SMRI · Bushido Capital US Equity ETF

Equity fundActively managed0.71% fee$644m on Jul 31, 2026First traded Sep 14, 2023SEC filings ↗

SMRI is actively managed and returned +35.5% over the past year.

+35.5%
Total return, 1 year
0.71%
Expense ratio
50
Holdings
−5.8%
Below its high
1.9%
12-month yield: cash paid, 1 year, on its starting price
$0.4378
Last payment (paid quarterly), ex-date Sep 28, 2026
CompareAsk IQ about this fundOverlapAdd to portfolioAlerts
Share ▾
Share on XDownload as PDF

Points (pts) are percentage points.

WindowTotal returnS&P 500 (SPY)Gap to SPY
1M Sep 9 – Oct 9, 2026−2.4%+2.4%−4.8 pts
3M Jul 10 – Oct 9, 2026+9.6%+3.4%+6.3 pts
6M Apr 10 – Oct 9, 2026+30.6%+15.2%+15.5 pts
YTD Dec 31, 2025 – Oct 9, 2026+28.8%+15.1%+13.7 pts
1Y Oct 9, 2025 – Oct 9, 2026+35.5%+17.3%+18.2 pts
3Y Oct 10, 2023 – Oct 9, 2026+95.3%+85.8%+9.5 pts
Since launch Sep 14, 2023 – Oct 9, 2026+89.4%+79.9%+9.5 pts

Total return at closing prices, distributions reinvested. Every column is a total return. Year to date runs from the last close of the year before. Source: ETFIQ.

SMRI top ten by weight, 23.4% of the fund, of its 50 equity positions, from the holdings filed for Jul 31, 2026. Source: the fund’s SEC filing.

Tenet Healthcare Corp THC 2.57%
Workday Inc WDAY 2.52%
Accenture PLC ACN 2.38%
Veeva Systems Inc VEEV 2.33%
Valero Energy Corp VLO 2.33%
Marathon Petroleum Corp MPC 2.32%
Adobe Inc ADBE 2.31%
Phillips 66 PSX 2.25%
Intuit Inc INTU 2.23%
Expedia Group Inc EXPE 2.21%
Fund filings on SEC EDGAR ↗Check overlap with another fund →
Head to head
Funds near this one
AVMVQVALXMLVLVHDEIPXCFA

In plain words

What it tracksNo index, actively managed
Fund typeEquity fund
Category (ETFIQ)Stocks · U.S. mid-cap value
Expense ratio (485BPOS XBRL, Nov 20, 2025)0.71%
Price$45.97
First tradedSep 14, 2023
Net assets (SEC filing, whole fund, as filed for Jul 31, 2026)$644m
Benchmark (ETFIQ, from its filings)Its own holdings, as of Jul 31, 2026; its prospectus names no index it tracks
Below its high (ETFIQ)−5.8%
Holdings50
Top ten weight23.4%
Holdings as of (SEC N-PORT)Jul 31, 2026
Already in the S&P 500, by weight (ETFIQ)83.9%
Active share vs the S&P 500 (ETFIQ)95.2%
Already in the Nasdaq-100, by weight (ETFIQ)25.9%

Questions people ask about SMRI

How has SMRI performed?
Over the year to Oct 9, 2026, SMRI returned +35.5% with distributions reinvested, against +17.3% for the S&P 500. Over three years the figure is +95.3%.
What does SMRI cost?
The prospectus expense ratio is 0.71% a year.
What does SMRI hold?
50 positions as filed for Jul 31, 2026, with the top ten at 23.4% of the fund. 84% of its weight is in stocks the S&P 500 also holds.
How far is SMRI below its high?
5.8% below its high of Sep 3, 2026, measured on the reinvested series to Oct 9, 2026.
Sources and dates
Prices, SMRI and S&P 500 (SPY)Tiingo end-of-day · Oct 9, 2026
Fee, 0.71%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $644mSEC filing, whole fund · Jul 31, 2026
HoldingsHoldings filing (SEC Form N-PORT) · Jul 31, 2026 ↗
All fund filingsFund filings on SEC EDGAR ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement.

How these figures are computed →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, SMRI, stock fund, data as of Oct 9, 2026. https://etfiq.com/funds/smri

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

Get the weekly ETF note

Four ranked ETF lists in one email every Friday morning. Free, with no recommendations. The last note

Confirm from the link that arrives, and unsubscribe in one click. See Privacy.