WarCap[…]
WarCap Unconstrained Equity ETFWCAP
| Returns | Today | 1W | 1M | 3M | YTD | 1Y | 3Y | 5Y | Max |
|---|---|---|---|---|---|---|---|---|---|
| Total return | +2.8% | +0.2% | −2.8% | −2.8% | −6.6% | −6.1% | — | — | −8.6% |
| S&P 500 · VOO | +2.3% | +0.1% | −3.3% | −2.1% | +11.3% | +13.6% | +81.6% | +75.4% | — |
WCAP in One Breath
WCAP Among Its Peers
End-of-day Nov 10, 2026 · 1 ETFs by YTD
$10,000 in WCAP
$10,000 in WCAP became
$9,143
In the S&P 500 (VOO)
$11,609
Total return, dividends in · Sep 11, 2025 – Nov 9, 2026 · S&P 500 uses VOO
WCAP’s Top Holdings
TodayGOOGLAlphabet5.9%MSFT5.4%AMZN5.4%BNY5.0%NVDA4.9%AAPL4.8%COST4.1%BRK-B3.5%JNJ3.3%BLK3.2%META3.2%AVGO3.2%UNP2.9%JPM2.9%HOOD2.8%TSLA2.8%AMGN2.7%PLTR2.7%ASML2.5%LMT2.5%SPCX2.3%LLY2.3%11 more
GOOGL5.9%MSFT5.4%AMZN5.4%BNY5.0%NVDA4.9%AAPL4.8%COST4.1%BRK-B3.5%JNJ3.3%BLK3.2%META3.2%AVGO3.2%21 more
TechnologyFinancial ServicesCommunication ServicesIndustrialsHealthcareConsumer CyclicalOther
WarCap WCAP · 33 holdings · tile size = share of the fund · as of Nov 9, 2026
What WCAP Holds
TodayTechnology32.0%
MSFT 5.4 · NVDA 4.9 · AAPL 4.8 · AVGO 3.2 · PLTR 2.7 · ASML 2.5 · PANW 2.1
Financial Services24.3%
BNY 5.0 · BRK-B 3.5 · BLK 3.2 · JPM 2.9 · HOOD 2.8 · GS 2.2 · AXP 2.2
Communication Services13.4%
GOOGL 5.9 · META 3.2 · LYV 2.2 · SPOT 1.5
Industrials9.7%
UNP 2.9 · LMT 2.5 · SPCX 2.3 · CAT 1.9
Healthcare9.3%
JNJ 3.3 · AMGN 2.7 · LLY 2.3 · MRK 1.0
Consumer Cyclical8.4%
AMZN 5.4 · TSLA 2.8
Consumer Defensive4.3%
COST 4.1
WarCap WCAP · share of the fund by sector · as of Nov 9, 2026
Alphabet’s Share of WCAP
Today5.9%
$59 of every $1,000 in WCAP is Alphabet
Alphabet held by WCAP
$3.5M
WarCap WCAP · each square = $10 of $1,000 · as of Nov 9, 2026
WCAP’s Size vs Its Peers
Today$58.7Mthe largest ETF
AUM · WCAP and the 0 largest peers · Nov 10, 2026
WCAP Fee per $100 vs Peers
TodayExpense ratio · peers · Nov 10, 2026
Inside WCAP
33 holdings · as of Nov 9, 2026WCAP
WarCap Unconstrained Equity ETF
TodayTechnology32.0%MSFT5.4%NVDA4.9%AAPL4.8%AVGO3.2%PLTR2.7%ASML2.5%PANWCRWDMUARMFinancial Services24.3%BNY5.0%BRK-B3.5%BLK3.2%JPM2.9%HOOD2.8%GS2.2%AXP2.2%MSCommunication Services13.4%GOOGL5.9%META3.2%LYVSPOTIndustrials9.7%UNP2.9%LMTSPCX2.3%CATHealthcare9.3%JNJ3.3%AMGNLLYMRKConsumer Cyclical8.4%AMZN5.4%TSLAConsumer Defensive4.3%COST
| # | Ticker | Company | Weight ▼ |
|---|---|---|---|
| 1 | GOOGL | Alphabet | 5.94% |
| 2 | MSFT | Microsoft | 5.42% |
| 3 | AMZN | Amazon | 5.37% |
| 4 | BNY | Bank of New York Mellon | 5.03% |
| 5 | NVDA | Nvidia | 4.86% |
| 6 | AAPL | Apple | 4.76% |
| 7 | COST | Costco Wholesale | 4.05% |
| 8 | BRK-B | Berkshire Hathaway | 3.47% |
| 9 | JNJ | Johnson & Johnson ORD | 3.28% |
| 10 | BLK | Blackrock ORD | 3.23% |
TechnologyFinancial ServicesCommunication ServicesIndustrialsHealthcareConsumer CyclicalConsumer Defensive
WarCap WCAP · current holdings by weight · as of Nov 9, 2026 · each tile is one holding · top 20 = 73.6%
All WCAP Holdings
34 holdings · as of Nov 9, 2026WCAP
WCAP’s Holdings
Today| # | ||||||
|---|---|---|---|---|---|---|
| 1 | GOOGLAlphabet | Communication Services | 5.94% | $594.34 | 12K | $3.4M |
| 2 | MSFTMicrosoft | Technology | 5.42% | $542.36 | 5,838 | $3.1M |
| 3 | AMZNAmazon | Consumer Cyclical | 5.37% | $536.89 | 12K | $3.1M |
| 4 | BNYBank of New York Mellon | Financial Services | 5.03% | $503.30 | 19K | $2.9M |
| 5 | NVDANvidia | Technology | 4.86% | $486.41 | 15K | $2.8M |
| 6 | AAPLApple | Technology | 4.76% | $475.95 | 7,940 | $2.7M |
| 7 | COSTCostco Wholesale | Consumer Defensive | 4.05% | $405.08 | 2,196 | $2.3M |
| 8 | —Cash / Cash Equivalents | — | 3.65% | $364.80 | 2.1M | $2.1M |
| 9 | BRK-BBerkshire Hathaway | Financial Services | 3.47% | $347.34 | 3,475 | $2.0M |
| 10 | JNJJohnson & Johnson ORD | Healthcare | 3.28% | $327.65 | 6,775 | $1.9M |
| 11 | BLKBlackrock ORD | Financial Services | 3.23% | $322.81 | 1,564 | $1.8M |
