Morgan Dempsey Large Cap Value ETF
$30.68−0.02 (−0.08%)
- 0.58%
- $49M
- +15.1%
- 2.66%
- 0M sh
- $30.72
- low $27.40high $32.17
The ETF.net MDLV Grade
C
Score 45 out of 100
- 40 of 66
Score 45 of 100 falls in the C 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.D39 out of 100Rank 39 of 66Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B67 out of 100Rank 15 of 63Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D37 out of 100Rank 47 of 66Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C48 out of 100Rank 41 of 66Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C40 out of 100Rank 52 of 66
Our read on MDLV
CA boutique stock-picker in a corner of the market run by cheap factor machines. Morgan Dempsey's team hunts dividend payers it considers underpriced, and the mandate puts current income first, capital appreciation second.
The Fund seeks high current income and long-term capital appreciation.
Why people hold it
- Income leads the mandate. The fund seeks high current income first and long-term appreciation second, and it distributes quarterly.
- Genuinely active. A sub-adviser selects dividend payers it considers attractively valued, so the portfolio is a set of judgment calls rather than an index reshuffle.bloomberg.com
- Live since 2023, so there is a real trading record in a real market behind the strategy, not a backtest.
Worth knowing
- Costs 0.66% a year, above the 0.55% median for US value funds and several times index-built rivals such as AVLV (0.15%) and DFLV (0.21%).
- A small fund that trades lightly, which can mean wider bid-ask spreads. Limit orders are the standard way to deal with that.
- No index to hug. Results ride on one team's valuation calls, so the portfolio can diverge from broad value benchmarks in either direction.
MDLV Holdings
- Stocks
- 40
- 34%
- XOM
Sectors
- Financials15.5%
- Industrials15.0%
- Energy14.6%
- Utilities13.1%
- Health Care9.4%
- Consumer Staples8.5%
- Technology7.8%
- Communication6.1%
- Consumer Discretionary3.7%
- Real Estate3.6%
- Materials2.8%
Geography
- United States90.62%
- United Kingdom3.79%
- Canada3.14%
- Ireland2.45%
MDLV 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.
MDLV$11,514
Returns run to the Oct 12, 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 | MDLV |
|---|---|
| Year to date | +10.4% |
| 1 month | −2.4% |
| 3 months | −1.5% |
| 1 year | +15.1% |
| 3 years | +14.3% |
| 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 | MDLV |
|---|---|---|
| 2026 YTD | +10.4% | |
| 2025 | +13.3% | |
| 2024 | +10.2% | |
| 2023 | +0.7% |
MDLV in the news
MDLV Dividends
- 2.66%
- $0.82
- $0.19 per share
- Quarterly
Distribution history
MDLV 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.
- 0.81
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.
- −10.7%
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.
- 0.41
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MDLV Cost
0.58%
MDLV0.58%
- The middle half of US Active Value funds
- Median 0.55%
38 of the 66 US Active Value funds charge less.
Other funds in US Active Value
- CTAXEA Series Trust - Cambria Tax Aware ETFExpense ratio 0.54%1 year return +13.1%
- COAKMOakmark U.S. Large Cap ETFExpense ratio 0.64%1 year return +18.8%
- CPZLVPzena U.S. Large Cap Value ETFExpense ratio 0.60%1 year return —
- CGSPYGotham Enhanced 500 ETFExpense ratio 0.65%1 year return +23.3%
- CCVSMCresAlta Small and Mid-Cap ETFExpense ratio 0.55%1 year return —