Key stats
About Franklin U.S. Core Dividend Tilt Index ETF
Home page
Inception date
Jun 1, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Franklin Advisory Services LLC
Distributor
Franklin Distributors LLC
ISIN
US35473P3064
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 err 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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks99.98%
Electronic Technology23.26%
Technology Services20.22%
Finance18.33%
Retail Trade7.57%
Health Technology6.93%
Consumer Non-Durables4.95%
Energy Minerals3.10%
Producer Manufacturing2.85%
Utilities2.45%
Consumer Durables2.19%
Transportation1.69%
Communications1.40%
Consumer Services1.38%
Process Industries1.27%
Industrial Services1.01%
Distribution Services0.66%
Health Services0.54%
Commercial Services0.12%
Non-Energy Minerals0.06%
Bonds, Cash & Other0.02%
Mutual fund0.02%
Cash−0.00%
Stock breakdown by region
North America97.30%
Europe2.47%
Latin America0.23%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
UDIV invests in stocks. The fund's major sectors are Electronic Technology, with 23.26% stocks, and Technology Services, with 20.22% of the basket. The assets are mostly located in the North America region.
UDIV top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 7.11% and 6.61% of the portfolio correspondingly.
UDIV last dividends amounted to 0.19 USD. The quarter before, the issuer paid 0.26 USD in dividends, which shows a 37.44% decrease.
UDIV assets under management is 68.63 M USD. It's risen 8.61% over the last month.
UDIV fund flows account for 27.32 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, UDIV pays dividends to its holders with the dividend yield of 1.67%. The last dividend (Jun 27, 2025) amounted to 0.19 USD. The dividends are paid quarterly.
UDIV shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Jun 1, 2016, and its management style is Passive.
UDIV expense ratio is 0.06% meaning you'd have to pay 0.06% of your investment to help manage the fund.
UDIV follows the Morningstar US Dividend Enhanced Select Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
UDIV invests in stocks.
UDIV price has risen by 2.31% over the last month, and its yearly performance shows a 15.10% increase. See more dynamics on UDIV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.63% over the last month, showed a 10.78% increase in three-month performance and has increased by 18.67% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.63% over the last month, showed a 10.78% increase in three-month performance and has increased by 18.67% in a year.
UDIV trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.