Dana Unconstrained Equity ETF

Frequently Asked Questions About DUNK

What does DUNK invest in?

The DUNK ETF strategically allocates its capital to enterprises actively leading or effectively adjusting to significant transformative trends. These encompass sectors such as online commerce, distributed computing, digital advertising, electric vehicles, biotechnology, and artificial intelligence. The fund maintains a concentrated portfolio, typically holding 15 to 30 equities. These holdings are chosen based on strong financial underpinnings, prudent valuation, and their connection to long-term profitability within these innovative domains. While its primary emphasis is on large, established companies, the ETF has the flexibility to invest in smaller firms and can incorporate international exposure through depositary receipts or holdings in developing markets when deemed appropriate. To mitigate risk, no individual position will surpass 15% of total assets. Additionally, up to 20% of the fund's assets may be held in cash, providing tactical flexibility. This conviction-based methodology allows the portfolio to adapt rapidly and capitalize on new opportunities as they emerge across diverse industries. By pairing strict valuation discipline with a sharp focus on disruptive growth, the strategy aims to capture gains driven by innovation while simultaneously minimizing the risk of overpaying for currently popular market themes.

What is the expense ratio of DUNK?

Dana Unconstrained Equity ETF (DUNK) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DUNK?

Dana Unconstrained Equity ETF (DUNK) manages $164.8M 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 DUNK actively managed or an index fund?

DUNK's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was DUNK launched?

Dana Unconstrained Equity ETF (DUNK) launched in September 2025 and is managed by Dana.

How has DUNK performed?

DUNK'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.