RUFF — Alpha Dog ETF
Data updated: 2024-08-27
RUFF — Alpha Dog ETF. United States Large Cap Growth Equity · $62.25M AUM · 0.90% expense ratio. Holdings, fees, performance and SEC filings.
RUFF Fund Overview
RUFF — Alpha Dog ETF is a US ETF managed by ETF Opportunities 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: ETF Opportunities Trust
- Category: United States Large Cap Growth Equity
- Assets under management: $62.25M
- 1-year return: 26.5%
- Ticker: RUFF
- SEC CIK: 0001771146
- SEC series ID: S000073725
- Share class ID: C000230840
RUFF Investment Objective and Strategy
Alpha Dog ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by ETF Opportunities Trust.
Investment objective
Alpha Dog ETF (the Fund) seeks capital appreciation.
Principal investment strategy
Under normal market conditions, the Fund seeks to achieve its investment objective by investing primarily in the equity securities of large- to mid-capitalization U.S. companies. As of September 30, 2023, the Fund considers large- and mid-capitalization companies to be those with a market capitalization over $2 billion. The exact size of the companies included will change with market conditions and the Fund will not automatically sell or cease to purchase a stock that it already owns due to changes in market conditions. The Fund seeks to buy the leading securities of the best performing market sectors of the U.S. economy. The Adviser makes buy, hold and sell decisions with respect to Fund portfolio securities using an investment process based on a combination of fundamental and technical analysis.
The Advisers fundamental analysis involves a bottom-up review using proprietary methods, which include measuring price to free cash flow on a rolling one-, three-, five- and ten-year basis to determine the value of a security relative to its own history, before the final weighted parameters are applied and critical timing elements are added to the Advisers buy/sell equation. The Advisers technical analysis monitors companies for increasing trading volumes, improving moving averages of various technical indicators, accumulations underway and improving technical buy signals. Companies that have the most discounted price as measured by their own historical price to free cash flow or a strong technical base are typically given greater weighting in the Fund. Companies exhibiting both these qualities will ideally be given the greatest weight.
This discipline seeks to identify equity securities with strong fundamental indicators that may benefit from larger market and economic trends. The Fund seeks to reduce risk (beta) by using options, typically on a short-term basis, for hedging purposes. Based on the Advisers technical analysis, the Fund may sell a covered call option and/or, at times, purchase put option contracts on Fund holdings to hedge the Fund against short term market corrections; conversely, if the Advisers technical analysis indicates a potential market upswing, the Fund may purchase a call option on one or more Fund holdings. Selling covered call options on Fund holdings is expected to be the options strategy typically most commonly applied. As a result of the Funds use of derivatives, the Fund may have economic leverage, which means the sum of the Funds investment exposures through its use of derivatives may significantly exceed the amount of assets invested in the Fund, although these exposures may vary over time.
The Funds options holdings are typically expected to constitute less than 10% of its assets. The Fund is classified as non-diversified for purposes of the Investment Company Act of 1940 (the 1940 Act), which means it generally invests a greater portion of its assets in the securities of one or more issuers and invests overall in a smaller number of issuers than a diversified fund. The Fund will generally hold between twenty and fifty securities. Equity securities the Fund may purchase include common stocks, related depository receipts (i.e., American Depository Receipts or ADRs, European Depository Receipts or EDRs, and Global Depository Receipts or GDRs), and real estate investment trusts (REITs). The Fund will emphasize investments in common stocks of large- to mid-capitalization companies but is not limited to any particular market capitalization and may at times invest in small-capitalization companies.
In pursuing the Funds investment goal, the Adviser may invest in companies in any economic sector. The Fund will generally sell securities when their value has dropped significantly below purchase price, when long-term price targets have been achieved, or as a hedge during short or mid-term market downturns.
RUFF Holdings
Top 10 holdings of Alpha Dog ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corporation | 4.86% |
| Amazon.com, Inc. | 4.36% |
| Meta Platforms, Inc. | 4.18% |
| Alphabet Inc. | 4.04% |
| Chipotle Mexican Grill, Inc. | 3.96% |
| Microsoft Corporation | 3.94% |
| Broadcom Inc. | 3.64% |
| Interactive Brokers Group, Inc. | 3.63% |
| Mastercard Incorporated. | 3.57% |
| Schlumberger N.V. | 3.28% |
RUFF Portfolio Allocation
Asset-class allocation of Alpha Dog ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 93.7% |
| Other | 3.8% |
RUFF Performance
Total returns for RUFF (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 26.5% |
| 3 years (annualised) | 0.4% |
RUFF Risk Information
Risk metrics for RUFF, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.6%
RUFF Costs and Fees
RUFF costs about $90 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.90%
- Gross expense ratio: 0.90%
- Portfolio turnover: 366%
- Brokerage commissions: 9.78 bps of average net assets (SEC N-CEN)
RUFF Cashflows
Over the 12 months to 2024-06, Alpha Dog ETF had net outflows of $1.55M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-06 | −$589.31K |
| 2024-05 | $0 |
| 2024-04 | $0 |
| 2024-03 | −$1.80M |
| 2024-02 | −$1.17M |
| 2024-01 | $0 |
RUFF Debt Constituents
No individual debt constituents are reported in Alpha Dog ETF's latest SEC N-PORT filing.
RUFF Prospectus and SEC Filings
Official Alpha Dog ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-01-26
- Prospectus (485BPOS) — filed 2023-01-27
- Prospectus (485BPOS) — filed 2021-10-12
- Portfolio holdings (N-PORT) — filed 2024-08-27
- Portfolio holdings (N-PORT) — filed 2024-05-28
- Portfolio holdings (N-PORT) — filed 2024-02-27
- Annual census (N-CEN) — filed 2023-12-13
- Annual census, amended (N-CEN/A) — filed 2022-12-16
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.