# TOPS Aggressive Growth ETF Portfolio

TOPS Aggressive Growth ETF Portfolio is a registered fund series of Northern Lights Variable Trust (series S000031506). Net assets $308.4M as of 2026-03-31.

## Profile

- Series ID: S000031506
- Registrant: Northern Lights Variable Trust
- LEI: 5493008CBBL2Q5QGII10
- Net assets: $308.4M
- Total assets: $308.8M
- As of: 2026-03-31
- Type: Fund of funds

## Advisers

- [Valmark Advisers, Inc. (Advisor)](https://search.stillhousedata.com/firm/108050)
- [Milliman Financial Risk Management, LLC (Subadvisor)](https://search.stillhousedata.com/firm/159377)

## Top holdings (26 reported)

_Showing 15 of 26 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [Vanguard Index Funds](https://search.stillhousedata.com/security/922908363) | — | $77.0M | 2498.39% |
| [Vanguard Index Funds](https://search.stillhousedata.com/security/922908363) | — | $77.0M | 2498.39% |
| [Vanguard Tax Managed Funds](https://search.stillhousedata.com/security/921943858) | — | $55.9M | 1812.33% |
| [Vanguard Tax Managed Funds](https://search.stillhousedata.com/security/921943858) | — | $55.9M | 1812.33% |
| [SPDR Series Trust](https://search.stillhousedata.com/security/78464A847) | — | $43.2M | 1399.29% |
| [SPDR Series Trust](https://search.stillhousedata.com/security/78464A847) | — | $43.2M | 1399.29% |
| [SPDR Series Trust](https://search.stillhousedata.com/security/78468R853) | — | $27.7M | 897.22% |
| [SPDR Series Trust](https://search.stillhousedata.com/security/78468R853) | — | $27.7M | 897.22% |
| [Vanguard International Equity Index Funds](https://search.stillhousedata.com/security/922042858) | — | $18.6M | 602.36% |
| [Vanguard International Equity Index Funds](https://search.stillhousedata.com/security/922042858) | — | $18.6M | 602.36% |
| [Ishares Inc](https://search.stillhousedata.com/security/46434G764) | — | $15.5M | 503.86% |
| [Ishares Inc](https://search.stillhousedata.com/security/46434G764) | — | $15.5M | 503.86% |
| [SPDR Series Trust](https://search.stillhousedata.com/security/78464A409) | — | $12.4M | 402.80% |
| [SPDR Series Trust](https://search.stillhousedata.com/security/78464A409) | — | $12.4M | 402.80% |
| [Flexshares Trust](https://search.stillhousedata.com/security/33939L407) | — | $12.3M | 397.54% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-03-31 | $308.4M |
| 2025-12-31 | $282.8M |
| 2025-09-30 | $261.1M |
| 2025-06-30 | $232.3M |
| 2025-03-31 | $204.1M |
| 2024-12-31 | $199.1M |
| 2024-09-30 | $191.1M |
| 2024-06-30 | $168.9M |

## More

- [Registrant: Northern Lights Variable Trust](https://search.stillhousedata.com/registrant/1352621)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000031506.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.