Franklin U.S. Core Dividend Tilt Index ETF

Frequently Asked Questions About UDIV

What does UDIV invest in?

UDIV tracks an index to search for high dividend yield across the US equities market. The fund starts its selection process from the index parent universe, which is composed of large- and mid-capitalization US stocks representing the top 85% of the US equity market by float-adjusted market capitalization. From this universe, the underlying index aims to limit expected tracking error to the parent index by utilizing an optimization process that is applied at each quarterly reconstitution. The underlying index also tilts the selection and weighting process to favor high dividend paying companies (based on trailing twelve-month dividend yield). Prior to August 1, 2022, the fund was named Franklin LibertyQ Global Dividend ETF, with ticker FLQD, and tracked the LibertyQ Global Dividend Index.

What is the expense ratio of UDIV?

Franklin U.S. Core Dividend Tilt Index ETF (UDIV) charges an expense ratio of 0.06%. This is the annual fee deducted from fund assets to cover management and operations.

How big is UDIV?

Franklin U.S. Core Dividend Tilt Index ETF (UDIV) manages $138.4M 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 UDIV actively managed or an index fund?

UDIV's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was UDIV launched?

Franklin U.S. Core Dividend Tilt Index ETF (UDIV) launched in June 2016 and is managed by Franklin Templeton.

How has UDIV performed?

UDIV'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.