Name: An ETF of ETFs: TOT Aims to Track Broad Market and ‘Reduce Tax Drag’
Uploaded: 2025-09-04T20:22:46.627-05:00
Duration: 5 min 30 s
Description: 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.

Morning Movers

Opening Bell With Nicole Petallides

Morning Trade Live

Trading 360

Fast Market

Next Gen Investing

The Watch List

Market On Close

Market Overtime

Inside the Mind of a Trader

Your First Trade

The Wrap

Liz Ann Live

Schwab 2026 Outlook

<p>Market on Close is Schwab Network’s signature end-of-day show—live from Wall Street and Chicago—where market intel meets real-time momentum. With Sam Vadas at the NYSE and Marley Kayden anchoring from Chicago HQ, we connect the dots between traders, catalysts, and tomorrow’s opening bell.&nbsp;</p>

Daily insights for every investor

Schwab Network's Newsletters

<p>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.</p>

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

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.

Market News