Honeytree U.S. Equity ETFHoneytree U.S. Equity ETFHoneytree U.S. Equity ETF

Honeytree U.S. Equity ETF

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Key stats


Assets under management (AUM)
‪7.96 M‬USD
Fund flows (1Y)
‪643.34 K‬USD
Dividend yield (indicated)
0.59%
Discount/Premium to NAV
0.001%
Shares outstanding
‪250.00 K‬
Expense ratio
0.64%

About Honeytree U.S. Equity ETF


Issuer
Empirical Finance LLC
Brand
Honeytree
Inception date
Nov 6, 2023
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Empowered Funds LLC
Distributor
Quasar Distributors LLC
ISIN
US02072L3261
BEEZ curates a portfolio of 25-30 large- and mid-cap US stocks believed to be responsibly growing companies. Such companies are defined as purpose-driven, stakeholder-governed, and having a net positive impact. The fund combines extensive quantitative and fundamental research, considering attributes like competitive advantage, predictable fundamentals, skilled management, and consistent financials, with ESG factors factored in throughout. To add, earnings growth is evaluated based on free cash flow, dividends, and earnings not generated by acquisitions or additional debt. The selection initially utilizes about 25 quantitative criteria to create a Consideration Set of around 50 stocks. It then employs proprietary fundamental research using 45 equally weighted quantitative and qualitative criteria divided into 12 pillars. Lastly, the adviser conducts oversight and deeper qualitative research. This process results in a portfolio of 25-30 equally weighted companies, rebalanced quarterly.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 21, 2025
Exposure type
StocksBonds, Cash & Other
Producer Manufacturing
Technology Services
Finance
Health Technology
Process Industries
Stocks99.33%
Producer Manufacturing23.46%
Technology Services16.27%
Finance15.56%
Health Technology12.25%
Process Industries12.05%
Consumer Services4.07%
Retail Trade4.01%
Distribution Services3.98%
Consumer Durables3.95%
Industrial Services3.72%
Bonds, Cash & Other0.67%
Mutual fund0.59%
Cash0.08%
Stock breakdown by region
87%12%
North America87.88%
Europe12.12%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows



Frequently Asked Questions


BEEZ invests in stocks. The fund's major sectors are Producer Manufacturing, with 23.46% stocks, and Technology Services, with 16.27% of the basket. The assets are mostly located in the North America region.
BEEZ top holdings are Accenture Plc Class A and AptarGroup, Inc., occupying 4.20% and 4.15% of the portfolio correspondingly.
BEEZ last dividends amounted to 0.19 USD. The year before, the issuer paid 0.05 USD in dividends, which shows a 71.24% increase.
BEEZ assets under management is ‪7.96 M‬ USD. It's fallen 3.47% over the last month.
BEEZ fund flows account for ‪643.34 K‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BEEZ pays dividends to its holders with the dividend yield of 0.59%. The last dividend (Dec 31, 2024) amounted to 0.19 USD. The dividends are paid annually.
BEEZ shares are issued by Empirical Finance LLC under the brand Honeytree. The ETF was launched on Nov 6, 2023, and its management style is Active.
BEEZ expense ratio is 0.64% meaning you'd have to pay 0.64% of your investment to help manage the fund.
BEEZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BEEZ invests in stocks.
BEEZ price has fallen by −3.36% over the last month, and its yearly performance shows a −0.97% decrease. See more dynamics on BEEZ price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.61% over the last month, showed a −3.57% decrease in three-month performance and has decreased by −0.53% in a year.
BEEZ trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.