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ETF

ETF

Ticker CETF
Fact Sheet Prospectus Prospectus and SAI Supplement Prospectus Supplement SAI 2024 ANNUAL REPORT
Overview Fund Facts Performance Holdings Distributions Literature Purchase Information
$26.20
as of 07/22/2024
-1.54 (0.37%)
as of 07/22/2024
YTD: 7.63%
as of 07/22/2024
0.85%
as stated in the prospectus

Features

Based on the recommendation of management, the DriveWealth ETF Trust’s Board of Trustees has unanimously determined that the continuation of the Fund is not in the best interests of the Fund or the Fund’s shareholders as a result of factors or events adversely affecting the Fund’s ability to conduct its business and operations in an economically viable manner. As a result, DriveAdvisory, LLC, a subsidiary of DriveWealth, LLC, announced the scheduled liquidation of the exchange traded fund DriveWealth NYSE 100 Index ETF (Ticker: CETF). As part of this decision, the Fund will stop accepting new orders on or about Monday, July 22, 2024. The Fund will cease trading at the end of the trading day on Monday, July 22, 2024. The Fund is expected to liquidate on or around Monday, July 29, 2024. For more information, please download the prospectus supplement or the Press Release Announcement.

The DriveWealth NYSE 100 Index ETF seeks to provide investment results that, before fees and expenses, track the performance of the NYSE DriveWealth 100 Index (the “Index”). The NYSE DriveWealth 100 Index is a rules-based, equal-weighted index that tracks the performance of U.S.-listed Exchange Traded Funds (ETFs). The Index selects the 100 top ETFs based on a methodology that ranks eligible funds according to size, liquidity and risk- adjusted return.

Benchmark

The NYSE DriveWealth 100 Index tracks the performance of all U.S.-listed Exchange Traded Funds (ETFs) across all issuers, sectors, asset classes and industry groups, and selects the 100 top ETFs based on a methodology that ranks eligible funds according to size, liquidity and risk-adjusted return. The Index undergoes a full reconstitution of constituent holdings quarterly.

The NYSE DriveWealth 100 Index will have an equal weighting of all 100 constituents at the beginning of every quarter when the fund will be rebalanced and reconstituted. Index selection will include the new constituents based on the momentum-based methodology. Eligible ETFs will be ranked and assessed based on the criteria of fees, total return over the past quarter, and volatility over the previous quarter. To get a full understanding of the methodology view the prospectus.

Criteria to be an eligible constituent are as follows:

  • Fund must be listed on a U.S. exchange
  • Fund must have at least $100m in assets
  • Must not be a levered product
  • The fund cannot be an inverse fund
  • No Exchange traded notes will be included
  • No ETFs of ETFs
  • Volume must exceed $3m on a daily average

See important risk information at the bottom of the page.

Fund Information as of Oct 31, 2023

April 25, 2023
No
0.85%
USD
State Street
Penserra
Drive Advisory
Foreside Fund Services, LLC.
Annually
100

Listing Information as of Oct 31, 2023

Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE April 25, 2023 USD CETF 26209c 107 US26209c1071

Fund Market Price as of Jul 22, 2024

$26.12/$26.29
$26.20
$26.86
$26.20
441
1.00%
0.57%

Historical Daily NAV Line Chart

Since Inception

Premium Discount to NAV Graph and Summary Line Chart

Calendar Year 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Days traded at premium 133 31 32 N/A N/A
Days traded at discount 40 30 31 N/A N/A

Before investing carefully consider the Fund’s investment objective, risks, charges, and expenses. This information is contained in the prospectus available here. Read carefully before investing.

Fund Net Cash Amount as of Jul 22, 2024

$7,920

Fund Net Asset Value as of Jul 22, 2024

$26.20
29,000
$759,876

Performance as of Jul 22, 2024

1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Incept.
NAV 0.76% 8.03% 7.63% 8.34% N/A N/A N/A 10.06%
Market Value -5.20% 1.77% 1.27% 1.72% N/A N/A N/A 4.69%
NYSE DriveWealth 100 Index 0.97% 7.49% 8.05% 9.08% N/A N/A N/A 10.50%

The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate so that an investor’s shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance call 833-222-8843.

