Franklin U.S. Core Dividend Tilt Index ETF
$62.22−0.03 (−0.05%)
- 0.06%
- $162M
- +23.7%
- 1.39%
- 0M sh
- $62.24
- low $50.02high $68.06
The ETF.net UDIV Grade
A
Score 71 out of 100
- 9 of 53
Score 71 of 100 falls in the A 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.A95 out of 100Rank 2 of 53Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 50Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C51 out of 100Rank 25 of 53Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F22 out of 100Rank 45 of 53Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C41 out of 100Rank 38 of 53Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C53 out of 100Rank 32 of 53
Our read on UDIV
AMost dividend funds throw out the market and keep the payers. UDIV keeps the market and leans it: an optimizer nudges a broad US index toward higher yield while staying tethered to it. Income tilt, index shape.
The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar US Dividend Enhanced Select Index.
Why people hold it
- Six basis points, in a category where the typical fund charges 0.39%. That matches SCHD and undercuts DGRO, the shelf's best-known names.franklintempleton.com
- Roughly 140 stocks selected by an optimizer built to maximize yield per unit of active risk against the broad market, not by simply ranking companies on payout.franklintempleton.com
- Plain index plumbing: it follows the Morningstar US Dividend Enhanced Select Index with one of the tightest label-to-portfolio matches in its peer group. No side bets bolted on.
- Running since 2016 and paying quarterly, which puts it among the stronger implementations in the US dividend-screen crowd.
Worth knowing
- Thinly traded and modest in size, so bid-ask spreads can run wider than at the household-name dividend ETFs.
- A tilt, not a yield hunt. The index limits how far it drifts from the broad market, which also limits how much extra income the tilt can add.franklintempleton.com
- Fully invested in US stocks with no downside cushion. The dividend tilt shapes the payout, not the drawdown.
UDIV Holdings
- Stocks
- 294
- 38%
- NVDA
Sectors
- Technology41.9%
- Financials11.1%
- Communication10.0%
- Consumer Discretionary8.5%
- Health Care8.0%
- Industrials5.5%
- Consumer Staples5.2%
- Energy3.5%
- Real Estate3.3%
- Utilities2.3%
- Materials0.7%
Geography
- United States97.55%
- Ireland1.70%
- Netherlands0.25%
- Switzerland0.23%
- Cayman Islands0.11%
- Uruguay0.08%
- United Kingdom0.07%
UDIV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
UDIV$12,372
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 | UDIV |
|---|---|
| Year to date | +18.4% |
| 1 month | +1.4% |
| 3 months | +2.8% |
| 1 year | +23.7% |
| 3 years | +25.5% |
| 5 years | +15.2% |
| 10 years | +12.4% |
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 | UDIV |
|---|---|---|
| 2026 YTD | +18.4% | |
| 2025 | +19.0% | |
| 2024 | +25.6% | |
| 2023 | +26.2% | |
| 2022 | −15.0% | |
| 2021 | +19.7% | |
| 2020 | +5.6% |
UDIV in the news
Best ETFs
Schwab's dividend ETF returned 22.8% in a year. Its income rate still trails a one-month bill.
First-Year Review
Liberty One's Spectrum ETF returned 6.4%, 8.9 percentage points behind an S&P 500 fund
Category Review
The payout and the result came apart in option-income funds
First-Year Review
EASY's first year trailed the defensive index it names
UDIV Dividends
- 1.39%
- $0.87
- $0.18 per share
- Quarterly
Distribution history
UDIV Risk
- 12.8%
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.
- 1.49
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.
- −23.2%
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.
- 1.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
UDIV Cost
0.06%
UDIV0.06%
- The middle half of US Dividend Index funds
- Median 0.38%
3 of the 52 US Dividend Index funds charge less.
Other funds in US Dividend Index
- ADJDInvesco Dow Jones Industrial Average Dividend ETFExpense ratio 0.07%1 year return +21.8%
- AONEYState Street SPDR Russell 1000 Yield Focus ETFExpense ratio 0.20%1 year return +19.2%
- ADVYiShares Select Dividend ETFExpense ratio 0.38%1 year return +16.4%
- AHDViShares Core High Dividend ETFExpense ratio 0.08%1 year return +24.3%
- BSDOGALPS Sector Dividend Dogs ETFExpense ratio 0.36%1 year return +23.0%