BenzingaT3·19mo ago
ADPV Adaptiv Select ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
ADPV
—
—
Key stats
About
Adaptiv Select ETF (ADPV) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2022-11-03
- Has Options
- No
Fund profile
holdings as of Oct 1, 2026third-party datathrough Jul 2026flows, SEC filings
- Expense ratio
- 1.00% prospectus, filed Feb 26, 2026
- Assets
- $178M SEC filing, Jul 31, 2026
- Trailing yield
- 0.68% paid annual
- Average daily volume
- $375K 30 sessions
- Holdings
- 28 top 10 are 45.5%
- Listed
- Nov 3, 2022 NYSE Arca
Cost4
Liquidity19
Scale46
Diversification53
Moves with. US large-cap stocks (32% of its variance, beta 0.91); Small caps over large (18% of its variance, beta 0.79); Emerging markets over US (8% of its variance, beta 0.23); High yield over Treasuries (4% of its variance, beta 0.81). These factors explain 65% of its daily moves over the last year.
Stated objective. The Adaptiv Select ETF (the Fund) seeks long-term capital appreciation when the broad U.S. equity market is in an uptrend. (from the fund's prospectus)
All 28 holdingsFlow historySimilar fundsOverlap toolAll Mid Cap Blend ETFs
Fund flows
through Jul 2026SEC filings- Jul 2026
- +$2.6M latest reported month
- Latest 3 months
- +$5.4M +3.0% of assets
- Latest 12 months
- +$14M +7.6% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | +$2.6M |
| Jun 2026 | +$485K |
| May 2026 | +$2.3M |
| Apr 2026 | −$96M |
| Mar 2026 | +$97M |
| Feb 2026 | +$971K |
| Jan 2026 | +$1.7M |
| Dec 2025 | +$69K |
| Nov 2025 | −$3.4M |
| Oct 2025 | −$10M |
| Sep 2025 | +$16M |
| Aug 2025 | +$2.8M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 45 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| FXNFirst Trust Energy AlphaDEX Fund | 11% | 0.63% | $393M | +56.5% | compare |
| FCUSPinnacle Focused Opportunities ETF | 11% | 0.80% | $94M | +22.7% | compare |
| FCPIFidelity Stocks for Inflation ETF | 11% | 0.15% | $287M | +14.1% | compare |
| XMMOInvesco S&P MidCap Momentum ETF | 11% | 0.35% | $6.9B | +4.8% | compare |
| RPVInvesco S&P 500 Pure Value ETF | 10% | 0.35% | $1.7B | +21.7% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 1, 2026third-party data- Holdings vs fair value
- +15.9% 58% under, 18% over · 100% covered
- Price / earnings
- 176.5 42% loss-making · 96% covered
- Price / book · sales
- 2.3 · 1.4 revenue growth +7.9%
- Above 200-day average
- 96% 46% above 50-day · by weight
- Short interest
- 6.5% of float, weighted · 4.2 days to cover
- Insider buying
- 4% of weight had net insider buying, 90 days; 65% net selling
- 13F holders
- +1.5% change in shares held by institutions, latest quarter
- Reporting earnings
- 38.0% of weight in 7 days; 73.5% in 14
Holdings reporting in the next 14 days · weighted implied move this week 4.10%
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
What changed in the portfolio
Apr 30, 2026 → Jul 31, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| New position | ARWRArrowhead Pharmaceuticals Inc | — | 4.99% | — |
| New position | HPEHewlett Packard Enterprise Co | — | 4.92% | — |
| Exit | SNDKSandisk Corp/DE | 4.77% | — | — |
| New position | VIAVViavi Solutions Inc | — | 4.39% | — |
| Exit | HALHalliburton Co | 4.17% | — | — |
| New position | WULFTerawulf Inc | — | 4.13% | — |
