Fund Evaluator:
Militia Long/Short Equity ETF (ORR)
Follow This Fund
Equity
Global Asset Class
Nontraditional Equity
Fund Group
Long-Short Equity
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
10.91% F
Expense Ratio
$354 Mil
Assets
Open
Status
na
12b-1 Fee
0.00%
TTM Yield
0.00%
Max Load
73%
Portfolio Turnover
Best Performing in Long-Short Equity Over the Last Year
| 37.0% | Boston Partners Long/Short Equity Inv (BPLEX) |
| 20.5% | ABR 50/50 Volatility Investor (ABRJX) |
| 17.4% | Gator Capital L/S Fd (GATRX) |
| 16.6% | ABR 75/25 Volatility Investor (VOLJX) |
| 16.0% | Boston Partners Long/Short Rsrch Inv (BPRRX) |
Data as of 7/31/2026
6.5% A
1-Mo Return
7.4% A
3-Mo Return
14.2% A
YTD Return
29.1% A
1-Yr Return
na
3-Yr Return
na
5-Yr Return
na
Category Risk Index
na
Total Risk Index
Fund Details
Fund Family
Militia Investments, LLC
Inception Date
1/14/2025
Share Class Type
Equity Investment Style
Mid-Cap
Blend
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
N/A: 100%
Additional Fund Details
Militia Long/Short Equity ETF Overview
ORR 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 |
|
| ORR Return (NAV) | 6.5% | 7.4% | 29.1% | na | na | na |
| ORR Grade | A | A | A | na | na | na |
| +/- Category | 3.9% | 3.9% | 15.0% | na | na | na |
| Long-Short Equity Avg | 2.6% | 3.6% | 14.1% | 11.9% | 8.8% | 7.9% |
| ORR Tax Cost Ratio | na | na | 0.0% | na | na | na |
ORR Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ORR Return (NAV) | 14.2% | na | na | na | na | na | na | na | na | na | na |
| ORR Grade | A | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 6.7% | na | na | na | na | na | na | na | na | na | na |
| Long-Short Equity Avg | 7.5% | 11.4% | 13.4% | 13.0% | -3.8% | 21.2% | 5.8% | 13.3% | -7.9% | 11.6% | 7.3% |
| Risk Measures | |
| Standard Deviation: | na |
| Total Risk Index: | na |
| Category Risk Index: | na |
| Category Risk Grade: | |
| Beta: | na |
| R-Squared: | na |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $354 Mil |
| Fund Total Assets: | $ 354 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 73% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 1.5 years | |||
| Average Tenure: 1.5 years | |||
| Managers (Year): Orr David (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 193 |
| % in Top 10 Holdings: | 78.8% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 79.0% |
Portfolio Allocation |
|
| Domestic Stock: | -5.9% |
| Foreign Stock: | 79.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 31.6% |
| Cash: | -4.7% |
Purchase Information
| Fund Family: | Militia Investments, LLC |
| Phone Number: | 215-330-4476 |
| Website: | www.valueshares.com |
| Status: | Open |
| Inception Date: | January 14, 2025 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 10.91% ( Rating : High ) |
| Category Average Expense Ratio (%): | 2.19% |
| Share Class: | Militia Long/Short Equity ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
Copyright 2026 American Association of Individual Investors and Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.