Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Fund Details
Upturn AI Summary
Frontier Asset U.S. Large Cap Equity ETF(FLCE)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FLCE
11/06/2026: FLCE (1-star) is a SELL. SELL for 2 days. Simulated Profits (5.36%). Updated daily EoD!
The Frontier Asset U.S. Large Cap Equity ETF (FLCE) is an actively managed fund-of-funds that provides exposure to U.S. large-cap stocks by investing in a curated basket of active ETFs. Its main strength lies in its professional selection of investment managers to optimize risk-adjusted returns. It is best suited as a core equity component for investors who prefer active oversight rather than passive indexing. Investors should be mindful of its higher 0.86% expense ratio and the underlying market risks inherent in equities. Key factors to monitor include the fund's liquidity, the performance of its selected underlying holdings, and its ability to outperform passive index alternatives over time.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The fund provides large-cap exposure but is actively managed and may not outperform high-growth passive indices. |
| Momentum investor | Mixed fit | While it holds factor-based ETFs, it is not a pure-play momentum vehicle and depends on the manager's active rebalancing. |
| Value investor | Mixed fit | The fund includes value-oriented holdings but is a blend of various strategies rather than a dedicated value product. |
| Dividend/Income investor | Mixed fit | It holds dividend-focused ETFs like VIG, but the overall yield is secondary to the goal of total return. |
| Low-risk investor | Weak fit | The fund is 100% equity-based, which inherently carries significant market and volatility risks. |
Investor Profile
Ideal Investor Profile
An investor who believes in the potential of active management and wants a 'one-stop-shop' for a curated selection of active equity ETFs.
Suitability
Best for long-term investors who prioritize manager expertise and active strategy over the lowest possible expense ratio.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | As an equity-only fund, its price will fluctuate significantly with broad market sentiment. |
| Market risk | High | The fund is entirely exposed to U.S. large-cap equity fluctuations. |
| Concentration | Medium | The fund is concentrated in a small number of ETFs, increasing reliance on those specific managers. |
| Tracking/expense | High | The 0.86% expense ratio is significantly higher than passive large-cap index funds. |
| Liquidity | Medium | Lower daily trading volume can lead to wider bid-ask spreads for retail investors. |
| Business/sector quality | Medium | The fund's success depends on the skill of the Frontier investment team and the performance of underlying active managers. |
Risk Analysis
Volatility
Moderate to high, driven by the inherent risks of a 100% equity-based fund.
Market Risk
High, as the fund is directly tied to the performance of the U.S. large-cap equity market.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Single stock/ETF | T. Rowe Price U.S. Equity Research ETF (TSPA) | 26.2 | This is the largest holding, providing exposure to U.S. equity research-driven strategies. |
| Single stock/ETF | iShares U.S. Equity Factor ETF (LRGF) | 19.2 | This holding provides exposure to multi-factor U.S. equity investment styles. |
| Single stock/ETF | JPMorgan Active Value ETF (JAVA) | 15.1 | This component adds active value-style management to the portfolio. |
| Single stock/ETF | Vanguard Dividend Appreciation ETF (VIG) | 11.5 | This provides exposure to companies with a history of increasing dividends. |
| Single stock/ETF | T. Rowe Price Capital Appreciation Equity ETF (TCAF) | 11.4 | This holding contributes growth-oriented capital appreciation strategies. |
| Single stock/ETF | JPMorgan Active Growth ETF (JGRO) | 11.1 | This provides active growth exposure to the fund. |
| Single stock/ETF | GMO U.S. Quality ETF (QLTY) | 5.3 | This adds a quality-focused investment factor to the overall mix. |
| Cash/collateral | Cash and Cash Equivalents | 0.2 | Small residual cash position for liquidity and transactional purposes. |
Analysis of Past Performance
Type ETF | Historic Profit 16.77% | Avg. Invested days 106 | Today’s Advisory SELL |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 11/06/2026 |
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.