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LCTO · Kurv U.S. Large Cap TaxOptimized ETF

$24.58
−0.8% · 1 day, price
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Fund card

<iframe src="https://etfiq.com/embed/fund/lcto/" title="ETFIQ LCTO analysis" width="100%" height="420" loading="lazy" style="border:0;max-width:600px"></iframe>
<p>Data: <a href="https://etfiq.com/funds/lcto">ETFIQ LCTO analysis</a></p>

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In one line

LCTO returned −0.8% since it first traded on Jul 7, 2026.

How does LCTO compare with older funds like it?How does LCTO compare with its benchmark since launch?What does LCTO hold?
Total return since launch
−0.8%VOO +1.6% to Nov 12, 2026
Expense ratio
0.70%a year
Net assets
$495,536on Nov 11, 2026
Allocation fundExpense ratio 0.70%Fund assets $495,536 on Nov 11, 2026First traded Jul 7, 2026Benchmark S&P 500 Index, measured by VOO, which tracks the same indexFund page at the issuer ↗SEC filings ↗Dividend history

LCTO returned −0.8% from Jul 7, 2026 to Nov 12, 2026, charges 0.70% a year and holds $495,536 in net assets on Nov 11, 2026.

Promise check: Not measured

Analyze LCTOPut to the committeeAdd to portfolioAlerts
Growth of $10,000

LCTO vs VOO, since Jul 2026

Total return, distributions reinvested, Jul 7, 2026 to Nov 11, 2026.

LCTO $10,001 +0.0%VOO $10,190 +1.9%Returns from daily closes. Data
Scorecard · vs VOO

LCTO risk and return scorecard

vs VOO · Jul 17, 2026 to Nov 6, 2026 · 16 weekly returns · dividend-adjusted

Short history · 4 months
LCTO −2.0%, VOO −0.8%, Jul 17, 2026 to Nov 6, 2026, distributions reinvested.

16 weekly returns: annualized numbers and ratios need 52.

MeasureLCTOVOOEdge
Return
Total return−2.0%−0.8%VOO
Price return−2.5%−1.1%VOO
MeasureLCTOVOOEdge
Risk
Max drawdown−5.7%−5.5%VOO (slight)
MeasureLCTOVOOEdge
Alpha vs VOO
Beta to VOO0.951.00Lower beta

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Total return

What you earned

LCTO −1.8%, VOO −2.7%: total return over one month to Nov 12, 2026.
$10,000 in LCTO would be $9,820, over one month to Nov 12, 2026.
LCTO−1.8%
VOO−2.7%
LCTO −3.9%, VOO −2.4%: total return over three months to Nov 12, 2026.
$10,000 in LCTO would be $9,610, over three months to Nov 12, 2026.
LCTO−3.9%
VOO−2.4%
LCTO −0.8%, VOO +1.6%: total return since launch to Nov 12, 2026.
$10,000 in LCTO would be $9,920, since launch to Nov 12, 2026.
LCTO−0.8%
VOO+1.6%
askIQ: why did LCTO return −0.8% since launch, against VOO’s +1.6%? ↗
Fees over time · hypothetical
Fees paid
$678
Of the amount
6.8%

At LCTO’s 0.7% a year, taken each year from the amount after growth. Hypothetical.

Cost to trade · hypothetical
One way
$18.00
Round trip
$36.00
A year
$36.00

One way: half its 30-day median bid-ask spread; from $100,000, plus ETFIQ’s estimate of price impact, as of Nov 11, 2026. A round trip buys and later sells the same size. Hypothetical. Trading page

First traded Jul 7, 2026

What can be shown yet

−0.8%
Total return, since launch, Jul 7, 2026
Report
0.70%
Expense ratio
Report
9
Holdings
Report
−3.9%
Below its high
Report
$0.046
Last payment (paid monthly), ex-date Oct 28, 2026
Report
LCTO has traded for 128 days. Numbers that need a year of prices are not shown yet.
Shown now
Price$24.58
First tradedJul 7, 2026
Net assets$495,536
Top ten weight94.4%
Not yet
One-year returnfrom Jul 7, 2027
Three-year returnfrom Jul 7, 2029
askIQ: what can LCTO’s first months tell me? ↗

11 committee seats read LCTO on data as of Nov 12, 2026: 0 Supports, 1 Mixed, 3 Challenges, 7 without enough data.

0 Supports1 Mixed3 Challenges7 Not enough data
  • Bogle
  • Graham
  • Buffett & Munger
  • Lynch
  • Templeton
  • Dalio
  • Marks
  • Druckenmiller
  • Swensen
  • Wood
  • Livermore
  • Skeptic

Watch the committee read LCTO How the committee works

12 seats on LCTO, as of Nov 12, 2026: 1 Mixed, 3 Challenges, 7 Not enough data, 1 Does not apply.

