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Launched · SEC filings

MarketDesk Focused U.S. Dividend ETF

FDIVNasdaqMarketDeskB

$28.33+0.23 (+0.83%)

At close: Nov 2, 2026, 4:00 PM ET

B67/ 100

Rank 4 of 40 in US Active Dividend Income

B67/100Rank 4 of 40inUS Active Dividend Income
Intraday session: up, 78 prints from 28.10 to 28.33. Range 28.26 to 28.42. Use the arrow keys to read each point.28.1528.2028.2528.4010 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$56M
1Y total return
+10.0%
Yield · Last 12 months
2.39%
Holdings
62
Avg volume · 30D
16.2K sh
52W range
low $25.63high $28.79
Launched
Filings
SEC EDGAR

The ETF.net FDIV Grade

Based on 5 of 6 pillars

B

Score 67 out of 100

Category
US Active Dividend Income⁠
Rank
4 of 40
Six-pillar profile for FDIV. Scores out of 100: Cost 91, Risk 18, Mission not scored, Tradability 62, Holdings 87, Durability 50. Strongest: Cost (91). Weakest: Risk (18). Based on 5 of 6 pillars.

Score 67 of 100 falls in the B 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.
    A91 out of 100
    Rank 4 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.
    F18 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.
    B62 out of 100
    Rank 11 of 40

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A87 out of 100
    Rank 1 of 40

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C50 out of 100
    Rank 21 of 40

Our read on FDIV

ETF.net Research

In short

BMost dividend funds hand you hundreds of names and an annual reshuffle. FDIV runs a quant screen down to 60 to 80 U.S. dividend payers and rebuilds that short list every month, for 0.35% a year.

Stated mandate

The Fund seeks capital appreciation and a higher dividend yield than a broad U.S. large-cap dividend-stock index. It invests at least 80% of assets in U.S. dividend-paying companies selected through a quantitative rules-based process.

Why people hold it

  • Costs 0.35% a year, below the roughly 0.55% typical for active U.S. dividend-income funds and under strong peers like TDVG (0.50%) and BGIG (0.45%).marketdeskindices.com
  • The screen asks for two things at once: an above-average dividend yield and a price below what the sub-adviser reads as fair value. Income without ignoring appreciation.hubspotusercontent-na1.net
  • Rebalanced monthly, so the book refreshes on a set cadence instead of drifting between yearly index reviews. Dividend history over a five-year window feeds the screen.marketdeskindices.comhubspotusercontent-na1.net
  • Pays quarterly, keeps at least 80% of assets in U.S. dividend payers, and stands in the upper tier of its active dividend-income peer group.

Worth knowing

  • Non-diversified by design. With 60 to 80 names, one stock or sector swings the fund far more than it would in a several-hundred-stock dividend index.marketdeskindices.comhubspotusercontent-na1.net
  • A smaller, thinly traded fund, so spreads can be wider than in the mega-cap dividend giants and large orders need more care.
  • The model does the picking. The prospectus flags quantitative selection and periodic reallocation risk, and monthly reshuffling means real turnover.marketdeskindices.comhubspotusercontent-na1.net

FDIV Holdings

Holdings pillarA87 out of 100Rank 1 of 40 in US Active Dividend Income
Asset class
Stocks
Holdings
62
Top-10 weight
20%
Largest holding
PRMB2.0%

Sectors

  • Financials21.9%
  • Technology16.7%
  • Industrials15.2%
  • Consumer Staples14.1%
  • Consumer Discretionary12.0%
  • Energy11.6%
  • Materials4.6%
  • Health Care2.0%
  • Utilities1.0%
  • Communication0.8%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1PRMBPrimo Brands Corp2.02%57,526$1.14M109
2TGTTarget Corp2.02%7,355$1.14M385
3DINOHF Sinclair Corp2.02%9,864$1.13M246
4APAAPA Corp2.01%21,416$1.13M297
5THGHanover Insurance Group Inc/The2.01%4,671$1.13M190
6TSCOTractor Supply Co2.01%33,212$1.13M286
7FANGDiamondback Energy Inc2.00%5,310$1.13M369
8HSYHershey Co/The2.00%6,797$1.13M314
9OSKOshkosh Corp2.00%8,040$1.13M192
10LPXLouisiana-Pacific Corp2.00%15,333$1.12M134
11OXYOccidental Petroleum Corp2.00%17,558$1.12M329
12DGDollar General Corp2.00%8,487$1.12M325
13MDLZMondelez International Inc2.00%17,288$1.12M378
14DDominion Energy Inc2.00%16,848$1.12M284
15TKOTKO Group Holdings Inc2.00%6,212$1.12M232

Showing 1–15 of 62 holdings

FDIV Performance

Launched Sep 20, 2023

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.
FDIV$11,004
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. FDIV $11,004. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 FDIV. Periods over one year show the average yearly return.
PeriodFDIV
Year to date+5.5%
1 month+9.0%
3 months+1.6%
1 year+10.0%
3 yearsper year+9.2%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 FDIV
YearReturn barFDIV
2026 YTD+5.5%
2025+3.0%
2024+5.1%
2023+7.4%

Since listing, Sep 20, 2023

FDIV in the news

Filtered to FDIV · US Active Dividend Income

FDIV 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 Oct 30, 2026.
2.39%Last 12 months
Payout per share
$0.67Last 12 months
Last payment
$0.18 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. 12 payments from 2023 to 2026 YTD. Dec 20, 2023 $0.16; Mar 26, 2024 $0.20; Jun 27, 2024 $0.17; Sep 27, 2024 $0.18; Dec 30, 2024 $0.23; Mar 28, 2025 $0.16; Jun 27, 2025 $0.26; Sep 29, 2025 $0.17; Dec 23, 2025 $0.21; Mar 30, 2026 $0.15; Jun 29, 2026 $0.14; Sep 28, 2026 $0.18. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 28, 2026Sep 30, 2026$0.18
Jun 29, 2026Jun 30, 2026$0.14
Mar 30, 2026Mar 31, 2026$0.15
Dec 23, 2025Dec 24, 2025$0.21
Sep 29, 2025Sep 30, 2025$0.17
Jun 27, 2025Jun 30, 2025$0.26
Mar 28, 2025Mar 31, 2025$0.16
Dec 30, 2024Dec 31, 2024$0.23
Sep 27, 2024Sep 30, 2024$0.18
Jun 27, 2024Jun 28, 2024$0.17
Mar 26, 2024Mar 28, 2024$0.20
Dec 20, 2023Dec 22, 2023$0.16

$10,000 in FDIV 3 years ago paid $913 in dividends.

FDIV Risk

Risk pillarF18 out of 100Rank 37 of 38 in US Active Dividend Income
How much the fund’s monthly returns vary, scaled to a year.
13.5%
Annualised · 36 months to Oct 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.
0.39
vs 3-month T-bills · to Oct 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.
−18.6%
37 months · trough Apr 2025
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.
0.64
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.

FMP measures it over up to five years of monthly returns.

FDIV Cost

Compare FDIV and VUS

Overpaying vs VUS, cheapest in US Active Dividend Income

$1,967

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FDIV 0.35%

    $7,126

  • VUS 0.25% Cheapest

    $5,159

$10,000
30 years

Cost over time

  • FDIV 0.35%
  • VUS 0.25%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530FDIV $7,126VUS $5,159

Year by year

YearFDIVVUSOverpaying
10$634$455$179
20$2,454$1,769$685
30$7,126$5,159$1,967

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