An ETF of ETFs: TOT Aims to Track Broad Market and ‘Reduce Tax Drag’

Sofia Massie, CEO of LionShares, brings the case for their debut actively managed ETF, TOT. It tracks the broad market but “reduces tax drag” by aiming to pay “no dividends.” Sofia discusses the founding story and the fund’s top holdings, which are all ETFs themselves.

Market On Close

04 Sep 2025

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