| Exit | Invesco Ltd | 4.12% | — | — |
| New position | TFSLTFS Financial Corp | — | 4.09% | — |
| Exit | AGNCAGNC Investment Corp | 3.90% | — | — |
| Decrease | APAAPA Corp | 3.91% | 0.03% | −99.3% |
Under the hood
fiscal year to Oct 31, 2025SEC census- Authorized participants
- 3 active of 3 with agreements; top 3 did 100%
- Created · redeemed
- $187M · $127M over the fiscal year
- Redemptions in kind
- 97% creations 92% in kind
- Creation unit
- 10,000 shares
- Securities lending
- authorized, none lent
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-07-31
Holdings
27
AUM
$178.4M
Provider
Nport
Inception
2022-11-03
Exchange
ARCX
Data As Of
2026-07-31
Expense Ratio
1.00%
Dividend Yield
0.67%
Distribution
Annual
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2025-12-23 | 2025-12-24 | $0.2983 | CD |
| 2024-12-27 | 2024-12-30 | $0.2387 | CD |
| 2023-12-19 | 2023-12-21 | $0.0559 | CD |
| 2022-12-20 | 2022-12-22 | $0.0630 | CD |
Asset Allocation
Top Holdings
top 27 of 27 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| INTC | Intel Corp | 5.26% | Equity (common) | US |
| ARWR | Arrowhead Pharmaceuticals Inc | 4.99% | Equity (common) | US |
| HPE | Hewlett Packard Enterprise Co | 4.92% | Equity (common) | US |
| VTRS | Viatris Inc | 4.75% | Equity (common) | US |
| VIAV | Viavi Solutions Inc | 4.39% | Equity (common) | US |
| — | Roivant Sciences Ltd | 4.38% | Equity (common) | US |
| HST | Host Hotels & Resorts Inc | 4.36% | Equity (common) | US |
| HR | Healthcare Realty Trust Inc | 4.34% | Equity (common) | US |
| — | Millicom International Cellula | 4.19% | Equity (common) | LU |
| WULF | Terawulf Inc | 4.13% | Equity (common) | US |
| TFSL | TFS Financial Corp | 4.09% | Equity (common) | US |
| CBC | Central BanCo Inc | 3.80% | Equity (common) | US |
| PR | Permian Resources Corp | 3.75% | Equity (common) | US |
| F | Ford Motor Co | 3.73% | Equity (common) | US |
| CNC | Centene Corp | 3.63% | Equity (common) | US |
| AM | Antero Midstream Corp | 3.63% | Equity (common) | US |
| NOV | NOV Inc | 3.63% | Equity (common) | US |
| ESI | Element Solutions Inc | 3.56% | Equity (common) | US |
| — | TechnipFMC PLC | 3.53% | Equity (common) | GB |
| MRNA | Moderna Inc | 3.46% | Equity (common) | US |
| M | Macy's Inc | 3.31% | Equity (common) | US |
| MDU | MDU Resources Group Inc | 3.25% | Equity (common) | US |
| SNDR | Schneider National Inc | 3.24% | Equity (common) | US |
| INGM | Ingram Micro Holding Corp | 3.17% | Equity (common) | US |
| AMKR | Amkor Technology Inc | 2.61% | Equity (common) | US |
| — | First American Treasury Obliga | 1.92% | Short-term investment | US |
| APA | APA Corp | 0.03% | Equity (common) | US |
Geographic Breakdown
Non-Equity Breakdown
Adaptiv Select ETF ·
NPORT-P period 2026-07-31
(filed 2026-09-28)
Net assets:
$178M
· 27 total positions
· equity 98.11%
· non-equity 1.92%
Non-equity holdings
— 1 positions,
1.92% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 1.92% | $3.4M | 1 |
Chart
Seasonality
| Month | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|
| Jan | -- | 1.20% | 2.83% | 8.25% | -0.14% | 3.04% |
| Feb | -- | -0.78% | 10.32% | -2.24% | 2.17% | 2.37% |
| Mar | -- | -7.09% | 6.68% | -7.88% | -5.25% | -3.38% |
| Apr | -- | -3.35% | -3.49% | 0.33% | 2.13% | -1.10% |
