LHA Market State Tactical Beta ETF MSTB
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 1.38%
- Net assets
- $196.2M
- Holdings
- 6
- 12-month distribution yield
- 0.37%
- Asset class
- Equity
LHA Market State Tactical Beta ETF (MSTB) is an exchange-traded fund listed on Cboe BZX in the United States. Its category is Equity · US (equity). Its last price was US$44.10 on 20 Oct 2026. Its expense ratio is 1.38% a year, from its prospectus dated 30 Apr 2026. It reported net assets of US$196.23 million as of 30 Jun 2026. Its latest holdings report lists 6 holdings as of 30 Jun 2026. Over the last 12 months it paid distributions of US$0.16 a unit, a 12-month distribution yield of 0.37%, paid yearly.
Fees
- Total annual operating expenses (gross)
- 1.38%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 1.10%
- Prospectus date
- 30 Apr 2026
- Filed with the SEC
- 24 Apr 2026
Size and reporting
- Net assets
- $196,231,091
- Total assets
- $196,740,305
- Holdings as of
- 30 Jun 2026
- Report made public
- 27 Aug 2026 (58 days after the month end)
Top holdings
Largest 6 of 6 positions, as of 30 Jun 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | State Street SPDR S&P 500 ETF State Street SPDR S&P 500 ETF Trust | US78462F1030 | 82.44% | $161.8M | Equity (common) | United States | USD |
| 2 | TREASURY BILL United States Treasury Bill | US912797TM97 | 6.26% | $12.3M | Debt | United States | USD |
| 3 | First American Government Obli First American Government Obligations Fund | US31846V3362 | 3.43% | $6.7M | Short-term investment vehicles (cash funds) | United States | USD |
| 4 | First American Treasury Obliga First American Treasury Obligations Fund | US31846V3289 | 3.43% | $6.7M | Short-term investment vehicles (cash funds) | United States | USD |
| 5 | TREASURY BILL United States Treasury Bill | US912797SK41 | 3.09% | $6.1M | Debt | United States | USD |
| 6 | S&P500 EMINI FUT Sep26 | No identifier reported | -0.14% | -$278K | Equity derivatives | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Warning: Uses derivatives
Asset type
| Type | Weight | Bar |
|---|---|---|
| Equity (common) | 82.44% | |
| Debt | 9.35% | |
| Short-term investment vehicles (cash funds) | 6.86% | |
| Equity derivatives | -0.14% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 98.51% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 98.51% |
Sector
| Sector | Weight | Bar |
|---|---|---|
| Unknown | 82.44% |
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $0.1640
- 12-month yield
- 0.37%
- Frequency
- Yearly
- Latest ex-date
- 30 Dec 2025
12-month yield = distributions per unit with an ex-date in the last 12 months ($0.1640) ÷ latest price ($44.10) × 100 = 0.37%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (5 payments)
| Ex-date | Amount per unit |
|---|---|
| 30 Dec 2025 | $0.1640 |
| 31 Dec 2024 | $0.3150 |
| 14 Dec 2023 | $0.0470 |
| 15 Dec 2022 | $0.3290 |
| 15 Dec 2021 | $0.7090 |
Filings and sources
- Form N-PORT report for June 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000069542) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- MSTB and VTI Vanguard Morningstar Total Stock Market ETF
- MSTB and VOO Vanguard S&P 500 ETF
- MSTB and IVV iShares Core S&P 500 ETF
- MSTB and QQQ Invesco QQQ Trust, Series 1