Franklin U.S. Core Dividend Tilt Index ETF
$61.66−0.49 (−0.79%)
- Expense ratio
- 0.06%
- Fund size
- $155M
- 1Y return
- +20.3%
- Yield · Last 12 months
- 1.40%
- Volume · 30D
- 0M sh
- NAV per share
- $62.13
- 52W range
The ETF.net UDIV Grade
Score 71 of 100 sits in the A 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 95Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 46Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 27Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 42Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 53Category rank
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
- —
- 38%
- NVDA
Sectors
- Technology40.4%
- Financials11.8%
- Communication9.9%
- Consumer Discr.8.8%
- Health Care8.0%
- Cons. Staples5.5%
- Industrials5.2%
- Energy3.8%
- Real Estate3.4%
- Utilities2.4%
- Materials0.7%
Geography
- United States97.53%
- Ireland1.76%
- Netherlands0.27%
- Switzerland0.22%
- Uruguay0.08%
- United Kingdom0.07%
- Cayman Islands0.07%
UDIV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | UDIV |
|---|---|
| Year to date | +18.2% |
| 1 month | +1.3% |
| 3 months | +3.7% |
| 1 year | +20.3% |
| 3 years | +25.7% |
| 5 years | +15.1% |
| 10 years | +12.1% |
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 | +18.2% | |
| 2025 | +19.0% | |
| 2024 | +25.6% | |
| 2023 | +26.2% | |
| 2022 | −15.0% | |
| 2021 | +19.7% | |
| 2020 | +5.6% |
UDIV in the news
ETF.net Research hasn’t filed on UDIV yet — coverage lands here as it’s written.
UDIV Dividends
- 1.40%
- $0.87
- $0.18 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Pays Sep 25, 2026 | $0.18 |
| Jun 26, 2026 | Jul 6, 2026 | $0.23 |
| Mar 20, 2026 | Mar 27, 2026 | $0.19 |
| Dec 19, 2025 | Dec 29, 2025 | $0.27 |
| Sep 19, 2025 | Sep 26, 2025 | $0.21 |
| Jun 20, 2025 | Jun 27, 2025 | $0.19 |
| Mar 21, 2025 | Mar 28, 2025 | $0.15 |
| Dec 20, 2024 | Dec 30, 2024 | $0.26 |
| Sep 20, 2024 | Sep 27, 2024 | $0.32 |
| Jun 21, 2024 | Jun 28, 2024 | $0.23 |
| Mar 15, 2024 | Mar 25, 2024 | $0.12 |
| Dec 15, 2023 | Dec 26, 2023 | $0.50 |
UDIV Risk
- 13.3%
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.
- 1.32
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
- The middle half of US Dividend Index funds
- Median 0.38%
3 of the 52 US Dividend Index funds charge less.