Kovitz Core Equity ETF (EQTY) Performance
EQTY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +9.2% since Dec 31, 2025
- 1 year
- +11.8% total return
- 3 years
- +19.0% a year
- Since first price
- +16.7% a year since 2022
EQTY trailing returns vs SPY, QQQ, AGG
| Period | EQTY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.4% | +1.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.1% | +4.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.3% | +8.3% | +7.8% | +8.4% | −1.5% |
| YTD | +9.2% | +9.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +11.8% | +11.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +68.4%+19.0%/yr | +67.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionDec 12, 2022 | +81.7%+16.7%/yr | +80.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EQTY vs SPY
From Dec 12, 2022: EQTY grew to $18,173, SPY to $20,063.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EQTY returns by calendar year
3 of 3 full years positive. Best 2023 (+27.0%), worst 2025 (+13.6%). 2026 is year to date.
EQTY annual returns table
| Year | EQTY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +9.2% | −11.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +13.6% | −17.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +19.9% | −6.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +27.0% | −11.5% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EQTY largest drawdowns
Now 1.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 6, 2025 | −17.3% | Apr 8, 2025 | Jul 2, 2025 | 2 months | 5 months |
| Jan 28, 2026 | −11.9% | Mar 27, 2026 | Jul 1, 2026 | 58 days | 5 months |
| Aug 1, 2023 | −11.5% | Oct 27, 2023 | Dec 13, 2023 | 3 months | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EQTY risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +17.3% | +18.0% |
| Volatility (annualized) | 12.4% | 13.1% |
| Sharpe ratio | 1.01 | 1.00 |
| Sortino ratio | 1.67 | 1.77 |
| Best month | +8.1% | +9.7% |
| Worst month | −7.7% | −7.7% |
| Best 12 months | +33.4% | +33.4% |
| Worst 12 months | +6.0% | +6.0% |
| Positive months | 72% | 69% |
| Beta vs S&P 500 | 0.88 | — |
| Correlation with S&P 500 | 0.88 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EQTY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 35 | +6.0% | +15.3% | +33.4% | 100% |
| 3-year (a year) | 11 | +14.3% | +17.3% | +20.0% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
EQTY performance overview
Kovitz Core Equity ETF (EQTY) returned +11.8% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +16.7% a year, turning $10,000 into about $18,173. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −17.3%, from Feb 6, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. EQTY finished 3 of its 3 full calendar years with a gain; the best year was 2023 (+27.0%) and the worst 2025 (+13.6%). Volatility has been 13.1% a year.
Related: EQTY chart, EQTY holdings, EQTY dividends, EQTY valuation. See the EQTY overview for the latest quote and fund facts.
EQTY performance FAQ
What is the EQTY return over the past year?
EQTY returned +11.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 11.8%.
How much would $10,000 invested in EQTY be worth?
$10,000 invested in EQTY at its first recorded close on December 12, 2022 would be worth about $18,173 on October 23, 2026 with distributions reinvested.
What was the worst year for EQTY?
The worst calendar year was 2025, with a total return of +13.6%. The best was 2023 at +27.0%.
What is the biggest drawdown of EQTY?
The largest peak-to-trough decline was −17.3% between February 6, 2025 and April 8, 2025. It recovered to the old high on July 2, 2025, 3 months after the bottom.
How volatile is EQTY?
Over the past 3 years EQTY had an annualized volatility of 12.4% and a Sharpe ratio of 1.01 (excess return over 1–3 month T-bills per unit of risk).