RULE ETF — Adaptive Core ETF

Adaptive Core ETF (RULE)

Updated October 16, 2026.

RULE is an ETF. its expense ratio is 1.84%. Total return is 19.0% over the past 5 years, 57.7 points behind SPY at 76.7%.

Adaptive Core ETF is a fund that invests in individual equity securities across all market capitalizations alongside equity and fixed-income ETFs, with flexibility to hold securities from any geography or credit quality, including below-investment-grade bonds. The fund does not currently distribute to shareholders; a recent special distribution should not be expected to recur. The fund carries an expense ratio of 1.84% and may appeal to investors seeking a diversified, flexible equity strategy without reliance on regular income distributions.

RULE performance versus SPY

Price and return data through 2026-10-16.

Total return is 19.0% over the past 5 years, 57.7 points behind SPY at 76.7%. Over the past year its total return — price change plus distributions reinvested — is 28.2%. Its deepest 1-year drawdown was 19.5%.

RULE key facts

Issuer

Mohrfunds

Asset type

ETF

Asset class

Equity

Inception date

11/02/2021

Expense ratio

1.84%

Distribution frequency

None

Last close

$29.16 (as of 2026-10-16)

AUM

$17,985,040

Average volume

3022.0

Ex-dividend date

12/19/2023

Payment date

12/21/2023

Beta

1.6

How Dividend Vision calculates yield and returns

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

RULE risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 19.5%.

Who may consider RULE — and who may not

It is a weaker fit for investors who need monthly cash flow (RULE does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on RULE

• All tickers starting with R

Frequently asked questions

More securities from Mohrfunds.