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MarketDesk Focused US Dividend ETF

FDIV

Market cap $55.5M

27.74 USD

-0.20

0.72%

At close Updated Nov 6, 4:00 PM EST

1 day

-0.72%

5 days

-2.32%

1 month

5.08%

3 months

-1.21%

6 months

0.11%

Year to date

2.4%

1 year

6.28%

5 years

11.58%

10 years

11.58%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 0%

Neutral 0%

Negative 0%

FDIV: Designed For A Recession, But Underperforming For Now

The MarketDesk Focused U.S. Dividend ETF has underperformed with a 1.9% yield and 7.7% total return YTD, compared to broader market returns. FDIV's quant-driven strategy and sectoral allocation to Consumer Defensive stocks have not panned out, unlike SPYD's Real Estate-heavy portfolio. FDIV is positioned for a recession, but the resilient economy has hindered its performance, making it hard to recommend it over SPYD or the broader market.

FDIV: Designed For A Recession, But Underperforming For Now

FDIV: 2.78% Yielding Dividend ETF With Questionable Quality And Growth

MarketDesk Focused U.S. Dividend ETF is a relatively new dividend fund aiming to solve the income vs. capital appreciation dilemma. Its ER is 0.35% and the fund has $103 million in assets under management. The FDIV ETF's expected dividend yield is 2.78%, which is below low-cost peers like DIVB, SCHD, and VYM. While its 14.90x forward P/E valuation is competitive, its growth rates are not. 25/61 selections totaling 43% of the fund by weight have negative three-year free cash flow growth rates, and FDIV's net estimated sales and earnings growth rates are virtually flat.

FDIV: 2.78% Yielding Dividend ETF With Questionable Quality And Growth

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