Sound Equity Dividend Income ETF
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.4%
1 yr return
8.4%
3 Yr Avg Return
5.8%
5 Yr Avg Return
N/A
Net Assets
$27.7 M
Holdings in Top 10
40.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.45%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DIVY - Profile
Distributions
- YTD Total Return 4.4%
- 3 Yr Annualized Total Return 5.8%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameSound Equity Dividend Income ETF
-
Fund Family NameN/A
-
Inception DateDec 30, 2020
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerEric Ervin
Fund Description
The Fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objectives by investing primarily in common stock issued by dividend paying, mid- and large-capitalization companies whose market capitalization at the time of purchase is typically in excess of $2 billion. Investment decisions for the Fund are made by Sound Income Strategies, LLC (“SIS” or the “Sub-Adviser”), the Fund’s investment sub-adviser. The Fund will invest in companies whose securities trade on U.S. stock exchanges, which may include indirect investments in foreign securities via American Depositary Receipts (“ADRs”). In making investment decisions for the Fund, the Sub-Adviser conducts a fundamental, “bottom-up” analysis on individual securities, focusing on companies that the Sub-Adviser believes are undervalued and have sound economic foundations, as demonstrated by indicators such as: generally positive cash flows, favorable profitability ratios and manageable leverage ratios. In creating the universe of securities eligible for selection in the Fund’s portfolio, the Sub-Adviser seeks to identify companies with low price to earnings ratios and high dividend yields to create a total portfolio with an aggregate dividend yield that is twice the dividend yield of the S&P 500® Index. The Fund will also select securities that have a catalyst that the Sub-Adviser believes will increase the price of the stock. Catalysts for equity appreciation might include such factors as: new management, new products, corporate restructuring, a recapitalization, or market dynamics, such as a turn in the business cycle, change in factor costs, or competitive dynamics. The Sub-Adviser may sell a security due to achievement of price objective, significant change in the initial investment premise or fundamental deterioration.
Under normal circumstances the Fund will invest at least 80% of its net assets (plus any borrowing) in dividend-paying equity securities. The Fund may invest in ETFs that principally invest in equity securities. The Fund will typically hold securities of approximately 30 companies in its portfolio.
DIVY - Performance
Return Ranking - Trailing
Period | DIVY Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.4% | -5.3% | -4.9% | 96.58% |
1 Yr | 8.4% | -4.3% | -1.9% | 87.63% |
3 Yr | 5.8%* | -0.3% | 0.9% | 86.54% |
5 Yr | N/A* | -1.2% | 0.0% | 66.67% |
10 Yr | N/A* | 0.7% | 1.8% | N/A |
* Annualized
Return Ranking - Calendar
Period | DIVY Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.2% | -73.0% | 6.9% | 33.33% |
2022 | -1.3% | -7.7% | -5.7% | 18.22% |
2021 | 29.2% | 3.5% | 3.7% | 59.45% |
2020 | N/A | 1.1% | 1.3% | 2.43% |
2019 | N/A | -10.2% | -9.9% | 25.31% |
Total Return Ranking - Trailing
Period | DIVY Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.4% | -5.3% | -4.9% | 96.58% |
1 Yr | 8.4% | -9.8% | -1.9% | 86.25% |
