Skip to Content
ETFs

Madison Dividend Value ETF

DIVL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 15 2023
Expense Ratio
0.65%
Type
US Equities
Fund Owner
Madison Funds
Volume (1m avg. daily)
$144,583
AUM
$63,241,530
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

CSCO
Cisco Systems, Inc.
4.18%
EOG
EOG Resources, Inc.
3.89%
CVX
Chevron Corp.
3.70%
BKR
Baker Hughes Co - Ordinary Shares - Class A
3.67%
CMCSA
Comcast Corp - Ordinary Shares - Class A
3.62%
CME
CME Group Inc - Ordinary Shares - Class A
3.60%
MDT
Medtronic Plc
3.53%
MS
Morgan Stanley
3.49%
FAST
Fastenal Co.
3.46%
JNJ
Johnson & Johnson
3.38%
Invest with DIVL

What is DIVL?

The Dividend Value ETF seeks to produce current income while providing an opportunity for capital appreciation. To pursue this objective, the ETF invests in equity securities of companies with a market capitalization of over $1 billion. The ETF's portfolio managers will identify investment opportunities by screening for companies that generally have a dividend yield greater than the S&P 500 Index, a strong balance sheet, and a dividend that has been maintained and which they believe is likely to increase. An active income solution that employs a relative yield and high-quality approach to mitigate risk while pursuing an above-market dividend yield.

ETFs related toDIVL

ETFs correlated to DIVL include VYM, DIVB, IWX

DIVL
Madison ETFs Trust - Madison Dividend Value ETF
VYM
Vanguard Group, Inc. - Vanguard High Dividend Yield Indx ETF
DIVB
BlackRock Institutional Trust Company N.A. - iShares Core Dividend ETF
IWX
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Value ETF
DGRO
BlackRock Institutional Trust Company N.A. - iShares Core Dividend Growth ETF
PWV
Invesco Capital Management LLC - Invesco Large Cap Value ETF
DTD
WisdomTree Trust - WisdomTree U.S. Total Dividend Fund
ILCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Value ETF
DLN
WisdomTree Trust - WisdomTree U.S. LargeCap Dividend Fund
HDV
BlackRock Institutional Trust Company N.A. - iShares Core High Dividend ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDIVL

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with DIVL using Composer

FAQ

DIVL is a US Equities ETF. The Dividend Value ETF seeks to produce current income while providing an opportunity for capital appreciation. To pursue this objective, the ETF invests in equity securities of companies with a market capitalization of over $1 billion. The ETF's portfolio managers will identify investment opportunities by screening for companies that generally have a dividend yield greater than the S&P 500 Index, a strong balance sheet, and a dividend that has been maintained and which they believe is likely to increase. An active income solution that employs a relative yield and high-quality approach to mitigate risk while pursuing an above-market dividend yield.

DIVL dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

Yes, DIVL is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, DIVL is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DIVL is -0.0139%. This is the percent change in the value of DIVL over the most recent 1-month period. The 3-month return on DIVL is %. This is the percent change in the value of DIVL over the most recent 3-month period.

ETFs similar to DIVL include VIG, DFAS, and DFAT.

ETFs correlated to DIVL include VYM, DIVB, and IWX.

ETFs that are inversely correlated to DIVL include FAZ, SDOW, and DXD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.