Skip to content
etf.net

DVDN

GradeDNew York Stock Exchange Arca

Kingsbarn Dividend Opportunity ETF

Sectors · Kingsbarn · Inception 2023-11-01

$14.44−0.28 (−1.90%)

As of Sep 23, 2026, 3:05 PM EDT

History starts Nov 2, 2023.
Intraday session: down, 47 prints from 14.71 to 14.44. Range 14.40 to 14.61. Use the arrow keys to read each point.$14.40$14.50$14.55$14.6010 AM12 PM2 PM4 PM
Expense ratio
0.90%
Fund size
$3M
1Y return
−23.5%
Yield · Last 12 months
16.14%
Holdings
17
Volume · 30D
0M sh
NAV per share
$14.54
52W range
low $14.55high $21.95

The ETF.net DVDN Grade

D

39/ 100

Rank 5 of 6 in Real Estate Sector⁠

Confidence Medium

Six-pillar profile for DVDN. Scores out of 100: Cost 16, Risk 18, Mission 85, Tradability 23, Holdings 53, Durability 38. Strongest: Mission (85). Weakest: Cost (16). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 39 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned40This cap took−0Published score39 Grade D

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 16
    Category rank6/6 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 85
    Category rank3/5 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 18
    Category rank6/6 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 23
    Category rank5/6 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 53
    Category rank4/6 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 38
    Category rank5/6 · bottom quartile

Graded as of Sep 22, 2026

Our read on DVDN

ETF.net Research

DA boutique, genuinely active take on dividend investing: at least 80% of assets in companies that paid a dividend last year, run through a value-leaning, multi-stage selection process. Small, young (2023), and priced at 0.90%.

Stated mandate

The Fund seeks its objective by investing at least 80% of its assets, under normal conditions, in companies that paid a dividend during the preceding year.

Why people hold it

  1. 01Stock-picked, not screen-picked: a multi-stage, value-leaning process chooses the names, with at least 80% of assets in companies that paid a dividend in the prior year.
  2. 02Straightforward plumbing: a 1940 Act US equity fund that distributes quarterly, with income sourced from the dividend payers it owns rather than an options overlay.
  3. 03The mandate is deliberately wide: any US dividend payer qualifies, so managers can tilt toward value without being boxed in by a rigid yield or dividend-growth rulebook.

Worth knowing

  1. 01The 0.90% expense ratio runs well above the typical US dividend-income ETF, and above big active peers such as CGDV and TDVG.
  2. 02Small asset base and light trading: spreads can be wider than in mega-cap dividend funds, which makes limit orders and trade timing matter more.
  3. 03Launched in late 2023, so the record is short, and with no published index to track, results hinge on the managers' security selection.

DVDN Holdings

As of Sep 20, 2026, 10:16 AM
Asset class
Stocks
Holdings
17
Top-10 weight
67%
Largest holding
HTGC7.2%

Sectors

  • Real Estate72.0%
  • Financials28.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001HTGCHERCULES CAPITAL INC7.19%11,856$211K9
002NLYANNALY CAPITAL MANAGEMENT IN7.04%9,685$206K164
003DXDynex Capital6.98%16,652$205K65
004AGNCAGNC INVESTMENT CORP.6.84%20,213$200K119
005LADRLADDER CAPITAL CORP REIT USD 0.0016.78%20,820$199K67
006ADAMADAMAS TRUST INC REIT USD.026.54%21,269$192K76
007RITMRithm Capital Corp.6.50%20,070$190K113
008BXSLBLACKSTONE SECURED LENDING FUND BXSL6.44%7,457$189K10
009EARNELLINGTON RESIDENTIAL MORTGA6.27%43,130$184K2
010NREFNEXPOINT REAL ESTATE FINANCE INC6.26%11,113$183K33
011IVRINVESCO MORTGAGE CAPITAL6.18%27,685$181K46
012FSKFS KKR CAPITAL CORP6.08%15,166$178K10
013EFCELLINGTON FINANCIAL INC5.89%13,729$173K85
014TRTXTPG RE FINANCE TRUST INC5.77%23,180$169K52
015PTMNBCP INVESTMENT CORP3.74%15,513$110K1

Showing 1–15 of 17 holdings

DVDN Performance

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

DVDN$7,647
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. DVDN $7,647. SPY $11,723. Use the arrow keys to read each point.$7,228$9,663$12,097Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for DVDN. Periods over one year show the average yearly return.
PeriodDVDN
Year to date−16.6%
1 month−5.3%
3 months−5.2%
1 year−23.5%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per 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 DVDN
YearReturn barDVDN
2026 YTD−16.6%
2025−16.9%
2024+2.1%
2023+14.9%

History from Nov 2, 2023

DVDN in the news

ETF.net Research hasn’t filed on DVDN yet — coverage lands here as it’s written.

DVDN Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
16.14%Last 12 months
Payout per share
$2.37Last 12 months
Last payment
$0.52 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2023–2026

One bar per payment. 11 payments from 2023 to 2026 YTD. Dec 26, 2023 $0.81; Mar 26, 2024 $0.52; Jul 11, 2024 $1.09; Oct 10, 2024 $0.82; Dec 24, 2024 $1.38; Apr 10, 2025 $1.37; Jul 10, 2025 $0.57; Oct 9, 2025 $0.79; Dec 24, 2025 $0.52; Apr 9, 2026 $0.55; Jul 9, 2026 $0.52. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Jul 9, 2026Jul 10, 2026$0.52
Apr 9, 2026Apr 10, 2026$0.55
Dec 24, 2025Dec 26, 2025$0.52
Oct 9, 2025Oct 10, 2025$0.79
Jul 10, 2025Jul 11, 2025$0.57
Apr 10, 2025Apr 11, 2025$1.37
Dec 24, 2024Dec 26, 2024$1.38
Oct 10, 2024Oct 11, 2024$0.82
Jul 11, 2024Jul 12, 2024$1.09
Mar 26, 2024Mar 28, 2024$0.52
Dec 26, 2023Dec 28, 2023$0.81

DVDN Risk

How much the fund’s monthly returns vary, scaled to a year.
15.0%
Annualised · 33 months to Aug 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.
−0.79
vs 3-month T-bills · 33 months to Aug 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.
−37.4%
34 months · trough Sep 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.
0.63
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.

DVDN Cost

Expense ratio0.90%
  • The middle half of Real Estate Sector funds
  • Median 0.53%

4 of the 6 Real Estate Sector funds charge less.

DVDN costs $90.00 a year on $10,000. The median Real Estate Sector fund costs $53.00.