ELM ETF — Elm Market Navigator ETF

Elm Market Navigator ETF (ELM)

Updated October 16, 2026.

ELM is an ETF. its distribution rate is 0.45%, its trailing-12-month yield is 2.53%, its expense ratio is 0.24%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 19.8% over the past 1.7 years, 8.8 points behind SPY at 28.6%.

Elm Market Navigator ETF is an actively managed fund of funds that builds a dynamic portfolio from other registered investment companies—including mutual funds, ETFs, and actively managed ETFs—to gain exposure to both equity and fixed income markets. The fund carries a modest expense ratio of 0.24% and currently distributes at a moderate rate. It appeals to investors seeking diversified market exposure through a multi-strategy approach managed by professional advisors.

ELM performance versus SPY

Price and return data through 2026-10-16.

Total return is 19.8% over the past 1.7 years, 8.8 points behind SPY at 28.6%. Over the past year its total return — price change plus distributions reinvested — is 9.2%. Its deepest 1-year drawdown was 7.5%.

ELM key facts

Distribution Safety Score™

50 · Unproven

Issuer

Elm Partners Management LLC

Asset type

ETF

Asset class

Equity

Inception date

02/10/2025

Expense ratio

0.24%

Distribution rate

0.45%

Distribution frequency

Annual

Trailing yield

2.53%

Last close

$29.17 (as of 2026-10-16)

AUM

$598,100,074

Average volume

19912.0

Dividend

$0.13

Ex-dividend date

12/31/2025

Payment date

01/02/2026

Beta

0.6905

How Dividend Vision calculates yield and returns

Distribution rate (0.45%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.53%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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: Elm Partners Management LLC; 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.

ELM risks and drawbacks

ELM'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 7.5%.

Who may consider ELM — and who may not

It is a weaker fit for investors who need monthly cash flow (ELM 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.

More on ELM

• All tickers starting with E

Frequently asked questions

More securities from Elm Partners Management LLC.