# Bushido Capital US SMID Cap Equity ETF (RNIN) — Overview

RNIN · NASDAQ · Fund

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

## Price

Last close $37.61 on Oct 15, 2026. 52-week range $26.10 – $38.68.

## Fund profile

RNIN is an actively managed ETF that aims for long-term capital appreciation by investing in small- and mid-cap stocks. The fund selects stocks through a fundamental value approach using both quantitative and qualitative analyses.

| Metric | Value |
| --- | --- |
| Issuer | Empowered Funds, LLC |
| Industry | — |
| Inception | May 14, 2025 |
| Assets under management | $209.2M |
| Expense ratio | 0.68% |
| Net asset value | $37.60 (as of Oct 15, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Bushido Capital US SMID Cap Equity ETF (RNIN)?

RNIN is an actively managed ETF that aims for long-term capital appreciation by investing in small- and mid-cap stocks. The fund selects stocks through a fundamental value approach using both quantitative and qualitative analyses.

### What is RNIN's expense ratio?

Bushido Capital US SMID Cap Equity ETF charges an annual expense ratio of 0.68%. The fund is issued by Empowered Funds, LLC.

### How large is RNIN?

Bushido Capital US SMID Cap Equity ETF manages $209.2M in assets and has traded since May 14, 2025.

### How do I buy shares of Bushido Capital US SMID Cap Equity ETF (RNIN)?

RNIN 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.

---

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).