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About Sound Equity Dividend Income ETF
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Inception date
Dec 30, 2020
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
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US8863647934
DIVY aims to provide current income and long-term capital appreciation by actively selecting a small portfolio of US stocks. The funds advisor focuses on companies believed to have favorable fundamentals such as low P/E ratios, positive cash flows, manageable leverage ratios and high dividend yields for portfolio inclusion. Stocks are also selected based on perceived catalysts for appreciation such as new management, new products, corporate restructuring, recapitalization or market dynamics. The objective is to create a portfolio with an aggregate dividend yield that is twice that of the S&P 500 Index. Prior to April 03, 2023, the fund traded under the ticker SDEI. On July 24, 2023, it changed its fund name from Sound Equity Income ETF to Sound Equity Dividend Income ETF.
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
Finance
Process Industries
Health Technology
Stocks99.40%
Finance23.17%
Process Industries13.10%
Health Technology12.62%
Industrial Services7.66%
Energy Minerals7.25%
Utilities6.53%
Consumer Non-Durables6.02%
Commercial Services5.34%
Communications3.78%
Electronic Technology3.71%
Transportation3.17%
Consumer Durables2.84%
Technology Services2.44%
Consumer Services1.79%
Bonds, Cash & Other0.60%
Cash0.42%
Mutual fund0.18%
Stock breakdown by region
North America86.21%
Europe13.79%
Latin America0.00%
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
DIVY invests in stocks. The fund's major sectors are Finance, with 23.17% stocks, and Process Industries, with 13.10% of the basket. The assets are mostly located in the North America region.
DIVY top holdings are Citigroup Inc. and Enbridge Inc., occupying 5.05% and 4.99% of the portfolio correspondingly.
DIVY last dividends amounted to 0.04 USD. The month before, the issuer paid 0.04 USD in dividends,
DIVY assets under management is 30.88 M USD. It's risen 4.91% over the last month.
DIVY fund flows account for 1.35 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, DIVY pays dividends to its holders with the dividend yield of 4.47%. The last dividend (Aug 29, 2025) amounted to 0.04 USD. The dividends are paid monthly.
DIVY shares are issued by Toroso Investments Topco LLC under the brand Sound Income Strategies. The ETF was launched on Dec 30, 2020, and its management style is Active.
DIVY expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
DIVY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DIVY invests in stocks.
DIVY price has risen by 4.83% over the last month, and its yearly performance shows a −2.94% decrease. See more dynamics on DIVY price chart.
NAV returns, another gauge of an ETF dynamics, showed a 8.23% increase in three-month performance and has increased by 3.43% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 8.23% increase in three-month performance and has increased by 3.43% in a year.
DIVY trades at a premium (0.11%) meaning the ETF is trading at a higher price than the calculated NAV.