ETF Evaluator:
Yorkville America2XLongMANGOPlsDlyTrgETF (MNGZ)
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(as of )
Best Performing in Trading--Leveraged Equity Over the Last Year
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ETF Details
Yorkville America2XLongMANGOPlsDlyTrgETF Overview
Yorkville America2XLongMANGOPlsDlyTrgETF (MNGZ) is an actively managed Miscellaneous Trading--Leveraged Equity exchange-traded fund (ETF). Yorkville America Equities, LLC launched the ETF in 2026.
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of MANGOS Plus ETF.
The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments that are designed to provide, in the aggregate, 200% exposure to the price performance of MANGOS Plus ETF on a daily basis. It is non-diversified.
About Yorkville America2XLongMANGOPlsDlyTrgETF (MNGZ)
There are 2 members of the management team with an average tenure of 0.04 years: Andrew (Andy) Hicks (2026) and Christopher Mullen (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
Yorkville America2XLongMANGOPlsDlyTrgETF has securities in its portfolio. The top 10 holdings constitute 0.0% 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 America2XLongMANGOPlsDlyTrgETF is part of the Other global asset class and is within the Miscellaneous ETF group. Yorkville America2XLongMANGOPlsDlyTrgETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% 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). Yorkville America2XLongMANGOPlsDlyTrgETF has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $556 million in total assets, which is below the $290 million average for the Trading--Leveraged Equity 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.
MNGZ 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 America2XLongMANGOPlsDlyTrgETF expense ratio is high compared to funds in the Trading--Leveraged Equity category. Yorkville America2XLongMANGOPlsDlyTrgETF has an expense ratio of 0.90%, which is 6% 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 America2XLongMANGOPlsDlyTrgETF 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 3304% for the Trading--Leveraged Equity category.
Recently, in the month of September 2026, Yorkville America2XLongMANGOPlsDlyTrgETF returned 0.0%, which earned it a grade of NA, as the Trading--Leveraged Equity category had an average return of -0.0%. 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 America2XLongMANGOPlsDlyTrgETF has a trailing yield of 0.00%, which is below the 5.75% category average.
The fund normally distributes its income annually 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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MNGZ Trailing NAV Total Returns Data as of 9/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| MNGZ Return (NAV) | na | na | na | na | na | na |
| MNGZ Return (Price) | na | na | na | na | na | na |
| NAV +/- Price Return | na | na | na | na | na | na |
| Trading--Leveraged Equity Avg | -0.0% | -12.6% | 22.6% | 26.9% | 6.4% | 9.0% |
| MNGZ Grade (NAV) | na | na | na | na | na | na |
| +/- Category (NAV) | na | na | na | na | na | na |
| MNGZ Tax-Cost Ratio | na | na | na | na | na | na |
MNGZ Annual NAV Total ReturnsData as of 9/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| MNGZ Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| MNGZ Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Trading--Leveraged Equity Avg | 16.6% | 42.7% | 29.7% | 64.7% | -37.0% | 45.0% | 6.2% | 64.1% | -31.9% | 61.0% | 29.3% |
| MNGZ Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | 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: | -- |
| Total Assets: | $ 1 Mil |
| Share Class Assets: | $ 1 Mil |
| Turnover: | na |
| Expense Ratio: | 0.90% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | Yes |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 0.0 years | |||
| Average Tenure: 0.0 years | |||
| Managers (Year): Hicks Andrew (Andy) (2026), Mullen Christopher (2026) | |||
Portfolio Composition (as of )
| # of Holdings: | |
| % in Top 10 Holdings: | 0.0% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Yorkville America Equities, LLC |
| Phone Number: | 201-985-8300 |
| Website: | https://www.truthsocialfunds.com/ |
| Inception Date: | September 16, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.90% (Rating: High) |
| Category Average Expense Ratio (%): | 0.96% |
