GPT: INTELLIGENT ALPHA ATLAS ETF
ETF Report: INTELLIGENT ALPHA ATLAS ETF (GPT)
What this ETF is trying to do
The INTELLIGENT ALPHA ATLAS ETF (ticker: GPT) is an exchange-traded fund listed on the NASDAQ. While the specific investment strategy is not detailed in the provided data, the fund holds a variety of different companies across various sectors. As of October 2026, the fund holds a total of 76 different assets.
What the numbers show
The current price of one share of GPT is $35.10. Looking at the historical performance, we can see how the share price has moved:
• Year-to-Date (YTD) Price Return: The share price has increased by approximately 17.28% since the start of the year.
• One-Year Price Return: Over the last 12 months, the share price has grown by approximately 16.01%.
• Estimated Price from Roughly One Year Ago: Based on reconstructed data, the price was approximately $30.26 one year ago.
It is important to distinguish between "price return" and "total return." Price return only tracks the change in the share price. Total return includes both the price change and any cash distributions paid out to investors. For GPT, the one-year total return was approximately 16.87%, which is slightly higher than the price return alone.
Income and distribution explanation
GPT provides cash distributions to investors, but they do not happen on a regular schedule. The distribution frequency is described as "irregular" or "less frequent," with only one payout recorded in the last 12 months. The distribution yield is approximately 0.64%. This yield represents the cash paid out relative to the current share price.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, regarding price erosion (the decline in the market price of the shares), the fund has an erosion score of 100, which is labeled as "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Top Holdings
The following are the top holdings in the portfolio (note that this is a partial list):
• VISTRA CORP: 3.44%
• TSM: 3.40%
• MICRON TECHNOLOGY INC: 3.38%
• CONSTELLATION ENERGY CORP: 3.06%
• NATERA INC: 2.81%
• BROADCOM INC: 2.75%
• ILLUMINA INC: 2.69%
• EATON CORP PLC: 2.65%
• NEWMONT CORP: 2.60%
• QUANTA SERVICES INC: 2.52%
Please remember that holdings can change over time.
Pros
• The fund has shown positive price returns both year-to-date and over the last year.
• The erosion-risk measurement is considered "good."
Cons
• Distributions are irregular and do not follow a frequent schedule.
• The distribution yield is relatively low at 0.64%.
Beginner takeaway
GPT has recently experienced growth in its share price. While it does pay distributions, they are not frequent. When looking at this ETF, remember that price returns and total returns are different, and a low distribution yield means the fund is not primarily focused on providing high levels of regular cash income.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | VISTRA CORP | VST | 3.44% |
| 2 | n/a | TSM | 3.40% |
| 3 | MICRON TECHNOLOGY INC | MU | 3.38% |
| 4 | CONSTELLATION ENERGY CORP | CEG | 3.06% |
| 5 | NATERA INC | NTRA | 2.81% |
| 6 | BROADCOM INC | AVGO | 2.75% |
| 7 | ILLUMINA INC | ILMN | 2.69% |
| 8 | EATON CORP PLC | ETN | 2.65% |
| 9 | NEWMONT CORP | NEM | 2.60% |
| 10 | QUANTA SERVICES INC | PWR | 2.52% |