Cultivar ETF (CVAR)

Assets	$37.51M
Expense Ratio	0.87%
PE Ratio	19.38
Shares Out	1.35M
Dividend (ttm)	$0.43
Dividend Yield	1.53%
Ex-Dividend Date	Dec 24, 2025
Payout Frequency	Annual
Payout Ratio	30.08%

Volume	4,200
Open	28.31
Previous Close	28.28
Day's Range	28.15 - 28.31
52-Week Low	23.21
52-Week High	30.46
Beta	0.82
Holdings	89
Inception Date	Dec 22, 2021

About CVAR

Fund Home Page

The Cultivar ETF (CVAR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that combines top-down and bottom-up analysis to select undervalued, US-listed stocks from a broad spectrum of industries and market-caps. CVAR was launched on Dec 22, 2021 and is issued by Cultivar.

• Asset Class: Equity
• Category: Mid-Cap Value
• Region: North America
• Stock Exchange: BATS
• Ticker Symbol: CVAR
• ETF Provider: Cultivar

Top 10 Holdings

29.62% of assets

Name	Symbol	Weight
MarketAxess Holdings Inc.	MKTX	4.81%
United States Treasury Bonds 2.875%	T.2.875 05.15.52	4.42%
Core Laboratories Inc.	CLB	3.59%
United States Treasury Bonds 4.625%	T.4.625 05.15.54	3.26%
Northwest Natural Holding Company	NWN	2.58%
Healthcare Services Group, Inc.	HCSG	2.43%
Albemarle Corporation	ALB	2.41%
Alexandria Real Estate Equities, Inc.	ARE	2.18%
The Hershey Company	HSY	2.07%
Barrick Mining Corporation	ABX	1.88%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 24, 2025	$0.43332	Dec 26, 2025
Dec 24, 2024	$0.89469	Dec 26, 2024
Dec 26, 2023	$0.35554	Dec 28, 2023
Dec 27, 2022	$1.26256	Dec 29, 2022

Performance

CVAR had a total return of 10.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.60%.