Bushido Capital US Equity ETF (SMRI)

Assets	$511.28M
Expense Ratio	0.71%
PE Ratio	16.37
Shares Out	14.14M
Dividend (ttm)	$0.48
Dividend Yield	1.34%
Ex-Dividend Date	Dec 23, 2025
Payout Frequency	Quarterly
Payout Ratio	21.89%

Volume	50,319
Open	35.60
Previous Close	35.74
Day's Range	35.59 - 35.70
52-Week Low	26.95
52-Week High	37.19
Beta	0.89
Holdings	52
Inception Date	Sep 14, 2023

About SMRI

Fund Home Page

The Bushido Capital US Equity ETF (SMRI) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages an equally weighted portfolio of 30 to 50 US stocks believed to be undervalued but financially attractive. The funds stock selection involves a fundamental value approach. SMRI was launched on Sep 14, 2023 and is issued by Bushido.

• Asset Class: Equity
• Category: Mid-Cap Value
• Region: North America
• Stock Exchange: NASDAQ
• Ticker Symbol: SMRI
• ETF Provider: Bushido

Top 10 Holdings

23.81% of assets

Name	Symbol	Weight
Dell Technologies Inc.	DELL	2.62%
Tenet Healthcare Corporation	THC	2.50%
Diamondback Energy, Inc.	FANG	2.41%
Marathon Petroleum Corporation	MPC	2.41%
Devon Energy Corporation	DVN	2.39%
Coterra Energy Inc.	CTRA	2.33%
Royalty Pharma plc	RPRX	2.33%
Chevron Corporation	CVX	2.27%
Valero Energy Corporation	VLO	2.27%
United Therapeutics Corporation	UTHR	2.27%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 23, 2025	$0.13447	Dec 24, 2025
Sep 29, 2025	$0.14942	Sep 30, 2025
Jun 27, 2025	$0.05509	Jun 30, 2025
Mar 28, 2025	$0.1386	Mar 31, 2025
Dec 30, 2024	$0.30629	Dec 31, 2024
Dec 20, 2023	$0.11857	Dec 22, 2023

Performance

SMRI had a total return of 15.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.26%.