ETF Evaluator: Euclidean Fundamental Value ETF () Follow This ETF

Euclidean Fundamental Value ETF Overview

Euclidean Fundamental Value ETF (ECML) is an actively managed U.S. Equity Small Value exchange-traded fund (ETF). Euclidean Technologies Management, LLC launched the ETF in 2023.

The investment seeks to provide long-term capital appreciation. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in U.S. equity securities that the sub-adviser believes are under-valued and under-appreciated by the market. The sub-adviser employs a quantitative and systematic approach to long-term investing. It is expected that the fund will generally hold 60 to 70 stocks that are selected from a universe that includes all publicly traded stocks listed on the New York Stock Exchange (“NYSE”) and the Nasdaq Market (“Nasdaq”).

About Euclidean Fundamental Value ETF (ECML)

There are 1 members of the management team with an average tenure of 3.21 years: John Alberg (2023). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. Euclidean Fundamental Value ETF has 63 securities in its portfolio. The top 10 holdings constitute 21.7% 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.

Euclidean Fundamental Value ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Euclidean Fundamental Value ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 98.5% 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). Euclidean Fundamental Value ETF has 1.5% of the portfolio in cash.

Assets Under Management

The fund has $125 million in total assets, which is below the $2 billion average for the Small Value 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.

ECML 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 Euclidean Fundamental Value ETF expense ratio is high compared to funds in the Small Value category. Euclidean Fundamental Value ETF has an expense ratio of 0.95%, which is 98% 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. Euclidean Fundamental Value 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 60% for the Small Value category.

Recently, in the month of July 2026, Euclidean Fundamental Value ETF returned 3.4%, which earned it a grade of A, as the Small Value category had an average return of 1.2%. 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.

Euclidean Fundamental Value ETF has a trailing yield of 1.15%, which is below the 1.71% 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.

Euclidean Fundamental Value ETF Grades

Year to date, the ETF has returned 19.8%, 0.1 percentage points better than the category, which translates into a grade of C. The fund has returned 30.9% over the past year (grade of C) and 12.1% over the past three years (grade of D).

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