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The fund is an actively-managed exchange-traded fund (“ETF”). The adviser seeks to achieve the fund’s investment objective by investing, under normal circumstances, at least 80% of its net assets in the equity securities of U.S. companies. The fund invests in companies that are determined to be attractive by the adviser with an emphasis on income generation. The fund is non-diversified.
Is HIDV's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
I initiate coverage of the AB US High Dividend ETF with a Buy rating. HIDV has an active, high-turnover strategy offering "core US equity exposure with attractive dividend income and the potential for capital growth." I would argue that the IT-heavy HIDV portfolio has a strong GARP tilt, manifested in a WA PEG ratio of 0.75. Its quality characteristics also reinforce the thesis.
HIDV is an actively managed fund with a 0.45% expense ratio and only $59 million in assets under management, indicating it's relatively unknown in the ETF space. Nevertheless, HIDV might be underrated. It's delivered good returns since its inception, outperforming large-cap value peers like FDVV and DIVB, and almost keeping pace with its benchmark, the S&P 500. HIDV's fundamentals are strong too. I'll dive into its holdings' growth, value, and quality statistics, which match up well against the comparators in this article: FDVV, DIVB, CGDV, and SPY.
This week's ETF Wrap takes you inside the rally in dividend-paying equity ETFs as investors seek to position for President-elect Donald Trump's second term in the White House.
Dividend-paying stocks provide a steady income stream and help mitigate potential losses during weaker market periods.
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