets) (the “Cryptoasset strategy”) and a traditional asset class (precious metals) (the “Precious Metals strategy”).
About Rareview 2X Bull Cryptoccy & Prc Mtl ETF (BEGS)
There are 2 members of the management team with an average tenure of 1.56 years: Matthew Tuttle (2025) and Neil Azous (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
Rareview 2X Bull Cryptoccy & Prc Mtl ETF has 9 securities in its portfolio. The top 10 holdings constitute 135.5% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Rareview 2X Bull Cryptoccy & Prc Mtl ETF is part of the Other global asset class and is within the Miscellaneous ETF group. Rareview 2X Bull Cryptoccy & Prc Mtl ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 58.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Rareview 2X Bull Cryptoccy & Prc Mtl ETF has -38.1% of the portfolio in cash.
Assets Under Management
The fund has $4 million in total assets, which is below the $110 million average for the Trading--Miscellaneous category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
BEGS Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Rareview 2X Bull Cryptoccy & Prc Mtl ETF expense ratio is high compared to funds in the Trading--Miscellaneous category. Rareview 2X Bull Cryptoccy & Prc Mtl ETF has an expense ratio of 0.99%, which is 24% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Rareview 2X Bull Cryptoccy & Prc Mtl ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 38% for the Trading--Miscellaneous category.
Recently, in the month of August 2026, Rareview 2X Bull Cryptoccy & Prc Mtl ETF returned 38.5%, which earned it a grade of B, as the Trading--Miscellaneous category had an average return of 18.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Rareview 2X Bull Cryptoccy & Prc Mtl ETF has a trailing yield of 59.25%, which is above the 38.46% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Rareview 2X Bull Cryptoccy & Prc Mtl ETF Grades
Year to date, the ETF has returned -18.6%, 8.3 percentage points worse than the category, which translates into a grade of D. The fund has returned -18.0% over the past year (grade of D).
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BEGS Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| BEGS Return (NAV) | 38.5% | 1.2% | -18.0% | na | na | na |
| BEGS Return (Price) | 38.5% | 1.1% | -18.4% | na | na | na |
| NAV +/- Price Return | 0.081% | 0.081% | 0.362% | na | na | na |
| Trading--Miscellaneous Avg | 18.3% | -5.8% | -16.3% | -7.2% | -10.8% | -11.4% |
| BEGS Grade (NAV) | B | B | D | na | na | na |
| +/- Category (NAV) | 20.2% | 7.0% | -1.7% | na | na | na |
| BEGS Tax-Cost Ratio | na | na | 13.5% | na | na | na |
BEGS Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| BEGS Return (NAV) | -18.6% | na | na | na | na | na | na | na | na | na | na |
| BEGS Return (Price) | -18.7% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.002% | na | na | na | na | na | na | na | na | na | na |
| Trading--Miscellaneous Avg | -10.3% | -17.7% | 3.2% | -17.0% | -10.3% | -12.4% | 6.5% | -12.0% | 5.8% | -4.1% | -10.4% |
| BEGS Grade (NAV) | D | na | na | na | na | na | na | na | na | na | na |
| +/- Category | -8.3% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 59.3% |
| Total Assets: | $ 5 Mil |
| Share Class Assets: | $ 5 Mil |
| Turnover: | 0.0% |
| Expense Ratio: | 0.99% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 200% |
| Leveraged: | Yes |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 1.6 years | |||
| Average Tenure: 1.6 years | |||
| Managers (Year): Tuttle Matthew (2025), Azous Neil (2025) | |||
Portfolio Composition (as of 8/31/26)
| # of Holdings: | 9 |
| % in Top 10 Holdings: | 135.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 58.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 80.1% |
| Cash: | -38.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Rareview Capital |
| Phone Number: | 888-783-8637 |
| Website: | |
| Inception Date: | February 7, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.99% (Rating: High) |
| Category Average Expense Ratio (%): | 1.30% |
