TOT
LionShares U.S. Equity Total Return ETF
stock NYSE ETF

CPAG.
CPAG invests in the AGG index (i.e. BND) and is designed to use the ETF redemption in-kind mechanism to avoid dividend distributions. The would be dividends just accumulate in the NAV and can be realized as (long term if holding long enough) capital gains at a time of your choosing.
CPAG is new in 2025, and is still small. It has an expense ratio. In return you turn non qualified dividends into long term capital gains perhaps at a time in retirement where you're in a lower tax bracket even 0% LTCG. Perhaps there is regulatory risk, though regulation isn't really in style at the moment.
The technique being used is not controversial in a tax law sense but may be politically as more of these ETFs that work like accumulating funds (which are illegal in the US) come into existence.. there is XDIV for the S&P 500, CPHY for junk bonds, TOT for a total market fund, BOXX for t-bills (though that one works differently), more every quarter..
basically CPAG holds the AGG ETF most of the time. You don't need to worry about tracking error. Just before ex-div it swaps using redemption in kind into another ETF that tracks the same index but has a different dividend schedule (e.g. BND). After the ex-div moment, it can swap back. Doing it this way avoids the dividends and gives you capital gains but, because an ETF does redemption in kind without using cash, they are not distributed gains.. if you did this in your own portfolio you would end up with short term capital gains which are taxed like non qualified dividends, but in the ETF wrapper it just goes to NAV.

CPAG.
CPAG invests in the AGG index (i.e. BND) and is designed to use the ETF redemption in-kind mechanism to avoid dividend distributions. The would be dividends just accumulate in the NAV and can be realized as (long term if holding long enough) capital gains at a time of your choosing.
CPAG is new in 2025, and is still small. It has an expense ratio. In return you turn non qualified dividends into long term capital gains perhaps at a time in retirement where you're in a lower tax bracket even 0% LTCG. Perhaps there is regulatory risk, though regulation isn't really in style at the moment.
The technique being used is not controversial in a tax law sense but may be politically as more of these ETFs that work like accumulating funds (which are illegal in the US) come into existence.. there is XDIV for the S&P 500, CPHY for junk bonds, TOT for a total market fund, BOXX for t-bills (though that one works differently), more every quarter..
basically CPAG holds the AGG ETF most of the time. You don't need to worry about tracking error. Just before ex-div it swaps using redemption in kind into another ETF that tracks the same index but has a different dividend schedule (e.g. BND). After the ex-div moment, it can swap back. Doing it this way avoids the dividends and gives you capital gains but, because an ETF does redemption in kind without using cash, they are not distributed gains.. if you did this in your own portfolio you would end up with short term capital gains which are taxed like non qualified dividends, but in the ETF wrapper it just goes to NAV.