{
 "ticker": "ELM",
 "name": "Elm Market Navigator ETF",
 "issuer": "Elm",
 "desk": "core",
 "url": "https://etfiq.com/funds/elm",
 "html": "https://etfiq.com/funds/elm",
 "markdown": "https://etfiq.com/funds/elm.md",
 "as_of": "2026-10-14",
 "verdict": "ELM returned +9.8% over the past year.",
 "lead": "ELM returned +9.8% over the year to Oct 14, 2026, charges 0.24% a year and holds $578m in net assets on Jun 30, 2026.",
 "category": {
  "id": "allocation",
  "name": "Allocation",
  "label": "Allocation ETFs",
  "url": "https://etfiq.com/allocation/",
  "group": {
   "id": "allocation",
   "name": "Allocation"
  },
  "segment": {
   "id": "moderate",
   "name": "Moderate",
   "url": "https://etfiq.com/allocation/moderate/"
  },
  "status": "classified",
  "as_of": "2026-10-15",
  "method": "https://etfiq.com/methodology/categories"
 },
 "key_facts": [
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+9.8%",
   "source": null,
   "as_of": "2026-10-14",
   "sentence": "ELM, total return, 1 year: +9.8%, as of Oct 14, 2026."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.24%",
   "source": null,
   "as_of": "2026-10-14",
   "sentence": "ELM, expense ratio: 0.24%, as of Oct 14, 2026."
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "18",
   "source": null,
   "as_of": "2026-10-14",
   "sentence": "ELM, holdings: 18, as of Oct 14, 2026."
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22122.1%",
   "source": null,
   "as_of": "2026-10-14",
   "sentence": "ELM, below its high: \u22122.1%, as of Oct 14, 2026."
  },
  {
   "key": "12_month_yield_capital_gains_included_on_its_starting_price",
   "label": "12-month yield, capital gains included, on its starting price",
   "value": "2.7%",
   "source": null,
   "as_of": "2026-10-14",
   "sentence": "ELM, 12-month yield, capital gains included, on its starting price: 2.7%, as of Oct 14, 2026."
  },
  {
   "key": "last_payment_ex_date_dec_31_2025",
   "label": "Last payment, ex-date Dec 31, 2025",
   "value": "$0.1304",
   "source": null,
   "as_of": "2026-10-14",
   "sentence": "ELM, last payment, ex-date Dec 31, 2025: $0.1304, as of Oct 14, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$578m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026",
   "as_of": "2026-10-14",
   "sentence": "ELM, net assets: $578m (SEC filing, whole fund, as filed for Jun 30, 2026)."
  }
 ],
 "fields": [
  {
   "key": "fund_type",
   "label": "Fund type",
   "value": "Allocation fund",
   "source": null
  },
  {
   "key": "category",
   "label": "Category",
   "value": "Allocation \u00b7 Moderate",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.24%",
   "source": "485BPOS XBRL, Jan 28, 2026"
  },
  {
   "key": "price",
   "label": "Price",
   "value": "$29.22",
   "source": null
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Feb 11, 2025",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$578m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026"
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Its own holdings, as of Jun 30, 2026; its prospectus names no index it tracks",
   "source": "ETFIQ, from its filings"
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22122.1%",
   "source": "ETFIQ"
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "18",
   "source": null
  },
  {
   "key": "top_ten_weight",
   "label": "Top ten weight",
   "value": "89.7%",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Jun 30, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "100.0%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "\u22120.7%",
   "S&P 500 (SPY)": "+1.4%"
  },
  {
   "window": "3 months",
   "Total return": "\u22120.2%",
   "S&P 500 (SPY)": "+2.2%"
  },
  {
   "window": "6 months",
   "Total return": "+3.1%",
   "S&P 500 (SPY)": "+10.5%"
  },
  {
   "window": "Year to date",
   "Total return": "+7.2%",
   "S&P 500 (SPY)": "+13.7%"
  },
  {
   "window": "1 year",
   "Total return": "+9.8%",
   "S&P 500 (SPY)": "+17.5%"
  },
  {
   "window": "Since launch",
   "Total return": "+20.0%",
   "S&P 500 (SPY)": "+29.6%"
  },
  {
   "window": "Since launch, annualised",
   "Total return": "+11.5%",
   "S&P 500 (SPY)": "\u2013"
  }
 ],
 "questions": [
  {
   "q": "How has ELM performed?",
   "a": "Over the year to Oct 14, 2026, ELM returned +9.8% with distributions reinvested, against +17.5% for the S&P 500."
  },
  {
   "q": "What does ELM cost?",
   "a": "The prospectus expense ratio is 0.24% a year."
  },
  {
   "q": "What does ELM hold?",
   "a": "18 positions as filed for Jun 30, 2026, with the top ten at 89.7% of the fund. 0% of its weight is in stocks the S&P 500 also holds."
  },
  {
   "q": "How far is ELM below its high?",
   "a": "2.1% below its high of Aug 13, 2026, measured on the reinvested series to Oct 14, 2026."
  }
 ],
 "flows": {
  "as_of": "2026-06-30",
  "coverage": "monthly",
  "computed_by": "ETFIQ, from the change in shares outstanding times the previous day\u2019s NAV",
  "method": "https://etfiq.com/methodology/flows",
  "data": "https://etfiq.com/data/flows/funds/elm.json",
  "windows": [],
  "latest_month": {
   "month": "2026-06",
   "net_flow_usd": 4308795,
   "net_flow": "+$4.3m",
   "source": "SEC Form N-PORT"
  }
 },
 "generated": "2026-10-15",
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, ELM, allocation fund, data as of Oct 14, 2026. https://etfiq.com/funds/elm"
}