3 Yr | 5.8%* | -0.3% | 0.9% | 85.77% |
5 Yr | N/A* | -1.2% | 0.0% | 61.84% |
10 Yr | N/A* | 0.7% | 1.8% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | DIVY Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.1% | -73.0% | 6.9% | 33.33% |
2022 | 3.4% | -7.7% | -5.3% | 30.77% |
2021 | 33.7% | 3.5% | 4.2% | 74.19% |
2020 | N/A | 1.1% | 1.5% | 4.37% |
2019 | N/A | -10.2% | -6.4% | 43.21% |
DIVY - Holdings
Concentration Analysis
DIVY | Category Low | Category High | DIVY % Rank | |
---|---|---|---|---|
Net Assets | 27.7 M | 13.9 M | 59 M | 100.00% |
Number of Holdings | 36 | 11 | 275 | 100.00% |
Net Assets in Top 10 | 11.6 M | 6.2 M | 54.8 M | 100.00% |
Weighting of Top 10 | 40.43% | 36.5% | 92.7% | N/A |
Top 10 Holdings
- LyondellBasell Industries NV 4.73%
- ONEOK Inc 4.64%
- TotalEnergies SE 4.19%
- Omnicom Group Inc 4.01%
- Patterson Cos Inc 3.97%
- ATT Inc 3.88%
- Greif Inc 3.82%
- Enbridge Inc 3.82%
- GSK PLC 3.81%
- Citigroup Inc 3.56%
Asset Allocation
Weighting | Return Low | Return High | DIVY % Rank | |
---|---|---|---|---|
Stocks | 99.50% | 0.00% | 30.86% | 100.00% |
Cash | 0.50% | 1.47% | 99.51% | 16.67% |
Preferred Stocks | 0.00% | 0.00% | 0.67% | 100.00% |
Other | 0.00% | 0.00% | 0.49% | 16.67% |
Convertible Bonds | 0.00% | 0.00% | 12.93% | 100.00% |
Bonds | 0.00% | 0.00% | 65.65% | 100.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DIVY % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 4.60% | 4.60% | N/A |
Technology | 0.00% | 15.27% | 15.27% | N/A |
Real Estate | 0.00% | 20.81% | 20.81% | N/A |
Industrials | 0.00% | 8.90% | 8.90% | N/A |
Healthcare | 0.00% | 7.33% | 7.33% | N/A |
Financial Services | 0.00% | 7.16% | 7.16% | N/A |
Energy | 0.00% | 9.48% | 9.48% | N/A |
Communication Services | 0.00% | 8.44% | 8.44% | N/A |
Consumer Defense | 0.00% | 4.99% | 4.99% | N/A |
Consumer Cyclical | 0.00% | 9.88% | 9.88% | N/A |
Basic Materials | 0.00% | 3.13% | 3.13% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DIVY % Rank | |
---|---|---|---|---|
US | 99.50% | 0.00% | 30.86% | 100.00% |
Non US | 0.00% | 0.00% | 5.50% | 100.00% |
DIVY - Expenses
Operational Fees
DIVY Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.45% | 0.34% | 2.86% | 93.73% |
Management Fee | 0.45% | 0.19% | 1.84% | 66.67% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
DIVY Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 5.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
DIVY Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
DIVY Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 69.00% | 16.67% |
DIVY - Distributions
Dividend Yield Analysis
DIVY | Category Low | Category High | DIVY % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.00% | 100.00% |
Dividend Distribution Analysis
DIVY | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
DIVY | Category Low | Category High | DIVY % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | 0.25% | 6.83% | 66.67% |
Capital Gain Distribution Analysis
DIVY | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Aug 26, 2024 | $0.039 | OrdinaryDividend |
Aug 12, 2024 | $0.039 | OrdinaryDividend |
Jul 25, 2024 | $0.039 | OrdinaryDividend |
Jul 11, 2024 | $0.039 | OrdinaryDividend |
Jun 25, 2024 | $0.039 | OrdinaryDividend |
Jun 11, 2024 | $0.039 | OrdinaryDividend |
Apr 25, 2024 | $0.039 | OrdinaryDividend |
Apr 11, 2024 | $0.039 | OrdinaryDividend |
Mar 26, 2024 | $0.039 | OrdinaryDividend |
