C000126627 Performance — TOPS Managed Risk Flex ETF Portfolio
Data updated: 2026-08-24
C000126627 returned +7.29% year to date and +14.46% over one year to Jun 2026. Annualised returns are +9.11% over 3 years and +4.02% over 5 years. The fund trailed its US Multi-Cap Blend category average: $100 invested three years ago grew to $130, against $143 for the category, and to $114 over one year, against $116. Volatility over the past three years was 7.81% a year. In the 12 months to Jun 2026 the fund lost a net $12.9M, and assets reached $120.17M.
C000126627 Growth of $100
What $100 invested in TOPS Managed Risk Flex ETF Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Blend category average over the same months.
| Period | C000126627 | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $114 | $116 |
| 3 years (Jul 2023 – Jun 2026) | $130 | $143 |
| 5 years (Jul 2021 – Jun 2026) | $122 | $136 |
| Since data start (Jul 2019 – Jun 2026) | $144 | $173 |
C000126627 Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +7.29% |
| 1 year | +14.46% |
| 3 years (annualised) | +9.11% |
| 5 years (annualised) | +4.02% |
C000126627 Annual Returns
Calendar-year total returns of TOPS Managed Risk Flex ETF Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +7.29% |
| 2025 | +9.15% |
| 2024 | +6.18% |
| 2023 | +9.27% |
| 2022 | −12.13% |
| 2021 | +8.78% |
| 2020 | +5.16% |
| 2019 (Jul–Dec) | +5.17% |
C000126627 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.5% | +2.2% | −3.9% | +4.3% | +2.0% | +0.2% | — | — | — | — | — | — |
| 2025 | +1.6% | +0.1% | −1.5% | −2.3% | +1.8% | +2.7% | +0.3% | +2.5% | +1.7% | +0.8% | +0.7% | +0.5% |
| 2024 | −0.8% | +1.7% | +2.2% | −2.8% | +2.8% | +0.5% | +2.6% | +0.8% | +1.7% | −2.1% | +2.6% | −2.9% |
| 2023 | +3.6% | −2.0% | +0.9% | +0.6% | −1.7% | +3.3% | +2.4% | −2.0% | −3.1% | −1.9% | +4.8% | +4.4% |
| 2022 | −3.2% | −0.9% | −0.5% | −3.8% | +0.5% | −3.8% | +2.8% | −2.6% | −3.8% | +1.2% | +3.1% | −1.5% |
| 2021 | +0.1% | +1.5% | +1.2% | +2.2% | +1.1% | +0.4% | +0.3% | +1.0% | −2.4% | +2.5% | −1.7% | +2.4% |
| 2020 | −1.2% | −4.4% | −4.9% | +2.7% | +2.3% | +0.7% | +2.4% | +2.3% | −1.9% | −1.3% | +5.9% | +3.0% |
| 2019 | — | — | — | — | — | — | 0.0% | −0.9% | +1.2% | +1.5% | +1.0% | +2.3% |
C000126627 Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 7.81%
- 3-year Sharpe ratio: 0.59 (vs 4.5% risk-free rate)
- Best month: +4.84% (Nov 2023)
- Worst month: −3.86% (Mar 2026)
C000126627 Fund Flows
Monthly money in and out of TOPS Managed Risk Flex ETF Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$12.9M
- 12-month gross sales (incl. reinvestments): $11.6M
- Sales ÷ redemptions: 0.47×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $542K | $2.0M | −$1.4M |
| May 2026 | $114K | $1.9M | −$1.8M |
| Apr 2026 | $47K | $1.7M | −$1.6M |
| Mar 2026 | $35K | $3.0M | −$3.0M |
| Feb 2026 | $66K | $1.4M | −$1.3M |
| Jan 2026 | $135K | $2.3M | −$2.1M |
| Dec 2025 | $83K | $2.3M | −$2.3M |
| Nov 2025 | $10.2M | $2.1M | $8.1M |
| Oct 2025 | $57K | $1.3M | −$1.3M |
| Sep 2025 | $54K | $4.5M | −$4.4M |
| Aug 2025 | $189K | $1.0M | −$860K |
| Jul 2025 | $138K | $1.1M | −$926K |
C000126627 Assets Under Management
Net assets of TOPS Managed Risk Flex ETF Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $120.17M |
| 2026-03-31 | $117.40M |
| 2025-12-31 | $122.97M |
| 2025-09-30 | $126.09M |
| 2025-06-30 | $126.61M |
| 2025-03-31 | $129.31M |
| 2024-12-31 | $134.10M |
| 2024-09-30 | $142.28M |
| 2024-06-30 | $140.60M |
| 2024-03-31 | $145.92M |
| 2023-12-31 | $148.29M |
| 2023-09-30 | $141.83M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.