Dana Unconstrained Equity ETF

Dana Unconstrained Equity ETF is an actively managed investment fund focusing on long-term capital growth through equity securities. Its primary function is to offer exposure to a diversified portfolio of large-cap U.S. companies, concentrating almost exclusively on developed markets and maintaining a high degree of transparency regarding holdings. The fund holds a concentrated selection of approximately 21 stocks, with notable allocations to major technology and consumer companies such as Microsoft, Meta Platforms, Visa, and Amazon. Sector exposure centers on U.S. innovation-driven industries, making this ETF especially relevant for investors seeking active management within the large-cap growth segment. Sponsored by Tidal, Dana Unconstrained Equity ETF stands out for its full holdings transparency, absence of derivatives, and straightforward open-ended structure, which may help provide clarity and simplicity to market participants. With an expense ratio below the peer average, it plays a distinct role for those who prioritize active stock selection and U.S.-centric investing within the wider equity ETF ecosystem.