- ISIN
- US66538R5404
- CUSIP
- 66538R540
- Issuer
- Counterpoint Funds
- Inception Date
- Nov 28, 2023
- Category
- Mid Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Value
- Assets Under Management
- $337M
Share Price Chart
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Performance
CPAI Performance Chart
Counterpoint Quantitative Equity ETF (CPAI) is up 28.2% since the beginning of the year. CPAI is currently trading at $51 per share.
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Returns By Period
Counterpoint Quantitative Equity ETF (CPAI) has returned 28.15% so far this year and 45.05% over the past 12 months.
Counterpoint Quantitative Equity ETF
- 1D
- 1.50%
- 1M
- 4.32%
- YTD
- 28.15%
- 6M
- 26.33%
- 1Y
- 45.05%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
CPAI Monthly Returns History
Based on dividend-adjusted daily data since Nov 29, 2023, CPAI's average daily return is +0.12%, while the average monthly return is +2.38%. At this rate, an investment would double in approximately 2.5 years.
Historically, 63% of months were positive and 38% were negative. The best month was Apr 2026 with a return of +11.8%, while the worst month was Mar 2025 at -6.5%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 3 months.
On a daily basis, CPAI closed higher 57% of trading days. The best single day was Apr 9, 2025 with a return of +8.6%, while the worst single day was Apr 4, 2025 at -7.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.46% | 3.39% | -6.20% | 11.82% | 9.37% | 0.55% | 28.15% | ||||||
| 2025 | 7.38% | -2.91% | -6.45% | -2.01% | 6.18% | 6.71% | -3.86% | 3.95% | 6.27% | -0.50% | 2.53% | 0.40% | 17.79% |
| 2024 | 0.93% | 4.28% | 5.65% | -2.85% | 8.65% | -0.97% | 2.93% | -0.35% | 4.68% | -0.12% | 9.63% | -6.06% | 28.37% |
| 2023 | -0.92% | 6.65% | 5.67% |
Benchmark Metrics
Counterpoint Quantitative Equity ETF has an annualized alpha of 8.80%, beta of 1.05, and R2 of 0.70 versus S&P 500 Index. Calculated based on daily prices since November 29, 2023.
- This ETF captured 138.30% of S&P 500 Index gains but only 98.96% of its losses - a favorable profile for investors.
- This ETF generated an annualized alpha of 8.80% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.05 and R2 of 0.70, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 8.80%
- Beta
- 1.05
- R²
- 0.70
- Upside Capture
- 138.30%
- Downside Capture
- 98.96%
Expense Ratio
CPAI has an expense ratio of 0.75%, placing it in the medium range.
Return for Risk
Risk / Return Rank
CPAI ranks 76 for risk / return — better than 76% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Counterpoint Quantitative Equity ETF (CPAI) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CPAI | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.37 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.32 | 2.78 | +1.53 |
| Martin ratioReturn relative to average drawdown | 15.22 | 12.44 | +2.78 |
Dividends
Dividend History
Counterpoint Quantitative Equity ETF provided a 0.70% dividend yield over the last twelve months, with an annual payout of $0.36 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $0.36 | $0.36 | $0.14 | $0.02 |
Dividend yield | 0.70% | 0.89% | 0.41% | 0.06% |
Monthly Dividends
The table displays the monthly dividend distributions for Counterpoint Quantitative Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2023 | $0.02 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Counterpoint Quantitative Equity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Counterpoint Quantitative Equity ETF was 21.46%, occurring on Apr 8, 2025. Recovery took 101 trading sessions.
The current Counterpoint Quantitative Equity ETF drawdown is 1.27%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -21.46%Apr 2025 | 1mo 26d | 4mo 28d | 6mo 24dFeb 2025 - Sep 2025 |
2026 correction2026 | -10.48%Mar 2026 | 27d | 16d | 1mo 13dMar 2026 - Apr 2026 |
2024 pullback2024 | -9.44%Aug 2024 | 2mo 15d | 1mo 15d | 4moMay 2024 - Sep 2024 |
2026 pullback2026 | -8.07%Feb 2026 | 10d | 25d | 1mo 5dJan 2026 - Mar 2026 |
2025 pullback2025 | -7.14%Nov 2025 | 24d | 8d | 1mo 2dOct 2025 - Nov 2025 |
Drawdown Indicators
| CPAI | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.46% | -56.78% | +35.32% |
Max Drawdown (1Y)Largest decline over 1 year | -10.48% | -9.10% | -1.38% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.27% | -1.80% | +0.53% |
Average DrawdownAverage peak-to-trough decline | -2.98% | -10.71% | +7.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.97% | 2.03% | +0.94% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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