GDIV
Harbor Dividend Growth Leaders ETF
GDIV is an actively managed fund of large-cap, dividend-paying companies in the developed markets. Holdings are selected using a bottom-up fundamental approach.
International
EQUITY
Active
MANAGEMENT STYLE
50 bp
EXPENSES
$269.4 M
ASSETS UNDER MGMT
Fund Basics
Fund sponsor | ORIX |
Category | International |
Asset class | Equity |
Website | link... |
Inception date | May 23, 2022 |
Assets (mns) | $269 |
Expense ratio | 50 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Annually |
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
APPLE INC | 7.2 % |
MICROSOFT CORP | 6.7 % |
BROADCOM INC. | 6.0 % |
ARTHUR J GALLAGHER & CO | 3.6 % |
INTL BUSINESS MACHINES CORP | 3.5 % |
ELI LILLY & CO | 2.9 % |
MERCK & CO. INC. | 2.8 % |
MICROCHIP TECHNOLOGY INC | 2.7 % |
COCA-COLA CO/THE | 2.6 % |
AMERICAN INTERNATIONAL GROUP | 2.5 % |
Constituent Breakdown
Number of holdings | 43 |
Herfindahl-Hirschman Index | 299 |
Wgt avg mkt cap (mns) | $617,651 |
Large cap (>$10bn) | 92.3% |
Mid cap ($2-10bn) | 7.7% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 92.0 % | |
NETHERLANDS | 2.3 % | |
FRANCE | 1.5 % | |
BRITAIN | 1.3 % |
Historical Performance
Standardized Performance (as of 06/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 3.3% | 11.6% | 12.2% | -- | -- | -- | 6.6% | Volatility | 10.5% | 10.8% | 15.6% | 999.9% | 999.9% | 999.9% | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.90 | 96% |
MSCI EAFE | 0.81 | 80% |
MSCI Emg Mkts | 0.57 | 42% |
Liquidity Measures
Avg. volume (000) | 59 |
Turnover | 0.3% |
Avg. Bid/Ask (% of price) | 0.18% |
ADV of underlying (mns) | $77,182 |
Technical Indicators
Recent close | $14.60 |
30d moving avg. | $14.61 |
Annualized volatility | 17.2% |
Relative strength (RSI) | 55 |
Short interest (ETF) | 0.1% |
Short interest (underlying) | 0.0% |
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. GDIV |
Expenses vs. GDIV |
ALTAR Score™ vs. GDIV |
---|---|---|---|---|
USMC | Principal U.S. Mega-Cap ETF | 31.5% | -38 bp | -0.7% |
FDRR | Fidelity Dividend ETF for Rising Rates | 29.9% | -35 bp | +2.0% |
OUSA | ALPS O'Shares U.S. Quality Dividend ETF | 28.5% | -2 bp | +0.4% |
DUHP | Dimensional US High Profitability ETF | 27.8% | -29 bp | +1.1% |
DGRW | WisdomTree US Quality Dividend Growth Fund | 26.7% | -22 bp | +0.4% |
STXD | Strive 1000 Dividend Growth ETF | 26.6% | -15 bp | -0.5% |
JHDV | John Hancock U.S. High Dividend ETF | 25.5% | -16 bp | +0.8% |
PALC | Pacer Lunt Large Cap Multi-Factor Alternator ETF | 25.4% | +10 bp | -1.5% |
ZECP | Zacks Earnings Consistent Portfolio ETF | 25.3% | +5 bp | -1.0% |
XLG | Invesco S&P 500 Top 50 ETF | 25.2% | -30 bp | -1.0% |
Risk and Returns: GDIV 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
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
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 7/25/2024
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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
GDIV
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 Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
GDIV
5.7%
Cat. Avg
7.2%
Fund Category: International
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 5.7% |
Recommendation
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
Category Overview
There are 258 funds in the International category, with an average ALTAR Score™
of 7.2% and a standard deviation of
2.4%. GDIV's ALTAR Score™ is approximately
0.6 standard deviations
below
the category average. This places GDIV in the 27th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
GDIV
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Expense Analysis
Peer Group | Active International Equity ETFs |
# of ETFs | 38 |
Avg. Expense Ratio | 56.2 bp |
Std. Deviation | 24 bp |
GDIV (50 bp) Percentile rank | 40 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
GDIV | 50.0 | 17.9 | 67.9 |
Peer Avg. | 62.0 | 34.3 | 96.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .