The Fund Grade · free · no account needed

What grade does JSTC 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.

A

Fundprints Fund Grade · as of 2026-09-01

Adasina Social Justice All Cap Global ETF

#39 of 440 graded active funds · blend · mid segment peer group

The point · specialist footprint

JSTC sits mid pack for specialist backing among graded funds.

Bottom 20%

Bottom 40%

● Middle

Top 40%

Top 20%

beat the S&P in 22% of quarters+3.8 pts/qtr better · 43% beat rate

The middle rungs sat between the extremes, and the pattern was monotonic: every step up in specialist backing came with better subsequent results. Not damning, not compelling. The fee decides whether it is worth it.

2,825 graded funds · 2.7 years of filings, measured as they were published · evidence, not advice

You pay 0.89% a year for a A.

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.

Conviction exposure

13.9%

of the book in specialist-converged names

Late-stage weight

29.6%

of the book in Crowded or Fading names

Active share

89.8%

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 2026-09-09

Early Conviction
NTAP 1.3%VRT 0.4%STRL 0.3%+7 locked
Consensus
NVDA 2.5%INTC 1.9%MRK 1%+127 locked
Emerging
HUBB 0.7%DHR 0.5%FERG 0.3%+20 locked
Crowded
NXPI 1.9%MPWR 1.3%T 0.9%+53 locked
Fading
NFLX 0.8%CDNS 0.8%ADSK 0.6%+43 locked

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

JSTC earns an A grade and ranks 39 out of 440 graded funds, with specialist investors still building early positions in NVDA, NTAP, and ALAB. The concern is a cluster of crowded holdings including NXPI and MPWR where specialists are leaving. At 0.89% annually, you are paying a premium fee for a values-screened fund that is genuinely early in select names.

Monitor NXPI, MPWR, T, ROK, and RMBS closely as specialist investors are actively leaving these crowded positions.

The early conviction in NVDA and ALAB supports the A grade; track whether specialists continue building those positions.

Support leaving these positions

NXPI 1.9% of the fund · Crowded

MPWR 1.3% of the fund · Crowded

T 0.9% of the fund · Crowded

ROK 0.9% of the fund · Crowded

RMBS 0.8% of the fund · Crowded

Where it's genuinely early

NTAP 1.3% of the fund · Early Conviction

HUBB 0.7% of the fund · Emerging

DHR 0.5% of the fund · Emerging

Read from today's disclosed book. Evidence, not advice.

The evidence base updates this week.

The specialists — not the whales — are already positioned for what comes next. Stop finding out last.

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