Defiance Next Gen Food & Agriculture ETF

Frequently Asked Questions About DIET

What does DIET invest in?

The investment seeks to track the total return performance, before fees and expenses, of the Bluestar Food and Agriculture Sustainability Index. The index is a rules-based index that consists of a tiered, modified market capitalization-weighted portfolio of globally-listed common equity securities of companies that derive a majority of their revenue from the activities, products, or services. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index or in depositary receipts representing such component securities. It is non-diversified.

What is the expense ratio of DIET?

Defiance Next Gen Food & Agriculture ETF (DIET) charges an expense ratio of 0.30%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DIET?

Defiance Next Gen Food & Agriculture ETF (DIET) manages $2.3M 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 DIET actively managed or an index fund?

DIET is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (DIET's is 0.30%) because there's no security selection cost.

When was DIET launched?

Defiance Next Gen Food & Agriculture ETF (DIET) launched in November 2019 and is managed by Defiance.

How has DIET performed?

DIET'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.