ETF Evaluator:
Tremblant Global ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Global Large-Stock Growth Over the Last Year
| 36.6% | AB Disruptors ETF (FWD) |
| 31.0% | AAM Transformers ETF (TRFM) |
| 27.1% | NYLI Global Equity R&D Leaders ETF (WRND) |
| 24.4% | Capital Group Global Growth Equity ETF (CGGO) |
| 22.4% | Fidelity Disruptive Automation ETF (FBOT) |
Risk
Index
Risk
Index
ETF Details
Tremblant Global ETF Overview
Tremblant Global ETF (TOGA) is an actively managed International Equity Global Large-Stock Growth exchange-traded fund (ETF). Tremblant Advisors LP launched the ETF in 2024.
The investment seeks long-term capital appreciation.
Under normal conditions, the fund will invest: (1) at least 40% (unless market conditions are not deemed favorable, in which case at least 30%) of its net assets in investments that are economically tied to, or located in, countries or regions other than the United States; and (2) in investments that are economically tied to, or located in, at least three different countries, including the United States.
About Tremblant Global ETF (TOGA)
There are 1 members of the management team with an average tenure of 2.25 years: Brett Barakett (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Morningstar DM GR USD index with a weighting of 100% and Morningstar Gbl Mid Cap TME TR USD index with a weighting of 100%. Tremblant Global ETF has 31 securities in its portfolio. The top 10 holdings constitute 45.0% 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.
Tremblant Global ETF is part of the Equity global asset class and is within the International Equity ETF group. Tremblant Global ETF has 16.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 83.1% There is 16.0% 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). Tremblant Global ETF has 0.6% of the portfolio in cash.
Assets Under Management
The fund has $173 million in total assets, which is below the $1 billion average for the Global Large-Stock 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.
TOGA 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 Tremblant Global ETF expense ratio is above average compared to funds in the Global Large-Stock Growth category. Tremblant Global ETF has an expense ratio of 0.69%, which is 11% 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. Tremblant Global ETF has a portfolio turnover rate of 26%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 69% for the Global Large-Stock Growth category.
Recently, in the month of July 2026, Tremblant Global ETF returned -3.8%, which earned it a grade of D, as the Global Large-Stock Growth category had an average return of -2.7%. 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.
Tremblant Global ETF has a trailing yield of 0.00%, which is below the 0.27% 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.
Tremblant Global ETF Grades
Year to date, the ETF has returned -12.5%, 16.7 percentage points worse than the category, which translates into a grade of F. The fund has returned -12.5% over the past year (grade of F).
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TOGA 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 |
|
| TOGA Return (NAV) | -3.8% | 2.7% | -12.5% | na | na | na |
| TOGA Return (Price) | -3.5% | 2.8% | -12.6% | na | na | na |
| NAV +/- Price Return | -0.256% | -0.058% | 0.020% | na | na | na |
| Global Large-Stock Growth Avg | -2.7% | 2.1% | 8.9% | 16.9% | 0.0% | 12.8% |
| TOGA Grade (NAV) | D | C | F | na | na | na |
| +/- Category (NAV) | -1.1% | 0.6% | -21.4% | na | na | na |
| TOGA Tax-Cost Ratio | na | na | 0.0% | na | na | na |
TOGA Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| TOGA Return (NAV) | -12.5% | 14.3% | na | na | na | na | na | na | na | na | na |
| TOGA Return (Price) | -12.5% | 14.1% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.003% | -0.011% | na | na | na | na | na | na | na | na | na |
| Global Large-Stock Growth Avg | 4.2% | 17.3% | 19.0% | 32.9% | -39.1% | 3.0% | 68.9% | 32.4% | -2.6% | 42.3% | -0.6% |
| TOGA Grade (NAV) | F | D | na | na | na | na | na | na | na | na | na |
| +/- Category | -16.7% | -3.0% | 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: | 0.0% |
| Total Assets: | $ 174 Mil |
| Share Class Assets: | $ 174 Mil |
| Turnover: | 26.0% |
| Expense Ratio: | 0.69% |
| Index Fund: | No |
| Index Tracked: | Morningstar DM GR USD |
| 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: 2.3 years | |||
| Average Tenure: 2.3 years | |||
| Managers (Year): Barakett Brett (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 31 |
| % in Top 10 Holdings: | 45.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 16.0% |
Portfolio Allocation |
|
| Domestic Stock: | 83.1% |
| Foreign Stock: | 16.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.2% |
| Cash: | 0.6% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Tremblant Advisors LP |
| Phone Number: | 800-617-0004 |
| Website: | |
| Inception Date: | April 30, 2024 |
Expenses and Fees
| Expense Ratio (%): | 0.69% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.62% |
