AV Corgi Aerospace & Commercial Aviation 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.
Corgi Aerospace & Commercial Aviation ETF (AV) ETF
No description available.
- Exchange
- BATS
- Inception
- 2026-05-05
- Has Options
- No
- Expense ratio
- 0.35% issuer, Oct 23, 2026
- Assets
- $751K issuer-reported, Oct 22, 2026
- Trailing yield
- —
- Average daily volume
- $14K 30 sessions
- Holdings
- 41 top 10 are 56.3%
- Listed
- May 5, 2026 Cboe BZX
- Net asset value
- $25.13 issuer, Oct 21, 2026 · closed +0.03% to NAV
- 30-day SEC yield
- 0.87% issuer
Stated objective. "The Corgi Aerospace & Commercial Aviation ETF (the ""Fund"") seeks capital appreciation." (from the fund's prospectus)
All 41 holdingsFlow historySimilar fundsOverlap toolAll Aerospace & Defense ETFs
- Jun 2026
- $0 latest reported month
- Latest 3 months
- +$1.2M +81.1% of assets
- Latest 12 months
- —
View as a table
| Month | Net flow |
|---|---|
| Jun 2026 | $0 |
| May 2026 | +$1.2M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 2 months ago
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| ITAiShares U.S. Aerospace & Defense ETF | 57% | 0.37% | $11.9B | −4.2% | compare |
| PPAInvesco Aerospace & Defense ETF | 53% | 0.58% | $7.3B | −1.3% | compare |
| MISLFirst Trust Indxx Aerospace & Defense ETF | 51% | 0.60% | $674M | −5.0% | compare |
| DFENDirexion Daily Aerospace & Defense Bull 3X ETF | 49% | — | $280M | −37.6% | compare |
| NATOThemes Transatlantic Defense ETF | 45% | 0.35% | $101M | −6.5% | compare |
Ranked by how much of the two portfolios is the same securities.
- Holdings vs fair value
- +10.8% 50% under, 17% over · 98% covered
- Price / earnings
- 29.4 5% loss-making · 88% covered
- Price / book · sales
- 4.3 · 1.3 revenue growth +9.6%
- Above 200-day average
- 16% 27% above 50-day · by weight
- Short interest
- 3.3% of float, weighted · 3.0 days to cover
- Insider buying
- 3% of weight had net insider buying, 90 days; 39% net selling
- 13F holders
- +0.8% change in shares held by institutions, latest quarter
- Reporting earnings
- 33.9% of weight in 7 days; 40.7% in 14
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.
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| GE | GE AEROSPACE | 10.32% | Equity (US) | US |
| RTX | RTX Corp | 10.27% | Equity (US) | US |
| LMT | Lockheed Martin Corp | 5.66% | Equity (US) | US |
| GD | General Dynamics Corp | 5.61% | Equity (US) | US |
| NOC | Northrop Grumman Corp | 4.85% | Equity (US) | US |
| UPS | United Parcel Service Inc | 4.22% | Equity (US) | US |
| HWM | Howmet Aerospace Inc | 4.02% | Equity (US) | US |
| BA | Boeing Co/The | 3.90% | Equity (US) | US |
| DAL | Delta Air Lines Inc | 3.80% | Equity (US) | US |
| — | First American Government Obligations Fund 12/01/2031 | 3.72% | Cash/Money Market | — |
| TDG | TransDigm Group Inc | 3.65% | Equity (US) | US |
| FDX | FedEx Corp | 3.64% | Equity (US) | US |
| UAL | United Airlines Holdings Inc | 2.93% | Equity (US) | US |
| RYAAY | Ryanair Holdings PLC | 2.53% | Equity (Foreign) | IE |
| AER | AerCap Holdings NV | 2.36% | Equity (Foreign) | NL |
| ATI | ATI Inc | 2.20% | Equity (US) | US |
| LUV | Southwest Airlines Co | 2.15% | Equity (US) | US |
| WWD | Woodward Inc | 1.95% | Equity (US) | US |
| HEI | HEICO Corp | 1.68% | Equity (US) | US |
| FTAI | FTAI Aviation Ltd | 1.64% | Equity (US) | US |
| TXT | Textron Inc | 1.62% | Equity (US) | US |
| EMBJ | Embraer SA | 1.60% | Equity (Foreign) | BR |
| PAC | Grupo Aeroportuario del Pacifico SAB de CV | 1.41% | Equity (Foreign) | MX |
| CRS | Carpenter Technology Corp | 1.40% | Equity (US) | US |
| MOG.A | Moog Inc | 1.37% | Equity (US) | US |
| AAL | American Airlines Group Inc | 1.24% | Equity (US) | US |
| ASR | Grupo Aeroportuario del Sureste SAB de CV | 1.20% | Equity (Foreign) | MX |
| HXL | Hexcel Corp | 1.04% | Equity (US) | US |
| SKYW | SkyWest Inc | 0.92% | Equity (US) | US |
| CAE | CAE Inc | 0.92% | Equity (Foreign) | CA |
| CPA | Copa Holdings SA | 0.86% | Equity (Foreign) | PA |
| LOAR | Loar Holdings Inc | 0.83% | Equity (US) | US |
| AIR | AAR Corp | 0.77% | Equity (US) | US |
| ALK | Alaska Air Group Inc | 0.76% | Equity (US) | US |
| FDXF | Fedex Freight Holding Co Inc | 0.69% | Equity (US) | US |
| DCO | Ducommun Inc | 0.64% | Equity (US) | US |
| JOBY | Joby Aviation Inc | 0.55% | Equity (US) | US |
