ETF Evaluator:
Mango Growth ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Large Growth Over the Last Year
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ETF Details
Mango Growth ETF Overview
Mango Growth ETF (GARY) is an actively managed U.S. Equity Large Growth exchange-traded fund (ETF). Mango Growth ETF launched the ETF in 2025.
The investment seeks long-term capital appreciation.
The fund is an actively managed ETF. The fund seeks long-term capital appreciation by investing primarily in the common stock of companies that the fund manager believes have high growth characteristics. The fund manager considers a company to have high growth characteristics if it demonstrates consistently strong year-over-year growth across multiple fundamental and market-based metrics. These may include, but are not limited to, sustained increases in sales, earnings, and cash flows, as well as positive share price trends over a specified evaluation period. The fund is non-diversified.
About Mango Growth ETF (GARY)
There are 4 members of the management team with an average tenure of 0.61 years: Jeff Kilburg (2025), Daniel Deming (2025), Paul Savoie (2025) and John Hurford (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
Mango Growth ETF has 42 securities in its portfolio. The top 10 holdings constitute 44.2% 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.
Mango Growth ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Mango Growth ETF has 9.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 83.8% There is 9.1% 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). Mango Growth ETF has 5.5% of the portfolio in cash.
Assets Under Management
The fund has $279 million in total assets, which is below the $8 billion average for the Large Growth 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.
GARY 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 Mango Growth ETF expense ratio is above average compared to funds in the Large Growth category. Mango Growth ETF has an expense ratio of 0.77%, which is 56% 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. Mango Growth 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 74% for the Large Growth category.
Recently, in the month of July 2026, Mango Growth ETF returned -8.4%, which earned it a grade of F, as the Large Growth category had an average return of -3.8%. 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.
Mango Growth ETF has a trailing yield of 0.00%, which is below the 0.53% 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.
Mango Growth ETF Grades
Year to date, the ETF has returned 25.6%, 19.4 percentage points better than the category, which translates into a grade of A.
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GARY 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 |
|
| GARY Return (NAV) | -8.4% | 7.7% | na | na | na | na |
| GARY Return (Price) | -8.4% | 7.8% | na | na | na | na |
| NAV +/- Price Return | -0.012% | -0.076% | na | na | na | na |
| Large Growth Avg | -3.8% | 2.7% | 13.0% | 19.6% | 9.9% | 15.8% |
| GARY Grade (NAV) | F | A | na | na | na | na |
| +/- Category (NAV) | -4.6% | 5.0% | na | na | na | na |
| GARY Tax-Cost Ratio | na | na | na | na | na | na |
GARY Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GARY Return (NAV) | 25.6% | na | na | na | na | na | na | na | na | na | na |
| GARY Return (Price) | 25.7% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.004% | na | na | na | na | na | na | na | na | na | na |
| Large Growth Avg | 6.2% | 16.9% | 30.5% | 38.6% | -30.7% | 21.6% | 37.2% | 33.0% | -2.1% | 28.4% | 5.0% |
| GARY Grade (NAV) | A | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 19.4% | 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: | $ 279 Mil |
| Share Class Assets: | $ 279 Mil |
| Turnover: | na |
| Expense Ratio: | 0.77% |
| 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: 4 | |||
| Longest Tenure: 0.6 years | |||
| Average Tenure: 0.6 years | |||
| Managers (Year): Kilburg Jeff (2025), Deming Daniel (2025), Savoie Paul (2025), Hurford John (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 42 |
| % in Top 10 Holdings: | 44.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 9.1% |
Portfolio Allocation |
|
| Domestic Stock: | 83.8% |
| Foreign Stock: | 9.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 1.6% |
| Cash: | 5.5% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Mango Growth ETF |
| Phone Number: | 800-451-5493 |
| Website: | www.cipvt.com |
| Inception Date: | December 19, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.77% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.49% |
