Euclid Capital Growth ETF (EUCG), a multi-asset target outcome exchange-traded fund, seeks capital appreciation through dynamic allocation strategies utilizing systematic trend-following techniques across public equity and fixed income markets globally. The fund primarily invests in low-cost, index-based exchange-traded funds covering dividend-paying growth and value stocks across diversified market capitalizations, real estate companies including real estate investment trusts (REITs), and master limited partnerships (MLPs); it maintains blended development exposure with a focus on asset allocation and no specific benchmark. Launched on December 31, 2020, and traded on the BATS exchange under the ticker EUCG (ISIN: US8863647512), the ETF is advised by Toroso Investments, LLC, administered by Tidal ETF Services LLC, and custodied by U.S. Bank, N.A., with a net expense ratio of 0.82% and assets under management of approximately $8.20 million as of mid-2025.
In a significant operational change, the Board of Trustees of the Tidal ETF Trust approved the liquidation and closure of the Euclid Capital Growth ETF in July 2022, following a recommendation from adviser Toroso Investments LLC, with trading ceasing on July 28, 2022, and final distributions completed by early August 2022 to better serve shareholder interests amid low viability. No major restarts, relaunches, partnerships, acquisitions, funding rounds, or new product offerings have been reported since the closure, reflecting a strategic wind-down rather than expansion or reorganization. The fund operated from Toroso's headquarters at 4851 LBJ Freeway, Suite 850, Dallas, Texas 75244, targeting global institutional and retail investors seeking diversified growth exposure.