APUE blends active and passive management in a broad stock market universe. Fundamental metrics are slightly better than those of the benchmark, but performance is almost identical. The track record of APUE is too short to assess its strategy, but for now, it looks average compared to competitors charging lower fees.
The active and passive ETF divide has become more and more important in the investing landscape. With ETFs slowly but surely eating away at mutual funds' popularity, save for retirement funds, the cleavage between active and passive strategies has taken on a bigger role.
| ARCA Exchange | US Country |
The fund represents an innovative approach to investing, combining both active and passive investment strategies within the framework of an Exchange-Traded Fund (ETF). This dual approach is designed to optimize costs, improve tracking accuracy, and enhance potential returns relative to its benchmark index, the CRSP U.S. Total Market Index. The fund mainly focuses on investing in equity securities of U.S. companies that are included in the benchmark index, ensuring at least 80% of its net assets, along with any borrowed money for investment purposes, are allocated in such securities under normal market conditions.
The fund offers a unique investment product that blends traditional and innovative investment strategies: