DIVA

AGFiQ Hedged Dividend Income Fund
*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 (%)
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PERFORMANCE [as of 10/21/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DIVA 1.46% 3.39% 8.24% 5.95% 3.78% -- --
DIVA (NAV) 1.73% 3.59% 8.27% 6.06% 4.09% -- --
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%
$4.87M
$26.64K
0.48%

DIVA Portfolio Data

Long/Short Equity
3.56%
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 -

DIVA Factset Analytics Block Liquidity

As of 10/22/19
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

825
$26.64K
164
$9.48K
0.48%
$0.12
0.06%
1.07% / -0.59%
None
100.00%
50,000
0.00
0.08%
--
0
$24.44
N/A

DIVA Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

DIVA Top 5 Holdings Long

51.31%

DIVA Top 5 Holdings Short

-47.96%

DIVA Performance Statistics

6.06%
5.69%
-3.64%
0.06
0.08
-0.34
3.34

DIVA Correlations (Daily Returns 12 Mo)

0.56
-0.24
0.33