# North Shore Equity Rotation ETF (KOOL): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/kool for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: North Shore · Asset class: Equity - Strategy: Passive Index · Inception: 2024-04-01 KOOL aims to outperform the S&P 500 by dynamically allocating a global equity portfolio. The strategy aims to favor sectors historically known for strong performance across the business cycle phases: recession, recovery, expansion, and slowdown. It involves economic indicators and market trends, including current and forward-looking metrics to pinpoint these stages. This approach is reviewed monthly to ensure the portfolio remains aligned with changing economic conditions and market dynamics. Portfolio selection blends fundamental and technical analysis, along with top-down macroeconomic in... ## Key Facts | Metric | Value | |---|---| | Price | $14.34 | | Expense Ratio | 1.32% | | Assets Under Management | $57.4M | | NAV | $14.36 | | Holdings Count | 39 | | Distribution Yield (TTM) | 0.43% | | Annual Distribution (TTM) | $0.06 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $12.27 – $15.08 | | Beta | 0.94 | ## Latest Distribution - Amount: $0.0118 /share - Ex-date: 2026-09-29 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does KOOL invest in? KOOL aims to outperform the S&P 500 by dynamically allocating a global equity portfolio. The strategy aims to favor sectors historically known for strong performance across the business cycle phases: recession, recovery, expansion, and slowdown. It involves economic indicators and market trends, including current and forward-looking metrics to pinpoint these stages. This approach is reviewed monthly to ensure the portfolio remains aligned with changing economic conditions and market dynamics. Portfolio selection blends fundamental and technical analysis, along with top-down macroeconomic insights and industry trends such as GDP, employment, consumer spending, and inflation. It also utilizes both buy- and sell-side research to finalize the composition. Up to 20% of the assets may comprise fixed-income securities and option contracts to generate income and manage risks. Investments may include ETFs. ### What is the expense ratio of KOOL? North Shore Equity Rotation ETF (KOOL) charges an expense ratio of 1.32%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is KOOL? North Shore Equity Rotation ETF (KOOL) manages $57.4M 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 KOOL actively managed or an index fund? KOOL 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 (KOOL's is 1.32%) because there's no security selection cost. ### When was KOOL launched? North Shore Equity Rotation ETF (KOOL) launched in April 2024 and is managed by North Shore. ### How has KOOL performed? KOOL'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 KOOL pay a dividend? North Shore Equity Rotation ETF (KOOL) currently distributes little or no income. Trailing-twelve-month yield is 0.43%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does KOOL pay dividends? North Shore Equity Rotation 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 KOOL's dividend yield? KOOL's trailing-twelve-month yield is 0.43%, calculated from the sum of dividends over the past year divided by the current price. ### When is KOOL's next ex-dividend date? The most recently announced ex-dividend date for KOOL was 2026-09-29. 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 KOOL's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.32% 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 KOOL charge its expense ratio? The expense ratio is deducted in tiny daily slices from KOOL'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 KOOL cost more than a fund like VOO? KOOL is a passive index fund (current expense ratio 1.32%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to KOOL? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as KOOL (1.32%) 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/kool - Distribution history: https://www.dividenddata.com/funds/kool/dividend - Holdings & diversification: https://www.dividenddata.com/funds/kool/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/kool/expenses - Peer comparison: https://www.dividenddata.com/funds/kool/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.