Key stats
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.
Related funds
Classification
What's in the fund
Exposure type
Finance
Process Industries
Health Technology
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DIVY trades at 25.30 USD today, its price has fallen −0.55% in the past 24 hours. Track more dynamics on DIVY price chart.
DIVY net asset value is 25.48 today — it's fallen 2.77% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
DIVY assets under management is 28.49 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
DIVY price has fallen by −2.47% over the last month, and its yearly performance shows a −5.88% decrease. See more dynamics on DIVY price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.77% over the last month, showed a 2.04% increase in three-month performance and has decreased by −0.93% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.77% over the last month, showed a 2.04% increase in three-month performance and has decreased by −0.93% in a year.
DIVY fund flows account for −637.38 K 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
DIVY invests in stocks. See more details in our Analysis section.
DIVY expense ratio is 0.45%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, DIVY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, DIVY technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating DIVY shows the strong sell signal. See more of DIVY technicals for a more comprehensive analysis.
Today, DIVY technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating DIVY shows the strong sell signal. See more of DIVY technicals for a more comprehensive analysis.
Yes, DIVY pays dividends to its holders with the dividend yield of 4.64%.
DIVY trades at a premium (0.70%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
DIVY shares are issued by Toroso Investments Topco LLC
DIVY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 30, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.