What this ETF is trying to do

The RAINWATER EQUITY ETF (ticker: RW) is an exchange-traded fund that holds a variety of different assets. Based on its top holdings, it includes both government obligations and stocks from many different companies. Because the list of holdings can change over time, it is important to look at the most recent data.

Top Holdings:

• First American Government Obligs X: 14.99%

• Berkshire Hathaway Inc Class B: 6.40%

• Diploma PLC: 6.31%

• Apple Inc: 4.90%

• Heico Corp: 4.62%

• Loar Holdings Inc: 4.49%

• Ametek Inc: 3.60%

• Alphabet Inc Class A: 3.35%

• Mastercard Inc Class A: 3.10%

• NIQ Global Intelligence PLC: 2.94%

What the numbers show

As of October 5, 2026, the current price of one share is $24.65. The estimated price from roughly one year ago was $25.40.

The numbers show a recent share-price decline:

• One-year price return: approximately -2.95%

• Year-to-date (YTD) price return: approximately -0.70%

Because the total return data provided is the same as the price return, the one-year total return is also approximately -2.95%.

To see how this looks with a real amount of money, imagine you had $10,000 in this ETF one year ago. Based on the one-year price return, that investment would be worth approximately $9,705 today.

Income and distribution explanation

Some investors look for ETFs that pay them cash regularly; this is called a "distribution." The distribution yield for this ETF is 0%. In the last 12 months, no distributions were detected. This means the ETF has not been paying out cash to its investors recently.

NAV erosion explanation

"NAV erosion" is a term used to describe when the actual value of the assets inside an ETF goes down over time. Investors often watch this because they want their original investment to stay stable.

StockValueFinder uses an "erosion-risk score" to measure this risk. This ETF has an erosion score of 94, which is labeled as "Stable / sideways." There is no severe erosion-risk flag for this fund.

Pros

• Stable Risk Score: The erosion-risk measurement is considered "good" and shows the fund is currently stable or moving sideways.

• Diversification: The fund holds 35 different total holdings, which spreads the investment across many different companies and assets.

Cons

• Price Decline: The share price has seen a decline over the last year.

• No Income: There is currently no distribution yield or regular cash payout for investors.

Beginner takeaway

The RAINWATER EQUITY ETF has experienced some recent share-price declines and does not currently pay out cash distributions. However, its erosion-risk score suggests that the underlying value of the fund is currently considered stable.