Academy Veteran Impact ETF (NYSEARCA: VETZ) is an actively managed exchange-traded fund that primarily invests in U.S. dollar-denominated, investment-grade fixed income securities supporting U.S. service members, military veterans, their survivors, and veteran-owned businesses; its portfolio consists mainly of mortgage-backed securities issued or guaranteed by the Government National Mortgage Association (Ginnie Mae), Small Business Administration (SBA) pool loans, high-quality short-term instruments such as U.S. Treasury securities and repurchase agreements, and limited allocations to open-ended funds and cash equivalents. Launched on August 1, 2023, the ETF is issued by Tidal ETF Trust (formerly Tidal Financial Group), with Academy Asset Management LLC serving as sub-adviser and Toroso Investments, LLC as investment adviser; Academy Asset Management, the nation's first post-9/11 service-disabled veteran-owned institutional asset manager, maintains headquarters in New York with additional offices in Chicago, San Diego, and Chapel Hill, North Carolina, and directs at least 80% of assets toward veteran-focused loans while donating a portion of management fees to veteran-related charities via the Bob Woodruff Foundation. The fund targets institutional and retail investors seeking fixed-income exposure with social impact, operating exclusively in U.S. markets with an expense ratio of 0.35%. Recent developments include its selection for Betterment's Social Impact portfolio in November 2024, marking the first model portfolio availability and expanding access for diversified veteran-supporting investments; in November 2025, Siebert Financial Corp. announced a strategic partnership integrating VETZ into its Patriot Portfolio, with targeted allocations across advisory programs, co-branded financial education initiatives, and media collaborations on veteran storytelling via platforms like the Tactical Wealth podcast.