ETF Evaluator:
Polen 5Perspectives Small-Mid Growth ETF ()
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(as of Aug 25)
Best Performing in Mid-Cap Growth Over the Last Year
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ETF Details
Polen 5Perspectives Small-Mid Growth ETF Overview
Polen 5Perspectives Small-Mid Growth ETF (PCSG) is an actively managed U.S. Equity Mid-Cap Growth exchange-traded fund (ETF). Polen Capital launched the ETF in 2026.
The investment seeks to achieve long-term growth of capital.
It typically invests in a portfolio of common stocks of small and mid-cap (often combined as “SMID”) companies and, under normal circumstances, the fund invests at least 80% of its net assets in securities of U.S. issuers that are small or mid-cap companies. The fund is non-diversified.
About Polen 5Perspectives Small-Mid Growth ETF (PCSG)
There are 1 members of the management team with an average tenure of 0.20 years: Andrew (Drew) Cupps (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
Polen 5Perspectives Small-Mid Growth ETF has 75 securities in its portfolio. The top 10 holdings constitute 30.4% 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.
Polen 5Perspectives Small-Mid Growth ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Polen 5Perspectives Small-Mid Growth ETF has 5.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 93.0% There is 5.9% 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). Polen 5Perspectives Small-Mid Growth ETF has 1.0% of the portfolio in cash.
Assets Under Management
The fund has $2 million in total assets, which is below the $1 billion average for the Mid-Cap 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.
PCSG 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 Polen 5Perspectives Small-Mid Growth ETF expense ratio is above average compared to funds in the Mid-Cap Growth category. Polen 5Perspectives Small-Mid Growth ETF has an expense ratio of 0.60%, which is 14% 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. Polen 5Perspectives Small-Mid 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 166% for the Mid-Cap Growth category.
Recently, in the month of July 2026, Polen 5Perspectives Small-Mid Growth ETF returned -14.6%, which earned it a grade of F, as the Mid-Cap Growth category had an average return of -6.0%. 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.
Polen 5Perspectives Small-Mid Growth ETF has a trailing yield of 0.00%, which is below the 0.41% 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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PCSG 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 |
|
| PCSG Return (NAV) | -14.6% | na | na | na | na | na |
| PCSG Return (Price) | -10.8% | na | na | na | na | na |
| NAV +/- Price Return | -3.843% | na | na | na | na | na |
| Mid-Cap Growth Avg | -6.0% | 2.2% | 13.8% | 14.5% | 4.1% | 11.9% |
| PCSG Grade (NAV) | F | na | na | na | na | na |
| +/- Category (NAV) | -8.6% | na | na | na | na | na |
| PCSG Tax-Cost Ratio | na | na | na | na | na | na |
PCSG Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PCSG Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| PCSG 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 |
| Mid-Cap Growth Avg | 9.5% | 11.5% | 20.5% | 23.6% | -30.6% | 9.4% | 50.3% | 29.2% | -8.2% | 29.5% | 7.9% |
| PCSG 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: | $ 3 Mil |
| Share Class Assets: | $ 3 Mil |
| Turnover: | na |
| Expense Ratio: | 0.60% |
| 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: 0.2 years | |||
| Average Tenure: 0.2 years | |||
| Managers (Year): Cupps Andrew (Drew) (2026) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 75 |
| % in Top 10 Holdings: | 30.4% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 5.9% |
Portfolio Allocation |
|
| Domestic Stock: | 93.0% |
| Foreign Stock: | 5.9% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Polen Capital |
| Phone Number: | 888-426-7515 |
| Website: | www.tobam.fr |
| Inception Date: | May 18, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.60% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.53% |
