Applied Finance IVS US SMID ETFIVSS

Applied FinanceUS Stock StylesLarge Cap#94 of 701 by YTD

$30.81

+1.7% last session

+22.2% YTD

Data as of 11/4/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Oct 6, 2026 – Nov 4, 2026IVSSS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+1.7%	+4.7%	−0.3%	+22.2%	—	—	—	+22.2%
Peer average	+1.1%	−1.2%	−0.5%	+12.3%	+13.1%	+76.8%	+60.9%	—
S&P 500 · VOO	+1.6%	−1.6%	0.0%	+13.4%	+13.5%	+91.7%	+81.2%	—

Key Statistics

Open all fund facts →

AUM: $31M
Expense ratio: 0.59%
Distribution yield: 0.1%
NAV: $30.55
Volume: 4K
Avg. volume 30D: 5K
High today: $30.95
Low today: $30.78
Previous close: $30.29
52-week high: $31.38
52-week low: $25.05
Our risk indicator: 4/5

IVSS in One Breath

IVSS Among Large Cap ETFs

YTD

#1NRGUREX Microsectors+191.2%$96.0M

#2RSSYReturn Stacked+33.6%$101M

#3SMRIBushido+33.5%$703M

#4MAKXProShares+33.0%$4.9M

#5FLOWGlobal X+31.0%$36.5M

#6CSDInvesco+30.0%$209M

#7LSAFLeader Shares+29.9%$133M

#8EKGFirst Trust+29.2%$9.4M

#26IVSSApplied Finance+22.2%$30.5M

End-of-day Nov 5, 2026 · 263 Large cap ETFs by YTD

$10,000 in IVSS

$10,000 in IVSS became

$12,216

In the S&P 500 (VOO)

$11,329

Total return, dividends in · Dec 4, 2025 – Nov 4, 2026 · S&P 500 uses VOO

IVSS’s Top Holdings

Today

HQYHealthequity1.7%IDCC1.6%PJT1.5%DAVE1.5%SWX1.4%OTTR1.3%BTSG1.2%INDV1.2%SEZL1.2%MCY1.2%ACIW1.1%FTDR1.1%TNET1.1%SM1.1%LNTH1.1%SKT1.1%HURN0.9%AMRX0.9%KNTK0.9%STGW0.9%MMS0.9%OPCH0.9%

HQYHealthequity1.7%IDCC1.6%PJT1.5%DAVE1.5%SWX1.4%OTTR1.3%BTSG1.2%INDV1.2%SEZL1.2%MCY1.2%ACIW1.1%FTDR1.1%

TechnologyIndustrialsHealthcareFinancial ServicesConsumer CyclicalEnergyOther

Applied Finance IVSS · 0 holdings · tile size = share of the fund · as of Nov 4, 2026

