Summary
Manager Directed Portfolios - SWP Growth & Income ETF is an ETF - a fund traded on an exchange like a stock - run by SWP Investment Management. Positions inside: 74. The ten largest make up 39% of the fund.
- Yearly costs
- 0.99%
- Fund size
- $144.0M
- Positions
- 74
- Dividend yield
- 2.09%
- Running since
- 2024
What speaks for it
Nothing stands out in its favour.
What to watch
- 89% of the fund is in one country (United States).
- Costs of 0.99% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2024.
- It trades little: only about $218.6K changes hands a day.
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
- -2.3%
- 3 months
- -2.1%
- This year
- -1.9%
- 1 year
- -2.0%
- Avg. market cap
- $1.21T
- P/E
- 24.7x
- Forward P/E
- 21.2x
- P/S
- 2.7x
- P/B
- 4.9x
- P/FCF
- 27.0x
- EV/EBITDA
- 18.2x
- Dividend yield
- 1.56%
- ROIC
- 18.8%
- ROE
- 40.1%
- Gross margin
- 52.3%
- Operating margin
- 29.6%
- Net margin
- 24.3%
- Payout ratio
- 38.5%
- Net debt/EBITDA
- 1.6x
- Beta
- 0.96
Weighted average of the 40 largest companies, which make up 98% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 MSMicrosoft MSFT 5.9%
- 2 AAApple AAPL 4.9%
- 3 NVNvidia NVDA 4.2%
- 4 MEMeta META 3.9%
- 5 IBIBM IBM 3.7%
- 6 AVBroadcom AVGO 3.5%
- 7 GOAlphabet GOOGL 3.5%
- 8 PMPhilip Morris PM 3.2%
- 9 TJThe TJX Companies, Inc. TJX 3.0%
- 10 JPJPMorgan JPM 2.8%
Positions in the fund: 74. The ten largest make up 39% of it.
Composition as of Oct 19, 2026.
Where is it spread?
One countryBy sector
- Technology 29%
- Financials 16%
- Healthcare 13%
- Industrials 13%
- Communication services 7.6%
- Other 22%
By country
- United States 89%
- Canada 2.9%
- United Kingdom 2.4%
- Ireland 2.3%
- Other countries 3.4%
By company size
- Mega cap 60%
- Large cap 40%
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 sector: Technology (29%). Largest country: United States (89%). Largest size group: Mega cap (60%).
What does it cost me?
Expensive- A year from $10,000
- $99.00
- Over 20 years
- $4,580
From every $10,000 invested the fund takes $99.00 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 $4,580.
How has it done?
Losing value- Over the last year
- -2.0%
- Deepest drop
- -17%
- Yearly volatility
- 13%
Decline over the last year: 2.0%. Deepest drop in these years: 17% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.09%
- Last payment
- $0.57
Over the last 12 months it paid $0.57 per share, which is 2.09% of today's price. The last payment was $0.57 on Sep 29, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $218.6K
- Shares a day
- 8.0K
On an average day about $218.6K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 24.7
- Average Bulios Score
- 70 out of 100
Weight by Bulios Fair Price
- Undervalued 21%
- Fairly valued 11%
- Overvalued 69%
On average the companies inside trade for 24.7 times their yearly profit. By Fair Price, 69% of the rated weight comes out as overvalued.
Counted from its largest companies (40), which make up 98% 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 | ||
|---|---|---|---|---|---|---|
TG TGLR Wedbush Laffer Tengler New Era Value ETF | United States | 0.85% | $20.9M | +9.5% | Pays out | 42% |
HE HEMI Hartford Equity Premium Income ETF | United States | 0.58% | $37.6M | - | Pays out | 42% |
RF RFFC ALPS Active Equity Opportunity ETF | United States | 0.48% | $30.9M | +18% | Pays out | 41% |
CG CGCV Capital Group Conservative Equity ETF | United States | 0.33% | $2.15B | +8.9% | Pays out | 40% |
CG CGDV Capital Group Dividend Value ETF | United States | 0.33% | $38.8B | +16% | Pays out | 40% |
SC SCLZ Swan Enhanced Dividend Income E | United States | 0.79% | $20.0M | +4.3% | Pays out | 39% |