Dana Unconstrained Equity ETF is an actively managed ETF with a high-conviction strategy centered on disruptive technologies. With 21 equities in the portfolio, DUNK has a solid mix of growth and quality characteristics, including a 25.4% weighted average forward revenue growth rate and 16% ROTC. Even though DUNK has been on a tear recently, it has underperformed IVV and QQQM, as well as FDTX and FWD, since September 2025.