Subversive Mental Health ETF

Frequently Asked Questions About SANE

What does SANE invest in?

The fund is an actively managed ETF that seeks to achieve its investment objective by investing under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of Mental Health Companies. The fund’s investments in foreign securities may include ADRs, GDRs, IDRs, U.S. dollar denominated foreign securities, direct foreign securities purchased on a foreign exchange, and securities of companies incorporated outside the United States. It is non-diversified.

What is the expense ratio of SANE?

Subversive Mental Health ETF (SANE) charges an expense ratio of 0.76%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SANE?

Subversive Mental Health ETF (SANE) manages $603,803 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 SANE actively managed or an index fund?

SANE is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SANE's is 0.76%) in exchange for the discretion to over- or under-weight positions.

When was SANE launched?

Subversive Mental Health ETF (SANE) launched in December 2022 and is managed by Subversive.

How has SANE performed?

SANE'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.