DIVA

AGFiQ Hedged Dividend Income Fund
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79
*Unless otherwise stated, data provided by FactSet.

DIVA Fund Description

DIVA 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.

DIVA CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/22/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DIVA -1.89% -1.37% 2.70% 1.76% 2.03% -- --
DIVA (NAV) -1.56% -0.99% 2.82% 0.60% 2.33% -- --
Indxx Hedged Dividend Income Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DIVA Summary Data

FQF Trust
AGFiQ
01/15/15
Open-Ended Fund
0.75%
$4.71M
$35.92K
0.54%

DIVA Portfolio Data

Long/Short Equity
3.68%
N/A
102

DIVA Index Data

Equal
Dividends
N/A

DIVA Portfolio Management

0.75%
--
--
--

DIVA Tax Exposures

20.00% / 39.60%
1.62%
Qualified dividends
No

DIVA Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
High
Daily
Cboe 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 08/23/19
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 N/A out of 5.

DIVA Tradability

1,251
$35.92K
530
$17.85K
0.54%
$0.13
0.07%
1.07% / -1.36%
None
100.00%
50,000
0.01
0.08%
--
--
$23.55
N/A

DIVA Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

DIVA Top 5 Holdings Long

52.65%

DIVA Top 5 Holdings Short

-47.12%

DIVA Performance Statistics

0.60%
5.69%
-3.64%
0.00
0.00
-0.45
3.59

DIVA Correlations (DAILY RETURNS 12 MO)

0.51
-0.13
0.30

Correlation (Rolling 30 Day, 12 Mo)