Mar 12, 2024 | $0.039 | OrdinaryDividend |
Feb 26, 2024 | $0.039 | OrdinaryDividend |
Jan 25, 2024 | $0.039 | OrdinaryDividend |
Jan 11, 2024 | $0.039 | OrdinaryDividend |
Dec 26, 2023 | $0.127 | OrdinaryDividend |
Dec 12, 2023 | $0.039 | OrdinaryDividend |
Nov 27, 2023 | $0.039 | OrdinaryDividend |
Nov 13, 2023 | $0.039 | OrdinaryDividend |
Oct 26, 2023 | $0.039 | OrdinaryDividend |
Oct 11, 2023 | $0.039 | OrdinaryDividend |
Sep 26, 2023 | $0.039 | OrdinaryDividend |
Sep 12, 2023 | $0.039 | OrdinaryDividend |
Aug 28, 2023 | $0.039 | OrdinaryDividend |
Aug 11, 2023 | $0.039 | OrdinaryDividend |
Jul 26, 2023 | $0.039 | OrdinaryDividend |
Jul 12, 2023 | $0.034 | OrdinaryDividend |
Jun 27, 2023 | $0.034 | OrdinaryDividend |
Jun 13, 2023 | $0.034 | OrdinaryDividend |
May 25, 2023 | $0.034 | OrdinaryDividend |
May 11, 2023 | $0.034 | OrdinaryDividend |
Apr 25, 2023 | $0.034 | OrdinaryDividend |
Apr 11, 2023 | $0.034 | OrdinaryDividend |
Mar 28, 2023 | $0.034 | OrdinaryDividend |
Mar 13, 2023 | $0.034 | OrdinaryDividend |
Feb 23, 2023 | $0.034 | OrdinaryDividend |
Feb 14, 2023 | $0.034 | OrdinaryDividend |
Jan 24, 2023 | $0.034 | OrdinaryDividend |
Jan 10, 2023 | $0.034 | OrdinaryDividend |
Dec 23, 2022 | $0.400 | OrdinaryDividend |
Dec 13, 2022 | $0.034 | OrdinaryDividend |
Dec 07, 2022 | $0.034 | OrdinaryDividend |
Nov 25, 2022 | $0.034 | OrdinaryDividend |
Nov 10, 2022 | $0.034 | OrdinaryDividend |
Oct 25, 2022 | $0.034 | OrdinaryDividend |
Oct 11, 2022 | $0.034 | OrdinaryDividend |
Sep 27, 2022 | $0.034 | OrdinaryDividend |
Sep 12, 2022 | $0.034 | OrdinaryDividend |
Aug 25, 2022 | $0.034 | OrdinaryDividend |
Aug 11, 2022 | $0.034 | OrdinaryDividend |
Jul 26, 2022 | $0.034 | OrdinaryDividend |
Jul 12, 2022 | $0.034 | OrdinaryDividend |
Jun 27, 2022 | $0.034 | OrdinaryDividend |
Jun 13, 2022 | $0.034 | OrdinaryDividend |
May 25, 2022 | $0.034 | OrdinaryDividend |
May 11, 2022 | $0.034 | OrdinaryDividend |
Apr 26, 2022 | $0.034 | OrdinaryDividend |
Apr 12, 2022 | $0.034 | OrdinaryDividend |
Mar 25, 2022 | $0.034 | OrdinaryDividend |
Mar 11, 2022 | $0.034 | OrdinaryDividend |
Feb 23, 2022 | $0.034 | OrdinaryDividend |
Feb 11, 2022 | $0.034 | OrdinaryDividend |
Jan 25, 2022 | $0.034 | OrdinaryDividend |
Jan 11, 2022 | $0.034 | OrdinaryDividend |
Dec 28, 2021 | $0.110 | OrdinaryDividend |
Dec 14, 2021 | $0.034 | OrdinaryDividend |
Nov 30, 2021 | $0.034 | OrdinaryDividend |
Nov 16, 2021 | $0.034 | OrdinaryDividend |
Oct 26, 2021 | $0.034 | OrdinaryDividend |
Oct 12, 2021 | $0.034 | OrdinaryDividend |
Sep 28, 2021 | $0.034 | OrdinaryDividend |
Sep 14, 2021 | $0.034 | OrdinaryDividend |
Aug 31, 2021 | $0.034 | OrdinaryDividend |
Aug 17, 2021 | $0.034 | OrdinaryDividend |
Jul 27, 2021 | $0.032 | OrdinaryDividend |
Jul 13, 2021 | $0.032 | OrdinaryDividend |
Jun 29, 2021 | $0.033 | OrdinaryDividend |
Jun 15, 2021 | $0.033 | OrdinaryDividend |
Jun 01, 2021 | $0.128 | OrdinaryDividend |
Mar 24, 2021 | $0.181 | OrdinaryDividend |
DIVY - Fund Manager Analysis
Managers
Eric Ervin
Start Date
Tenure
Tenure Rank
Dec 18, 2014
5.71
5.7%
Eric Ervin is the President of Reality Shares Advisors, LLC. Prior to founding the firm in 2013, he spent over 15 years building the Ervin Miller Group wealth management franchise at Morgan Stanley Smith Barney. Mr. Ervin is a Certified Financial Planner practitioner, and a Chartered Financial Consultant.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
5.71 | 5.71 | 5.71 | 5.71 |