The Fund Grade · free · no account needed
What grade does DRLL get?
Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.
Fundprints Fund Grade · as of 2026-10-01
Strive U.S. Energy ETF
#129 of 500 graded active funds · blend · large segment peer group
The point · specialist footprint
DRLL puts more of its book behind proven specialists than 81% of graded funds.
Bottom 20%
Bottom 40%
Middle
Top 40%
● Top 20%
That has mattered: over the past 2.7 years, funds on this rung beat bottom-rung funds by about 3.8% per quarter, and beat the S&P in 43% of fund-quarters versus their 22%. The evidence argues this fund earns its seat.
10,000+ funds tracked · the graded specialists among them drive every read
You pay 0.41% a year for a B.
The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.
DRLL vs the Honor Roll · share card ↗Conviction exposure
46.4%
of the book in specialist-converged names
Late-stage weight
7.4%
of the book in Crowded or Fading names
Active share
98.7%
how far it strays from the index
The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.
Inside the book: top names by stage · as of 2026-10-20
We email you the day it crosses 50% crowded, and where you stand every month.
Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.
The read · what to do with it
DRLL earns a B grade, ranking 129 of 500 graded funds, with 46% specialist backing and a reasonable 0.41% fee. The early story here is TPL, where specialists are building a position in the Emerging stage. The concern is the crowded weight in EQT and FANG, plus specialists actively leaving AR, RRC, and VNOM.
→ Watch the combined 7.6% weight in EQT and FANG closely, as specialists have marked both Crowded.
→ Note TPL at 2.4% as a genuine early position where proven specialists are still building conviction.
Support leaving these positions
Read from today's disclosed book. Evidence, not advice.