PFDE: PATHFINDER DISCIPLINED US EQUITY ETF
What this ETF is trying to do
The Pathfinder Disciplined US Equity ETF (PFDE) is an exchange-traded fund that invests in U.S. companies. Based on its top holdings, it focuses heavily on large technology and growth companies.
What the numbers show
As of October 5, 2026, the share price was $28.55.
Looking at the performance so far this year (Year-to-Date):
• Price Return: The share price has increased by approximately 14.57%. This number only measures the change in the share price.
• Total Return: The total return is approximately 14.89%. This figure is a broader measure that includes both the price change and distributions.
Data for one-year and three-year returns was not supplied.
Top Holdings
The fund holds a total of 90 assets. Because the list is partial, we only see the largest holdings (updated as of October 7, 2026). The top 10 include:
• NVIDIA Corp: 9.94%
• Apple Inc: 6.64%
• Amazon.com Inc: 5.16%
• Microsoft Corp: 5.02%
• Alphabet Inc Class A: 3.10%
• Micron Technology Inc: 3.08%
• Broadcom Inc: 2.95%
• Mastercard Inc Class A: 2.47%
• Johnson & Johnson: 2.41%
• Alphabet Inc Class C: 2.33%
Income and distribution explanation
This ETF pays out cash to investors, known as distributions. The distribution yield is approximately 0.25%. Over the last 12 months, it has made 3 payouts. The frequency of these payments is described as irregular or less frequent.
It is important for beginners to know 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 (the principal) will stay the same or grow.
NAV Erosion Explanation
"NAV erosion" happens when the net asset value of a fund declines over time. This is a risk for income investors because they want their principal to remain stable.
For this ETF, the severe erosion-risk flag is false. However, the erosion score is currently unavailable because there is not enough verified price history to calculate it.
Pros
• Positive year-to-date price and total returns.
• Exposure to some of the largest companies in the U.S. economy.
• No severe erosion-risk flag.
Cons
• Very low distribution yield for those seeking high income.
• Insufficient price history to provide a long-term erosion score.
• Irregular distribution schedule.
Beginner takeaway
PFDE is a fund that tracks a variety of U.S. stocks, with a strong lean toward big tech. While it has shown growth so far this year, its income payments are small and irregular. Investors should remember that a high yield in any fund can be misleading if the share price is falling, though that is not the current YTD trend here.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 9.94% |
| 2 | APPLE INC | AAPL | 6.64% |
| 3 | AMAZON.COM INC | AMZN | 5.16% |
| 4 | MICROSOFT CORP | MSFT | 5.02% |
| 5 | ALPHABET INC CLASS A | GOOGL | 3.10% |
| 6 | MICRON TECHNOLOGY INC | MU | 3.08% |
| 7 | BROADCOM INC | AVGO | 2.95% |
| 8 | MASTERCARD INC CLASS A | MA | 2.47% |
| 9 | JOHNSON & JOHNSON | JNJ | 2.41% |
| 10 | ALPHABET INC CLASS C | GOOG | 2.33% |