Morningstar Conservative ETF Asset Allocation Portfolio
Data updated: 2026-08-24
C000043416 — Morningstar Conservative ETF Asset Allocation Portfolio. Holdings, fees, performance and SEC filings.
C000043416 Fund Overview
Morningstar Conservative ETF Asset Allocation Portfolio is a US ETF managed by ALPS Variable Investment Trust, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: ALPS Variable Investment Trust
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $30.67M
- 1-year return: 7.6%
- SEC CIK: 0001382990
- SEC series ID: S000015810
- Share class ID: C000043416
C000043416 Investment Objective and Strategy
Morningstar Conservative ETF Asset Allocation Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by ALPS Variable Investment Trust.
Investment objective
The Portfolio seeks to provide investors with current income and preservation of capital.
Principal investment strategy
"The Portfolio invests, under normal circumstances, at least 80% of its net assets plus the amount of any borrowings for investment purposes, in securities of exchange-traded funds (each, an ""Underlying ETF"" and collectively, the ""Underlying ETFs""). For the purposes of this 80% investment policy, net assets are measured at the time of purchase. The Portfolio is a ""Fund-of-Funds"" and seeks to achieve its investment objective by investing primarily in a portfolio of Underlying ETFs. Each Underlying ETF, in turn, in an attempt to approximate the investment performance of its benchmark, invests in a variety of U.S. and foreign equity, debt, commodities, money market securities, futures, and other instruments. The investment policies of the various Underlying ETFs are described generally in the section called ""Information about the Underlying ETFs"" in the Portfolio's Prospectus.
The Portfolio may also seek to achieve its investment objective by investing in Exchange Traded Notes (""ETN""). ETNs are generally senior, unsecured, unsubordinated debt securities which are issued by a sponsor, and their returns are based on the performance of an underlying market index, usually in the natural resource or commodity markets, minus an annual expense or fee. The Portfolio typically expects to allocate its investments in Underlying ETFs such that 80% of such allocation is invested in Underlying ETFs that invest primarily in fixed-income securities and money market instruments (""Fixed-Income Underlying ETFs"") and approximately 20% of such allocation is invested in Underlying ETFs that invest primarily in equity securities of large, medium and small sized companies, and may include other investments such as commodities and commodity futures (""Non-Fixed Income Underlying ETFs"").
However, under normal market conditions, the Portfolio may from time to time invest approximately 65-95% of such allocation in Fixed-Income Underlying ETFs and 5-35% of such allocation in Non-Fixed Income Underlying ETFs."
C000043416 Holdings
Top 10 holdings of Morningstar Conservative ETF Asset Allocation Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Eaton Vance Total Return Bond Etf | 16.06% |
| Jpmorgan Core Plus Bond Etf | 13.10% |
| Vanguard Total Bond Market Etf | 10.03% |
| Ishares Core S&p 500 Etf | 7.03% |
| Vanguard Core-plus Bond Etf | 6.09% |
| Vanguard Short-term Bond Etf | 6.07% |
| Vanguard Total Stock Market Etf | 5.54% |
| State Street Spdr Portfolio Intermediate Term Corporate Bond Etf | 5.06% |
| Bondbloxx Bloomberg Five Year Target Duration Us Treasury Etf | 4.00% |
| Ishares Broad Usd High Yield Corporate Bond Etf | 3.94% |
C000043416 Portfolio Allocation
Asset-class allocation of Morningstar Conservative ETF Asset Allocation Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.5% |
| Cash & Equivalents | 1.5% |
C000043416 Performance
Total returns for C000043416 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 3.1% |
| 1 year | 7.6% |
| 3 years (annualised) | 7.4% |
| 5 years (annualised) | 2.7% |
C000043416 Risk Information
Risk metrics for C000043416, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.2%
C000043416 Costs and Fees
C000043416 costs about $58 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.58%
- Gross expense ratio: 0.68%
- Portfolio turnover: 19%
- Brokerage commissions: 0.35 bps of average net assets (SEC N-CEN)
C000043416 Cashflows
Over the 12 months to 2026-06, Morningstar Conservative ETF Asset Allocation Portfolio had net inflows of $616.67K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$520.67K |
| 2026-05 | $371.09K |
| 2026-04 | −$877.31K |
| 2026-03 | $499.62K |
| 2026-02 | $883.21K |
| 2026-01 | −$1.71M |
C000043416 Debt Constituents
No individual debt constituents are reported in Morningstar Conservative ETF Asset Allocation Portfolio's latest SEC N-PORT filing.
C000043416 Prospectus and SEC Filings
Official Morningstar Conservative ETF Asset Allocation Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-03-31
- Prospectus (485BPOS) — filed 2025-03-31
- Prospectus (485BPOS) — filed 2024-03-28
- Portfolio holdings (N-PORT) — filed 2026-08-24
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-23
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-12
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.