DIVD vs DIVS

DIVDBAltrius Global Dividend ETF

DIVSBGuinness Atkinson Dividend Builder ETF

In short

DIVD An actively managed global dividend fund priced like an index product: 0.49% to hunt value-priced dividend payers across developed and emerging markets, with income paid out monthly.

DIVS One of the first mutual funds ever converted into an ETF (March 2021), DIVS runs a 2012-vintage global dividend strategy: about 35 roughly equal-weight names that cleared ten straight years of 10%-plus real cash returns on capital.

Stated mandate

DIVD The Fund seeks long-term capital growth and income. It is actively managed and identifies dividend-paying companies using attractive valuations and other financial characteristics.

DIVS The ETF seeks moderate current income and dividend growth that exceeds inflation. It is actively managed and invests mainly in dividend-paying companies with the potential for consistent dividend increases.

Why people hold it

• DIVD Charges 0.49%, less than half the typical fee in its global dividend income peer group and unusually low for a hand-picked portfolio.
• Genuinely global mandate: developed international and emerging market dividend payers, not a US large-cap list wearing a world label.
• Pays monthly, so distributions arrive twelve times a year instead of in quarterly lumps.
• Stock picking is bottom-up value: valuation and financial characteristics drive the list, and the portfolio rates among the strongest in its small cohort.

• DIVS 0.45% net of a waiver through June 30, 2029, against a 0.98% gross fee. That sits under category standouts CGDG (0.47%), DIVD (0.49%) and CVGD (0.50%).
• The quality bar is written into the prospectus: a real cash flow return on investment of at least 10% in each of the last 10 years, not merely a long payout history.sec.gov
• Roughly 35 global positions at approximately equal weight, so no single name owns the income stream. Distributions go out quarterly.sec.gov

Worth knowing

• DIVD A small, thinly traded fund. Spreads can run wider and large orders are harder to fill than in a mega-cap index ETF.
• Launched in 2022, so the public record is short, and results ride on the manager's calls rather than a published index.
• The value screen means the holdings can look nothing like a broad global benchmark, and can drift from it for long stretches.

• DIVS Thinly traded with a small asset base, so the spread can cost more than the fee. Limit orders are the usual workaround.
• That 0.45% is a waived rate; the gross fee is 0.98%. The waiver runs through June 30, 2029, and the cost resets higher if it is not renewed.
• Active and concentrated at roughly three dozen names, with foreign-listed holdings, so currency moves and single-stock calls both show up in results.sec.gov

Full DIVD profile⁠

Full DIVS profile⁠