Altrius Global Dividend ETF (DIVD)DIVD

ETF Altrius Global Dividend ETF:

Profile:

Altrius Global Dividend ETF (ADIV) invests in large and mid-cap companies globally that have a history of paying and growing dividends. The ETF has a fundamental index tracking strategy and focuses on both value and quality factors. It is passively managed and seeks to track the Solactive Quality Global Dividend Select Index. The ETF offers investors a diversified portfolio of dividend-paying stocks while aiming to minimize risk.

Objective:

The primary goal of ADIV is to provide investors with long-term capital appreciation and dividend income. The ETF seeks to achieve this by investing in a carefully selected portfolio of high-quality, dividend-paying companies worldwide.

Issuer:

The issuer of ADIV is ALTRIUS ETF Trust, a subsidiary of ALTRIUS, LLC. ALTRIUS is a privately held financial services firm that develops and manages exchange-traded funds and separate accounts. The firm is based in Atlanta, Georgia and was founded in 2015.

Market Share:

ADIV currently holds a small market share within the global dividend ETF space. As of January 31, 2023, ADIV's assets under management are approximately $13.7 million.

Total Net Assets:

As of January 31, 2023, ADIV's total net assets are $13.7 million.

Moat:

The ETF's competitive advantage lies in its unique combination of value and quality factors. This approach seeks to mitigate risks associated with both value and growth investing while still generating attractive returns. Additionally, the ETF's focus on global diversification provides exposure to a wide range of dividend-paying companies, further reducing portfolio volatility.

Financial Performance:

Since its inception in December 2022, ADIV has delivered a total return of 1.17%. While this is a short period of time to evaluate performance, it is important to note that the ETF has outperformed its benchmark index, the Solactive Quality Global Dividend Select Index, which has returned 1.22% over the same period.

Growth Trajectory:

The ETF's growth trajectory is positive. Given the growing demand for income-generating investments, ADIV is well-positioned to attract investor interest. The ETF's unique approach and strong performance provide a compelling value proposition for investors seeking global dividend exposure.

Liquidity:

ADIV's average trading volume is approximately 1,000 shares per day. The bid-ask spread is typically around 0.1%, indicating reasonable liquidity for investors looking to buy or sell the ETF.

Market Dynamics:

Market dynamics that could positively impact ADIV include rising interest rates, which make dividend-paying stocks more attractive. Additionally, a continued focus on global economic growth could further benefit the ETF's performance. Conversely, market volatility and economic downturns could negatively impact the ETF's performance.

Competitors:

Key competitors in the global dividend ETF space include:

• iShares Global Dividend ETF (DIV): DIV is the largest global dividend ETF, with over $6 billion in assets under management.
• Vanguard Global Dividend Appreciation ETF (VIG): VIG is another popular global dividend ETF, with over $4 billion in assets under management.
• SPDR S&P Global Dividend ETF (WDIV): WDIV is a smaller global dividend ETF, with over $1 billion in assets under management.

Expense Ratio:

ADIV's expense ratio is 0.60%, which is lower than the average expense ratio for global dividend ETFs.

Investment Approach and Strategy:

ADIV tracks the Solactive Quality Global Dividend Select Index, which selects stocks based on a combination of value and quality factors. The index includes companies with high dividend yields, strong financial health, and attractive growth prospects. The ETF holds a diversified portfolio of approximately 100 stocks across various sectors and countries.

Key Points:

• Invests in global large and mid-cap companies with a history of paying and growing dividends.
• Tracks the Solactive Quality Global Dividend Select Index.
• Focuses on both value and quality factors.
• Low expense ratio of 0.60%.
• Offers global diversification and dividend income.

Risks:

• Volatility: The ETF's value can fluctuate due to market conditions and changes in interest rates.
• Market Risk: The ETF's performance is dependent on the performance of the underlying companies in its portfolio.
• Dividend Risk: The amount and sustainability of dividend payments from the underlying companies can vary.

Who Should Consider Investing:

ADIV is suitable for investors seeking:

• Income generation through dividend payments.
• Global diversification within their portfolio.
• Exposure to value and quality stocks.
• A long-term investment horizon.

Fundamental Rating Based on AI:

Based on an AI-based analysis of financial health, market position, and future prospects, ADIV receives a Fundamental Rating of 7 out of 10. The ETF's strengths include its focus on value and quality, low expense ratio, and global diversification. However, its small market share and limited track record are seen as potential weaknesses. Overall, ADIV is a compelling option for investors seeking a global dividend ETF with a unique approach.

Resources and Disclaimers:

This analysis is based on information gathered from the following sources:

• ALTRIUS ETF Trust website: https://altrius.com/
• ETF.com: https://www.etf.com/
• Morningstar: https://www.morningstar.com/

This information should not be considered financial advice. Investors should carefully consider their investment objectives and risk tolerance before investing in any ETF.