6 registered advisors · 62 reported ETFs · $216.7M reported ETF value · $437M regulatory AUM
Note Advisors, LLC is an investment adviser that files Form ADV with the SEC in Buffalo, NY, with 6 registered advisors, reporting $437M in regulatory assets under management. Its 13F filings report 62 ETF positions worth $216.7M.
Last updated 2026-03-30 (latest Form ADV filing)
Scale
Ratios computed from the firm's own Form ADV filing. Each caption ranks the firm against every other firm that reported the same figures.
This firm's strongest reported position on each research ranking. Institution-level evidence, not an individual advisor or client holding.
| Ranking | Fund | Reported value | Percentile | Key figures |
|---|---|---|---|---|
| Similar Fund Ranking | SPYM — State Street SPDR Portfolio S&P 500 ETF | $221.4K | Top 99.3% | Peer conviction 72.5% · Active return +3.01% |
| Addressable Market | SPYM — State Street SPDR Portfolio S&P 500 ETF | $221.4K | Top 99.5% | Addressable AUM $9.7T · Peer conviction 72.5% |
| Residual Alpha | DFAU — Dimensional US Core Equity Market ETF | $54.8M | Top 98.1% | Residual alpha +0.44% · Residual Sharpe 0.03 |
| Diversification Benefits | QYLD — Global X NASDAQ 100 Covered Call ETF | $2.8M | Top 94.7% | Replicability (R²) 66.3% · Residual Sharpe 0.07 |
Historical comparisons from the published research release formed 2026-10-02; not forecasts or recommendations. Source: SEC Form 13F. These are institution-level reported positions; they do not establish that any individual advisor or their clients hold a fund.
Form ADV facts as filed, most recently 2026-03-30. Figures are the firm's own reported numbers.
Identity
Item 1 and registration status.
Size
Items 5.A through 5.D.
Assets
Item 5.F and custody.
Clients
Item 5.D, by reported assets.
Practice
Items 4 through 9.
Source: SEC Form ADV filed by CRD 171466. View the official SEC IAPD record
| Fund | Reported value | Share of reported ETF value | Fund research |
|---|---|---|---|
| DFAU — Dimensional US Core Equity Market ETF | $54.8M | 25.3% | Research alternatives to DFAU · DFAU institutional holders |
| DFCF — Dimensional Core Fixed Income ETF | $24.4M | 11.3% | Research alternatives to DFCF · DFCF institutional holders |
| DFAI — Dimensional International Core Equity Market ETF | $19.1M | 8.8% | Research alternatives to DFAI · DFAI institutional holders |
| DFAC — Dimensional U.S. Core Equity 2 ETF | $11.2M | 5.2% | Research alternatives to DFAC · DFAC institutional holders |
| BND — Vanguard Total Bond Market ETF | $9.2M | 4.2% | Research alternatives to BND · BND institutional holders |
| DFAE — Dimensional Emerging Core Equity Market ETF | $7.6M | 3.5% | Research alternatives to DFAE · DFAE institutional holders |
| VONE — Vanguard Russell 1000 ETF | $7.2M | 3.3% | Research alternatives to VONE · VONE institutional holders |
| VNQ — Vanguard Real Estate ETF | $5.9M | 2.7% | Research alternatives to VNQ · VNQ institutional holders |
| NYF — iShares New York Muni Bond ETF | $5.4M | 2.5% | Research alternatives to NYF · NYF institutional holders |
| VYMI — Vanguard International High Dividend Yield ETF | $5.3M | 2.5% | Research alternatives to VYMI · VYMI institutional holders |
| FPE — First Trust Preferred Securities and Income ETF | $4.2M | 1.9% | Research alternatives to FPE · FPE institutional holders |
| LQD — iShares iBoxx $ Investment Grade Corporate Bond ETF | $4.2M | 1.9% | Research alternatives to LQD · LQD institutional holders |
| DFGX — Dimensional International Core Fixed Income ETF | $3.7M | 1.7% | Research alternatives to DFGX · DFGX institutional holders |
| BNDX — Vanguard Total International Bond ETF | $3.5M | 1.6% | Research alternatives to BNDX · BNDX institutional holders |
| VEA — Vanguard FTSE Developed Markets ETF | $3.2M | 1.5% | Research alternatives to VEA · VEA institutional holders |
| SPIP — State Street SPDR Portfolio TIPS ETF | $3.1M | 1.4% | Research alternatives to SPIP · SPIP institutional holders |
| DFAR — Dimensional US Real Estate ETF | $3M | 1.4% | Research alternatives to DFAR · DFAR institutional holders |
| DFNM — Dimensional National Municipal Bond ETF | $3M | 1.4% | Research alternatives to DFNM · DFNM institutional holders |
| QYLD — Global X NASDAQ 100 Covered Call ETF | $2.8M | 1.3% | Research alternatives to QYLD · QYLD institutional holders |
| DCOR — US Core Equity 1 Portfolio ETF Class Shares | $2.7M | 1.3% | Research alternatives to DCOR · DCOR institutional holders |
| COMT — iShares GSCI Commodity Dynamic Roll Strategy ETF | $2.4M | 1.1% | Research alternatives to COMT · COMT institutional holders |
| SCHD — Schwab US Dividend Equity ETF | $2.4M | 1.1% | Research alternatives to SCHD · SCHD institutional holders |
| JEPI — JPMorgan Equity Premium Income ETF | $2.3M | 1.1% | Research alternatives to JEPI · JEPI institutional holders |
| VIG — Vanguard Div Appreciation ETF | $2.3M | 1.1% | Research alternatives to VIG · VIG institutional holders |
