# DEMZ (Democratic Large Cap Core ETF)

Reflection · Stock ETFs · U.S. large-cap blend · data as of Nov 4, 2026

DEMZ returned +14.9% over the year to Nov 4, 2026, charges 0.45% a year and holds $67m in net assets on Jun 30, 2026.

Promise check: Not measured. It names no index it tracks. https://etfiq.com/promise-index/stocks/

DEMZ tracks an index and returned +14.9% over the past year.

## Key facts

- DEMZ, total return, 1 year: +14.9%, as of Nov 4, 2026.
- DEMZ, expense ratio: 0.45%, as of Jan 28, 2026.
- DEMZ, holdings: 43, as of Jun 30, 2026.
- DEMZ, below its high: −1.9%, as of Nov 4, 2026.
- DEMZ, 12-month yield, capital gains included, on its starting price: 1.0%, as of Nov 4, 2026.
- DEMZ, last payment (paid annually), ex-date Dec 30, 2025: $0.4162, as of Dec 30, 2025.
- DEMZ, net assets: $67m (SEC filing, whole fund, as filed for Jun 30, 2026).

## DEMZ over each window to Nov 4, 2026

| Window | Total return | Benchmark (VOO) | Gap to VOO |
| --- | --- | --- | --- |
| 1 month | −1.8% | −1.1% | −0.7 pts |
| 3 months | +0.6% | −0.1% | +0.7 pts |
| 6 months | +9.0% | +5.0% | +4.0 pts |
| Year to date | +13.8% | +13.4% | +0.4 pts |
| 1 year | +14.9% | +14.8% | +0.1 pts |
| 3 years | +86.0% | +83.3% | +2.7 pts |
| 5 years | +73.0% | +75.5% | −2.5 pts |
| Since launch | +148.9% | +148.4% | +0.5 pts |
| Since launch, annualised | +16.4% | – | – |

## DEMZ key stats

- Holdings: 43
- Top ten weight: 47.0%

## DEMZ trading

- Not scored.
- The full trading page: https://etfiq.com/funds/demz/trading/

## DEMZ for holders outside the US

- US tax withheld on dividends, no treaty: 30% (<https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf>)
- Treaty rates on dividends (IRS table, read Oct 30, 2026): 65 countries, 10% to 30% (<https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables>)
- DEMZ interest-related and short-term gain dividends: not read by ETFIQ
- US estate tax filing threshold, non-resident holders: $60,000 (<https://www.irs.gov/instructions/i706na>)
- Share class: Distributing (<https://etfiq.com/learn/non-us-holders>)

Facts from the IRS, not tax advice.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | not read by ETFIQ | ETFIQ |
| Fund type | Equity fund | ETFIQ |
| Category | Stocks · U.S. large-cap blend | ETFIQ |
| Expense ratio | 0.45% | 485BPOS XBRL, Jan 28, 2026 |
| Price | $48.55 | ETFIQ |
| First traded | Nov 3, 2020 | ETFIQ |
| Net assets | $67m | SEC filing, whole fund, as filed for Jun 30, 2026 |
| Benchmark | S&P 500 Index, measured by VOO, which tracks the same index | ETFIQ, from its filings |
| Benchmark named in | its shareholder report, N-CSR/A, May 20, 2026 | ETFIQ |
| DEMZ, 1 year to Nov 4, 2026 | +14.9% | ETFIQ |
| VOO, the same days | +14.8% | ETFIQ |
| Against its benchmark, 1 year | +0.1 pts | ETFIQ |
| Below its high | −1.9% | ETFIQ |
| Holdings | 43 | ETFIQ |
| Top ten weight | 47.0% | ETFIQ |
| Cash, not in the top ten | 0.6% | ETFIQ |
| Holdings as of | Jun 30, 2026 | SEC N-PORT |
| Already in the S&P 500, by weight | 99.4% | ETFIQ |
| Active share vs the S&P 500 | 73.6% | ETFIQ |
| Already in the Nasdaq-100, by weight | 51.2% | ETFIQ |

## Questions

### How has DEMZ performed?

Over the year to Nov 4, 2026, DEMZ returned +14.9% with distributions reinvested, against +14.8% for the S&P 500. Over three years the number is +86.0%.

### What does DEMZ cost?

The prospectus expense ratio is 0.45% a year.

### What does DEMZ hold?

43 positions as filed for Jun 30, 2026, with the top ten at 47.0% of the fund. 99% of its weight is in stocks the S&P 500 also holds.

### How far is DEMZ below its high?

1.9% below its high of Oct 6, 2026, measured on the reinvested series to Nov 4, 2026.


## Cite this page

ETFIQ, DEMZ, stock fund, data as of Nov 4, 2026. https://etfiq.com/funds/demz
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

HTML: https://etfiq.com/funds/demz  ·  JSON: https://etfiq.com/funds/demz.json