DIVY
Sound Equity Dividend Income ETF
DIVY is an actively managed, narrow portfolio, of US large- and midcap stocks, fundamentally selected for capital appreciation and dividend yield.
US
EQUITY
Active
MANAGEMENT STYLE
27.9 M
ASSETS UNDER MGMT
45 bp
EXPENSES
Fund Basics
| Fund sponsor | Toroso Investments |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 30, 2020 |
| Assets (mns) | $28 |
| Expense ratio | 45 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-Monthly |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| CITIGROUP INC | 5.5 % |
| ENBRIDGE INC | 5.1 % |
| OMNICOM GROUP | 4.9 % |
| GLAXOSMITHKLINE PLC-SPON ADR | 4.1 % |
| EVERSOURCE ENERGY | 3.9 % |
| CITIZENS FINANCIAL GROUP, INC. | 3.7 % |
| GREIF INC-CL B | 3.6 % |
| CISCO SYSTEMS INC | 3.6 % |
| UNITED PARCEL SERVICE-CL B | 3.5 % |
| PERRIGO CO | 3.5 % |
Constituent Breakdown
| Number of holdings | 32 |
| Herfindahl-Hirschman Index | 328 |
| Wgt avg mkt cap (mns) | $79,185 |
| Large cap (>$10bn) | 78.0% |
| Mid cap ($2-10bn) | 11.0% |
| Small cap (<$2bn) | 8.5% |
| Developed mkts. | 99.6% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 79.7 % |
 |
BRITAIN | 8.4 % |
 |
CANADA | 5.1 % |
 |
IRELAND | 3.5 % |
 |
FRANCE | 0.9 % |
Historical Performance
Standardized Performance (as of 11/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 2.4% | -4.7% | 3.0% | -1.0% | -- | -- | -- | 5.4% |
| Dividend Yield | 3.7% | 4.6% | 4.6% | 4.6% | -- | -- | -- | 4.4% |
| Total Returns | 6.0% | -0.1% | 7.6% | 3.6% | -- | -- | -- | 9.8% | Ann. Volatility | 18.6% | 18.2% | 15.9% | 15.9% | -- | -- | -- | 17.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.72 | 62% |
| MSCI EAFE | 0.79 | 53% |
| MSCI Emg Mkts | 0.63 | 39% |
Liquidity Measures
| Avg. volume (000) | 3 |
| ADV traded (mns) | $0 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.53% |
Technical Indicators
| 30d moving avg. (EMA) | $25.59 |
| Relative strength (RSI) | 55 |
| MACD/Signal | 0.05/-0.02 |
| Bollinger Bands (Upper/Lower) | $26.10/$24.97 |
| Short interest (% of AUM) | 0.1% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. DIVY |
Expenses vs. DIVY |
ALTAR Score™ vs. DIVY |
|---|---|---|---|---|
| SDOG | ALPS Sector Dividend Dogs ETF | 26.7% | -9 bp | +9.7% |
| MDLV | Morgan Dempsey Large Cap Value ETF | 25.7% | +13 bp | +7.2% |
| SPHD | Invesco S&P 500 High Dividend Low Volatility ETF | 23.3% | -15 bp | +10.4% |
| DIVZ | TrueShares Low Volatility Equity Income ETF | 20.0% | +20 bp | +6.5% |
| SPDV | AAM S&P 500 High Dividend Value ETF | 19.6% | -16 bp | +11.9% |
| SPYD | State Street SPDR Portfolio S&P 500 High Dividend ETF | 19.1% | -38 bp | +10.9% |
| CDL | VictoryShares US Large Cap High Dividend Volatility Wtd ETF | 18.1% | -10 bp | +7.8% |
| CDC | VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 18.0% | -7 bp | +7.8% |
| FDV | Federated Hermes U.S. Strategic Dividend ETF | 17.7% | +5 bp | +7.7% |
| SCHD | Schwab US Dividend Equity ETF | 17.1% | -39 bp | +10.0% |
Risk and Returns: DIVY vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/5/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
DIVY
10.0%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 1021 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.3%. DIVY's ALTAR Score™ is approximately
1.9 standard deviations
above
the category average. This places DIVY in the 97th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
DIVYSELL
U/W
HOLD
O/W
BUY