ETF Evaluator:
VistaShares Trgt 15 ACKtivist Sel IncETF ()
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(as of Aug 26)
Best Performing in Large Blend Over the Last Year
| 62.5% | ARS Focused Opportunities Strategy ETF (AFOS) |
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| 33.9% | Impact Shares NAACP Minority Empwrmt ETF (NACP) |
| 31.8% | Astoria US Equal Weight Quality KingsETF (ROE) |
| 30.5% | FIS Bright Portfolios Focused Equity ETF (BRIF) |
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ETF Details
VistaShares Trgt 15 ACKtivist Sel IncETF Overview
VistaShares Trgt 15 ACKtivist Sel IncETF (ACKY) is an actively managed U.S. Equity Large Blend exchange-traded fund (ETF). VistaShares Advisors LLC launched the ETF in 2025.
The investment seeks income, and secondarily, long term capital appreciation.
The fund invests directly or indirectly in the equity securities that make up the index (“Underlying Securities”). The index is constructed by BITA GmbH (the “index provider”) using a rules-based methodology that identifies the top 20 U.S.-listed equity securities, to the extent available, as measured by their weight within Pershing Square’s portfolio, as publicly disclosed in its most recent most recent 13F filing, which generally will reflect Pershing Square’s holdings from the prior fiscal quarter. The fund is non-diversified.
About VistaShares Trgt 15 ACKtivist Sel IncETF (ACKY)
There are 5 members of the management team with an average tenure of 0.89 years: Scott Snyder (2025), Charles Ragauss (2025), Qiao Duan (2025), Christopher Mullen (2025) and Adam Patti (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: BITA VistaShares Activist Select TR USD index with a weighting of 100%. VistaShares Trgt 15 ACKtivist Sel IncETF has 46 securities in its portfolio. The top 10 holdings constitute 103.4% 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.
VistaShares Trgt 15 ACKtivist Sel IncETF is part of the Equity global asset class and is within the U.S. Equity ETF group. VistaShares Trgt 15 ACKtivist Sel IncETF has 11.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 23.5% There is 11.0% 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). VistaShares Trgt 15 ACKtivist Sel IncETF has 53.3% of the portfolio in cash.
Assets Under Management
The fund has $44 million in total assets, which is below the $13 billion average for the Large Blend 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.
ACKY 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 VistaShares Trgt 15 ACKtivist Sel IncETF expense ratio is high compared to funds in the Large Blend category. VistaShares Trgt 15 ACKtivist Sel IncETF has an expense ratio of 0.95%, which is 129% higher than its category average, making the fund expense ratio grade a F. 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. VistaShares Trgt 15 ACKtivist Sel IncETF 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 158% for the Large Blend category.
Recently, in the month of July 2026, VistaShares Trgt 15 ACKtivist Sel IncETF returned 3.2%, which earned it a grade of A, as the Large Blend category had an average return of -0.8%. 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.
VistaShares Trgt 15 ACKtivist Sel IncETF has a trailing yield of 0.00%, which is below the 1.16% 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.
VistaShares Trgt 15 ACKtivist Sel IncETF Grades
Year to date, the ETF has returned -1.9%, 11.4 percentage points worse than the category, which translates into a grade of F.
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ACKY Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ACKY Return (NAV) | 3.2% | -3.5% | na | na | na | na |
| ACKY Return (Price) | 3.0% | -3.5% | na | na | na | na |
| NAV +/- Price Return | 0.202% | -0.014% | na | na | na | na |
| Large Blend Avg | -0.8% | 3.7% | 17.5% | 17.4% | 11.2% | 13.6% |
| ACKY Grade (NAV) | A | F | na | na | na | na |
| +/- Category (NAV) | 4.0% | -7.2% | na | na | na | na |
| ACKY Tax-Cost Ratio | na | na | na | na | na | na |
ACKY Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ACKY Return (NAV) | -1.9% | na | na | na | na | na | na | na | na | na | na |
| ACKY Return (Price) | -2.1% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.114% | na | na | na | na | na | na | na | na | na | na |
| Large Blend Avg | 9.5% | 15.3% | 21.9% | 22.9% | -17.1% | 26.9% | 18.3% | 29.6% | -5.1% | 21.5% | 11.4% |
| ACKY Grade (NAV) | F | na | na | na | na | na | na | na | na | na | na |
| +/- Category | -11.4% | 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: | $ 45 Mil |
| Share Class Assets: | $ 45 Mil |
| Turnover: | na |
| Expense Ratio: | 0.95% |
| Index Fund: | No |
| Index Tracked: | BITA VistaShares Activist Select TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 0.9 years | |||
| Average Tenure: 0.9 years | |||
| Managers (Year): Snyder Scott (2025), Ragauss Charles (2025), Duan Qiao (2025), Mullen Christopher (2025), Patti Adam (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 46 |
| % in Top 10 Holdings: | 103.4% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 11.0% |
Portfolio Allocation |
|
| Domestic Stock: | 23.5% |
| Foreign Stock: | 11.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 12.3% |
| Cash: | 53.3% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | VistaShares Advisors LLC |
| Phone Number: | 844-875-2288 |
| Website: | |
| Inception Date: | September 8, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.95% (Rating: High) |
| Category Average Expense Ratio (%): | 0.41% |
