VPX ETF — Variant Perception Cycle Aware US Equity ETF

Variant Perception Cycle Aware US Equity ETF (VPX)

Updated October 16, 2026.

VPX is an ETF. its expense ratio is 0.75%. Total return is 25.3% over the past 0.6 years, 9.8 points ahead of SPY at 15.5%.

Variant Perception Cycle Aware US Equity ETF is an actively managed exchange-traded fund that invests primarily in equity securities of U.S. companies, with a non-diversified portfolio structure. The fund carries an expense ratio of 0.75% and does not maintain an established distribution schedule. This ETF may appeal to investors seeking active management of U.S. equity exposure with a cycle-aware investment approach.

VPX performance versus SPY

Price and return data through 2026-10-16.

Total return is 25.3% over the past 0.6 years, 9.8 points ahead of SPY at 15.5%.

VPX key facts

Issuer

ETF Architect

Asset type

ETF

Asset class

Equity

Inception date

03/11/2026

Expense ratio

0.75%

Distribution frequency

None

Last close

$30.77 (as of 2026-10-16)

AUM

$67,753,094

Average volume

9421.0

Beta

1.0123

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: ETF Architect; 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.

Who may consider VPX — and who may not

It is a weaker fit for investors who need monthly cash flow (VPX does not currently distribute). This is educational context, not a recommendation to buy or sell.

More on VPX

• All tickers starting with V

Frequently asked questions

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