Anydrus Advantage ETF
NDOW
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 500 Damonte Ranch Parkway, Bldg 700, Unit 700 Reno NV United States of America 89521
- IPO Date
- May 14, 2024
- Similar Companies
- Business
- Anydrus Advantage ETF is an actively managed exchange-traded fund advised by Collaborative Fund Advisors, LLC and headquartered in Reno, Nevada, that seeks total return through capital appreciation and income. The fund, launched on May 14, 2024, trades on Cboe BZX Exchange under ticker NDOW and is structured as an open-end investment company with a U.S. domicile and USD base currency. The ETF invests across a broad mix of asset classes, using a rules-based quantitative process combined with discretionary analysis to allocate among equity securities, fixed income securities and other ETFs; its underlying holdings may include domestic, foreign and emerging market stocks; U.S. bonds of varying credit quality and maturity; REITs; master limited partnerships; agency and mortgage-backed securities; managed futures; physical commodities; money market funds; and select direct investments in individual securities and bonds. The portfolio is designed to provide diversified exposure beyond U.S. stocks and bonds, with target allocation ranges of 30% to 70% in equity securities, 30% to 70% in fixed income securities, 0% to 30% in alternative assets, and 0% to 30% in cash and money market funds. Recent company and fund developments include a July 29, 2026 prospectus update, continued operation under Collaborative Fund Advisors, LLC, and a contractual fee waiver and expense reimbursement arrangement through at least July 31, 2027 that limits total annual operating expenses after waiver to 1.85%, versus reported total annual operating expenses of 2.11%. The fund’s latest disclosed reporting also shows active portfolio management with a fiscal-year-end portfolio turnover rate of 358%, while third-party market data sources indicate ongoing assets of roughly $65 million to €58 million and recent year-to-date performance and inflow activity as of May 2026 to September 2026.