DIVZ
TrueShares Low Volatility Equity Income ETF
DIVZ holds an actively-managed, concentrated portfolio of US-listed companies that are favorably valued and have attractive dividends. The fund also seeks to deliver lower volatility than the overall market.
US
EQUITY
Active
MANAGEMENT STYLE
$ 183.9 M
ASSETS UNDER MGMT
65 bp
EXPENSES
Fund Basics
| Inception date | Jan 27, 2021 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | None |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| PHILIP MORRIS INTERNATIONAL | 6.3 % |
| BRITISH AMERICAN TOB-SP ADR | 6.1 % |
| VERIZON COMMUNICATIONS INC | 5.9 % |
| UNITEDHEALTH GROUP INC | 5.1 % |
| ENBRIDGE INC | 4.8 % |
| MPLX LP | 4.4 % |
| AT&T INC | 4.4 % |
| CITIGROUP INC | 4.3 % |
| CME GROUP INC | 4.2 % |
| NEXTERA ENERGY GROUP | 4.2 % |
Constituent Breakdown
| Number of holdings | 29 |
| Herfindahl-Hirschman Index | 386 |
| Wgt avg mkt cap (mns) | $166,427 |
| Large cap (>$10bn) | 97.6% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 97.6% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 84.2 % |
 |
BRITAIN | 6.1 % |
 |
CANADA | 4.8 % |
 |
IRELAND | 2.5 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 2.4% | 9.6% | 11.8% | 10.3% | 6.3% | -- | -- | 7.9% |
| Dividend Yield | 0.7% | 3.1% | 3.1% | 3.4% | 3.6% | -- | -- | 3.6% |
| Total Returns | 3.0% | 12.7% | 14.9% | 13.6% | 9.9% | -- | -- | 11.5% | Ann. Volatility | 9.4% | 12.0% | 11.3% | 11.0% | 12.6% | -- | -- | 12.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.43 | 45% |
| MSCI EAFE | 0.48 | 50% |
| MSCI Emg Mkts | 0.32 | 28% |
Liquidity Measures
| Avg. volume (000) | 26 |
| ADV traded (mns) | $1 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.07% |
Technical Indicators
| 30d moving avg. (EMA) | $37.42 |
| Relative strength (RSI) | 48 |
| MACD/Signal | -0.16/-0.21 |
| Bollinger Bands (Upper/Lower) | $37.78/$36.64 |
| Short interest (% of AUM) | 0.4% |
Distributions
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. DIVZ |
Expenses vs. DIVZ |
ALTAR Score™ vs. DIVZ |
|---|---|---|---|---|
| LVDS | JPMorgan Fundamental Data Science Large Value ETF | 44.4% | -16 bp | -0.6% |
| MDLV | Morgan Dempsey Large Cap Value ETF | 26.5% | -7 bp | -0.1% |
| FDV | Federated Hermes U.S. Strategic Dividend ETF | 24.3% | -15 bp | -0.1% |
| DURA | VanEck Durable High Dividend ETF | 23.4% | -36 bp | +0.5% |
| SNPV | Xtrackers S&P 500 Value ESG ETF | 23.4% | -50 bp | -0.3% |
| DHS | WisdomTree U.S. High Dividend Fund | 23.1% | -27 bp | +2.2% |
| DJD | Invesco Dow Jones Industrial Average Dividend ETF | 22.2% | -58 bp | +0.7% |
| HDV | iShares Core High Dividend ETF | 21.5% | -57 bp | 0.0% |
| DIVL | Madison Dividend Value ETF | 21.4% | 0 bp | -1.2% |
| CDL | VictoryShares US Large Cap High Dividend Volatility Wtd ETF | 20.5% | -30 bp | +0.9% |
Risk and Returns: DIVZ 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 (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2025 | 2026 | 2027 | |
| 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 4/15/2026
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
6.4%
ALTAR SCORE™
66th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,201 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. DIVZ's ALTAR Score™ is approximately 0.4 standard
deviations above the category average. This places DIVZ in the 66th percentile
among funds in the category.
Sell-Side Consensus
$40.74
PRICE TARGET
+10.1%
UPSIDE