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Applied Finance IVS US SMID (IVSS) ETF Holdings & Analysis
ETFOther
What IVSS does
The IVSS ETF is an actively managed fund primarily dedicating around 80% of its total assets to equity securities of U.S. small and mid-sized companies. These are defined as firms with market capitalizations below $15 billion at the time of acquisition, which the strategy anticipates offer the potential for higher-than-average returns. Its investment approach is guided by an Intrinsic Value Stewardship (IVS) analytical framework, which systematically evaluates key corporate health indicators such as profitability metrics, competitive landscape, growth trajectories, cost of capital, and capital structure. The portfolio typically encompasses a minimum of 150 holdings, spread across diverse sectors. However, it retains the flexibility to establish concentrated positions, potentially exceeding 5% in specific companies or industries. Given its non-diversified status, the fund generally holds a more focused selection of securities compared to its diversified counterparts. Additionally, the fund's mandate permits investment in a range of other instruments, including convertible bonds, preferred shares, rights, warrants, real estate investment trusts (REITs), and American Depositary Receipts (ADRs).
Fund profile
Top holdings
| Holding | Weight | |
|---|---|---|
| CASH AND CASH EQUIVALENTS | 3.62% | |
| DAVE INC. | 1.78% | |
| INTERDIGITAL INC | 1.75% | |
| PJT PARTNERS INC - A | 1.67% | |
| HEALTHEQUITY INC | 1.59% | |
| STERLING INFRASTRUCTURE INC COMMON STOCK USD.01 | 1.59% | |
| SEZZLE INC. | 1.46% | |
| BRIGHTSPRING HLTH SERVICES INC | 1.36% | |
| MERCURY GENERAL CORP | 1.24% | |
| ACI WORLDWIDE INC | 1.24% |
Geographic allocation
| United States | 90.59% |
| Other | 3.66% |
| Bermuda | 3.01% |
| Monaco | 0.72% |
| Ireland | 0.53% |
| Puerto Rico | 0.38% |
| United Kingdom | 0.34% |
| France | 0.32% |
| Israel | 0.27% |
| Canada | 0.12% |
PortView Portfolio Insights
PortView analyzes how IVSS fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.
Analyze IVSS in PortView →Related securities
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Frequently asked questions
- What does IVSS track?
- IVSS is the Applied Finance IVS US SMID ETF, a Other ETF.
- What is the expense ratio of IVSS?
- Expense ratio data for IVSS is shown on the page when available from our data provider.
- What are the largest holdings in IVSS?
- Top holdings include CASH AND CASH EQUIVALENTS, DAVE, IDCC, PJT, HQY.
- How can PortView analyze IVSS overlap with other ETFs?
- PortView computes the holdings overlap between IVSS and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.
The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.