ETF overview
NPFE focuses on building a portfolio of US companies identified through bottom-up fundamental research. The strategy evaluates factors such as cash flow stability, balance sheet strength, capital allocation discipline, competitive positioning, and management quality in an effort to identify high-quality businesses trading at reasonable valuations relative to intrinsic value estimates. Portfolio construction typically results in a concentrated portfolio of roughly 30 to 75 holdings across large, mid, and small market capitalizations. Position sizes may change as valuations evolve or as new opportunities emerge across sectors and industries. While the strategy primarily invests in US companies, it may also allocate to non-US equities when global macroeconomic conditions present compelling opportunities.
Fund facts
- Expense ratio
- 0.40%
- Fund assets
- 662.2M USD (all share classes)
- Issuer
- NPF Investment Advisors
- Inception date
- Mar 11, 2026
- Number of holdings
- 163
Breakdown
Holdings (163)
| Name | Ticker | Weight |
|---|---|---|
| Microsoft Corp | MSFT | 11.14% |
| Alphabet Inc | GOOGL | 4.33% |
| Ball Corp | BLL | 4.07% |
| Visa Inc | V | 3.92% |
| Amazon.com Inc | AMZN | 3.86% |
| Allison Transmission Holdings | ALSN | 3.73% |
| NVIDIA Corp | NVDA | 3.61% |
| Berkshire Hathaway Inc CL B | BRK-B | 3.57% |
| Danaher Corp | DHR | 3.31% |
| Applied Materials Inc | AMAT | 3.26% |
| and 150 more | ||
Similar ETFs
- Parnassus Income Funds - Parnassus Core Select ETFPRCS · Overlap 41% · Expense ratio 0.58%
- BBH Trust - BBH Select Large Cap ETFBBHL · Overlap 40% · Expense ratio 0.71%
- Diamond Hill Large Cap Concentrated ETFDHLX · Overlap 39% · Expense ratio 0.55%
- Nomura Focused Large Growth ETFLRGG · Overlap 38% · Expense ratio 0.44%
- Brown Advisory Flexible Equity ETFBAFE · Overlap 37% · Expense ratio 0.54%
- GMO US Quality ETFQLTY · Overlap 37% · Expense ratio 0.50%
- Jensen Quality Growth ETFJGRW · Overlap 37% · Expense ratio 0.57%
- Ab US Equity ETFXCHG · Overlap 35% · Expense ratio 0.50%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.

Elevation Series Trust - Npf Core Equity Etf (NPFE)
- Expense ratio
- 0.40%
- Fund assets
- 662.2M USD (all share classes)
- Issuer
- NPF Investment Advisors
- Inception date
- Mar 11, 2026
- Number of holdings
- 163
| Name | Ticker | Weight |
|---|---|---|
| Microsoft Corp | MSFT | 11.14% |
| Alphabet Inc | GOOGL | 4.33% |
| Ball Corp | BLL | 4.07% |
| Visa Inc | V | 3.92% |
| Amazon.com Inc | AMZN | 3.86% |
| Allison Transmission Holdings | ALSN | 3.73% |
| NVIDIA Corp | NVDA | 3.61% |
| Berkshire Hathaway Inc CL B | BRK-B | 3.57% |
| Danaher Corp | DHR | 3.31% |
| Applied Materials Inc | AMAT | 3.26% |
| and 150 more | ||
NPFE focuses on building a portfolio of US companies identified through bottom-up fundamental research. The strategy evaluates factors such as cash flow stability, balance sheet strength, capital allocation discipline, competitive positioning, and management quality in an effort to identify high-quality businesses trading at reasonable valuations relative to intrinsic value estimates. Portfolio construction typically results in a concentrated portfolio of roughly 30 to 75 holdings across large, mid, and small market capitalizations. Position sizes may change as valuations evolve or as new opportunities emerge across sectors and industries. While the strategy primarily invests in US companies, it may also allocate to non-US equities when global macroeconomic conditions present compelling opportunities.
- Parnassus Income Funds - Parnassus Core Select ETFPRCS · Overlap 41% · Expense ratio 0.58%
- BBH Trust - BBH Select Large Cap ETFBBHL · Overlap 40% · Expense ratio 0.71%
- Diamond Hill Large Cap Concentrated ETFDHLX · Overlap 39% · Expense ratio 0.55%
- Nomura Focused Large Growth ETFLRGG · Overlap 38% · Expense ratio 0.44%
- Brown Advisory Flexible Equity ETFBAFE · Overlap 37% · Expense ratio 0.54%
- GMO US Quality ETFQLTY · Overlap 37% · Expense ratio 0.50%
- Jensen Quality Growth ETFJGRW · Overlap 37% · Expense ratio 0.57%
- Ab US Equity ETFXCHG · Overlap 35% · Expense ratio 0.50%
Overlap is the share of assets the two funds hold in common.
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