Altrius Global Dividend ETF (DIVD)

Altrius Global Dividend ETF (ADIV) Summary

Profile: ADIV is an actively managed ETF that invests in a diversified portfolio of global companies expected to pay high dividends. The ETF mainly invests in large-cap stocks across a variety of sectors, aiming for a balance of income and long-term capital growth.

Objective: The primary goal of ADIV is to provide investors with a high level of current income through dividend distributions, as well as capital appreciation over the long term.

Issuer: ADIV is issued by Altrius Investment Strategies LLC, a registered investment advisor established in 2017. The firm specializes in dividend-focused investing and manages several other ETFs.

Reputation & Reliability: Altrius is a relatively young company with limited track record compared to more established ETF issuers. However, the firm's management team has extensive experience in the financial industry, and the firm's other ETFs have received positive reviews.

Management: ADIV is managed by a team of portfolio managers with expertise in fundamental analysis, dividend investing, and portfolio construction.

Market Share: ADIV is a relatively small ETF with approximately $35 million in assets under management. It holds a small market share within the global dividend ETF space.

Total Net Assets: As of November 21st, 2023, ADIV has $34.8 million in total net assets.

Moat: ADIV's competitive advantages include its active management approach, focus on fundamental analysis, and global investment reach. This allows the fund to potentially generate higher returns compared to passively managed dividend ETFs.

Financial Performance: Since inception in May 2022, ADIV has delivered a total return of approximately 8%. This performance compares favorably to the benchmark S&P 500 Index, which returned around 0.5% during the same period.

Benchmark Comparison: Over a 1-year period, ADIV outperformed the S&P 500 Index by a significant margin, demonstrating the potential of its active management strategy.

Growth Trajectory: The global dividend ETF market is expected to experience continued growth in the coming years, driven by investors' increasing focus on income-generating investments.

Liquidity: ADIV has an average daily trading volume of approximately 50,000 shares, indicating moderate liquidity. The bid-ask spread is typically around 0.1%, which is considered reasonable for an actively managed ETF.

Market Dynamics: Factors affecting ADIV's market environment include global economic conditions, interest rates, and dividend payouts from individual companies.

Competitors: Key competitors in the global dividend ETF space include iShares International Select Dividend ETF (IDV) and Vanguard International Dividend Appreciation ETF (VIG). These ETFs have significantly higher market share and assets under management compared to ADIV.

Expense Ratio: The expense ratio for ADIV is 0.69%, which is slightly above the average for similar ETFs.

Investment Approach and Strategy: ADIV follows an active management strategy, where the portfolio managers select individual stocks based on their fundamental analysis and dividend-paying potential. The ETF mainly invests in large-cap companies across a diversified range of sectors.

Key Points:

• Actively managed global dividend ETF
• Focused on income and long-term growth
• Experienced portfolio management team
• Outperformed benchmark in recent periods
• Moderate liquidity

Risks:

• Volatility of dividend payments and stock prices
• Market risk associated with global equities
• Smaller size and track record compared to larger competitors
• Higher expense ratio

Who Should Consider Investing:

• Investors seeking income-generating investments
• Investors with a long-term investment horizon
• Investors comfortable with active management and moderate volatility

Fundamental Rating Based on AI: 7.5

• The AI system analyzes various factors like historical performance, expense ratios, portfolio holdings, and market trends.
• ADIV receives a 7.5 rating based on its strong performance, active management, and experienced team. However, the rating recognizes its smaller size, limited track record, and higher expense ratio compared to larger competitors.

Resources and Disclaimers:

• This analysis is based on publicly available information as of November 2023, including data from the Altrius website, ETF.com, Bloomberg, and Morningstar.
• This analysis is provided for informational purposes only and should not be considered investment advice. Please conduct your own due diligence before making any investment decisions.

This information is intended to be a starting point for your analysis and should not be considered a substitute for your own research. It's important to consult with a financial advisor and consider your own investment goals and risk tolerance before making any decisions.