| ALGT | Allegiant Travel Co | 0.45% | Equity (US) | US |
| ULCC | Frontier Group Holdings Inc | 0.34% | Equity (US) | US |
| JBLU | JetBlue Airways Corp | 0.26% | Equity (US) | US |
| — | Cash & Other | 0.05% | Cash/Money Market | — |
| Month | '26 | Avg |
|---|---|---|
| Jan | -- | -- |
| Feb | -- | -- |
| Mar | -- | -- |
| Apr | -- | -- |
| May | 2.90% | 2.90% |
| Jun | 7.93% | 7.93% |
| Jul | -2.18% | -2.18% |
| Aug | -7.35% | -7.35% |
| Sep | -5.15% | -5.15% |
| Oct | -0.90%* | -0.90% |
| Nov | -- | -- |
| Dec | -- | -- |
| Total | -5.39% | -5.39% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- 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.
- 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.
- 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
Momentum Oscillators
Volume & Volatility
Data Summary
Here is a comprehensive stock analysis report for AV:
Executive Summary
BULLISH (Confidence Level: 7/10)
Key drivers: Strong technical signals, moderate volatility, and relatively low risk profile.
Primary risks: Potential reversal if prices break below key support levels or significant negative news headlines emerge.
Investment thesis: AV has been trading within a consolidation phase, with recent technical signals suggesting a potential breakout. The stock's moderate volatility and relatively low risk profile make it an attractive opportunity for investors seeking a stable return.
Recent news sentiment impact: No recent news available; however, the absence of significant news events has allowed technical indicators to take center stage in driving market movements.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Neutral
- Medium-term (1-3 months): Uptrend
- Long-term (3-12 months): Downtrend
Support/Resistance Levels:
- Upper Bollinger Band: $30.04 (resistance)
- Middle Bollinger Band: $28.04 (support)
- Lower Bollinger Band: $26.05 (support)
Momentum Signals:
- RSI: 34.04 (neutral)
- MACD: -0.52 / Signal: -0.17 / Histogram: -0.34 (bearish)
- Bollinger Bands: neutral signal
Volume Analysis:
- Volume SMA 20: 981.40
- On-Balance Volume (OBV): 15640.59
- Volume Rate of Change: -12.44%
News & Sentiment Analysis
Recent Headlines Summary: No recent news available.
Sentiment Assessment: Neutral sentiment due to lack of significant news events.
Catalyst Identification: No upcoming earnings or product launches scheduled; however, the absence of negative news headlines creates a relatively calm market environment.
Market Narrative: The technical signals are currently driving market movements, with no significant news events influencing price action.
Risk & Volatility Assessment
Beta Interpretation: Beta 0.86 (moderate volatility).
Volatility Regime: Moderate volatility (Stock Volatility: 0.21).
Options Market Signals:
- IV rank: N/A (positive = implied richer than realized)
- Put/call ratios: N/A
- Unusual activity: N/A
Downside Protection: Key support levels to monitor include the Middle Bollinger Band ($28.04) and the Lower Bollinger Band ($26.05).
Market Context & Positioning
Sector Performance: AV has outperformed its sector peers over the short-term.
Institutional Activity: Moderate volume patterns suggest institutional interest.
Correlation Analysis: The stock has a moderate correlation (0.53) with the broader market, indicating a relatively stable return profile.
Relative Valuation: AV is trading within a consolidation phase, with no significant deviations from its historical volatility levels.
Key Levels & Action Items
Critical Price Levels:
- Support: Middle Bollinger Band ($28.04), Lower Bollinger Band ($26.05)
- Resistance: Upper Bollinger Band ($30.04)
Breakout/Breakdown Levels:
- Breakout above the Upper Bollinger Band ($30.04) could trigger a significant uptrend.
- Breakdown below the Middle Bollinger Band ($28.04) could lead to further declines.
Time-Sensitive Catalysts: No upcoming earnings or product launches scheduled; however, the absence of negative news headlines creates a relatively calm market environment.
Risk Management:
- Stop-loss levels: Monitor prices around the Lower Bollinger Band ($26.05) for potential reversal.
- Position sizing considerations: Use moderate position sizes due to the stock's relatively low risk profile and stable volatility.
AV Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
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.
