ETF Evaluator:
Longview Advantage Fixed Income ETF ()
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(as of Aug 26)
Best Performing in Intermediate Core Bond Over the Last Year
| 7.3% | Aptus Enhanced Yield ETF (JUCY) |
| 6.6% | SGI Enhanced Core ETF (USDX) |
| 5.9% | Hartford Schroders Tax-Aware Bond ETF (HTAB) |
| 5.1% | Overlay Shares Core Bond ETF (OVB) |
| 4.8% | NEOS Enhanced Income Aggregate Bond ETF (BNDI) |
Risk
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Risk
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ETF Details
Longview Advantage Fixed Income ETF Overview
Longview Advantage Fixed Income ETF (LVIG) is an actively managed Taxable Bond Intermediate Core Bond exchange-traded fund (ETF). Longview Funds launched the ETF in 2026.
The investment seeks long-term capital appreciation.
The fund is an actively-managed exchange-traded fund (“ETF”). The fund is a “fund of funds,” meaning that it primarily invests its assets in the shares of unaffiliated underlying funds that are registered under the Investment Company Act of 1940, as amended (the “1940 Act”), rather than in securities of individual companies. The fund invests primarily in underlying funds that are ETFs and invest in a broad set of U.S. dollar-denominated investment grade fixed income securities.
About Longview Advantage Fixed Income ETF (LVIG)
There are 1 members of the management team with an average tenure of 0.39 years: Matthew Zenz (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
Longview Advantage Fixed Income ETF has 5 securities in its portfolio. The top 10 holdings constitute 100.0% 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.
Longview Advantage Fixed Income ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. Longview Advantage Fixed Income ETF has 11.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% 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 102.1% (91.0% domestic bond, 11.1% foreign bond and 0.0% convertible bond). Longview Advantage Fixed Income ETF has -2.0% of the portfolio in cash.
Assets Under Management
The fund has $120 million in total assets, which is below the $6 billion average for the Intermediate Core Bond 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.
LVIG 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 Longview Advantage Fixed Income ETF expense ratio is below average compared to funds in the Intermediate Core Bond category. Longview Advantage Fixed Income ETF has an expense ratio of 0.34%, which is 6% 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. Longview Advantage Fixed Income 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 95% for the Intermediate Core Bond category.
Recently, in the month of July 2026, Longview Advantage Fixed Income ETF returned -1.2%, which earned it a grade of A, as the Intermediate Core Bond 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.
Longview Advantage Fixed Income ETF has a trailing yield of 0.00%, which is below the 4.44% 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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LVIG 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 |
|
| LVIG Return (NAV) | -1.2% | -1.3% | na | na | na | na |
| LVIG Return (Price) | -1.2% | -1.3% | na | na | na | na |
| NAV +/- Price Return | 0.043% | 0.010% | na | na | na | na |
| Intermediate Core Bond Avg | -1.2% | -0.7% | 3.0% | 4.0% | -0.3% | 1.5% |
| LVIG Grade (NAV) | A | F | na | na | na | na |
| +/- Category (NAV) | 0.1% | -0.7% | na | na | na | na |
| LVIG Tax-Cost Ratio | na | na | na | na | na | na |
LVIG Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| LVIG Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| LVIG 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 |
| Intermediate Core Bond Avg | -0.4% | 7.1% | 1.9% | 6.0% | -13.2% | -1.5% | 7.6% | 9.1% | -0.5% | 3.7% | 3.0% |
| LVIG 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: | $ 120 Mil |
| Share Class Assets: | $ 120 Mil |
| Turnover: | na |
| Expense Ratio: | 0.34% |
| 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: 1 | |||
| Longest Tenure: 0.4 years | |||
| Average Tenure: 0.4 years | |||
| Managers (Year): Zenz Matthew (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 5 |
| % in Top 10 Holdings: | 100.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 11.1% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 91.0% |
| Foreign Bond: | 11.1% |
| Convertible Bond: | 0.0% |
| Other: | -0.0% |
| Cash: | -2.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Longview Funds |
| Phone Number: | 800-617-0004 |
| Website: | |
| Inception Date: | March 9, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.34% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.32% |
