CornerCap Fundametrics Large-Cap ETF (FUNL) is an actively managed exchange-traded fund that applies a proprietary fundamentals-based investment methodology to select and weight large-cap U.S. equities, seeking to outperform the Russell 1000 Index through enhanced returns and risk-adjusted performance. The fund's core offerings include systematic screening of approximately 500 large-cap securities based on multi-factor fundamentals models evaluating metrics such as profitability, financial strength, earnings quality, and valuation; quantitative portfolio construction with sector and position constraints; and daily liquidity via NYSE Arca trading under ticker FUNL. FUNL targets institutional and retail investors seeking large-cap equity exposure with a fundamentals-driven approach, operating primarily in the U.S. market across diversified sectors including technology, financials, healthcare, and consumer discretionary.
Launched in 2021 by Cornercap Investment Management, LLC and headquartered in Tampa, Florida, the ETF benefits from Cornercap's expertise in fundamentals-oriented active management, with no subsidiaries or parent company relationships disclosed for FUNL itself. Recent developments include expanded assets under management surpassing $100 million as of late 2025 amid growing investor interest in active ETFs; a strategic partnership with leading ETF market makers to enhance liquidity and trading efficiency; and the introduction of enhanced model updates incorporating ESG-aware fundamentals filters without compromising core return objectives. No major acquisitions, funding rounds, or name changes have occurred in the last 1-2 years, reflecting stable operations focused on methodology refinement and performance attribution analysis.