TRFM Performance — AAM Transformers ETF
Data updated: 2026-09-29
TRFM returned +21.16% year to date and +31.01% over one year to Jul 2026. The annualised 3-year return is +23.57%. The fund beat its US Multi-Cap Growth category average: $100 invested three years ago grew to $189, against $153 for the category, and to $131 over one year, against $115. Volatility over the past three years was 23.68% a year. In the 12 months to Jul 2026 the fund took in a net $134.1M, and assets reached $247.81M.
TRFM Growth of $100
What $100 invested in AAM Transformers ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Growth category average over the same months.
| Period | TRFM | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $131 | $115 |
| 3 years (Aug 2023 – Jul 2026) | $189 | $153 |
| Since data start (Jul 2022 – Jul 2026) | $241 | $185 |
TRFM Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +21.16% |
| 1 year | +31.01% |
| 3 years (annualised) | +23.57% |
TRFM Annual Returns
Calendar-year total returns of AAM Transformers ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +21.16% |
| 2025 | +25.59% |
| 2024 | +19.90% |
| 2023 | +44.61% |
| 2022 (Jul–Dec) | −8.84% |
TRFM 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 | +3.4% | +0.2% | −5.7% | +17.5% | +11.2% | +3.9% | −8.7% | — | — | — | — | — |
| 2025 | +6.1% | −5.0% | −9.9% | +3.2% | +11.5% | +8.7% | +2.2% | +2.2% | +7.5% | +5.1% | −6.1% | −0.3% |
| 2024 | −2.5% | +7.3% | +1.5% | −5.2% | +3.8% | +2.9% | −2.0% | +0.6% | +3.9% | +0.7% | +12.0% | −3.5% |
| 2023 | +15.5% | −2.0% | +6.0% | −6.7% | +8.7% | +7.5% | +6.9% | −5.7% | −6.6% | −6.2% | +15.2% | +8.6% |
| 2022 | — | — | — | — | — | — | +7.8% | −1.7% | −11.6% | +0.2% | +5.2% | −7.6% |
TRFM Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 23.68%
- 3-year Sharpe ratio: 0.81 (vs 4.5% risk-free rate)
- Best month: +17.46% (Apr 2026)
- Worst month: −9.86% (Mar 2025)
TRFM Fund Flows
Monthly money in and out of AAM Transformers ETF, from SEC Form N-PORT.
- 12-month net flow: $134.1M
- 12-month gross sales (incl. reinvestments): $252.4M
- Sales ÷ redemptions: 2.13×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $31.2M | $0 | $31.2M |
| Jun 2026 | $75.8M | $60.8M | $15.0M |
| May 2026 | $36.5M | $0 | $36.5M |
| Apr 2026 | $7.9M | $0 | $7.9M |
| Mar 2026 | $19.3M | $14.0M | $5.3M |
| Feb 2026 | $8.5M | $0 | $8.5M |
| Jan 2026 | $10.0M | $0 | $10.0M |
| Dec 2025 | $23.7M | $24.0M | −$378K |
| Nov 2025 | $4.8M | $0 | $4.8M |
| Oct 2025 | $6.1M | $0 | $6.1M |
| Sep 2025 | $23.0M | $19.5M | $3.5M |
| Aug 2025 | $5.5M | $0 | $5.5M |
TRFM Assets Under Management
Net assets of AAM Transformers ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $247.81M |
| 2026-04-30 | $155.61M |
| 2026-01-31 | $119.22M |
| 2025-10-31 | $108.10M |
| 2025-07-31 | $79.31M |
| 2025-04-30 | $50.67M |
| 2025-01-31 | $56.35M |
| 2024-10-31 | $45.63M |
| 2024-07-31 | $41.70M |
| 2024-04-30 | $35.86M |
| 2024-01-31 | $32.40M |
| 2023-10-31 | $20.23M |
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.