What this ETF is trying to do

The TimesSquare Quality Mid Cap Growth ETF (TSCM) is an exchange-traded fund designed to invest in mid-sized companies that show characteristics of growth. Based on its top holdings, the fund includes various companies in sectors like technology and industrial services.

What the numbers show

As of October 5, 2026, the current price of TSCM is $19.76.

When looking at how the fund has performed recently, we can look at the Year-to-Date (YTD) figures. The YTD price return is -8.95%. Because there were no distributions, the YTD total return is also -8.95%. This means the share price has declined by approximately 8.95% since the start of the year.

Other performance data, such as one-year or three-year returns, was not supplied in the available facts.

Income and distribution explanation

For investors looking for regular cash payments, it is important to note that TSCM currently shows no history of distributions. The distribution yield is 0%, and there have been no payouts detected over the last 12 months. Because of this, the fund has an income rating grade of "F."

NAV erosion explanation

"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). While the share price has declined recently, a falling market price does not always mean the NAV has declined.

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. Currently, the erosion score is withheld because there is not enough verified price history available. There is no severe erosion-risk flag present for this ETF.

Top Holdings

The following are the top holdings in the fund (note that this is a partial list):

• JFROG LTD ORDINARY SHARES (3.92%)

• EMCOR GROUP INC (3.78%)

• SNOWFLAKE INC ORDINARY SHARES (3.71%)

• ROSS STORES INC (3.59%)

• COMFORT SYSTEMS USA INC (3.58%)

• ASTERA LABS INC (3.53%)

• CURTISS-WRIGHT CORP (3.50%)

• ENCOMPASS HEALTH CORP (3.47%)

• CASEY'S GENERAL STORES INC (3.39%)

• SERVICETITAN INC CLASS A ORDINARY SHARES (3.16%)

Holdings can change over time. This list was updated as of October 7, 2026.

Pros

• The fund provides exposure to a variety of mid-cap growth companies.

• It is not a leveraged or inverse ETF, meaning it does not use complex debt to multiply returns or bet against the market.

Cons

• The fund has shown a negative price return for the year to date.

• It does not currently provide any distribution income for investors.

Beginner takeaway

TSCM is a growth-focused ETF that does not currently pay out dividends or distributions. Investors should be aware that the share price has declined by about 8.95% so far this year. Because it does not pay income, it may not fit the needs of someone looking for regular cash payments from their investments.