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About Opal Dividend Income ETF
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Inception date
Jan 27, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Truemark Investments LLC
Distributor
Paralel Distributors LLC
ISIN
US2103227318
DIVZ aims to curate a portfolio that is less volatile and has higher dividend yield than the S&P 500. The fund adviser initially screens US-listed securities for sustainable dividend growth using various quantitative and qualitative indicators. Then high-quality companies are identified based on high cash flow, stable revenue streams and capital reinvestment programs. This process is expected to deliver lower volatility than the overall US equity market. Finally, the fund adviser selects securities trading at attractive valuations. The actively-managed funds methodology results in a narrow selection of 25-35 stocks. Prior to February 20, 2024, the fund traded under the name TrueShares Low Volatility Equity Income ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Consumer Non-Durables
Utilities
Industrial Services
Stocks99.45%
Finance18.85%
Consumer Non-Durables17.12%
Utilities14.07%
Industrial Services12.48%
Communications9.80%
Health Technology9.20%
Technology Services2.96%
Health Services2.88%
Non-Energy Minerals2.88%
Energy Minerals2.64%
Process Industries2.53%
Distribution Services1.96%
Consumer Durables1.37%
Transportation0.68%
Bonds, Cash & Other0.55%
Mutual fund0.57%
Cash−0.03%
Stock breakdown by region
North America91.94%
Europe8.06%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DIVZ invests in stocks. The fund's major sectors are Finance, with 18.86% stocks, and Consumer Non-Durables, with 17.13% of the basket. The assets are mostly located in the North America region.
DIVZ top holdings are Verizon Communications Inc. and Philip Morris International Inc., occupying 5.56% and 5.46% of the portfolio correspondingly.
DIVZ last dividends amounted to 0.04 USD. The month before, the issuer paid 0.09 USD in dividends, which shows a 114.96% decrease.
DIVZ assets under management is 196.61 M USD. It's risen 4.38% over the last month.
DIVZ fund flows account for 56.01 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DIVZ pays dividends to its holders with the dividend yield of 2.33%. The last dividend (Sep 26, 2025) amounted to 0.04 USD. The dividends are paid monthly.
DIVZ shares are issued by Truemark Group LLC under the brand TrueShares. The ETF was launched on Jan 27, 2021, and its management style is Active.
DIVZ expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
DIVZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DIVZ invests in stocks.
DIVZ price has fallen by −0.03% over the last month, and its yearly performance shows a 9.59% increase. See more dynamics on DIVZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.06% over the last month, have fallen by −0.06% over the last month, showed a 4.78% increase in three-month performance and has increased by 12.96% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.06% over the last month, have fallen by −0.06% over the last month, showed a 4.78% increase in three-month performance and has increased by 12.96% in a year.
DIVZ trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.