What this ETF is trying to do

The Beehive ETF (BEEX) is a fund that holds a variety of different companies. Based on its top holdings, it invests in large, well-known businesses across different industries, such as technology, healthcare, and energy.

What the numbers show

As of October 9, 2026, the share price of BEEX was $27.63.

When looking at how the price has changed, we can look at "price return" (which only tracks the share price) and "total return" (which includes distributions).

• Year-to-Date (YTD): The price return is 6.99%, and the total return is also 6.99%.

• One Year: The price return is 7.77%, while the total return is 8.14%.

To put this in perspective, if you had invested $10,000 in this ETF roughly one year ago at the estimated price of $25.64, the price-only increase would have grown that investment to approximately $10,777.

Income and distribution explanation

Some investors look for ETFs that pay them cash, called distributions. BEEX has a distribution yield of 0.32%. This is considered a low yield. Over the last 12 months, the fund has made only one payout. The frequency of these payments is described as irregular or less frequent.

It is important for beginners to remember that a high distribution yield alone can be misleading. A fund can pay out cash while its share price falls.

NAV erosion explanation

"NAV erosion" happens when the actual value of the assets inside an ETF drops over time. StockValueFinder uses an erosion-risk score to measure this. BEEX has an erosion score of 100, and the label states "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag for this fund.

Top Holdings

The fund holds 44 different assets. Because the list is partial, we only see the largest ones. As of October 4, 2026, the top holdings included:

• Amazon.com Inc: 6.67%

• Alphabet Inc Class C: 5.23%

• Microsoft Corp: 5.23%

• Apple Inc: 4.87%

• Illumina Inc: 4.14%

• Nvidia Corp: 3.89%

• Franco-Nevada Corp: 3.81%

• Texas Instruments Inc: 3.53%

• Elevance Health Inc: 3.5%

• Linde PLC: 3.16%

Pros

• The fund has shown positive price and total returns over the last year.

• There is no detected NAV erosion, meaning the price trend is stable.

• It holds shares in many large, established companies.

Cons

• The distribution yield is very low.

• Payouts are irregular and not frequent.

Beginner takeaway

The Beehive ETF is a fund with a stable price trend and no current signs of NAV erosion. While it provides some growth, it is not designed for investors who need a high or steady stream of cash income.