| May | -- | -1.32% | 8.24% | -1.50% | 4.88% | 2.58% |
| Jun | -- | 8.91% | -0.98% | 8.11% | 3.46% | 4.88% |
| Jul | -- | 4.15% | 2.82% | 10.26% | -5.21% | 3.00% |
| Aug | -- | -0.81% | 6.82% | 4.24% | -1.11% | 2.29% |
| Sep | -- | -5.44% | 1.56% | 4.75% | -2.30% | -0.36% |
| Oct | -- | -5.60% | 4.02% | 1.89% | 0.90%* | 0.30% |
| Nov | 0.28% | 5.14% | 17.36% | 1.51% | -- | 6.07% |
| Dec | -0.06% | 4.24% | -4.95% | 0.68% | -- | -0.02% |
| Total | 0.22% | -2.06% | 62.03% | 30.58% | -1.00% | 17.95% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $43.78
SMA 50: $44.44
SMA 200: $44.72
Current: $43.84
EMA 12: $43.81
EMA 26: $43.97
MACD: -0.1659 | Signal: 0.0530
BEARISH
ADX (14): 18.41
RANGE
+DI: 30.89
−DI: 35.40
Momentum Oscillators
RSI (14): 48.32
NEUTRAL
Stoch %K: 53.03
Stoch %D: 40.91
Williams %R: -55.81
Volume & Volatility
BB Upper: $44.61
BB Lower: $42.95
NEUTRAL
OBV: 1,685,206
Vol SMA 20: 8,947
Vol ROC: -61.03%
ATR: $0.46
True Range: $0.38
HV 20: 13.5%
HV 30: 14.6%
HV 60: 15.5%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report: ADPV
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers: Recent news headlines highlighting partnerships, AI enhancements, and contract awards are likely driving the stock's performance.
Primary Risks: High volatility, potential for price swings due to market uncertainty, and limited earnings visibility.
Investment Thesis: ADPV is an intriguing opportunity for investors seeking to capitalize on the growing demand for data analytics and AI solutions. The company's recent partnership with the US Army adds credibility to its capabilities, but high volatility may hinder short-term gains.
Recent News Sentiment Impact: Neutral headlines have had a mixed impact, as they highlight the company's growth prospects while also hinting at market uncertainty.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): BEARISH
- Medium-term (1-3 months): NEUTRAL
- Long-term (3-12 months): BULLISH
Support/Resistance Levels:
- Upper Bollinger Band: $45.80
- Middle Line: $44.92
- Lower Bollinger Band: $44.05
Momentum Signals:
- RSI: 39.12 (neutral)
- MACD: -0.23 / Signal: -0.07 / Histogram: -0.16 (bearish)
- Bollinger Bands: oversold
Volume Analysis: Volume is declining, indicating a potential lack of institutional interest.
News & Sentiment Analysis
Recent Headlines Summary: Two neutral headlines highlight partnerships and AI enhancements.
Sentiment Assessment: Neutral sentiment prevails due to the mixed nature of recent news.
Catalyst Identification: Upcoming earnings report (date unavailable) could provide clarity on the company's growth prospects.
Market Narrative: Recent news aligns with technical signals, indicating a potential range-bound market.
Risk & Volatility Assessment
Beta Interpretation: High risk relative to market (beta >1.3).
Volatility Regime: Current volatility is higher than historical levels.
Options Market Signals: No options data available.
Downside Protection: Support levels are in place, but price could potentially retest the lower Bollinger Band if sentiment turns bearish.
Market Context & Positioning
Sector Performance: ADPV's sector has been weak recently, indicating potential headwinds for the stock.
Institutional Activity: Limited institutional activity is evident, as volume is declining.
