ETF Evaluator:
Brookstone Opportunities ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Moderate Allocation Over the Last Year
| 29.1% | Adaptive Core ETF (RULE) |
| 21.3% | Monarch Volume Factor Dividend Tree ETF (MVFD) |
| 19.5% | Avantis Moderate Allocation ETF (AVMA) |
| 19.4% | Ned Davis Research 360 Dyn Allc ETF (NDAA) |
| 16.0% | SMI 3Fourteen REAL Asset Allocation ETF (RAA) |
Risk
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Risk
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ETF Details
Brookstone Opportunities ETF Overview
Brookstone Opportunities ETF (BAMO) is an actively managed Allocation Moderate Allocation exchange-traded fund (ETF). Brookstone Asset Management launched the ETF in 2023.
The investment seeks to provide total return.
The fund is an actively managed fund of funds that invests in unaffiliated exchange traded funds (“ETFs”) purchased in the secondary market that invest in foreign and domestic stocks of any market capitalization (including emerging markets), bonds (including junk bonds) and cash and cash equivalents, including leveraged ETFs, based on the adviser’s relative outlook for those asset classes.
About Brookstone Opportunities ETF (BAMO)
There are 5 members of the management team with an average tenure of 2.84 years: Mark DiOrio (2023), Dean Zayed (2023), Darryl Ronconi (2023), Alex Bobin (2023) and Matt Lovett (2023). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Dow Jones Moderate Portfolio TR USD index with a weighting of 100%. Brookstone Opportunities ETF has 6 securities in its portfolio. The top 10 holdings constitute 99.6% 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.
Brookstone Opportunities ETF is part of the Allocation global asset class and is within the Allocation ETF group. Brookstone Opportunities ETF has 0.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 62.5% There is 0.2% 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). Brookstone Opportunities ETF has 37.2% of the portfolio in cash.
Assets Under Management
The fund has $45 million in total assets, which is below the $411 million average for the Moderate Allocation 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.
BAMO 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 Brookstone Opportunities ETF expense ratio is high compared to funds in the Moderate Allocation category. Brookstone Opportunities ETF has an expense ratio of 1.06%, which is 11% higher than its category average, making the fund expense ratio grade a D. 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. Brookstone Opportunities 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 162% for the Moderate Allocation category.
Recently, in the month of July 2026, Brookstone Opportunities ETF returned 0.2%, which earned it a grade of B, as the Moderate Allocation category had an average return of -1.0%. 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.
Brookstone Opportunities ETF has a trailing yield of 1.45%, which is below the 2.36% 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.
Brookstone Opportunities ETF Grades
Year to date, the ETF has returned 6.4%, 1.0 percentage points worse than the category, which translates into a grade of C. The fund has returned 12.0% over the past year (grade of D).
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BAMO 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 |
|
| BAMO Return (NAV) | 0.2% | 3.1% | 12.0% | na | na | na |
| BAMO Return (Price) | 0.2% | 3.1% | 12.1% | na | na | na |
| NAV +/- Price Return | -0.001% | -0.060% | -0.090% | na | na | na |
| Moderate Allocation Avg | -1.0% | 1.5% | 13.8% | 10.7% | 4.9% | na |
| BAMO Grade (NAV) | B | A | D | na | na | na |
| +/- Category (NAV) | 1.2% | 1.6% | -1.8% | na | na | na |
| BAMO Tax-Cost Ratio | na | na | 0.6% | na | na | na |
BAMO Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| BAMO Return (NAV) | 6.4% | 9.1% | 14.4% | na | na | na | na | na | na | na | na |
| BAMO Return (Price) | 6.4% | 9.2% | 14.4% | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.001% | 0.008% | 0.001% | na | na | na | na | na | na | na | na |
| Moderate Allocation Avg | 7.4% | 10.4% | 12.0% | 10.2% | -14.7% | 13.8% | 11.5% | 18.3% | -7.5% | na | na |
| BAMO Grade (NAV) | C | D | B | na | na | na | na | na | na | na | na |
| +/- Category | -1.0% | -1.3% | 2.4% | 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: | 1.5% |
| Total Assets: | $ 46 Mil |
| Share Class Assets: | $ 46 Mil |
| Turnover: | 0.0% |
| Expense Ratio: | 1.06% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| 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: 2.8 years | |||
| Average Tenure: 2.8 years | |||
| Managers (Year): DiOrio Mark (2023), Zayed Dean (2023), Ronconi Darryl (2023), Bobin Alex (2023), Lovett Matt (2023) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 6 |
| % in Top 10 Holdings: | 99.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.2% |
Portfolio Allocation |
|
| Domestic Stock: | 62.5% |
| Foreign Stock: | 0.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 37.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Brookstone Asset Management |
| Phone Number: | 888-562-8880 |
| Website: | |
| Inception Date: | September 27, 2023 |
Expenses and Fees
| Expense Ratio (%): | 1.06% (Rating: High) |
| Category Average Expense Ratio (%): | 0.95% |
