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%
$11.24M
$42.97K
0.48%

DIVA Portfolio Data

Long/Short Equity
5.96%
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%
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DIVA Tax Exposures

20% / 39.6%
2.12%
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
SHARES/SIZEPRICE
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 18:10:48
Daily Spread
Premium/Discount
Volume

DIVA Factset Analytics Block Liquidity

As of 11/21/17
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 5 out of 5.

DIVA Tradability

1,005
$42.97K
85
$26.49K
0.48%
$0.12
-0.02%
1.14% / -1.21%
None
100%
50,000
0
0.08%
0.03%
--
$25.02
5

DIVA Asset Allocation

Short
Long
Net
-50.00%
99.00%

50.00%

0.00%
0.00%

0.00%

0.00%
0.00%

0.00

0.00%
0.00%

0.00%

DIVA Top 5 Holdings – Long

DIVA Top 5 Holdings – Short

-49.90%

DIVA Performance Statistics

2.34%
0%
0%
-0.06
-0.1
-0.23
-0.25

DIVA Correlations (Daily Returns 12 Mo)
0.70

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

0.56

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

0.30

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

Correlation (Rolling 30 Day, 12 Mo)