DIVA

QuantShares Hedged Dividend Income Fund
LAST TRADECHANGE (%)VOLUME
$25.46-- (--)2
4:00:00 p.m. (ET) 03/22/2017
BID SIZEBID ($)ASK ($)ASK SIZE
2,90025.3725.512,900

Overall Rating

N/A

N/A
as of 03/27/17

Rating Details

N/A
N/A
N/A
Segment Average
  • Overview
  • Efficiency
  • Tradability
  • Fit

DIVA Fund Description

The QuantShares Hedged Dividend Income ETF tracks an equal-weighted index that goes long the highest-yielding dividend stocks and goes short the lowest-yielding stocks.

DIVA FactSet Analytics Insight

DIVA chooses from the largest 1,000 US-listeda long-short strategy based on dividend yield companies by market cap, and goes 100% long the companies that consistently pay the highest dividends based on yield, and 50% short the companies that pay the lowest dividends, in an attempt to capture yield and capital appreciation. The short exposure is aimed at giving DIVA a similar risk profile to that of high-yield fixed-income funds, and to reduce the fund’s correlation to the broad market. The fund launched in January 2015 and charges a higher-than-average fee for the absolute-returns space.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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DIVA Summary Data

01/15/15
Open-Ended Fund
1.59%
$3.82 M
$36.47 K
0.67%

DIVA Portfolio Data

Long/Short Equity
6.09%
N/A
268

DIVA Index Data

Indxx Hedged Dividend Income Index
Equal
Dividends
90-Day Constant-Maturity U.S. Treasury Yield
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

DIVA Portfolio Management

1.59%
--
--
--

DIVA Tax Exposures

20.00% / 39.60%
2.12%
Qualified dividends
No

DIVA Fund Structure

Open-Ended Fund
No
No
0% / 100%
N/A
N/A
High
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
10027.21
10026.57
2,90025.52
2,90025.51
BIDS2,90025.37
2,90025.36
10024.43
10023.79
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LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 10:02:16
Average Spread
Premium/Discount
Volume

DIVA FactSet Analytics Block Liquidity

As of 03/27/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of DIVA. DIVA is rated a 4 out of 5.

DIVA Tradability

1,048
$36.47 K
25
$5.12 K
0.67%
$0.17
0.02%
2.59% / -2.40%
None
100.00%
50,000
0.00
0.08%
0.03%
--
$25.46
4

Term Structure VIX Futures As of 12/31/1969

This chart is unavailable

DIVA Performance Statistics

12.71%
0%
0%
-0.06
-0.10
-0.23
-0.25

Correlation (Rolling 30 Day, 12 Mo)