NDOW Anydrus Advantage ETF
NDOW is an actively managed ETF that takes advantage of an Endowment Model aligned with how some large institutions manage money. The fund aims for total return by investing in a broad range of asset classes from around the world, which includes equities, fixed income, physical commodities, and other ETFs. The portfolio is expected to tilt toward lower-risk investments, with more aggressive shifts during favorable market conditions. The fund selects assets by utilizing rules-based, quantitative systems and discretionary analysis. The portfolio is managed by analyzing an assets fundamental, market-related, technical, and statistical characteristics. With the flexibility to invest regardless of market capitalization, maturity, or credit quality, the fund targets for exposure of 30-70% in equities and/or fixed income, 0-30% alternative assets, and 0-70% in cash or money market funds. The fund may hedge up to 10% of the portfolio through futures contracts.
Performance
| 1M | 3M | YTD | 1Y | 3Y ann. | 5Y ann. | |
|---|---|---|---|---|---|---|
| NDOW | -1.3% | -3.6% | +3.2% | +3.9% | +4.2% | +2.5% |
| Multi-Asset average (189 funds) | -1.4% | -1.8% | +3.3% | +3.9% | +6.4% | +3.1% |
Insider activity in the holdings
Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: +$162K net.
Holdings · as of Nov 13, 2026
| # | Holding | Weight |
|---|---|---|
| 1 | FLOT ISHARES FLOATING RATE BOND E | 4.83% |
| 2 | JAAA JANUS HENDERSON AAA CLO ETF JANUS HENDERSON AAA CLO ETF | 4.77% |
| 3 | PAAA PGIM AAA CLO ETF | 4.58% |
| 4 | EMLC VANECK JPM EM LOCAL CURR BND | 4.02% |
| 5 | NDOW ALTSHARES MERGER ARBITRAG | 3.49% |
| 6 | NVDA NVIDIA CORP | 3.27% |
| 7 | AAPL APPLE INC | 3.22% |
| 8 | SCHO SCHWAB SHORT-TERM U.S ETF | 3.18% |
| 9 | FLSP FRANKLIN SYSTEMATIC STYLE | 3.17% |
| 10 | FTLS FIRST TRUST LONG/SHORT EQTY | 2.97% |
| 11 | MSFT MICROSOFT CORP | 2.77% |
| 12 | FLBL FRANKLIN SENIOR LOAN ETF FRANKLIN SENIOR LOAN ETF | 2.51% |
| 13 | FLRN SPDR BBG BARC IG FLOATING RT | 2.51% |
| 14 | GOOG ALPHABET INC-CL C | 2.25% |
| 15 | AMZN AMAZON.COM INC | 2.21% |
| 16 | ASML ASML HOLDING NV-NY REG SHS | 1.98% |
| 17 | GOVZ ISHARES 25+ YEAR TREASURY | 1.98% |
| 18 | TSM Taiwan Semiconductor Manufacturing Co. Ltd. Sponsored ADR | 1.87% |
| 19 | MNA IQ MERGER ARBITRAGE ETF | 1.79% |
| 20 | BTAL AGF US MARKET NEUTRAL ANT | 1.65% |
| 21 | DGS WISDOMTREE EM SMALL CAP | 1.58% |
| 22 | ABBV ABBVIE INC | 1.33% |
| 23 | MA MASTERCARD INC - A | 1.25% |
| 24 | JKHY JACK HENRY | 1.20% |
| 25 | SAP SAP SE Sponsored ADR | 1.14% |
| 26 | AVGO Broadcom Inc. | 1.11% |
| 27 | MCK MCKESSON CORP | 1.09% |
| 28 | JPM JPMORGAN CHASE & CO | 1.06% |
| 29 | PG PROCTER & GAMBLE CO/THE | 1.02% |
| 30 | MU MICRON TECHNOLOGY INC | 1.01% |
| 31 | KMB Kimberly-Clark Corp | 1.00% |
| 32 | MPWR MONOLITHIC POWER SYSTEMS INC | 0.95% |
| 33 | VRTX VERTEX PHARMACEUTICALS INC | 0.95% |
| 34 | NBIX NEUROCRINE BIOSCIENCES INC | 0.92% |
| 35 | MCD MCDONALDS CORP | 0.90% |
| 36 | LIN.DE LINDE PLC | 0.86% |
| 37 | CTAS CINTAS CORP | 0.86% |
| 38 | DHR DANAHER CORP | 0.86% |
| 39 | HIG HARTFORD FINANCIAL SVCS GRP | 0.85% |
| 40 | S SentinelOne Inc. Class A | 0.84% |
| 41 | ONC BEONE MEDICINES LTD | 0.83% |
| 42 | V VISA INC-CLASS A SHARES | 0.82% |
| 43 | JNJ JOHNSON & JOHNSON | 0.81% |
| 44 | VEEV VEEVA SYSTEMS INC-CLASS A | 0.81% |
| 45 | INFY Infosys Limited Sponsored ADR | 0.81% |
| 46 | NGG NATIONAL GRID PLC-SP ADR | 0.80% |
| 47 | UL UNILEVER PLC | 0.80% |
| 48 | BNY BANK OF NEW YORK MELLON CORP | 0.79% |
| 49 | BSX BOSTON SCIENTIFIC CORP | 0.78% |
| 50 | PEP PEPSICO INC | 0.73% |
| 51 | IBN ICICI Bank Limited (ADR) | 0.73% |
| 52 | MFG MIZUHO FINANCIAL GROUP-ADR | 0.71% |
| 53 | HLNE HAMILTON LANE INC CLASS A COMMON STOCK | 0.70% |
| 54 | ETR ENTERGY CORP | 0.69% |
| 55 | HTHIY HITACHI LTD -ADR | 0.68% |
| 56 | BP BP PLC-SPONS ADR | 0.68% |
| 57 | DIS WALT DISNEY CO/THE | 0.67% |
| 58 | HON HONEYWELL INTERNATIONAL INC HONIV | 0.65% |
| 59 | ATLKY ATLAS COPCO AB-SPONS ADR A | 0.65% |
| 60 | AZO AUTOZONE INC | 0.61% |
| 61 | TTE.PA TOTAL SA | 0.60% |
| 62 | RYCEY ROLLS-ROYCE HOLDINGS-SP ADR | 0.60% |
| 63 | DUK DUKE ENERGY CORP | 0.59% |
| 64 | ABNB AIRBNB INC | 0.59% |
| 65 | NEE NEXTERA ENERGY INC | 0.58% |
| 66 | ULTA Ulta Beauty Inc. | 0.52% |
| 67 | NFLX NETFLIX INC | 0.52% |
Sector breakdown
Country breakdown
Distributions
| Date | Per unit |
|---|---|
| Dec 16, 2025 | $0.3420 |
| Dec 27, 2024 | $0.0080 |
| Dec 17, 2024 | $0.3290 |
Members of Congress who disclosed this ETF
No member of Congress has disclosed a trade in NDOW in the filings we hold.
Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error