DIVA

AGFiQ Hedged Dividend Income Fund
N/A

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

DIVA Fund Description

The AGFiQ 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-listed 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

FQF Trust
AGFiQ
01/15/15
Open-Ended Fund
1.15%
$2.35M
$41.60K
0.43%

DIVA Portfolio Data

Long/Short Equity
6.91%
N/A
268

DIVA Index Data

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

1.15%
--
--
--

DIVA Tax Exposures

20.00% / 39.60%
2.15%
Qualified dividends
No

DIVA Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
High
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

DIVA Factset Analytics Block Liquidity

As of 04/19/18
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 5 out of 5.

DIVA Tradability

408
$41.60K
21
$40.24K
0.43%
$0.10
0.00%
2.60% / -2.01%
None
100.00%
50,000
0.00
0.09%
0.03%
--
$23.38
5

DIVA Asset Allocation

Short
Long
Net
0.00%
0.00%

0.00%

0.00%
0.00%

0.00%

0.00%
0.00%

0.00

0.00%
0.00%

0.00%

DIVA Top 5 Holdings – Short

-49.93%

DIVA Performance Statistics

-2.59%
1.95%
-3.21%
-0.02
-0.03
-0.31
0.59

DIVA Correlations (Daily Returns 12 Mo)
0.51

The fund’s correlation vs. a broad benchmark: MSCI ACWI FM IMI Index

0.10

The fund’s correlation vs. a broad benchmark: Barcap Multiverse Index

0.13

The fund’s correlation vs. a broad benchmark: S&P GSCI Index

Correlation (Rolling 30 Day, 12 Mo)