ETF Education Report: TOWLE VALUE ETF (TCV)

What this ETF is trying to do

The TOWLE VALUE ETF (ticker: TCV) is an exchange-traded fund listed on the NYSE. While the specific investment strategy isn't detailed in the data, it holds a variety of different companies. This list of holdings is partial, meaning we are only seeing some of the companies inside the fund.

Top Holdings

As of October 4, 2026, some of the largest companies in this ETF include:

• Arrow Electronics Inc (3.24%)

• Five9 Inc (3.14%)

• Gold.com Inc (2.92%)

• Compass Inc Class A (2.76%)

• Magna International Inc (2.75%)

• Methode Electronics Inc (2.72%)

• TD Synnex Corp (2.70%)

• Progeny Inc (2.62%)

• Harley-Davidson Inc (2.55%)

• Insperity Inc (2.52%)

Please remember that holdings can change over time.

What the numbers show

When looking at an ETF, it is important to know the difference between "price return" and "total return." Price return only tracks how much the share price moves. Total return includes both the price movement and any cash distributions paid out.

For TCV, the numbers show:

• Year-to-Date (YTD): The price return is approximately 23.69%. The total return is approximately 24.13%.

• One-Year: The price return is approximately 22.53%. The total return is approximately 23.34%.

To visualize the price change, we can look at an estimated price from roughly one year ago. The price was approximately $26.14, and the current price is $32.03.

Income and distribution explanation

Some investors look for ETFs that pay out cash, known as distributions. TCV has a distribution yield of approximately 0.58%. This means the cash paid out is about 0.58% of the ETF's price. The fund usually pays these out quarterly, with 4 payouts recorded over the last 12 months.

It is important to remember that a distribution yield is not the same as total return. A high yield does not guarantee you will earn that much in total profit.

NAV erosion explanation

"NAV erosion" is a term used to describe when the value of the underlying assets in a fund decreases significantly. StockValueFinder uses an "erosion-risk score" to measure this risk. For TCV, the erosion score is 100, which is labeled as "No price erosion detected." There is no severe erosion-risk flag for this ETF.

Pros

• The ETF has shown positive price returns both year-to-date and over the last year.

• The erosion-risk measurement is rated as "good."

Cons

• The distribution yield (0.58%) is relatively low, which resulted in an income rating grade of "C."

• Total return data for the last three years was not supplied.

Beginner takeaway

TCV has seen its share price grow over the last year. While it does pay out some cash through distributions, the amount is small compared to the overall price growth. Always remember that looking at just the dividend or yield can be misleading; it is helpful to look at the total return to see how the investment performed overall.