ETF Evaluator: Yorkville America MANGOS Plus Index ETF (FRUT) Follow This ETF

Yorkville America MANGOS Plus Index ETF Overview

Yorkville America MANGOS Plus Index ETF (FRUT) is a passively managed Sector Equity Technology exchange-traded fund (ETF). Yorkville America launched the ETF in 2026.

The investment seeks to provide investment results that, before fees and expenses, track the price and yield performance of the Yorkville America™ MANGOS Plus Index. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities and other investments that provide exposure to the issuers comprising the underlying index. The fund's 80% investment policy may be changed only upon at least sixty (60) days' prior written notice to shareholders. It is non-diversified.

About Yorkville America MANGOS Plus Index ETF (FRUT)

There are 2 members of the management team with an average tenure of 0.09 years: Andrew (Andy) Hicks (2026) and Christopher Mullen (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: Yorkville America MANGOS Plus USD index with a weighting of 100%. Yorkville America MANGOS Plus Index ETF has 17 securities in its portfolio. The top 10 holdings constitute 94.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Yorkville America MANGOS Plus Index ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Yorkville America MANGOS Plus Index ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 100.2% 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). Yorkville America MANGOS Plus Index ETF has -0.3% of the portfolio in cash.

Assets Under Management

The fund has $2 million in total assets, which is below the $3 billion average for the Technology 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.

FRUT 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 Yorkville America MANGOS Plus Index ETF expense ratio is average compared to funds in the Technology category. Yorkville America MANGOS Plus Index ETF has an expense ratio of 0.50%, which is 9% 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. Yorkville America MANGOS Plus Index 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 42% for the Technology category.

Recently, in the month of September 2026, Yorkville America MANGOS Plus Index ETF returned 10.7%, which earned it a grade of A, as the Technology category had an average return of 3.1%. 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.

Yorkville America MANGOS Plus Index ETF has a trailing yield of 0.00%, which is below the 0.45% 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.

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