Overview
Balance-sheet aristocrats — 52 large caps screened for cash on hand, low debt and low volatility, equal-weighted into one of the market's steadiest core funds.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| ADP | Automatic Data Processing | 2.1% |
| LMT | Lockheed Martin | 2.1% |
| NOC | Northrop Grumman | 2.1% |
| VRTX | Vertex Pharmaceuticals | 2.1% |
| MMM | 3M Company | 2.1% |
| CSX | CSX Corp. | 2.1% |
| MRSH | Marsh & McLennan | 2.1% |
| PEP | PepsiCo | 2.1% |
| HD | Home Depot | 2.1% |
| CINF | Cincinnati Financial | 2.0% |
Fund Details
Investment Thesis
The screen asks one question: who can fund themselves through anything? $1B+ in cash, minimal leverage and proven stability produce a defence-and-staples-tinted book that holds up when leverage gets punished. $7.9B of assets attest to the appeal: near-market returns with visibly shallower drawdowns, the equal-weight construction spreading the safety across 52 names rather than betting on a few megacaps' fortunes.
Who It's For
Conservative equity investors who want large-cap exposure through fortress balance sheets — the sleep-at-night core holding.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | $40.81 | -- |
| 2017 | $51.01 | +25.0% |
| 2018 | $48.28 | -5.4% |
| 2019 | $60.36 | +25.0% |
| 2020 | $67.50 | +11.8% |
| 2021 | $84.55 | +25.3% |
| 2022 | $74.95 | -11.4% |
| 2023 | $80.04 | +6.8% |
| 2024 | $87.82 | +9.7% |
| 2025 | $92.51 | +5.3% |
| Year | Yield |
|---|---|
| 2016 | 1.26% |
| 2017 | 1.26% |
| 2018 | 1.20% |
| 2019 | 1.35% |
| 2020 | 1.09% |
| 2021 | 1.19% |
| 2022 | 1.28% |
| 2023 | 1.58% |
| 2024 | 1.34% |
| 2025 | 1.06% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | $3.1B | -- |
| 2017 | $3.9B | +25.8% |
| 2018 | $3.8B | -2.6% |
| 2019 | $4.8B | +26.3% |
| 2020 | $5.4B | +12.5% |
| 2021 | $6.9B | +27.8% |
| 2022 | $6.2B | -10.1% |
| 2023 | $6.7B | +8.1% |
| 2024 | $7.4B | +10.4% |
| 2025 | $7.9B | +6.8% |
Price history from exchange data. Dividend yields from reported distributions; some earlier years are derived from total-return vs price-return data or are ETFHub estimates. AUM history is an ETFHub estimate modelled from current assets and annual returns (fund flows not reflected) and may differ from official fund records. Data as of October 2026.
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