| VTEB — Vanguard Tax-Exempt Bond ETF | $1.9M | 0.9% | Research alternatives to VTEB · VTEB institutional holders |
| PZT — Invesco New York AMT-Free Municipal Bond ETF | $1.9M | 0.9% | Research alternatives to PZT · PZT institutional holders |
| EMHY — iShares J.P. Morgan EM High Yield Bond ETF | $1.5M | 0.7% | Research alternatives to EMHY · EMHY institutional holders |
| IXUS — iShares Core MSCI Total International Stock ETF | $1.3M | 0.6% | Research alternatives to IXUS · IXUS institutional holders |
| IWB — iShares Russell 1000 ETF | $1.3M | 0.6% | Research alternatives to IWB · IWB institutional holders |
| DFIC — Dimensional International Core Equity 2 ETF | $1.2M | 0.6% | Research alternatives to DFIC · DFIC institutional holders |
| SPHY — State Street SPDR Portfolio High Yield Bond ETF | $1.2M | 0.5% | Research alternatives to SPHY · SPHY institutional holders |
| TIP — iShares TIPS Bond ETF | $1.2M | 0.5% | Research alternatives to TIP · TIP institutional holders |
| MUB — iShares National Muni Bond ETF | $1M | 0.5% | Research alternatives to MUB · MUB institutional holders |
| IAGG — iShares International Aggregate Bond Fund | $978.2K | 0.5% | Research alternatives to IAGG · IAGG institutional holders |
| VWO — Vanguard FTSE Emerging Markets ETF | $631K | 0.3% | Research alternatives to VWO · VWO institutional holders |
| QQQ — Invesco QQQ Trust, Series 1 | $512.5K | 0.2% | Research alternatives to QQQ · QQQ institutional holders |
| VTWV — Vanguard Russell 2000 Value ETF | $493.9K | 0.2% | Research alternatives to VTWV · VTWV institutional holders |
| VXUS — Vanguard Total International Stock ETF | $486.1K | 0.2% | Research alternatives to VXUS · VXUS institutional holders |
| VTV — Vanguard Morningstar Value ETF | $479.2K | 0.2% | Research alternatives to VTV · VTV institutional holders |
| XHLF — BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | $473.6K | 0.2% | Research alternatives to XHLF · XHLF institutional holders |
| XYLD — Global X S&P 500 Covered Call ETF | $451K | 0.2% | Research alternatives to XYLD · XYLD institutional holders |
| VOE — Vanguard Morningstar Mid-Cap Value ETF | $447.2K | 0.2% | Research alternatives to VOE · VOE institutional holders |
| DFIP — Dimensional Inflation-Protected Securities ETF | $422.8K | 0.2% | Research alternatives to DFIP · DFIP institutional holders |
| VWOB — Vanguard Emerging Markets Government Bond ETF | $419.4K | 0.2% | Research alternatives to VWOB · VWOB institutional holders |
| SCHZ — Schwab US Aggregate Bond ETF | $415.9K | 0.2% | Research alternatives to SCHZ · SCHZ institutional holders |
| SCHR — Schwab Intermediate-Term U.S. Treasury ETF | $369.1K | 0.2% | Research alternatives to SCHR · SCHR institutional holders |
| AGG — iShares Core U.S. Aggregate Bond ETF | $365.7K | 0.2% | Research alternatives to AGG · AGG institutional holders |
| SGOV — iShares 0-3 Month Treasury Bond ETF | $365.6K | 0.2% | Research alternatives to SGOV · SGOV institutional holders |
| PFFD — Global X U.S. Preferred ETF | $339K | 0.2% | Research alternatives to PFFD · PFFD institutional holders |
| EEM — iShares MSCI Emerging Index Fund | $324.6K | 0.1% | Research alternatives to EEM · EEM institutional holders |
| ESGU — iShares ESG Aware MSCI USA ETF | $323.1K | 0.1% | Research alternatives to ESGU · ESGU institutional holders |
| BCD — abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF | $305.4K | 0.1% | Research alternatives to BCD · BCD institutional holders |
| DGRO — iShares Core Dividend Growth ETF | $277.2K | 0.1% | Research alternatives to DGRO · DGRO institutional holders |
| SPYV — State Street SPDR Portfolio S&P 500 Value ETF | $272.6K | 0.1% | Research alternatives to SPYV · SPYV institutional holders |
| HDV — iShares Core High Dividend ETF | $254.1K | 0.1% | Research alternatives to HDV · HDV institutional holders |
| VTI — Vanguard Morningstar Total Stock Market ETF | $241.3K | 0.1% | Research alternatives to VTI · VTI institutional holders |
| MDYV — State Street SPDR S&P 400 Mid Cap Value ETF | $227.9K | 0.1% | Research alternatives to MDYV · MDYV institutional holders |
| SCZ — iShares MSCI EAFE Small-Cap ETF | $227.4K | 0.1% | Research alternatives to SCZ · SCZ institutional holders |
| EVSD — Eaton Vance Short Duration Income ETF | $221.9K | 0.1% | Research alternatives to EVSD · EVSD institutional holders |
| SPYM — State Street SPDR Portfolio S&P 500 ETF | $221.4K | 0.1% | Research alternatives to SPYM · SPYM institutional holders |
| ICF — iShares Select U.S. REIT ETF | $208.2K | 0.1% | Research alternatives to ICF · ICF institutional holders |
| SCHX — Schwab U.S. Large-Cap ETF | $202.7K | 0.1% | Research alternatives to SCHX · SCHX institutional holders |
| Address | City | State | Advisors |
|---|---|---|---|
| 50 Lakefront Blvd | Buffalo | NY | 5 |
| 38 Lake Street | Hamburg | NY | 1 |
Source: SEC Form 13F. These are institution-level reported positions; they do not establish that any individual advisor or their clients hold a fund.
Report period: 2026-06-30