Freedom Day Dividend ETF

MBOX

Market cap $124M

MBOX is an actively managed ETF, with a focus on stocks with potential for future dividend growth. Heavy in financials, MBOX has a value tilt and quite strong quality characteristics, with all holdings being profitable. The 3-year dividend CAGR of the portfolio is over 12%. On the negative side, the ETF itself has lackluster distribution growth. There are also concerns related to the holdings' revenue, EBITDA, and EPS growth rates.

Dividend investing is making a comeback amid market volatility. Freedom Day Dividend ETF focuses on companies with a history of increasing dividend payouts. The MBOX ETF uses a 5-step filter for portfolio construction, outperforming competitors but struggling in relative performance.

MBOX is an actively managed vehicle that pursues promising dividend growth stories. Its strategy is based on fundamental analysis and quantitative methods. Incepted in May 2021, MBOX has had a fairly impressive run, beating the market proxied with IVV, as well as a few dividend-growth-focused peers. In its portfolio, quality is nicely balanced with the value factor, while interesting dividend growth stories are abundant.