In the tradition ofJohn BogleBogle-style Low CostMixed
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyDoes not apply
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherChallenges
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingNot enough data
Uses ETFIQ’s measuresETFIQ SkepticETFIQ’s own seatNot enough data
Put LCTO to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Risk Officer

Risk check

What to look at before you hold LCTO. Not advice.

As of Nov 13, 2026, LCTO crossed 1 of 5 ETFIQ risk lines.

OverlapNot publishedNot published
Trading cost30-day median spread 0.36%Clear
Premium or discount95% of days within ±0.0833% of NAV, 0 days over 1%, Nov 6, 2026 to Nov 11, 2026Clear
ConcentrationTop 10 holdings are 94.4% of the fundTop 10 holdings are 94.4% of LCTO (2026-08-31), at or above 60%.Flag
ClosureNo closure flagClear

Lines and sources: Method. Check several funds at once on My Portfolio.

More on LCTO

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Price since launch, Jul 7, 2026

$24.58−0.8%1 day, priceClose, Nov 12, 2026

Price only. Total return over the same days, distributions reinvested, was −0.8%. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Nov 12, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

LCTO returns by window: total return, cash paid and price change
WindowTotal returnBenchmark (VOO)Gap to VOO
1M Oct 13 – Nov 12, 2026−1.8%−2.7%+0.9 pts
3M Aug 13 – Nov 12, 2026−3.9%−2.4%−1.5 pts
Since launch Jul 7 – Nov 12, 2026−0.8%+1.6%−2.4 pts

Total returns, distributions reinvested. Listed Jul 2026: no 6 months, year to date, 1 year and 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested.

LCTO key stats

High since Jul 7, 2026, daily closes to Nov 12, 2026 (ETFIQ)$25.72 on Aug 13, 2026
Low since Jul 7, 2026, daily closes to Nov 12, 2026 (ETFIQ)$23.94 on Nov 5, 2026
Close on Nov 12, 2026, within that range (ETFIQ)$24.58, 36% of the way from the low to the high
Holdings9
Top ten weight94.4%
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Nov 11, 2026
Trading · LCTOas of Nov 11, 2026
·
Not scored2 of 6 measured · Nov 11, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
$1,000$1.800.18%
$10,000$180.18%
$100,000 · estimate$2980.30%
Premium or discount to NAV, Nov 11 close−0.04%
−0.2%95% of days within ±0.08% · the 1% band is off this scale+0.2%
How to tradeLimit: midpoint + 5¢ to buy, midpoint − 5¢ to sell.At the Nov 11 close of $24.77, that’s $24.82 to buy and $24.72 to sell.
Full trading page: components, premium history, dealers →

LCTO for holders outside the US

US tax withheld on dividends, no treaty30%
Treaty rates on dividends (IRS table, read Oct 30, 2026)65 countries, 10% to 30%
LCTO interest-related and short-term gain dividendsnot read by ETFIQ
US estate tax filing threshold, non-resident holders$60,000
Share classDistributing

LCTO is a US fund. Stock of US corporations counts as US property for a non-resident's estate. Facts from the IRS, not tax advice. How withholding and treaties work

LCTO against the ETFIQ 30 to 50% benchmark

Holdings Aug 31, 2026 · prices Nov 12, 2026

LCTO holds 40.7% stocks, which places it in the 30 to 50% band with 14 other allocation ETFs. Its benchmark is ETFIQ Strategic 40. LCTO has 3 whole months of prices, short of a year.

Return table

Prices to Nov 12, 2026
Return table for LCTO, a fund with a short price history
Strategic 40LCTO listed Jul 7, 2026Difference
1 year+4.83%*not yet: 3 months of history
3 years, annualised+11.89%*not yet: 3 months of history
5 years, annualised+3.90%*not yet: 3 months of history
10 years, annualised+5.90%*not yet: 3 months of history

*Hypothetical for Strategic 40: the window begins before Oct 3, 2026, when ETFIQ froze the rule. The difference needs both numbers. LCTO has 3 whole months of prices, so there is no common period of a year or more yet.

Percentile in band

Band 30 to 50% · 15 funds · 3-year return to Oct 30, 2026
3-year return, annualised
not yet: 3 months of history
Volatility, 3 years
not yet: 3 months of history
Maximum drawdown, 3 years
not yet: 3 months of history

Calendar years with percentile in band

Band 30 to 50% · 15 funds

LCTO has no whole calendar year yet: its first close is Jul 7, 2026.

The band is the funds in it today, each measured in the years it existed; a year with fewer than 10 of them has no percentile.

