# Sparkline Intangible Value ETF (ITAN): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/itan for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Sparkline · Asset class: Equity - Strategy: Thematic · Inception: 2021-06-28 The fund is an actively-managed exchange-traded fund (“ETF”). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the “Sub-Adviser”) believes are attractive relative to its proprietary measure of “intangible-augmented intrinsic value.” The fund’s investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors. ## Key Facts | Metric | Value | |---|---| | Price | $45.32 | | Expense Ratio | 0.50% | | Assets Under Management | $123.4M | | NAV | $45.20 | | Holdings Count | 154 | | Distribution Yield (TTM) | 0.97% | | Annual Distribution (TTM) | $0.44 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $34.22 – $45.54 | | Beta | 1.09 | ## Latest Distribution - Amount: $0.1402 /share - Ex-date: 2026-09-28 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does ITAN invest in? The fund is an actively-managed exchange-traded fund (“ETF”). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the “Sub-Adviser”) believes are attractive relative to its proprietary measure of “intangible-augmented intrinsic value.” The fund’s investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors. ### What is the expense ratio of ITAN? Sparkline Intangible Value ETF (ITAN) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is ITAN? Sparkline Intangible Value ETF (ITAN) manages $123.4M 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 ITAN actively managed or an index fund? ITAN's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was ITAN launched? Sparkline Intangible Value ETF (ITAN) launched in June 2021 and is managed by Sparkline. ### How has ITAN performed? ITAN'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. ### Does ITAN pay a dividend? Sparkline Intangible Value ETF (ITAN) currently distributes little or no income. Trailing-twelve-month yield is 0.97%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does ITAN pay dividends? Sparkline Intangible Value ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is ITAN's dividend yield? ITAN's trailing-twelve-month yield is 0.97%, calculated from the sum of dividends over the past year divided by the current price. ### When is ITAN's next ex-dividend date? The most recently announced ex-dividend date for ITAN was 2026-09-28. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will ITAN's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.50% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does ITAN charge its expense ratio? The expense ratio is deducted in tiny daily slices from ITAN's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does ITAN cost more than a fund like VOO? ITAN's strategy (current expense ratio 0.50%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where ITAN sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to ITAN? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as ITAN (0.50%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/itan - Distribution history: https://www.dividenddata.com/funds/itan/dividend - Holdings & diversification: https://www.dividenddata.com/funds/itan/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/itan/expenses - Peer comparison: https://www.dividenddata.com/funds/itan/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.