# Applied Finance IVS US SMID ETF (IVSS) — Overview

IVSS · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/ivss

## Price

Last close $29.79 on Oct 15, 2026. 52-week range $25.08 – $31.23.

## Fund profile

IVSS seeks long term capital appreciation.

| Metric | Value |
| --- | --- |
| Issuer | Applied Finance Advisors, LLC |
| Industry | — |
| Inception | Dec 3, 2025 |
| Assets under management | $27.9M |
| Expense ratio | 0.59% |
| Net asset value | $29.37 (as of Oct 14, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is Applied Finance IVS US SMID ETF (IVSS)?

IVSS seeks long term capital appreciation.

### What is IVSS's expense ratio?

Applied Finance IVS US SMID ETF charges an annual expense ratio of 0.59%. The fund is issued by Applied Finance Advisors, LLC.

### How large is IVSS?

Applied Finance IVS US SMID ETF manages $27.9M in assets and has traded since Dec 3, 2025.

### How do I buy shares of Applied Finance IVS US SMID ETF (IVSS)?

IVSS trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).