APUE ETF — ActivePassive U.S. Equity ETF

ActivePassive U.S. Equity ETF (APUE)

Updated October 2, 2026.

APUE is an ETF. its distribution rate is 0.73%, its trailing-12-month yield is 0.73%, its expense ratio is 0.31%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 96.5% over the past 3.4 years, 0.5 points behind SPY at 97.0%.

At the current 0.73% distribution rate, a $10,000 investment would generate approximately $73 per year if the next payment matches the last regular one.

ActivePassive U.S. Equity ETF is an actively-managed fund that blends active and passive investment strategies, investing at least 80% of assets in U.S. equities from the CRSP U.S. Total Market Index to optimize costs and returns relative to its benchmark. The fund has a modest distribution rate with annual distributions and carries an expense ratio of 0.31%. It appeals to equity investors seeking broad U.S. market exposure combined with active management oversight.

APUE performance versus SPY

Price and return data through 2026-10-02.

Total return is 96.5% over the past 3.4 years, 0.5 points behind SPY at 97.0%. Over the past year its total return — price change plus distributions reinvested — is 16.9%. Its deepest 1-year drawdown was 9.0%.

APUE key facts

Distribution Safety Score™

50 · Unproven

Issuer

iMGP

Asset type

ETF

Asset class

Equity

Inception date

05/02/2023

Expense ratio

0.31%

Distribution rate

0.73%

Distribution frequency

Annual

Trailing yield

0.73%

Last close

$47.51 (as of 2026-10-02)

AUM

$2,513,720,327

Average volume

90200.0

Last dividend

$0.347

Last ex-dividend date

12/23/2025

Last payment date

12/24/2025 (as of 2025-12-24)

Beta

1.0

P/E ratio

23.4716

How Dividend Vision calculates yield and returns

Distribution rate (0.73%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.73%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: iMGP; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

APUE risks and drawbacks

APUE's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.0%.

Who may consider APUE — and who may not

It is a weaker fit for investors who need monthly cash flow (APUE pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from iMGP.