Filings Digest
11 Strive funds will move to NYSE Arca on Dec. 15
Madison Dividend Value ETF
$26.52+0.06 (+0.23%)
- 0.65%
- $64M
- +19.8%
- 1.70%
- 1.54K sh
- low $22.12high $26.59
The ETF.net DIVL Grade
C
Score 39 out of 100
- 29 of 40
Score 39 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. The letter stays C for now. A new letter must hold for 3 published runs before it replaces it.
Cost
The fund’s net expense ratio, ranked against its category.D28 out of 100Rank 27 of 40Mission
Whether the fund did what it promised, tested against its stated mandate.C40 out of 100Rank 12 of 14Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B57 out of 100Rank 19 of 38Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D39 out of 100Rank 29 of 40Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C42 out of 100Rank 29 of 40Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B60 out of 100Rank 17 of 40
Our read on DIVL
In short
CMost dividend funds screen for headline yield. Madison buys quality payers when their own yield sits unusually high versus its history, which usually means the crowd is nervous. Roughly 40 stocks, actively picked, paid monthly.
Stated mandate
The Fund seeks current income while also providing an opportunity for capital appreciation.
Why people hold it
Worth knowing
DIVL Performance
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.
DIVL$11,979
Returns run to the Nov 2, 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.
| Period | DIVL |
|---|---|
| Year to date | +17.4% |
| 1 month | +8.9% |
| 3 months | +5.3% |
| 1 year | +19.8% |
| 3 years | +14.8% |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DIVL |
|---|---|---|
| 2026 YTD | +17.4% | |
| 2025 | +9.8% | |
| 2024 | +8.8% | |
| 2023 | +1.8% |
DIVL in the news
DIVL Dividends
- 1.70%
- $0.45
- $0.03 per share
- Monthly
DIVL Risk
- 12.4%
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.
- 0.88
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.
- −14.0%
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.
- 0.54
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
DIVL Cost
Overpaying vs VUS, cheapest in US Active Dividend Income
$7,558
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
DIVL 0.65%
$12,717
VUS 0.25% Cheapest
$5,159
Cost over time
Year by year
| Year | DIVL | VUS | Overpaying |
|---|---|---|---|
| 10 | $1,163 | $455 | $708 |
| 20 | $4,440 | $1,769 | $2,671 |
| 30 | $12,717 | $5,159 | $7,558 |
Other funds in US Active Dividend Income
- CDVVYInvesco Diversified Dividend Opportunities ETFExpense ratio 0.33%1 year return
- CUDIUSCF Dividend Income ETFExpense ratio 0.65%1 year return +25.7%
- DSPCTLiberty One Spectrum ETFExpense ratio 0.85%1 year return +12.7%
- DEASYLiberty One Defensive Dividend Growth ETFExpense ratio 0.85%1 year return +28.0%
- DBAMDBrookstone Dividend Stock ETFExpense ratio 0.87%1 year return +20.8%
