Cache Exchange Funds Surpass $1 Billion in Assets, Maintaining Precision in 2025 Growth
Cache, a San Francisco-based brokerage platform, announced its Exchange Funds grew from approximately $290 million to over $1 billion in total assets in 2025, detailed in its Cache 2025 Review, while upholding high precision across its offerings.
The Cache 2025 Review report highlighted the company’s ability to scale its assets by nearly four times without compromising portfolio behavior, a key challenge for exchange funds. Srikanth Narayan, CEO and cofounder of Cache, stated, “As we grew nearly 4x, portfolios didn’t drift. Tracking improved. Sector exposure, beta, and risk metrics stayed within our thresholds.” He emphasized that the company prioritized precision over faster growth, defining its thesis for exchange funds.
The report further detailed the performance of Cache’s flagship exchange funds in 2025. The UNIX fund, aligned with the Nasdaq-100, achieved a 0.99 correlation and delivered a 21.65% return after fees, compared to 21.02% for the Nasdaq-100. The Bedrock fund, aligned with the S&P 500 and launched on July 16th, maintained a 0.98 correlation, yielding a 10.47% return after fees since its inception, against 9.90% for the S&P 500.
Cache indicated that as assets scaled, portfolio tracking improved, with sector exposure, beta, and risk characteristics remaining within designed thresholds. Cache, which refers to Cache Financials, Inc. and its subsidiaries, specializes in managing large, concentrated stock positions. Its Exchange Funds and related products are alternative investments available only to accredited investors or qualified purchasers. The full Cache 2025 Review report is available for further details on the company’s website.