| 12 | METAFacebook | Communication Services | 3.18% | $318.35 | 2,980 | $1.8M |
| 13 | AVGOBroadcom | Technology | 3.17% | $317.11 | 6,167 | $1.8M |
| 14 | UNPUnion PAC | Industrials | 2.93% | $292.57 | 5,759 | $1.7M |
| 15 | JPMJpmorgan Chase ORD | Financial Services | 2.85% | $285.44 | 4,874 | $1.6M |
WarCap WCAP · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 9, 2026
How It Compares
WCAP
WarCap Unconstrained Equity ETF’s Peers
TodayWCAP has no close peers in our data yet: […]
Similar peers · Today’s and past-year returns · as of Nov 10, 2026 · sorted by AUM
Head to Head
WCAP vs VOO
YTDWCAP · WarCap Unconstrained Equity
−6.6%
VOO · S&P 500
+11.3%
Gap
17.9 pts
WarCap WCAP and Vanguard VOO · Today total return · as of Nov 10, 2026
WCAP vs Its Peer Average
YTDWCAPAvsBPeer average
1D+2.8%[…]
1M−2.8%[…]
3M−2.8%[…]
YTD−6.6%[…]
1Y−6.1%[…]
0–0level
0 peers · each row scaled to its leader
How Bumpy Is WCAP?
ViewWCAP
How Bumpy
1Y1.2×the S&P 500’s swings
CalmerBumpierS&P 1×WCAP
S&P 500 swings · 1Y13.7%
WarCap WCAP · daily swings over the past year vs the S&P 500
WCAP
Worst Drop
1Y−14.8%from its Dec 11 high
Still below the high−8.7%
$10,000 at the high is now$9,130
WarCap WCAP · fall from the highest close, past year
WCAP
On a Bad Day
1Y1.2×the S&P 500’s fall
WCAP’s worst day: Thursday, Nov 5Up days48 of every 100
S&P 500 up days52 of every 100
WarCap WCAP · average move on days the S&P 500 fell
WCAP
Return for the Bumps
1YNo peers with a full year of prices to rank against yet.
Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%
WCAP
Cost
Today$130a year per $10,000
Expense ratio 1.30%, taken from the fund’s value
WCAP
Volatility & Beta
1Y16.4%annual volatility
S&P 500 volatility13.7%
Downside volatility12.5%
Beta vs SPY1.01
Correlation vs SPY0.85
Daily total returns × √252 · past 254 trading days
WCAP
Max Drawdown
1Y−14.8%peak to trough
Peak closeDec 11, 2025
Current drawdown−8.7%
Worst day−4.50% · Nov 5
Closing prices, dividends in
WCAP
Up / Down Capture
1Y121%down capture vs SPY
Up ÷ down capture0.80
Up days48.4% (S&P 52.4%)
Average daily move on SPY up days and down days
WCAP
Sharpe & Sortino vs Peers
1Y| Fund | Sharpe | Sortino | Volatility | Max DD | Beta | Fee / $10k |
|---|---|---|---|---|---|---|
| WCAP | −0.64 | −0.84 | 16.4% | −14.8% | 1.01 | $130 |
Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only
WCAP
Trading
Today0.00%at its holdings’ value
Close$9.18
NAV$9.18
Fee per $10,000$130 a year
Avg. volume 30D19K shares
Close vs net asset value, Nov 9
The Details
WCAP
Fund Facts
Today2025launched Sep 10
Tracks[…]
Exchange · CUSIPAMEX · 84858T665
StructureETF
Leverage1x
Cost on $10,000$130 a year
Go deeper
WarCap WCAP · fund facts · as of Nov 10, 2026
WCAP
Payouts by Year
1Y$0.0036per share, Dec 2025
Distribution yield0.0%
Paid[…]
Latest ex-date · paidDec 30 · Dec 31, 2025
1 payouts added up$0.0036 a share
WarCap WCAP · distributions by ex-date · 2025–2025
All Fund FactsDocuments · trading · fees · every payout
Prospectus & Documents
annual report · SEC N-CSR ↗SEC reported portfolio · 2026-07-31 ↗prospectus · SEC 485APOS ↗prospectus · SEC 497 ↗SEC reported portfolio · 2026-04-30 ↗prospectus · SEC 497 ↗SEC reported portfolio · 2026-01-31 ↗SEC reported portfolio · 2025-10-31 ↗summary prospectus · SEC 497K ↗prospectus · SEC 485BPOS ↗prospectus · SEC 485APOS ↗
Trading & Liquidity
Net asset value$9.18
Premium / discount[…]
Median spread · 30D[…]
Volume today20K
Average volume · 30D19K
Shares outstanding[…]
Options[…]
Fees & Costs
Net expense ratio1.30%
Gross expense ratio[…]
Management fee[…]
Cost on $10,000 a year$130.00
Our risk indicator4/5
Estimated yearly cost excludes trading costs and assumes constant assets.
Distributions
| Ex-date | Paid | Per share |
|---|---|---|
| Dec 30, 2025 | Dec 31, 2025 | $0.0036 |
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