ELCV vs HIDV

ELCVCEventide High Dividend ETF

HIDVAAB US High Dividend ETF

In short

ELCV A 2024 newcomer in a field full of veterans: an actively managed high-dividend portfolio that undercuts the typical active dividend ETF on fees and pays shareholders quarterly.

HIDV HIDV hunts dividends without wandering off the map: an active, systematic screen on value, quality and momentum, wrapped around S&P 500-like market participation. Income tilt, core-equity shape.

Stated mandate

ELCV The Fund seeks income, income growth, and long-term capital appreciation. It normally invests at least 80% of net assets in dividend-paying securities using a long-only, actively managed, fundamental and values-based approach.

HIDV HIDV is an active U.S. equity ETF seeking core U.S. equity exposure, attractive dividend income, and capital appreciation. Its systematic process is designed to identify dividend opportunities while maintaining diversified, market-like participation.

Why people hold it

• ELCV Charges 0.49% a year, below the 0.55% median for active dividend-income ETFs.
• Pays quarterly, so income arrives on a set schedule rather than in lumps.
• Does what the label says: the portfolio lines up closely with the high-dividend mandate in its filings, with no strategy drift to squint at.
• Already a few hundred million dollars in size and rated in the upper half of its active dividend-income peer group.

• HIDV Charges 0.35%, well under the 0.55% median for active US dividend funds, and undercuts active peers like TDVG (0.50%) and BGIG (0.45%).
• Stock picking is systematic, not vibes: AB advertises value, quality and momentum as the levers. You can see what drives the portfolio.alliancebernstein.com
• Roughly 110 US names measured against the S&P 500, so the income tilt sits inside diversified core exposure rather than a narrow yield corner. Pays quarterly.
• Stacks up as one of the stronger builds among the three dozen-odd active dividend-income ETFs we track.

Worth knowing

• ELCV Launched in 2024, so the live record is short and covers no full market cycle yet.
• Thinly traded. Limit orders and a glance at the spread matter more here than with the category's giants.
• Cheaper than the cohort median, but not the cheapest shelf: CGDV runs 0.33% and HIDV 0.35%.

• HIDV A smaller, thinly traded fund. Spreads can be wider than the category giants, so limit orders matter more here.
• Launched in 2023, so the live record is short relative to older dividend franchises.
• Fully invested US stock fund with no downside cushion. A dividend tilt is not a shock absorber when the market drops.

Full ELCV profile⁠

Full HIDV profile⁠