Top Holdings by Performance

1 Month 1 Day 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception

Fund Sectors

Fund Top Holdings as of Jul 22, 2024

Name Ticker Performance
Global X Silver Miners ETF SIL 8.75%
Amplify Junior Silver Miners ETF SILJ 7.59%
Fidelity MSCI Utilities Index ETF FUTY 2.70%
Vanguard Utilities ETF VPU 2.69%
iShares U.S. Utilities ETF IDU 2.66%
iShares MSCI Europe Financials ETF EUFN 2.62%
Utilities Select Sector SPDR Fund XLU 2.18%
Franklin FTSE United Kingdom ETF FLGB 1.64%
First Trust Preferred Securities and Income ETF FPE 1.54%
First Trust Institutional Preferred Securities and Income ETF FPEI 1.53%
iShares MSCI United Kingdom ETF EWU 1.47%
X-trackers MSCI EAFE Hedged Equity Fund DBEF 1.26%
FT Vest U.S. Equity Buffer ETF – June FJUN 1.26%
Principal Spectrum Preferred Securities Active ETF PREF 1.12%
Invesco Variable Rate Preferred ETF VRP 1.03%
iShares Currency Hedged MSCI EAFE ETF HEFA 0.95%
FT Vest U.S. Equity Moderate Buffer ETF – May GMAY 0.92%
First Trust Senior Loan Fund FTSL 0.89%
Janus Henderson B-BBB CLO ETF JBBB 0.86%
Panagram BBB-B CLO ETF CLOZ 0.85%
Pacer Pacific Asset Floating Rate High Income ETF FLRT 0.85%
Global X S&P 500 Covered Call ETF XYLD 0.78%
Franklin Senior Loan ETF FLBL 0.78%
FT Vest U.S. Equity Buffer ETF – July FJUL 0.76%
Eaton Vance Floating-Rate ETF EVLN 0.76%
VanEck BDC Income ETF BIZD 0.73%
Innovator U.S. Equity Power Buffer ETF – August PAUG 0.73%
Janus Short Duration Income ETF VNLA 0.68%
Invesco Senior Loan ETF BKLN 0.68%
SPDR Blackstone Senior Loan ETF SRLN 0.64%
Vanguard Ultra-Short Bond ETF VUSB 0.63%
Invesco BulletShares 2025 High Yield Corporate Bond ETF BSJP 0.60%
Invesco BulletShares 2025 Corporate Bond ETF BSCP 0.58%
iBonds Dec 2025 Term Corporate ETF IBDQ 0.58%
Janus Henderson AAA CLO ETF JAAA 0.58%
SPDR SSgA Ultra Short Term Bond ETF ULST 0.57%
Goldman Sachs Access Ultra Short Bond ETF GSST 0.57%
Invesco Ultra Short Duration ETF GSY 0.57%
AB Ultra Short Income ETF YEAR 0.56%
VanEck CLO ETF CLOI 0.55%
JPMorgan Ultra-Short Income ETF JPST 0.55%
Simplify Hedged Equity ETF HEQT 0.54%
Fidelity Low Duration Bond ETF FLDB 0.54%
BlackRock Ultra Short-Term Bond ETF ICSH 0.54%
First Trust Enhanced Short Maturity ETF FTSM 0.53%
Innovator U.S. Equity Power Buffer ETF – June PJUN 0.53%
SPDR Bloomberg Investment Grade Floating Rate ETF FLRN 0.52%
BlackRock AAA CLO ETF CLOA 0.51%
FlexShares Ultra-Short Income Fund RAVI 0.51%
iShares Floating Rate Bond ETF FLOT 0.51%
US Treasury 6 month Bill ETF XBIL 0.51%
PIMCO Enhanced Short Maturity Exchange-Traded Fund MINT 0.51%
VanEck IG Floating Rate ETF FLTR 0.51%
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF XHLF 0.51%
PGIM Ultra Short Bond ETF PULS 0.50%
Innovator U.S. Equity Power Buffer ETF – October POCT 0.49%
SPDR Bloomberg 3-12 Month T-Bill ETF BILS 0.49%
iBonds Dec 2024 Term Corporate ETF IBDP 0.49%
Dimensional Ultrashort Fixed Income ETF DUSB 0.49%
Fidelity Low Duration Bond Factor ETF FLDR 0.48%
iShares Short Treasury Bond ETF SHV 0.48%
Innovator U.S. Equity Power Buffer ETF – May PMAY 0.47%
Alpha Architect 1-3 Month Box ETF BOXX 0.47%
iShares iBonds Dec 2024 Term Treasury ETF IBTE 0.47%
PIMCO Ultra Short Government Active ETF BILZ 0.46%
iShares 0-3 Month Treasury Bond ETF SGOV 0.46%
Global X 1-3 Month T-Bill ETF CLIP 0.46%
Invesco BulletShares 2024 Corporate Bond ETF BSCO 0.46%
US Treasury 3 Month Bill ETF TBIL 0.46%
SPDR Bloomberg 1-3 Month T-Bill ETF BIL 0.46%
AllianzIM U.S. Large Cap Buffer20 Jun ETF JUNW 0.45%
Invesco Variable Rate Investment Grade ETF VRIG 0.45%
NEOS Enhanced Income 1-3 Month T-Bill ETF CSHI 0.45%
Invesco Short Term Treasury ETF TBLL 0.44%
JPMorgan Ultra-Short Municipal Income ETF JMST 0.44%
iShares Treasury Floating Rate Bond ETF TFLO 0.43%
WisdomTree Bloomberg Floating Rate Treasury Fund USFR 0.42%
Invesco S&P 500 Top 50 ETF XLG 0.41%
SPDR Portfolio S&P 500 ETF SPLG 0.41%
iShares Core S&P 500 ETF IVV 0.41%
SPDR S&P 500 ETF Trust SPY 0.41%
Vanguard S&P 500 ETF VOO 0.41%
BlackRock Short Maturity Municipal Bond ETF MEAR 0.38%
Pacer Trendpilot US Large Cap ETF PTLC 0.36%
SPDR S&P 500 Fossil Fuel Reserves Free ETF SPYX 0.31%
iShares S&P 100 ETF OEF 0.29%
Invesco BulletShares 2024 High Yield Corporate Bond ETF BSJO 0.25%
Vanguard Mega Cap ETF MGC 0.12%
iShares Russell Top 200 ETF IWL 0.10%
WisdomTree Bloomberg U.S. Dollar Bullish Fund USDU -0.15%
Simplify Enhanced Income ETF HIGH -0.33%
X-trackers MSCI Europe Hedged Equity Fund DBEU -0.57%
Invesco DB US Dollar Index Bullish Fund UUP -0.58%
iShares Global 100 ETF IOO -0.81%
Invesco S&P 500 Quality ETF SPHQ -1.16%
SPDR Portfolio S&P 500 Growth ETF SPYG -1.32%
Fidelity Enhanced Large Cap Growth ETF FELG -1.98%
Invesco DB Base Metals Fund DBB -2.14%
Fidelity Blue Chip Growth ETF FBCG -2.97%
Teucrium Wheat Fund WEAT -7.76%
See All Holdings

