At a glance
RGEF charges 0.55% a year, above the 0.22% average of the 8 funds most like it (the most expensive of 9). It has $814.6M in assets, the 7th largest of that group; it paid 0.96% of its price in distributions over the past 12 months, quarterly. Over the past year it returned +14.6% with distributions reinvested (S&P 500: +11.5%), the best of those 9 funds. Its ten largest positions make up 35.2% of the fund, out of 67 in all.
The short version
Rockefeller Global Equity ETF (RGEF) is an actively managed fund that held 67 stocks of mostly large companies around the world as of July 31, 2026. It keeps 55% to 75% in US companies and the rest abroad. A manager picks each stock instead of tracking an index. That approach costs 0.55% a year, the highest of nine similar funds compared here, where the average is 0.22%.
Price history
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RGEF +14.6% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| RGEF price data to Oct 27, 2026 | +13.6% | +14.6% | — | — | — | +18.6% |
- Over the year to Oct 27, 2026, RGEF returned +14.6%, 1st of 9 among similar funds.
- Its worst full calendar year was 2025 (+25.4%); its best was 2025 (+25.4%).
- The deepest fall in its price history was 16% (Feb 19, 2025 to Apr 8, 2025), recovered by May 16, 2025.
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | +13.6% |
| 2025 | +25.4% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Before this security existed |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Before this security existed |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $0.2800 | |
| 2025 | $0.2800 |
What's inside
As of Jul 31, 2026, the fund held 67 securities; the ten largest made up 35.16% of assets.
| Holding | Weight | |
|---|---|---|
| Alphabet Inc | 5.75% | |
| Microsoft Corp | 4.44% | |
| Advanced Micro Devices Inc | 3.84% | |
| Samsung Electronics Co Ltd | 3.80% | |
| Amazon.com Inc | 3.70% | |
| NVIDIA Corp | 3.64% | |
| Meta Platforms Inc | 2.73% | |
| Shell PLC | 2.60% | |
| Applied Materials Inc | 2.50% | |
| Apple Inc | 2.17% | |
| General Electric Co | 2.06% | |
| Reinsurance Group of America I | 2.00% | |
| Oversea-Chinese Banking Corp L | 1.96% | |
| TSMC | 1.86% | |
| JPMorgan Chase & Co | 1.84% |
By country
United States 56.94%Japan 8.31%United Kingdom 7%South Korea 4.69%Sweden 3.68%By asset type
Stocks 98.85%By sector
Sectors of the companies held, for the 51.6% of the fund in companies that have a stock page here; other holdings and cash aren't classified. Source: N-PORT holdings report as of Jul 31, 2026. Cash, money-market funds and derivatives are shown separately from the securities list.What changed recently
- Over the three months to Jul 31, 2026, investors withdrew a net $16.3M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +4.51%, +1.34%, -0.89%.
How it works
RGEF does not track an index. It is an actively managed ETF from Tidal Financial Group, and a sub-adviser picks the stocks. At least 80% of net assets go into stocks of companies around the world. The fund expects to keep 55% to 75% in US companies and 25% to 45% abroad, using MSCI's country classifications. It focuses on larger companies, generally worth more than $4 billion, mostly in developed markets. It may put up to 30% in emerging and frontier markets. Frontier markets are the smallest, least developed economies.
The sub-adviser uses ‘bottom-up’ research. That means it studies individual companies instead of starting from a view of the economy. It looks for businesses with high or improving returns on capital, barriers to competition or attractive prices. It is not tied to a growth or value style, and it does not target any sector or region. It may sell to lock in gains, limit losses or move into ideas it sees as more promising. Portfolio turnover was 16%.
As of July 31, 2026, the top 10 holdings made up 35% of the fund. Alphabet (5.7%) and Microsoft (4.4%) led the list. The fund used no derivatives. Some foreign shares are held as depositary receipts, which are US-traded certificates that stand for foreign stock. Currency swings affect returns.
What it really costs
- RGEF charges 0.55% a year, versus an average of 0.22% for the similar funds below (9th of 9, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $56 in the first year and $689 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| RGEF | $56 | $176 | $307 | $689 |
In a retirement portfolio
It spreads money across large US and foreign companies in one fund, so it could hold the stock part of a portfolio, though its history is short and its fee is high.