What IVSS Holds

Today

Technology19.1%

IDCC 1.6 · DAVE 1.5 · ACIW 1.1 · DLO · PRGS · BLKB · QLYS

Industrials16.3%

OTTR 1.3 · TNET 1.1 · HURN · MMS · MATX · STNG · VVX

Healthcare15.1%

HQY 1.7 · BTSG 1.2 · INDV 1.2 · LNTH 1.1 · AMRX · OPCH · PACS

Financial Services14.4%

PJT 1.5 · SEZL 1.2 · MCY 1.2 · JXN · TBBK · HG · HCI

Consumer Cyclical10.2%

FTDR 1.1 · ATMU · EAT · RRR · ANF · HGV · IBP

Energy8.6%

SM 1.1 · KNTK · VAL · TDW · CRGY · CNX · MGY

Basic Materials4.3%

GFF · CMC

Applied Finance IVSS · share of the fund by sector · as of Nov 4, 2026

Healthequity’s Share of IVSS

Today

1.7%

$17 of every $1,000 in IVSS is Healthequity

Healthequity held by IVSS

$517K

Most Healthequity per dollar

TMFS4.7%

TMFM4.7%

FFLS2.9%

SMCO2.7%

Applied Finance IVSS · each square = $10 of $1,000 · as of Nov 4, 2026

IVSS’s Share of Large Cap ETFs

Today

0.0%

of the $850B in 307 Large cap ETFs

IVSS$30.5M0.0%

DFAC$87.6B10.3%

IWB$47.8B5.6%

304 others$715B84.1%

Large cap ETF AUM · Nov 5, 2026

IVSS Fee per $100 vs Peers

Today

$0.59a year
per $100

$59 a year on $10,000

SCHB$0.03

IWB$0.15

DIA$0.16

DCOR$0.17

DFAC$0.21

IVSS$0.59

Expense ratio · Large cap peers · Nov 5, 2026

Inside IVSS

as of Nov 4, 2026

IVSS

Applied Finance IVS US SMID ETF

Today

#	Ticker	Company	Weight ▼
1	HQY	Healthequity	1.69%
2	IDCC	Interdigital	1.57%
3	PJT	PJT Partners - A	1.53%
4	DAVE	DAVE	1.50%
5	SWX	Southwest GAS 1	1.42%
6	OTTR	Otter Tail	1.29%
7	BTSG	Brightspring Hlth Services	1.23%
8	INDV	Indivior Pharmaceuticals	1.22%
9	SEZL	Sezzle	1.20%
10	MCY	Mercury General	1.18%

TechnologyIndustrialsHealthcareFinancial ServicesConsumer CyclicalEnergyBasic MaterialsConsumer DefensiveReal EstateCommunication ServicesUtilities

Applied Finance IVSS · current holdings by weight · as of Nov 4, 2026 · each tile is one holding · top 20 = 24.1%

How It Compares

IVSS

Applied Finance IVS US SMID ETF’s Peers

YTD


DFAC	DimensionalRead Desk	0.21%	+15.8%	+17.7%	$87.6B
IWB	iSharesRead Desk	0.15%	+13.0%	+13.2%	$47.8B
DIA	SPDRRead Desk	0.16%	+12.2%	+14.2%	$45.1B
DCOR	DimensionalRead Desk	0.17%	+15.9%	+17.4%	$45.0B
SCHB	SchwabRead Desk	0.03%	+13.3%	+13.3%	$44.0B
IVSS	Applied FinanceThis fundRead Desk	0.59%	+22.2%	new	$31M

Large cap peers · YTD and past-year returns · as of Nov 5, 2026 · sorted by AUM

Head to Head

Put IVSS head to head with DFAC →

DFAC vs IVSS

YTD

DFACDimensional · Large capIVSSApplied Finance · Large cap

Year to date

+15.8%

+22.2%

IVSS wins+6.4 pts

Past year

+17.7%

[…]

Level

Fee

0.21%

0.59%

DFAC winslower fee

Yield

0.9%

0.1%

DFAC wins+0.8 pts

AUM

$87.6B

$30.5M

DFAC2866.9× more

2–1DFAC wins

Dimensional DFAC and Applied Finance IVSS · year-to-date · as of Nov 5, 2026 · AUM not scored

IVSS vs VOO

YTD

IVSS · Applied Finance IVS US SMID

+22.2%

VOO · S&P 500

+13.4%

Gap

8.8 pts

Applied Finance IVSS and Vanguard VOO · YTD total return · as of Nov 5, 2026

IVSS vs Its Peer Average

YTD

IVSSAvsBPeer average

1D+1.7%+1.1%

1M+4.7%−1.2%

3M−0.3%−0.5%

YTD+22.2%+12.3%

1Y[…]+13.1%

3Y[…]+76.8%

5Y[…]+60.9%

4–0IVSS wins

306 Large cap peers · each row scaled to its leader

The Details

IVSS

Risk

4/5our risk indicator

CalmerBumpier

Volatility · 1Y[…]

Deepest drop · 1Y[…]

Lowest point · 5Y−0.6%

52-week range

$30.81

$25.05−1.8% from the high$31.38

Applied Finance IVSS · past-year price moves · as of Nov 5, 2026

IVSS

Fund Facts

Today

2025launched Dec 3

Tracks[…]

Exchange · CUSIPNASDAQ · 26923W108

StructureETF

Leverage1x

Cost on $10,000$59 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Applied Finance IVSS · fund facts · as of Nov 5, 2026

IVSS

Payouts by Year

$0.0185per share, Dec 2025

Distribution yield0.1%

Paid[…]

Latest ex-date · paidDec 24 · Dec 26, 2025

1 payouts added up$0.0185 a share

Applied Finance IVSS · distributions by ex-date · 2025–2025

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-06-30 ↗SEC reported portfolio · 2026-03-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-12-31 ↗summary prospectus · SEC 497K ↗

Trading & Liquidity

Net asset value$30.55

Premium / discount[…]

Median spread · 30D[…]

Volume today4K

Average volume · 30D5K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.59%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$59.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Dec 24, 2025	Dec 26, 2025	$0.0185

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