RW
Rainwater Equity ETF
Investing In Recurring Revenue Businesses
The Rainwater Equity ETF (NYSE: RW) seeks to achieve long-term capital appreciation. The fund seeks to achieve this objective by holding a focused portfolio of recurring revenue businesses led by exceptional management teams for the long run. We believe these businesses typically offer more durable growth, fewer surprises, and greater long-term wealth creation potential.
Rainwater is led by Joseph R. Shaposhnik, former portfolio manager of the TCW Compounders ETF. Under his leadership for nearly a decade, the fund that he previously managed was ranked the top-performing fund out of 343 peers in its U.S. Large Cap Core Equity category by Nasdaq eVestment.
By combining a disciplined focus on contract-based or repeat-purchase revenue with the experience of a seasoned investment manager, Rainwater seeks to provide investors with a structural advantage.
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Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so shares may be worth more or less when redeemed or sold. Current performance may be lower or higher than that quoted. Visit rainwateretf.com/ for the fund’s standardized performance, and holdings details.
Fund Overview
Portfolio Manager
Month-End Performance
Quarter-End Performance
Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so shares may be worth more or less when redeemed or sold. Current performance may be lower or higher than that quoted.
Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times. Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. YTD is year-to-date and ITD is inception-to-date.
NAV and Market Price
NAV is the sum of all assets less liabilities, divided by the number os shares outstanding.
Portfolio Holdings
Fund holdings and allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Completed Calendar Quarters of Current Year
The fund is traded at a premium if the price of the fund is trading above its NAV. Conversely, the fund is traded at a discount if the price of the fund is trading below its NAV.