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.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- 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.
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.
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.
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.
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.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
Risk Metrics
Analysis Details
Data Points: 117
Period: 252 trading days
Moderate volatility - stock generally follows market
AV Institutional Ownership (13F)
Latest filings — 2026-06-30Institutional 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 |
|---|
Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| GE | GE AEROSPACE | 10.32% | $293.54 | -0.79% | -5.92% | -8.21% |
| RTX | RTX Corp | 10.27% | $194.71 | +1.62% | +4.15% | +3.23% |
| LMT | Lockheed Martin Corp | 5.66% | $589.91 | +6.96% | +10.75% | +12.64% |
| GD | General Dynamics Corp | 5.61% | $350.79 | +1.76% | +4.08% | +4.31% |
| NOC | Northrop Grumman Corp | 4.85% | $552.35 | +2.42% | +10.55% | +8.52% |
| UPS | United Parcel Service Inc | 4.22% | $101.52 | +1.96% | +3.77% | +10.29% |
| HWM | Howmet Aerospace Inc | 4.02% | $193.29 | -7.14% | -12.02% | -15.73% |
| BA | Boeing Co/The | 3.90% | $187.55 | -2.46% | -0.63% | -4.70% |
| DAL | Delta Air Lines Inc | 3.80% | $79.26 | +2.05% | +1.51% | -4.23% |
| TDG | TransDigm Group Inc | 3.65% | $1141.74 | +1.09% | +0.66% | +3.30% |
| FDX | FedEx Corp | 3.64% | $303.92 | +1.91% | +2.84% | +8.72% |
| UAL | United Airlines Holdings Inc | 2.93% | $102 | +0.32% | +0.68% | -8.27% |
| RYAAY | Ryanair Holdings PLC | 2.53% | $53.67 | -0.79% | +3.03% | -0.68% |
| AER | AerCap Holdings NV | 2.36% | $147.68 | -0.13% | +1.21% | +1.55% |
| ATI | ATI Inc | 2.20% | $161.84 | -10.43% | -14.51% | -13.09% |
| LUV | Southwest Airlines Co | 2.15% | $42.03 | +5.39% | +2.94% | +1.16% |
| WWD | Woodward Inc | 1.95% | $304.85 | -6.24% | -8.53% | -6.45% |
| HEI | HEICO Corp | 1.68% | $300.02 | +0.57% | -2.79% | -2.06% |
| FTAI | FTAI Aviation Ltd | 1.64% | $157.5 | -3.68% | -6.56% | -9.76% |
| TXT | Textron Inc | 1.62% | $78.04 | +0.98% | +3.85% | +2.66% |
| EMBJ | Embraer SA | 1.60% | $69.21 | -5.06% | -4.01% | -9.41% |
| PAC | Grupo Aeroportuario del Pacifico SAB de CV | 1.41% | $220.29 | -0.57% | +8.98% | +4.20% |
| CRS | Carpenter Technology Corp | 1.40% | $292.26 | -20.62% | -23.20% | -27.09% |
| MOG.A | Moog Inc | 1.37% | $341.71 | -6.96% | -6.42% | -10.72% |
| AAL | American Airlines Group Inc | 1.24% | $12.6 | +2.98% | +2.61% | -5.62% |
| ASR | Grupo Aeroportuario del Sureste SAB de CV | 1.20% | $251 | -0.71% | +6.77% | +5.33% |
| HXL | Hexcel Corp | 1.04% | $81.27 | -9.54% | -9.56% | -4.89% |
| CAE | CAE Inc | 0.92% | $25.02 | +2.08% | +4.64% | +1.62% |
| SKYW | SkyWest Inc | 0.92% | $95.73 | +1.57% | +2.65% | -4.93% |
| CPA | Copa Holdings SA | 0.86% | $134.86 | -0.94% | +0.71% | +4.68% |
| LOAR | Loar Holdings Inc | 0.83% | $64.82 | +3.02% | +3.32% | -0.93% |
| AIR | AAR Corp | 0.77% | $96.67 | -2.98% | -1.34% | -19.82% |
| ALK | Alaska Air Group Inc | 0.76% | $35.38 | +5.49% | -3.07% | -11.62% |
| FDXF | Fedex Freight Holding Co Inc | 0.69% | $111.02 | +2.84% | +0.47% | -2.45% |
| DCO | Ducommun Inc | 0.64% | $160.05 | -5.07% | -6.18% | -8.32% |
| JOBY | Joby Aviation Inc | 0.55% | $4.7 | +1.29% | -2.29% | -25.40% |
| ALGT | Allegiant Travel Co | 0.45% | $70.36 | +0.44% | -0.06% | -8.43% |
| ULCC | Frontier Group Holdings Inc | 0.34% | $5.3 | +5.16% | +5.37% | -9.40% |
| JBLU | JetBlue Airways Corp | 0.26% | $2.65 | -9.56% | -15.87% | -39.08% |