Risk by window

Prices to Oct 30, 2026
LCTO risk by window, Prices to Oct 30, 2026
Measure3 years*5 years*10 years*
PortfolioBenchmarkPortfolioBenchmarkPortfolioBenchmark
Volatility (annualised)
Standard deviation of monthly returns, annualised
not yet: 3 months of history7.03%not yet: 3 months of history9.15%not yet: 3 months of history7.91%
Maximum drawdown
Largest peak-to-trough fall in the window
not yet: 3 months of history−6.47%not yet: 3 months of history−20.32%not yet: 3 months of history−20.32%
Worst month
Lowest single calendar-month return
not yet: 3 months of history−3.54%not yet: 3 months of history−6.31%not yet: 3 months of history−6.49%
Sharpe on T-bills
Excess return over 3-month T-bills, per unit of volatility
not yet: 3 months of history1.01not yet: 3 months of history0.03not yet: 3 months of history0.45
Beta to benchmark
Sensitivity to the benchmark’s moves
not yet: 3 months of historymeasured against itselfnot yet: 3 months of historymeasured against itselfnot yet: 3 months of historymeasured against itself
Up capture
Share of benchmark gains kept in up months
not yet: 3 months of historymeasured against itselfnot yet: 3 months of historymeasured against itselfnot yet: 3 months of historymeasured against itself
Down capture
Share of benchmark losses taken in down months
not yet: 3 months of historymeasured against itselfnot yet: 3 months of historymeasured against itselfnot yet: 3 months of historymeasured against itself

*Hypothetical as a whole: the window begins before Oct 3, 2026. Drawdowns are on daily values; the other measures are from monthly returns. The benchmark measured against itself has no beta or capture.

Costs

Prospectus, Jul 1, 2026
LCTO costs, Prospectus, Jul 1, 2026
LayerA yearOn $10,000Source · date
Fund fee0.70%$70485BPOS XBRL · Jul 1, 2026

Every return above is after the fund's fee.

Computed by ETFIQ from Tiingo daily prices. Data sourced by Tiingo.

ETFIQ Strategic 40, the benchmark →LCTO against ETFIQ Strategic 40, every window →All 15 funds in Moderately conservative, 40% stocks →Compare LCTO head to head →A benchmark is a rule, not advice.

About LCTO

Fund typeAllocation fund
Category (ETFIQ)Allocation · Moderately conservative
Expense ratio (485BPOS XBRL, Jul 1, 2026)0.70%
Price$24.58
First tradedJul 7, 2026
Net assets (issuer page, as of Nov 11, 2026)$495,536Report
Benchmark (ETFIQ, from its filings)S&P 500 Index, measured by VOO, which tracks the same index
Benchmark named inits prospectus, 485BPOS, Jul 1, 2026
Why this benchmarkIts prospectus names no index it tracks. Its daily returns fit VOO at R-squared 0.95 over its life to Nov 12, 2026 (91 days), above the 0.30 floor.
Below its high (ETFIQ)−3.9%
Holdings9
Top ten weight94.4%
Cash, not in the top ten5.6%
Holdings as of (SEC N-PORT)Aug 31, 2026
Already in the S&P 500, by weight (ETFIQ)0.0%
Active share vs the S&P 500 (ETFIQ)100.0%
Already in the Nasdaq-100, by weight (ETFIQ)0.0%
Promise checkNot measured. Its name states no stock share or band.

Questions people ask about LCTO

What does LCTO cost?
The prospectus expense ratio is 0.70% a year.
What does LCTO hold?
9 positions as filed for Aug 31, 2026, with the top ten at 94.4% of the fund. 0% of its weight is in stocks the S&P 500 also holds.
How far is LCTO below its high?
3.9% below its high of Aug 13, 2026, measured on the reinvested series to Nov 12, 2026.
Sources and dates
Prices, LCTO and Benchmark (VOO)Tiingo end-of-day · Nov 12, 2026
Fee, 0.70%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $495,536Issuer page · Nov 11, 2026
SourceHoldings filing (SEC Form N-PORT) ↗
IssuerKurv page for LCTO ↗
All fund filingsFund filings on SEC EDGAR ↗
Kurv’s own site ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, LCTO, allocation fund, data as of Nov 12, 2026. https://etfiq.com/funds/lcto

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

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LCTO: LCTO over 3 months: total return −3.9%, its benchmark S&P 500 Index through VOO −2.4%, −1.5 pts. Data to Nov 12, 2026.
<figure style="margin:0;max-width:640px">
<iframe src="https://etfiq.com/embed/core/lcto/" title="LCTO: LCTO over 3 months: total return −3.9%, its benchmark S&amp;P 500 Index through VOO −2.4%, −1.5 pts. Data to Nov 12, 2026." width="640" height="370" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">LCTO: LCTO over 3 months: total return −3.9%, its benchmark S&amp;P 500 Index through VOO −2.4%, −1.5 pts. Data to Nov 12, 2026. Data: <a href="https://etfiq.com/funds/lcto">ETFIQ</a></figcaption>
</figure>

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