Cullen Enhanced Equity Income ETF
$26.80−0.02 (−0.07%)
- Expense ratio
- 0.55%
- Fund size
- $60M
- 1Y return
- +13.3%
- Yield · Last 12 months
- 5.76%
- Volume · 30D
- 0M sh
- NAV per share
- $26.88
- 52W range
The ETF.net DIVP Grade
Score 49 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 47Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 95Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 59Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 46Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 57Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 34Category rank
Our read on DIVP
CAn actively run US dividend fund that shops both sides of the aisle, value and growth, measures itself against the S&P 500, and pays monthly rather than quarterly. Launched in 2024 and priced right at the category median.
The Fund seeks long-term capital appreciation together with current income.
Why people hold it
- Income arrives monthly, twelve checks a year instead of the usual four.
- The 0.55% expense ratio sits exactly at the median for active US dividend-income ETFs, so the stock picking carries no premium over the typical peer.
- The portfolio matches the mandate on the tin: US equities screened on value and growth, benchmarked to the S&P 500. Very little daylight between the pitch and the holdings.
- Stands in the upper half of a crowded field of active dividend-income ETFs, a solid showing for a fund this new.
Worth knowing
- Launched in 2024 and still a small fund, so the track record is short and there is less scale behind it than the category's established names.
- Shares change hands lightly, which can mean wider bid/ask spreads than the heavily traded funds in the group.
- Cheaper active competition exists in the same cohort: CGDV runs 0.33% and HIDV 0.35% against 0.55% here.
DIVP Holdings
- Stocks
- —
- 36%
- EOG
Sectors
- Health Care17.9%
- Financials14.2%
- Cons. Staples11.7%
- Energy11.6%
- Industrials10.3%
- Communication8.9%
- Real Estate6.2%
- Technology6.1%
- Utilities5.6%
- Consumer Discr.5.2%
- Materials2.3%
Geography
- United States89.46%
- Ireland5.36%
- United Kingdom2.75%
- Canada2.43%
DIVP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | DIVP |
|---|---|
| Year to date | +10.0% |
| 1 month | −3.5% |
| 3 months | +2.3% |
| 1 year | +13.3% |
| 3 years | — |
| 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 | DIVP |
|---|---|---|
| 2026 YTD | +10.0% | |
| 2025 | +7.7% | |
| 2024 | +5.8% |
DIVP in the news
ETF.net Research hasn’t filed on DIVP yet — coverage lands here as it’s written.
DIVP Dividends
- 5.76%
- $1.55
- $0.11 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 28, 2026 | Aug 31, 2026 | $0.11 |
| Jul 30, 2026 | Jul 31, 2026 | $0.13 |
| Jun 29, 2026 | Jun 30, 2026 | $0.19 |
| May 28, 2026 | May 29, 2026 | $0.10 |
| Apr 29, 2026 | Apr 30, 2026 | $0.13 |
| Mar 30, 2026 | Mar 31, 2026 | $0.19 |
| Feb 26, 2026 | Feb 27, 2026 | $0.11 |
| Jan 29, 2026 | Jan 30, 2026 | $0.12 |
| Dec 30, 2025 | Dec 31, 2025 | $0.13 |
| Nov 26, 2025 | Nov 28, 2025 | $0.09 |
| Oct 30, 2025 | Oct 31, 2025 | $0.14 |
| Sep 29, 2025 | Sep 30, 2025 | $0.10 |
DIVP Risk
- 9.7%
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.
- 0.51
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.
- −12.2%
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.
- 0.33
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DIVP Cost
- The middle half of US Active Dividend Income funds
- Median 0.51%
21 of the 40 US Active Dividend Income funds charge less.