NDOW ETF — Anydrus Advantage ETF

Anydrus Advantage ETF (NDOW)

Updated October 16, 2026.

NDOW is an ETF. its distribution rate is 1.17%, its trailing-12-month yield is 1.19%, its expense ratio is 2.11%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 16.9% over the past 2.4 years, 33.3 points behind SPY at 50.2%.

Anydrus Advantage ETF is an actively managed ETF that seeks attractive risk-adjusted returns by investing across a diversified mix of equity securities, fixed income securities, and other ETFs, with a focus on reducing correlation to traditional U.S. stock and bond markets and generating alternative return sources. The fund carries a modest distribution rate and an expense ratio of 2.11%. It may appeal to investors seeking broad diversification across multiple asset classes with reduced exposure to conventional U.S. market movements.

NDOW performance versus SPY

Price and return data through 2026-10-16.

Total return is 16.9% over the past 2.4 years, 33.3 points behind SPY at 50.2%. Over the past year its total return — price change plus distributions reinvested — is 6.7%. Its deepest 1-year drawdown was 7.2%.

NDOW key facts

Distribution Safety Score™

50 · Unproven

Issuer

Anydrus

Asset type

ETF

Asset class

Equity

Inception date

05/13/2024

Expense ratio

2.11%

Distribution rate

1.17%

Trailing yield

1.19%

Last close

$28.63 (as of 2026-10-16)

AUM

$68,345,124

Average volume

5852.0

Dividend

$0.342

Ex-dividend date

12/16/2025

Beta

0.6469

How Dividend Vision calculates yield and returns

Distribution rate (1.17%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.19%) 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: Anydrus; 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.

NDOW risks and drawbacks

NDOW's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.2%.

Who may consider NDOW — and who may not

It is a weaker fit for 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 NDOW

• All tickers starting with N

Frequently asked questions

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