Distributions as of Sep 8, 2024

Ex-dividend Date Payable Date Record Date Total Distribution Ordinary Income ST Cap Gains LT Cap Gains
2024-07-22 2024-07-26 2024-07-22 1.64 1.15 0.49

Literature

Purchase Information

Buying and Selling ETFs

An exchange-traded fund (ETF) is a pooled investment security that operates much like a mutual fund. Typically, ETFs will track a particular index, sector, commodity, or other asset, but unlike mutual funds ETFs can be bought or sold on a stock exchange the same way that a regular stock can.

Before investing carefully consider the Fund’s investment objective, risks, charges, and expenses. This information is contained in the prospectus available here. Read carefully before investing.

Distributor: Foreside Fund Services, LLC.

ETF shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. NAV Returns are calculated using the daily 4:30pm net asset value (NAV). Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.

Important Risks

Investing involves risks including possible loss of principal. There is no guarantee the fund will achieve its investment objective. The Fund will primarily invest in other ETFs and will be subject to the underlying risks of those respective funds. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. To the extent the Fund does not fully replicate the Index, it is subject to the risk that the investment strategy of the Fund’s investment adviser may not produce the intended results.

The is no guarantee the Fund’s investment strategy will be successful. In managing the Fund’s portfolio, the investment adviser engages one or more sub-advisers to make investment decisions for a portion of or the entire portfolio. There is a risk that the investment adviser may be unable to identify and retain sub-advisers that achieve superior investment returns relative to other similar sub-advisers.

©DriveWealth, LLC SOC 1 Type 2, SOC 2 Type 1 and 2, SOC 3, GDPR and CCPA compliant.  Registered in all 50 US states.

DriveWealth, LLC is a registered broker dealer, member of FINRA and SIPC. View the firm’s background on FINRA’s BrokerCheck.
DriveWealth Institutional is a registered broker dealer, member of FINRA and SIPC. View the firm’s background on FINRA’s BrokerCheck.
DriveLoyalty LLC is a registered broker dealer, member of FINRA and SIPC. View the firm’s background on FINRA’s BrokerCheck.
DriveAdvisory, LLC is an SEC-registered investment adviser. View the firm’s background on the SEC’s website.

Brokerage services and investment products provided by DriveWealth, LLC. The availability of brokerage investment products may vary by country. Nothing on this website is an offer to sell or a solicitation of an offer to buy securities, products or service, by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Any company stocks and ticker symbols that appear on this website are for illustrative purposes only and do not constitute a recommendation for a particular security. All investments carry risks. Investment returns will fluctuate and are subject to market volatility, so that an investor’s shares, when redeemed or sold, may be worth more or less than their original cost. You should consider your investment objectives, the risks involved, and consult with your investment and/or tax professional about your specific circumstances prior to making an investment decision. Brokerage investment products: Not FDIC Insured * No Bank Guarantee * May Lose Value. Visit legal.drivewealth.com for full disclosures.

All product and company names are trademarks or registered trademarks of their respective holders, including those which are the properties of DriveWealth. Use of non-DriveWealth trademarks does not imply any affiliation with or endorsement by their holders.

DRIVEWEALTH®, DRIVEHUB® and FRACKER® are trademarks owned by DriveWealth Technologies, LLC and/or its affiliates (“DriveWealth”) registered in the United States. DriveWealth also owns trademark registrations in certain other jurisdictions.

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