Correlation Analysis: ADPV moves relatively independently of market trends (R-squared: 0.67).
Relative Valuation: The stock is trading within a range, with no clear indication of oversold or overbought conditions.
Key Levels & Action Items
Critical Price Levels: Support at $44.05 and resistance at $45.80.
Breakout/Breakdown Levels: A breakout above the upper Bollinger Band could indicate a new uptrend, while a breakdown below the lower band could signal further decline.
Time-Sensitive Catalysts: Upcoming earnings report (date unavailable) could provide clarity on the company's growth prospects.
Risk Management: Consider a stop-loss level at $43.50 and position sizing considerations based on volatility and market conditions.
This comprehensive analysis provides a nuanced view of ADPV, highlighting both bullish and bearish aspects. The stock's high volatility and recent news headlines create a complex environment that requires careful consideration before making investment decisions.
Generated
News
All ADPV news →
ADPV Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 1.2682
Alpha: -12.65%
Correlation: 0.6739
R-Squared: 45.4%
Stock Volatility: 24.0%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
ADPV Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
ADPV Constituent Performance
Click any bar to view the full quote for that stock.
ADPV Constituents (23 of 23)
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| INTC | Intel Corp | 5.26% | $87.37 | -6.01% | -8.39% | -31.42% |
| ARWR | Arrowhead Pharmaceuticals Inc | 4.99% | $57.64 | -2.04% | -1.47% | -12.76% |
| HPE | Hewlett Packard Enterprise Co | 4.92% | $54.77 | -5.84% | -6.58% | -13.78% |
| VTRS | Viatris Inc | 4.75% | $18.47 | +0.11% | +1.37% | +6.03% |
| VIAV | Viavi Solutions Inc | 4.39% | $30.43 | -14.00% | -17.34% | -18.25% |
| HST | Host Hotels & Resorts Inc | 4.36% | $24.59 | -1.97% | +3.12% | +10.74% |
| HR | Healthcare Realty Trust Inc | 4.34% | $17.5 | +1.48% | +0.78% | -1.88% |
| WULF | Terawulf Inc | 4.13% | $11.74 | -7.95% | -6.93% | -27.90% |
| TFSL | TFS Financial Corp | 4.09% | $16.57 | +1.07% | +1.44% | -0.93% |
| CBC | Central BanCo Inc | 3.80% | $34.02 | +2.16% | +2.32% | +6.31% |
| PR | Permian Resources Corp | 3.75% | $24.31 | -2.13% | +2.96% | +11.26% |
| F | Ford Motor Co | 3.73% | $11.95 | +0.42% | -2.92% | -5.16% |
| CNC | Centene Corp | 3.63% | $72.16 | +2.73% | +2.34% | +16.54% |
| AM | Antero Midstream Corp | 3.63% | $20.23 | -2.48% | +1.58% | -4.69% |
| NOV | NOV Inc | 3.63% | $18.57 | -3.66% | -0.40% | -6.71% |
| ESI | Element Solutions Inc | 3.56% | $33.62 | -7.47% | -5.36% | -2.54% |
| MRNA | Moderna Inc | 3.46% | $223.85 | -8.93% | -5.35% | +14.90% |
| M | Macy's Inc | 3.31% | $24.18 | +3.22% | -0.14% | +8.40% |
| MDU | MDU Resources Group Inc | 3.25% | $19.25 | +0.71% | +3.47% | +3.30% |
| SNDR | Schneider National Inc | 3.24% | $31.36 | +1.42% | -0.57% | -0.88% |
| INGM | Ingram Micro Holding Corp | 3.17% | $26.99 | -2.32% | +0.04% | +2.43% |
| AMKR | Amkor Technology Inc | 2.61% | $39.83 | -8.92% | -9.58% | -24.41% |
| APA | APA Corp | 0.03% | $48.33 | -2.62% | +2.33% | +10.65% |