Summary
Militia Long/Short Equity ETF is an ETF - a fund traded on an exchange like a stock - run by Militia. Positions inside: 271. The ten largest make up 68% of the fund.
- Yearly costs
- 10.91%
- Fund size
- $351.8M
- Positions
- 271
- Running since
- 2025
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 68% of the fund, so its result rests on a few names.
- Costs of 10.91% a year are above the middle of comparable funds (0.74%).
- A young fund: it has been running only since 2025.
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
- +2.2%
- 3 months
- +6.1%
- This year
- +14%
- 1 year
- +23%
- Avg. market cap
- $50.9B
- P/E
- 13.7x
- Forward P/E
- 12.9x
- P/S
- 2.1x
- P/B
- 2.2x
- P/FCF
- 12.3x
- EV/EBITDA
- 10.3x
- Dividend yield
- 1.96%
- ROIC
- 9.1%
- ROE
- 17.9%
- Gross margin
- 46.3%
- Operating margin
- 27.5%
- Net margin
- 21.0%
- Payout ratio
- 26.8%
- Net debt/EBITDA
- 2.1x
- Beta
- 0.03
Weighted average of the 50 largest companies, which make up 81% 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 & Other 30%
- 2 94Hikari Tsushin, Inc. 9435.T 12%
- 3 AXAxos Financial, Inc. AX 6.0%
- 4 74Ryohin Keikaku Co., Ltd. 7453.T 4.4%
- 5 GMGrupo México, S.A.B. de C.V. GMEXICOB.MX 3.8%
- 6 Energy Transfer LP 3.2%
- 7 CSCapital Southwest Corporation CSWC 2.5%
- 8 WEWestern Midstream Partners, LP WES 2.3%
- 9 Goodwin PLC 2.1%
- 10 OMGrupo Aeroportuario del Centro Norte, S.A.B. de C.V. OMAB 1.8%
Positions in the fund: 271. The ten largest make up 68% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy country
- Japan 50%
- Mexico 9.9%
- United Kingdom 6.9%
- France 4.4%
- Other countries 44%
By company size
- Mega cap 1.9%
- Large cap 48%
- Mid cap 29%
- Small cap 17%
- Micro cap 4.6%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest country: Japan (50%). Largest size group: Large cap (48%).
What does it cost me?
Expensive- A year from $10,000
- $1,091
- Over 20 years
- $23,576
From every $10,000 invested the fund takes $1,091 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 $23,576.
How has it done?
Growing over the long run- Over the last year
- +23%
- Deepest drop
- -9.9%
- Yearly volatility
- 14%
Growth over the last year: 23%. Deepest drop in these years: 9.9% below the earlier high.
Does it pay dividends?
We have no record of payments from this fund.
Is it easy to buy and sell?
Yes- Traded a day
- $2.57M
- Shares a day
- 66K
On an average day about $2.57M of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 13.7
- Average Bulios Score
- 67 out of 100
Weight by Bulios Fair Price
- Undervalued 39%
- Fairly valued 21%
- Overvalued 40%
On average the companies inside trade for 13.7 times their yearly profit. By Fair Price, 40% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 81% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.