ETF Evaluator: JLens 500 Jewish Advocacy U.S. ETF () Follow This ETF

JLens 500 Jewish Advocacy U.S. ETF Overview

JLens 500 Jewish Advocacy U.S. ETF (TOV) is a passively managed U.S. Equity Large Blend exchange-traded fund (ETF). JLens launched the ETF in 2025.

The investment seeks to track the total return, before fees and expenses, of the JLens 500 Jewish Advocacy U.S. Index. The index is designed to provide exposure to large cap U.S. equity securities included in the VettaFi U.S. Equity Large-Cap 500 Index while maintaining alignment with JLens’ Jewish value pillars. Under normal circumstances, at least 80% of the net assets, plus borrowings for investment purposes, of the fund will be invested in securities that are principally traded in the United States.

About JLens 500 Jewish Advocacy U.S. ETF (TOV)

There are 2 members of the management team with an average tenure of 1.42 years: Richard Shaner (2025) and Joshua Russell (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: JLens 500 Jewish Advocacy US TR USD index with a weighting of 100%. JLens 500 Jewish Advocacy U.S. ETF has 500 securities in its portfolio. The top 10 holdings constitute 38.1% 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.

JLens 500 Jewish Advocacy U.S. ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. JLens 500 Jewish Advocacy U.S. ETF has 0.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.3% There is 0.5% 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). JLens 500 Jewish Advocacy U.S. ETF has 0.2% of the portfolio in cash.

Assets Under Management

The fund has $263 million in total assets, which is below the $13 billion average for the Large Blend 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.

TOV 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 JLens 500 Jewish Advocacy U.S. ETF expense ratio is low compared to funds in the Large Blend category. JLens 500 Jewish Advocacy U.S. ETF has an expense ratio of 0.18%, which is 57% lower than its category average, making the fund expense ratio grade a B. 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. JLens 500 Jewish Advocacy U.S. ETF has a portfolio turnover rate of 14%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 158% for the Large Blend category.

Recently, in the month of July 2026, JLens 500 Jewish Advocacy U.S. ETF returned -0.3%, which earned it a grade of C, as the Large Blend category had an average return of -0.8%. 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.

JLens 500 Jewish Advocacy U.S. ETF has a trailing yield of 0.85%, which is below the 1.16% 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.

JLens 500 Jewish Advocacy U.S. ETF Grades

Year to date, the ETF has returned 10.0%, 0.4 percentage points better than the category, which translates into a grade of C. The fund has returned 19.1% over the past year (grade of C).

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