EQTY: KOVITZ CORE EQUITY ETF
What this ETF is trying to do
The Kovitz Core Equity ETF (EQTY) is an exchange-traded fund that invests in a variety of companies. Based on its top holdings, it focuses on large, well-known businesses across different industries, including technology, finance, and healthcare.
What the numbers show
As of October 5, 2026, the share price of EQTY was $29.33.
When looking at performance, there are two different ways to measure returns:
• Price Return: This measures only the change in the share price. The one-year price return was 12.95%, and the three-year price return was 63.58%.
• Total Return: This reflects the overall return, including distributions. The one-year total return was 12.97%, and the three-year total return was 64.57%.
For a simple example, if you had invested $10,000 based on the estimated price from roughly one year ago ($25.97), the price-only growth would have increased that amount by 12.95%.
Income and Distribution Explanation
This ETF pays out cash distributions, but they are irregular and less frequent. Over the last 12 months, there was only one payout. The distribution yield is 2.08%.
It is important for new investors to remember that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original investment value will stay the same or grow.
NAV Erosion Explanation
"NAV erosion" happens when the underlying value of a fund's assets drops over time. StockValueFinder uses an erosion-risk score to measure this. EQTY has an erosion score of 100, and the label states "No price erosion detected." Additionally, the severe erosion-risk flag is false, meaning the fund has not triggered a warning for substantial price deterioration.
Top Holdings
The fund holds 52 different assets. Because the list is partial, we only see the Top Holdings. As of October 7, 2026, the largest holdings included:
• Microsoft Corp: 4.64%
• Alphabet Inc Class C: 4.60%
• Intercontinental Exchange Inc: 4.25%
• Charles Schwab Corp: 4.24%
• Visa Inc Class A: 4.24%
Pros
• Strong three-year price and total returns.
• No detected price erosion according to the erosion-risk score.
• Exposure to several large, global companies.
Cons
• Distributions are irregular and infrequent.
• The distribution yield is relatively low compared to funds designed specifically for high income.
Beginner Takeaway
EQTY is an equity fund that has seen significant price growth over the last three years. While it provides some cash income, its primary movement is driven by the share price of its holdings rather than high regular payouts.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 4.64% |
| 2 | ALPHABET INC CLASS C | GOOG | 4.60% |
| 3 | INTERCONTINENTAL EXCHANGE INC | ICE | 4.25% |
| 4 | CHARLES SCHWAB CORP | SCHW | 4.24% |
| 5 | VISA INC CLASS A | V | 4.24% |
| 6 | AON PLC CLASS A | AON | 3.95% |
| 7 | WATERS CORP | WAT | 3.94% |
| 8 | PHILIP MORRIS INTERNATIONAL INC | PM | 3.93% |
| 9 | AMAZON.COM INC | AMZN | 3.54% |
| 10 | SUNBELT RENTALS HOLDINGS INC | SUNB | 3.47% |