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Launched · SEC filings

Dana Concentrated Dividend ETF

DIVENYSE ArcaD

$27.55−0.01 (−0.03%)

As of Oct 13, 2026, 3:59 PM

D34/ 100

Rank 32 of 40 in US Active Dividend Income

D34/100Rank 32 of 40inUS Active Dividend Income
Intraday session: down, 5 prints from 27.56 to 27.55. Range 27.52 to 27.56. Use the arrow keys to read each point.27.5227.5327.5427.5510 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$47M
1Y total return
+13.8%
Yield · Last 12 months
Data unavailable
Holdings
36
Avg volume · 30D
0M sh
NAV per share
$27.35
52W range
low $23.62high $28.43
Launched
Filings
SEC EDGAR

The ETF.net DIVE Grade

Based on 5 of 6 pillars

D

Score 34 out of 100

Category
US Active Dividend Income⁠
Rank
32 of 40
Six-pillar profile for DIVE. Scores out of 100: Cost 33, Risk 20, Mission not scored, Tradability 47, Holdings 34, Durability 49. Strongest: Durability (49). Weakest: Risk (20). Based on 5 of 6 pillars.

Score 34 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D33 out of 100
    Rank 25 of 40

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F20 out of 100
    Rank 37 of 38

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C47 out of 100
    Rank 20 of 40

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D34 out of 100
    Rank 35 of 40

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C49 out of 100
    Rank 23 of 40

Our read on DIVE

ETF.net Research

DMost dividend funds spread their bets over hundreds of names. DIVE goes the other way: an actively picked book of roughly 25 to 35 dividend payers, chasing growth and income at once. It launched in September 2025, so the track record starts here.

Stated mandate

The Fund seeks long-term capital appreciation and income through an actively managed portfolio of approximately 25 to 35 primarily dividend-paying equity securities.

Why people hold it

  1. 01Real concentration, by design: the prospectus targets roughly 25 to 35 primarily dividend-paying stocks, so a single good pick still moves the needle.
  2. 02The mandate is two-sided, long-term capital appreciation plus income, not a yield chase with the growth engine bolted shut.
  3. 03The manager can shop outside the US as well as at home, so a dividend payer in Europe or Asia is fair game.
  4. 04Simple plumbing: a standard 1940 Act ETF holding stocks. No derivatives overlay, no K-1 at tax time.

Worth knowing

  1. 01At 0.65%, the fee sits above the 0.55% median for active dividend funds and well above cheaper rivals like CGDV (0.33%) and HIDV (0.35%).
  2. 02A 2025 launch with no multi-year record, and on the measures we track it currently sits in the lower reaches of a crowded peer group.
  3. 03Small asset base and thin trading, which usually means wider bid-ask spreads than the category's household names.

DIVE Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
36
Top-10 weight
47%
Largest holding
PM6.8%

Geography

  • United States97.11%
  • Ireland2.89%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001PMPhilip Morris International Inc6.82%15,885$3M415
002IQVIQVIA Holdings Inc5.51%9,929$3M289
003AMZNAmazon.com Inc5.02%8,966$2M736
004KDPKeurig Dr Pepper Inc4.62%68,198$2M320
005ANTMElevance Health Inc4.59%5,211$2M130
006METAMeta Platforms Inc4.59%2,991$2M704
007COFCapital One Financial Corp4.20%9,880$2M353
008QSRRestaurant Brands International Inc4.19%27,697$2M57
009ABBVAbbVie Inc3.71%6,283$2M522
010CRMSalesforce Inc3.57%7,296$2M462
011GPCGenuine Parts Co3.51%12,962$2M250
012DGDollar General Corp3.32%12,216$2M319
013WFCWells Fargo & Co3.17%17,806$1M372
014ACNAccenture PLC3.08%6,901$1M339
015SLBSLB Ltd2.79%26,701$1M294

Showing 1–15 of 36 holdings

DIVE Performance

Launched Sep 15, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
DIVE$11,379
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. DIVE $11,379. SPY $12,044. Use the arrow keys to read each point.$9,490$10,870$12,249Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for DIVE. Periods over one year show the average yearly return.
PeriodDIVE
Year to date+9.2%
1 month−0.7%
3 months+4.5%
1 year+13.8%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for DIVE
YearReturn barDIVE
2026 YTD+9.2%
2025+2.2%

History from Sep 16, 2025

DIVE in the news

Filtered to DIVE · US Active Dividend Income

DIVE Dividends

Last payment
$0.07 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 4 payments from 2025 to 2026 YTD. Dec 30, 2025 $0.17; Mar 30, 2026 $0.08; Jun 29, 2026 $0.03; Sep 29, 2026 $0.07. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 29, 2026Sep 30, 2026$0.07
Jun 29, 2026Jun 30, 2026$0.03
Mar 30, 2026Mar 31, 2026$0.08
Dec 30, 2025Dec 31, 2025$0.17

DIVE Risk

How much the fund’s monthly returns vary, scaled to a year.
14.2%
Annualised · 12 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.36
vs 3-month T-bills · 12 months to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−11.5%
12 months · trough Mar 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.68
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

DIVE Cost

Expense ratio0.65%
  • The middle half of US Active Dividend Income funds
  • Median 0.51%

24 of the 40 US Active Dividend Income funds charge less.

DIVE costs $65.00 a year on $10,000. The median US Active Dividend Income fund costs $51.00.

Other funds in US Active Dividend Income

See others