# USAF (Atlas America Fund)

not established · Allocation ETFs · Moderately conservative · data as of Nov 12, 2026

USAF returned +2.5% over the year to Nov 12, 2026, charges 0.94% a year and holds $18m in net assets on Jun 30, 2026.

Promise check: Not measured. Its name states no stock share or band. https://etfiq.com/promise-index/allocation/

USAF is actively managed and returned +2.5% over the past year.

## Key facts

- USAF, total return, 1 year: +2.5%, as of Nov 12, 2026.
- USAF, expense ratio: 0.94%, as of Oct 28, 2026.
- USAF, holdings: 61, as of Jun 30, 2026.
- USAF, below its high: −3.8%, as of Nov 12, 2026.
- USAF, 12-month yield, capital gains included, on its starting price: 2.4%, as of Nov 12, 2026.
- USAF, last payment, ex-date Dec 30, 2025: $0.67, as of Dec 30, 2025.
- USAF, net assets: $18m (SEC filing, whole fund, as filed for Jun 30, 2026).

## USAF over each window to Nov 12, 2026

| Window | Total return | S&P 500 (SPY) |
| --- | --- | --- |
| 1 month | −1.6% | −2.7% |
| 3 months | −2.7% | −2.4% |
| 6 months | −0.4% | +1.7% |
| Year to date | +2.4% | +11.9% |
| 1 year | +2.5% | +12.0% |
| Since launch | +12.0% | +31.2% |
| Since launch, annualised | +5.9% | – |

## USAF key stats

- 52-week high, daily closes to Nov 12, 2026: $28.55 on Aug 27, 2026 (computed by ETFIQ from Tiingo daily prices)
- 52-week low, daily closes to Nov 12, 2026: $26.80 on Dec 31, 2025 (computed by ETFIQ from Tiingo daily prices)
- Close on Nov 12, 2026, within that range: $27.46, 38% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)
- Holdings: 61
- Top ten weight: 67.6%

## USAF trading

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

## USAF 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>)
- USAF 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 | No index, actively managed | ETFIQ |
| Fund type | Allocation fund | ETFIQ |
| Category | Allocation · Moderately conservative | ETFIQ |
| Expense ratio | 0.94% | 485BPOS XBRL, Oct 28, 2026 |
| Price | $27.46 | ETFIQ |
| First traded | Nov 20, 2024 | ETFIQ |
| Net assets | $18m | SEC filing, whole fund, as filed for Jun 30, 2026 |
| Benchmark | Its own holdings, as of Jun 30, 2026; its shareholder report compares it with the S&P 500 Total Return Index, but its daily returns fit VOO's at R-squared 0.106 over the year to Nov 12, 2026 (251 days), under the 0.35 it needs to return to it | ETFIQ, from its filings |
| Stated benchmark | S&P 500 Total Return Index (from its shareholder report), priced by VOO | secondary |
| USAF, 1 year to Nov 12, 2026 | +2.5% | secondary |
| VOO, the same days | +12.1% | secondary |
| Against its stated benchmark, 1 year | −9.6 pts | secondary |
| Daily R-squared against VOO, 1 year to Nov 12, 2026 | 0.11 | secondary |
| Below its high | −3.8% | ETFIQ |
| Holdings | 61 | ETFIQ |
| Top ten weight | 67.6% | ETFIQ |
| Cash, not in the top ten | 7.5% | ETFIQ |
| Holdings as of | Jun 30, 2026 | SEC N-PORT |
| Already in the S&P 500, by weight | 9.3% | ETFIQ |
| Active share vs the S&P 500 | 99.3% | ETFIQ |
| Already in the Nasdaq-100, by weight | 0.0% | ETFIQ |
| Promise check | Not measured. Its name states no stock share or band. | ETFIQ |

## Questions

### How has USAF performed?

Over the year to Nov 12, 2026, USAF returned +2.5% with distributions reinvested.

### What does USAF cost?

The prospectus expense ratio is 0.94% a year.

### What does USAF hold?

61 positions as filed for Jun 30, 2026, with the top ten at 67.6% of the fund. 9% of its weight is in stocks the S&P 500 also holds.

### How far is USAF below its high?

3.8% below its high of Aug 27, 2026, measured on the reinvested series to Nov 12, 2026.


## Cite this page

ETFIQ, USAF, allocation fund, data as of Nov 12, 2026. https://etfiq.com/funds/usaf
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/>.

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