ETF Evaluator:
FINQ Dllr Netrl U.S. Lrg Cap AI-MgdEqETF ()
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(as of Aug 26)
Best Performing in Long-Short Equity Over the Last Year
| 42.4% | Convergence Long/Short Equity ETF (CLSE) |
| 29.1% | Militia Long/Short Equity ETF (ORR) |
| 28.5% | Unlimited HFEQ Equity Long/Short ETF (HFEQ) |
| 25.5% | Harbor Long-Short Equity ETF (LSEQ) |
| 16.2% | Efficient Market Portfolio Plus ETF (EMPB) |
Risk
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Risk
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ETF Details
FINQ Dllr Netrl U.S. Lrg Cap AI-MgdEqETF Overview
FINQ Dllr Netrl U.S. Lrg Cap AI-MgdEqETF (AINT) is an actively managed Nontraditional Equity Long-Short Equity exchange-traded fund (ETF). Tidal Investments LLC launched the ETF in 2026.
The investment seeks long-term capital appreciation and to achieve absolute returns.
The fund, an actively-managed exchange-traded fund (“ETF”), seeks to achieve its investment objective by generating absolute returns through a dollar-neutral investing approach. This approach involves taking long (buy) and short (sell) positions in equity securities of U.S. large-cap companies. The fund defines a large-cap company to be any company that is included in the S&P 500® Index (the “Index”). It is non-diversified.
About FINQ Dllr Netrl U.S. Lrg Cap AI-MgdEqETF (AINT)
There are 3 members of the management team with an average tenure of 0.45 years: Charles Ragauss (2026), Dan Solomon (2026) and Eran Shoshani (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
FINQ Dllr Netrl U.S. Lrg Cap AI-MgdEqETF has 25 securities in its portfolio. The top 10 holdings constitute 108.8% 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.
FINQ Dllr Netrl U.S. Lrg Cap AI-MgdEqETF is part of the Equity global asset class and is within the Nontraditional Equity ETF group. FINQ Dllr Netrl U.S. Lrg Cap AI-MgdEqETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 2.5% 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). FINQ Dllr Netrl U.S. Lrg Cap AI-MgdEqETF has 19.4% of the portfolio in cash.
Assets Under Management
The fund has $6 million in total assets, which is below the $320 million average for the Long-Short 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.
AINT 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 FINQ Dllr Netrl U.S. Lrg Cap AI-MgdEqETF expense ratio is high compared to funds in the Long-Short Equity category. FINQ Dllr Netrl U.S. Lrg Cap AI-MgdEqETF has an expense ratio of 1.25%, which is 32% lower than its category average, making the fund expense ratio grade a C. 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. FINQ Dllr Netrl U.S. Lrg Cap AI-MgdEqETF 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 157% for the Long-Short Equity category.
Recently, in the month of July 2026, FINQ Dllr Netrl U.S. Lrg Cap AI-MgdEqETF returned 2.7%, which earned it a grade of B, as the Long-Short 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.
FINQ Dllr Netrl U.S. Lrg Cap AI-MgdEqETF has a trailing yield of 0.00%, which is below the 1.17% 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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AINT 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 |
|
| AINT Return (NAV) | 2.7% | 7.4% | na | na | na | na |
| AINT Return (Price) | 2.7% | 8.0% | na | na | na | na |
| NAV +/- Price Return | 0.021% | -0.579% | na | na | na | na |
| Long-Short Equity Avg | -0.0% | 3.1% | 14.5% | 14.1% | 7.8% | 12.2% |
| AINT Grade (NAV) | B | B | na | na | na | na |
| +/- Category (NAV) | 2.8% | 4.3% | na | na | na | na |
| AINT Tax-Cost Ratio | na | na | na | na | na | na |
AINT Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| AINT Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| AINT 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 |
| Long-Short Equity Avg | 8.3% | 8.4% | 17.1% | 13.7% | -9.2% | 8.7% | 28.9% | 15.9% | 0.1% | 15.9% | 9.6% |
| AINT 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: | $ 7 Mil |
| Share Class Assets: | $ 7 Mil |
| Turnover: | na |
| Expense Ratio: | 1.25% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 0.5 years | |||
| Average Tenure: 0.5 years | |||
| Managers (Year): Ragauss Charles (2026), Solomon Dan (2026), Shoshani Eran (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 25 |
| % in Top 10 Holdings: | 108.8% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 2.5% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 78.1% |
| Cash: | 19.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Tidal Investments LLC |
| Phone Number: | 866-533-5565 |
| Website: | |
| Inception Date: | February 5, 2026 |
Expenses and Fees
| Expense Ratio (%): | 1.25% (Rating: High) |
| Category Average Expense Ratio (%): | 1.83% |
