Tidal Trust III - The BeeHive ETF

Frequently Asked Questions About BEEX

What does BEEX invest in?

BEEX focuses on large and mid-cap US equity securities, primarily investing in companies that demonstrate competitive advantages. It also has the flexibility to include small-cap stocks, foreign securities, and domestic fixed-income securities like high-yield bonds. The approach is quite intentional, emphasizing specific security selection over asset allocation to support long-term growth. The sub-adviser takes a deep-dive research method, analyzing company filings and having discussions with management to grasp each companys industry standing better. They look for firms with dynamic business models and potential catalysts for unlocking value, placing a preference on those with favorable risk-return profiles over a three-year horizon. The fund can concentrate more than 25% of its assets in a single sector when it sees fit. Securities are regularly assessed and may be sold if a better opportunity comes along. The fund converted from a mutual fund to an ETF with $171 million in assets.

What is the expense ratio of BEEX?

Tidal Trust III - The BeeHive ETF (BEEX) charges an expense ratio of 0.84%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BEEX?

Tidal Trust III - The BeeHive ETF (BEEX) manages $190.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is BEEX actively managed or an index fund?

BEEX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BEEX's is 0.84%) in exchange for the discretion to over- or under-weight positions.

When was BEEX launched?

Tidal Trust III - The BeeHive ETF (BEEX) launched in December 2024 and is managed by Cannell & Spears.

How has BEEX performed?

BEEX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.