Skip to content

FDIV

GradeBNASDAQ Global Market

MarketDesk Focused U.S. Dividend ETF

Active Equity · MarketDesk · Inception 2023-09-20 · SEC filings

$26.55−0.19 (−0.71%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Sep 20, 2023.
Intraday session: down, 59 prints from 26.73 to 26.55. Range 26.43 to 26.66. Use the arrow keys to read each point.$26.45$26.50$26.60$26.6510 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$55M
1Y return
+2.0%
Yield · Last 12 months
2.48%
Volume · 30D
0M sh
NAV per share
$26.98
52W range
low $25.82high $28.79

The ETF.net FDIV Grade

B

68/ 100

Rank 5 of 40 in US Active Dividend Income

Confidence Medium

Six-pillar profile for FDIV. Scores out of 100: Cost 91, Risk 19, Mission not scored, Tradability 69, Holdings 85, Durability 47. Strongest: Cost (91). Weakest: Risk (19). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 68 of 100 sits in the B 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.
    AScore 91
    Category rank4/40 · top 10%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 19
    Category rank35/37 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 69
    Category rank10/40 · top 25%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 85
    Category rank1/40 · top 3%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 47
    Category rank26/40 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on FDIV

ETF.net Research

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

  1. 01Costs 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
  2. 02The 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.3941881.fs1.hubspotusercontent-na1.net
  3. 03Rebalanced 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.com3941881.fs1.hubspotusercontent-na1.net
  4. 04Pays 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

  1. 01Non-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.com3941881.fs1.hubspotusercontent-na1.net
  2. 02A smaller, thinly traded fund, so spreads can be wider than in the mega-cap dividend giants and large orders need more care.
  3. 03The model does the picking. The prospectus flags quantitative selection and periodic reallocation risk, and monthly reshuffling means real turnover.marketdeskindices.com3941881.fs1.hubspotusercontent-na1.net

FDIV Holdings

As of Sep 20, 2026, 10:33 PM
Asset class
Stocks
Holdings
Top-10 weight
22%
Largest holding
DINO2.5%

Sectors

  • Financials27.0%
  • Consumer Discr.16.7%
  • Cons. Staples15.0%
  • Technology9.1%
  • Energy8.3%
  • Industrials7.0%
  • Materials6.1%
  • Communication5.0%
  • Utilities3.0%
  • Health Care3.0%

Geography

  • United States95.98%
  • Luxembourg2.12%
  • Switzerland1.90%
The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001DINOHF Sinclair Corp2.49%11,750$1M232
002AUGOAura Minerals Inc2.26%14,020$1M43
003APAAPA Corp2.24%27,329$1M283
004CRBGCorebridge Financial Inc2.23%35,154$1M142
005CFCF Industries Holdings Inc2.15%9,234$1M329
006WTRGEssential Utilities Inc2.11%28,198$1M148
007OXYOccidental Petroleum Corp2.11%19,634$1M314
008TIGOMillicom International Cellular SA2.10%12,195$1M139
009CHRDChord Energy Corp2.10%7,947$1M190
010CCitigroup Inc2.08%8,635$1M407
011DGDollar General Corp2.07%9,271$1M316
012JPMJPMORGAN CHASE & CO.2.07%3,240$1M478
013KOCoca-Cola Co/The2.07%12,829$1M457
014MDLZMondelez International Inc2.05%18,490$1M366
015SSBSOUTHSTATE BANK CORP2.04%10,816$1M154

Showing 1–15 of 62 holdings

FDIV Performance

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

FDIV$10,195
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. FDIV $10,195. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 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 FDIV. Periods over one year show the average yearly return.
PeriodFDIV
Year to date−0.3%
1 month−6.6%
3 months−2.9%
1 year+2.0%
3 years+5.7%per 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 FDIV
YearReturn barFDIV
2026 YTD−0.3%
2025+3.0%
2024+5.1%
2023+7.4%

Since listing, Sep 20, 2023

FDIV in the news

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

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 Sep 22, 2026.
2.48%Last 12 months
Payout per share
$0.66Last 12 months
Last payment
$0.14 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 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. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
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

FDIV Risk

How much the fund’s monthly returns vary, scaled to a year.
11.8%
Annualised · 35 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.
0.34
vs 3-month T-bills · 35 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.
−18.6%
36 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.
0.60
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.

FDIV Cost

Expense ratio0.35%
  • The middle half of US Active Dividend Income funds
  • Median 0.51%

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

FDIV costs $35.00 a year on $10,000. The median US Active Dividend Income fund costs $51.00.