ETF Evaluator:
Eventide Large Cap Value ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Large Value Over the Last Year
| 72.4% | iShares MSCI USA Value Factor ETF (VLUE) |
| 39.0% | SEI QiM U.S. Lrg Cap Value Actv ETF (SEIV) |
| 34.8% | LSV Disciplined Value ETF (LSVD) |
| 34.7% | iShares Core Dividend ETF (DIVB) |
| 34.4% | Avantis US Large Cap Value ETF (AVLV) |
Risk
Index
Risk
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ETF Details
Eventide Large Cap Value ETF Overview
Eventide Large Cap Value ETF (ESLV) is an actively managed U.S. Equity Large Value exchange-traded fund (ETF). Eventide Funds launched the ETF in 2025.
The investment seeks long-term capital appreciation.
Under normal market conditions, the fund invests at least 80% of its net assets (plus the amount of borrowings for investment purposes) in the securities of large cap companies, which the fund's managers consider to be companies with a market capitalization of $20 billion or greater.
About Eventide Large Cap Value ETF (ESLV)
There are 2 members of the management team with an average tenure of 0.84 years: Christopher Grogan (2025) and Tyler Frugia (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: Bloomberg US 1000 Val TR USD index with a weighting of 100%. Eventide Large Cap Value ETF has 120 securities in its portfolio. The top 10 holdings constitute 27.1% 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.
Eventide Large Cap Value ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Eventide Large Cap Value ETF has 4.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 95.9% There is 4.1% 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). Eventide Large Cap Value ETF has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $13 million in total assets, which is below the $5 billion average for the Large 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.
ESLV 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 Eventide Large Cap Value ETF expense ratio is below average compared to funds in the Large Value category. Eventide Large Cap Value ETF has an expense ratio of 0.39%, which is 4% higher 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. Eventide Large Cap Value ETF has a portfolio turnover rate of 22%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 40% for the Large Value category.
Recently, in the month of July 2026, Eventide Large Cap Value ETF returned -0.2%, which earned it a grade of F, as the Large Value category had an average return of 2.4%. 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.
Eventide Large Cap Value ETF has a trailing yield of 0.00%, which is below the 1.70% category average.
The fund normally distributes its income quarterly 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.
Eventide Large Cap Value ETF Grades
Year to date, the ETF has returned 13.5%, 0.9 percentage points worse than the category, which translates into a grade of C.
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ESLV 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 |
|
| ESLV Return (NAV) | -0.2% | 4.8% | na | na | na | na |
| ESLV Return (Price) | -0.1% | 4.9% | na | na | na | na |
| NAV +/- Price Return | -0.110% | -0.076% | na | na | na | na |
| Large Value Avg | 2.4% | 5.9% | 24.1% | 16.3% | 11.3% | 12.1% |
| ESLV Grade (NAV) | F | D | na | na | na | na |
| +/- Category (NAV) | -2.6% | -1.1% | na | na | na | na |
| ESLV Tax-Cost Ratio | na | na | na | na | na | na |
ESLV Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ESLV Return (NAV) | 13.5% | na | na | na | na | na | na | na | na | na | na |
| ESLV Return (Price) | 13.5% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.005% | na | na | na | na | na | na | na | na | na | na |
| Large Value Avg | 14.4% | 14.8% | 15.5% | 13.1% | -6.5% | 26.7% | 5.4% | 27.4% | -6.6% | 17.7% | 15.7% |
| ESLV Grade (NAV) | C | na | na | na | na | na | na | na | na | na | na |
| +/- Category | -0.9% | 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: | $ 14 Mil |
| Share Class Assets: | $ 14 Mil |
| Turnover: | 22.0% |
| Expense Ratio: | 0.39% |
| Index Fund: | No |
| Index Tracked: | Bloomberg US 1000 Val TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 0.8 years | |||
| Average Tenure: 0.8 years | |||
| Managers (Year): Grogan Christopher (2025), Frugia Tyler (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 120 |
| % in Top 10 Holdings: | 27.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 4.1% |
Portfolio Allocation |
|
| Domestic Stock: | 95.9% |
| Foreign Stock: | 4.1% |
| 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: | Eventide Funds |
| Phone Number: | 877-771-3836 |
| Website: | https://www.eventideinvestments.com/etfs |
| Inception Date: | September 29, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.39% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.37% |
