Key stats
About Bushido Capital US SMID Cap Equity ETF
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Inception date
May 14, 2025
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Empowered Funds LLC
Distributor
Quasar Distributors LLC
RNIN utilizes a systematic, fundamental value approach in selecting 100 small- to mid-cap stocks. The actively managed ETF identifies undervalued stocks using free cash flow and earnings-based valuation metrics. The strategy combines quantitative and qualitative analyses to adapt to various economic conditions throughout a full market cycle. The fund screens US-listed small- and mid-cap companies while excluding financial firms and unprofitable businesses. The process further narrows companies down to about 200 based on profitability, valuation, and capital allocation metrics. Companies are evaluated using financial statements, event transcripts, investor presentations, and other filings. Combined with its qualitative analysis, a discounted cash flow valuation is used to quantify a companys intrinsic value. The fund finally selects stocks identified to have attractive prices relative to the market. The fund may invest in other ETFs.
Classification
What's in the fund
Exposure type
Finance
ETF
Stock breakdown by region
Top 10 holdings