RGEF could serve as the main stock holding, covering both US and foreign large companies. Its record is short. It launched on October 25, 2024, so it was not around for the 2008, 2020 or 2022 downturns. Its only full calendar year, 2025, returned 25.4%. Its deepest drop was 16%, from February 19 to April 8, 2025, and it had recovered by May 16, 2025. Its beta was 1.13 for the year to October 27, 2026, which means it swung somewhat more than the market. In a longer slump, someone drawing from it might have to sell shares at low prices.
Income is small. The yield was 0.96% as of October 27, 2026, paid quarterly. The fund charges 0.55% a year. In the SEC's standard example, that comes to $56 in the first year and $689 over 10 years on $10,000. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors who want US and foreign large companies in one fund, with 25% to 45% held outside the US by design.
- People who prefer a manager picking about 67 stocks, led by Alphabet, Microsoft and AMD, over an index fund holding hundreds.
- Long-term holders comfortable with a short record: a 25.4% gain in 2025 and a 16% drop that recovered within weeks.
Look elsewhere if
- Cost-focused investors: the 0.55% expense ratio ranks 9th of 9 among similar funds, where the average is 0.22%.
- Income seekers: the yield was 0.96% as of October 27, 2026, paid quarterly, because the fund aims for growth, not income.
- Anyone who wants a fund tested in long bear markets. RGEF launched in October 2024 and has not been through one like 2008 or 2022.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| RGEF this fund | — | 0.55% | $814.6M | +14.6% | — |
| OEF iShares S&P 100 ETF | 35% | 0.2% | $20.04B | +8.3% | +23.3% |
| FFLC Fidelity Fundamental Large Cap Core ETF | 33% | 0.38% | $1.20B | +11.1% | — |
| XLG Invesco S&P 500® Top 50 ETF | 33% | 0.2% | $10.56B | +6.9% | +25.3% |
| TGRT T. Rowe Price Growth ETF | 33% | 0.38% | $1.48B | +1.0% | +23.5% |
| TOPT iShares Top 20 U.S. Stocks ETF | 33% | 0.2% | $657.2M | +12.2% | — |
| SCHG Schwab U.S. Large-Cap Growth ETF | 32% | 0.04% | $63.03B | +2.2% | +23.0% |
| LCDS JPMorgan Fundamental Data Science Large Cor… | 31% | 0.3% | $16.0M | +14.1% | — |
Questions investors ask
Is RGEF good for retirement?
RGEF may suit the stock part of a retirement portfolio for investors who want US and foreign large companies in one actively managed fund. The trade-offs are a short history, since it launched on October 25, 2024, a 0.55% expense ratio and a small 0.96% yield as of October 27, 2026. Its deepest drop so far was 16%, in early 2025, and it recovered by May 16, 2025. It has not been tested in a long bear market.
What is RGEF's expense ratio?
RGEF's expense ratio is 0.55% a year, and all of it is the management fee, according to the prospectus filed November 24, 2025. That ranks 9th of 9 among similar funds, where the average is 0.22%. In the SEC's standard example, $10,000 earning 5% a year would cost about $56 in the first year, $307 over five years and $689 over 10 years.
Does RGEF pay monthly dividends?
No. RGEF pays dividends quarterly, not monthly. Over the 12 months to October 27, 2026, it paid about $0.33 per share, for a yield of 0.96%. The payout is modest because the fund's goal is long-term growth of capital, not income. Its largest holdings include technology companies such as Alphabet, Microsoft, AMD and NVIDIA.
RGEF vs OEF: what's the difference?
The iShares S&P 100 ETF (OEF) tracks an index of large US companies. RGEF is actively managed and puts 25% to 45% of its money outside the US. About 35% of their holdings overlap. OEF costs less, at 0.20% a year against 0.55%. It is also far larger: $20.0 billion in net assets as of June 30, 2026, against RGEF's $815 million as of July 31, 2026. Over one year, RGEF returned 14.6% through October 27, 2026, and OEF returned 9.5% through October 30, 2026.
How much of RGEF is invested outside the US?
The fund plans to keep 25% to 45% outside the US. As of July 31, 2026, US companies made up 57%. The largest foreign shares went to Japan (8.3%), the UK (7%), South Korea (4.7%), Sweden (3.7%) and France (3%). Major non-US holdings included Samsung Electronics, Shell, Oversea-Chinese Banking Corp and Taiwan Semiconductor Manufacturing. Foreign stocks add currency risk: when the dollar strengthens, they can lose value for US investors.