- What does DIVE invest in?
- The Dana Concentrated Dividend ETF (DIVE) strategically invests in a select group of 25 to 35 large-capitalization U.S. companies that consistently pay dividends. The primary focus is on identifying firms possessing robust, enduring competitive advantages, which are currently trading below their intrinsic value. Its rigorous stock selection methodology integrates qualitative analysis with a quantitative scoring system, benchmarking companies within their respective sectors based on critical metrics such as valuation, growth prospects, and profitability. Portfolio weightings are determined by the sub-adviser's highest-conviction ideas, with comprehensive risk management achieved through broad diversification across various sectors and investment factors, including value, growth, momentum, quality, and volatility. This approach is deeply rooted in behavioral finance principles, actively seeking to capitalize on market inefficiencies and investor biases to uncover undervalued companies exhibiting strong fundamental health, sustainable competitive moats, and significant potential for dividend yield appreciation. Furthermore, the fund employs a disciplined selling framework designed for effective risk control, responsiveness to shifts in company fundamentals, and consistent income generation. Specifically, holdings are divested when their dividend yields diminish as a consequence of price appreciation.
- What is the expense ratio of DIVE?
- Dana Concentrated Dividend ETF (DIVE) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is DIVE?
- Dana Concentrated Dividend ETF (DIVE) manages $48.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is DIVE actively managed or an index fund?
- DIVE's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was DIVE launched?
- Dana Concentrated Dividend ETF (DIVE) launched in September 2025 and is managed by Dana.
- How has DIVE performed?
- DIVE's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
