# ALPS Dynamic US Dividend Advantage ETF (RFDA): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/rfda for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: ALPS Funds · Asset class: Equity - Strategy: Actively Managed · Inception: 2016-06-06 ALPS ETF Trust - ALPS Dynamic US Dividend Advantage ETF is an exchange traded fund launched and managed by ALPS Advisors, Inc. The fund is co-managed by Riverfront Investment Group, LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in value and momentum stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. The fund employs quantitative analysis to create its portfolio. It seeks to benchmark the performance of its portfolio again... ## Key Facts | Metric | Value | |---|---| | Price | $72.99 | | Expense Ratio | 0.52% | | Assets Under Management | $78.5M | | NAV | $73.01 | | Holdings Count | 1 | | Distribution Yield (TTM) | 1.98% | | Annual Distribution (TTM) | $1.45 /share | | Distribution Frequency | Monthly | | 52-Week Range | $61.13 – $74.21 | | Beta | 0.85 | ## Latest Distribution - Amount: $0.0662 /share - Ex-date: 2026-10-22 - Pay date: 2026-10-27 ## Frequently Asked Questions ### What does RFDA invest in? ALPS ETF Trust - ALPS Dynamic US Dividend Advantage ETF is an exchange traded fund launched and managed by ALPS Advisors, Inc. The fund is co-managed by Riverfront Investment Group, LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in value and momentum stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. The fund employs quantitative analysis to create its portfolio. It seeks to benchmark the performance of its portfolio against the S&P 500 Index. The fund employs proprietary research to create its portfolio. ALPS ETF Trust - ALPS Dynamic US Dividend Advantage ETF was formed on June 5, 2016 and is domiciled in the United States. ### What is the expense ratio of RFDA? ALPS Dynamic US Dividend Advantage ETF (RFDA) charges an expense ratio of 0.52%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is RFDA? ALPS Dynamic US Dividend Advantage ETF (RFDA) manages $78.5M 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 RFDA actively managed or an index fund? RFDA is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RFDA's is 0.52%) in exchange for the discretion to over- or under-weight positions. ### When was RFDA launched? ALPS Dynamic US Dividend Advantage ETF (RFDA) launched in June 2016 and is managed by ALPS Funds. ### How has RFDA performed? RFDA'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. ### Does RFDA pay a dividend? ALPS Dynamic US Dividend Advantage ETF (RFDA) currently distributes little or no income. Trailing-twelve-month yield is 1.98%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does RFDA pay dividends? ALPS Dynamic US Dividend Advantage ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is RFDA's dividend yield? RFDA's trailing-twelve-month yield is 1.98%, calculated from the sum of dividends over the past year divided by the current price. ### When is RFDA's next ex-dividend date? The most recently announced ex-dividend date for RFDA was 2026-10-22. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will RFDA's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.52% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does RFDA charge its expense ratio? The expense ratio is deducted in tiny daily slices from RFDA's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does RFDA cost more than a fund like VOO? RFDA is actively managed (current expense ratio 0.52%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether RFDA's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to RFDA? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as RFDA (0.52%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/rfda - Distribution history: https://www.dividenddata.com/funds/rfda/dividend - Holdings & diversification: https://www.dividenddata.com/funds/rfda/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/rfda/expenses - Peer comparison: https://www.dividenddata.com/funds/rfda/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.