FIS Bright Portfolios Focused Equity ETF
Data updated: 2026-01-21
C000255956 — FIS Bright Portfolios Focused Equity ETF. United States Large Cap Growth Equity · $103.62M AUM. Holdings, fees, performance and SEC filings.
C000255956 Fund Overview
FIS Bright Portfolios Focused Equity ETF is a US ETF managed by NEOS ETF Trust, categorised as United States Large Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: NEOS ETF Trust
- Category: United States Large Cap Growth Equity
- Assets under management: $103.62M
- 1-year return: 22.2%
- SEC CIK: 0001848758
- SEC series ID: S000089423
- Share class ID: C000255956
C000255956 Investment Objective and Strategy
FIS Bright Portfolios Focused Equity ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by NEOS ETF Trust.
Investment objective
FIS Bright Portfolios Focused Equity ETF (the Fund) seeks long term capital appreciation.
Principal investment strategy
"At a meeting on August 8, 2025, the Boards of Trustees of the NEOS ETF Trust unanimously approved a Reorganization of the Fund into a newly created series (New Fund) of FIS Trust. Under the Agreement and Plan of Reorganization, the Fund will transfer its assets to the New Fund in exchange for shares of the New Fund, which will be distributed to shareholders of the Fund. The Reorganization is expected to close on or about November 15, 2025 (""Closing Date""). If you are a shareholder of the Fund immediately prior to the Closing Date, you will become a shareholder of the New Fund. The Fund is an actively managed exchange traded fund (ETF) that invests primarily in large capitalization companies pursuant to a proprietary methodology designed to identify and invest in companies during their robust profit cycles, capturing the lower through upper end of their valuation expansion or multiple expansion as defined by price to earnings ratio.
Under normal circumstances, the Fund will invest at least 80% of its assets in equity securities. Bright Portfolios, LLC (the Sub-Adviser), the Funds sub-adviser, is responsible for the day-to-day management of the Funds portfolio. The Sub-Adviser first uses a quantitative screen on the investable universe of U.S. large cap equities, defined as companies with a market capitalization greater than $10 billion, looking for companies characterized as growth at a reasonable price (GARP). The Sub-Adviser evaluates long-term economic trends that are likely to persist for the foreseeable future, identifies bullish and bearish markets, incorporates technical analysis which include price and volume trends, geopolitical issues and relative market valuation metrics. The Sub-Adviser combines fundamental research and qualitative analysis to identify companies that have above-average investment potential.
The Sub-Adviser constructs the portfolio by considering relative sector and constituent weights of the MSCI USA Index to ensure broad diversification. The Sub-Adviser then applies a Christian values overlay to identify companies whose products, processes, and priorities align with Christian values and positively impact the world. The Sub-Adviser strives to construct and maintain a portfolio that avoids investments in companies that manufacture or distribute products or services or otherwise engage in activities that that the Sub-Adviser believes conflict or are inconsistent with Christian values, such as abortion, embryonic stem cell research/human cloning, human rights violations, pornography, alcohol, tobacco, and/or gambling. The Bright Score methodology utilizes information from third-party research firms when evaluating potential investments.
The Bright Score methodology utilizes information from third-party research firms when evaluating potential investments. Specifically, the Bright Score methodology refers to one or more lists of companies constructed by third-party research firms containing names of companies that may be of concern to those with Christian values. The Sub-Adviser then conducts its own research on the policies and practices of a company before determining whether it believes the company conflicts with Christian values. The portfolio managers anticipate that the security selection process will identify approximately 30 to 50 companies for inclusion in the Funds portfolio. The portfolio is regularly monitored to avoid any over-exposure to any single stock or industry which helps to avoid concentration risk and achieve the benefits of diversification.
The Sub-Adviser regularly monitors and reassesses the policies, practices, and financial characteristics of the companies held by the Fund for compliance with the Sub-Advisers proprietary framework. The Sub-Adviser may sell the companys securities or otherwise exclude future investments in such company. As a result, the Fund may have to sell a security at a time when it would be disadvantageous to do so. The Fund may perform differently than other funds that do not invest within Christian values guidelines. The Sub-Adviser may also sell a stock for the following reasons: (i) if the stock experiences extreme price movements, (ii) if the stock exhibits weak performance relative to its peers and prospects for valuation expansion have declined, and/or (iii) for risk management. The Fund may also sell a stock if its price falls materially from cost and the Sub-Adviser determines, based on its fundamental research, the companys prospects for valuation expansion have declined.
The Fund may invest up to 10% of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Sub-Advisers opinion, there are not sufficient investment opportunities. As an alternative to holding cash or cash equivalents, the Sub-Adviser may invest the Funds assets in shares of other investment companies, including open-end and closed-end funds and exchange traded funds (ETFs) (collectively, Underlying Funds) in order for the Fund to be more fully invested. The Fund may engage in active and frequent trading of portfolio securities in implementing its principal investment strategies. Vident Advisory, LLC serve as the trading sub-adviser for the Fund and is responsible for trading portfolio securities for the Fund, including selecting broker-dealers to execute purchase and sale transactions."
C000255956 Holdings
Top 10 holdings of FIS Bright Portfolios Focused Equity ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp | 7.07% |
| Broadcom Inc | 5.75% |
| Cisco Systems Inc | 5.06% |
| Palo Alto Networks Inc | 4.64% |
| Eli Lilly & Co | 3.71% |
| Linde PLC | 3.59% |
| Arista Networks Inc | 3.55% |
| First American Treasury Obliga | 3.11% |
| AbbVie Inc | 2.90% |
| Coca-Cola Consolidated Inc | 2.72% |
C000255956 Portfolio Allocation
Asset-class allocation of FIS Bright Portfolios Focused Equity ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.9% |
| Cash & Equivalents | 3.1% |
C000255956 Performance
Total returns for C000255956 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 22.2% |
C000255956 Risk Information
Risk metrics for C000255956, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.7%
C000255956 Costs and Fees
C000255956 costs about $66 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.66%
- Gross expense ratio: 0.66%
- Portfolio turnover: 34%
- Brokerage commissions: 0.77 bps of average net assets (SEC N-CEN)
C000255956 Cashflows
Over the 12 months to 2025-11, FIS Bright Portfolios Focused Equity ETF had net inflows of $64.03M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-11 | $1.22M |
| 2025-10 | $1.22M |
| 2025-09 | $284.08K |
| 2025-08 | −$265.42K |
| 2025-07 | −$5.76K |
| 2025-06 | $1.31M |
C000255956 Debt Constituents
No individual debt constituents are reported in FIS Bright Portfolios Focused Equity ETF's latest SEC N-PORT filing.
C000255956 Prospectus and SEC Filings
Official FIS Bright Portfolios Focused Equity ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Large Cap Growth 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.