Summary
Tuttle Capital Pure Play Photonics ETF is an ETF - a fund traded on an exchange like a stock - run by Tuttle Capital. Positions inside: 42. The ten largest make up 143% of the fund.
- Yearly costs
- 0.75%
- Fund size
- $108.1M
- Positions
- 42
- Running since
- 2026
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 143% of the fund, so its result rests on a few names.
- 41% of the fund is in one sector (Technology).
- Costs of 0.75% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 44% from its high.
- A young fund: it has been running only since 2026.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -14%
- 3 months
- -21%
- Avg. market cap
- $27.8B
- P/E
- 44.7x
- Forward P/E
- 34.8x
- P/S
- 5.6x
- P/B
- 3.4x
- P/FCF
- 71.5x
- EV/EBITDA
- 24.5x
- Dividend yield
- 0.02%
- ROIC
- 2.5%
- ROE
- -59.3%
- Gross margin
- 29.2%
- Operating margin
- -207.5%
- Net margin
- -284.5%
- Payout ratio
- 0.9%
- Net debt/EBITDA
- -4.0x
- Beta
- 1.86
Weighted average of the 14 largest companies, which make up 42% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 CASH AND CASH EQUIVALENTS 81%
- 2 RECV FOTO TRS LITE EQ 12%
- 3 LILumentum Holdings Inc. LITE 8.4%
- 4 RECV FOTO TRS FN EQ 7.5%
- 5 RECV FOTO TRS COHR EQ 7.3%
- 6 RECV FOTO TRS IPGP EQ 6.9%
- 7 IPIPG Photonics Corporation IPGP 5.8%
- 8 RECV FOTO TRS CIEN EQ 5.0%
- 9 CICiena CIEN 4.8%
- 10 RECV FOTO TRS VIAV EQ 4.5%
Positions in the fund: 42. The ten largest make up 143% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 41%
- Basic materials 2.4%
- Financials 1.1%
- Other 55%
By country
- United States 34%
- Cayman Islands 2.7%
- Canada 1.2%
- Other countries 63%
Largest sector: Technology (41%). Largest country: United States (34%).
What does it cost me?
Expensive- A year from $10,000
- $75.00
- Over 20 years
- $3,544
From every $10,000 invested the fund takes $75.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,544.
How has it done?
- Deepest drop
- -44%
It has traded for less than a year, too short to judge.
Does it pay dividends?
We have no record of payments from this fund.
Is it easy to buy and sell?
Yes- Traded a day
- $6.53M
- Shares a day
- 415K
On an average day about $6.53M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 44.7
- Average Bulios Score
- 43 out of 100
Weight by Bulios Fair Price
- Undervalued 4.6%
- Fairly valued 0.0%
- Overvalued 95%
On average the companies inside trade for 44.7 times their yearly profit. By Fair Price, 95% of the rated weight comes out as overvalued.
Counted from its largest companies (14), which make up 42% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
SP SPRX Spear Alpha ETF | United States | 0.75% | $88.7M | -1.2% | Reinvests | 24% |
EU EUV Corgi Lithography & Semiconductor Photonics ETF | United States | 0.35% | $379.8M | - | - | 22% |
LY LYTE Roundhill Photonics & Optics ETF | United States | 0.65% | $144.3M | - | - | 21% |