Key stats
About Democratic Large Cap Core ETF
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Inception date
Nov 2, 2020
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
Reflection Asset Management LLC
Distributor
SEI Investments Distribution Co.
ISIN
US00774Q3469
DEMZ tracks an index of roughly 50 stocks, selected from the S&P 500 Index, where the companies and top executives donate 75% of political contributions to Democratic Party candidates and political action committees. A companys political contributions are those listed in federal regulatory filings and crossed referenced with contribution data obtained from the Federal Election Commission. A financial model is used to create a profile for each of the companies that meet the selection criteria to determine its individual weight in the index. To minimize differences between the underlying index and the S&P 500, no position will be added to the index with a higher than 5% allocation and sector exposure cannot deviate from the S&P 500 +/- 5% at the beginning of each quarter. The index is reconstituted and rebalanced quarterly. Prior to April 14, 2021, the index was named DEMZ Political Contribution Index. Also, prior to March 5, 2021, the fund was named DEMZ Political Contributions 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
Technology Services
Electronic Technology
Producer Manufacturing
Stocks99.73%
Technology Services33.01%
Electronic Technology23.84%
Producer Manufacturing10.37%
Finance9.08%
Retail Trade6.79%
Health Technology5.76%
Commercial Services4.14%
Consumer Non-Durables2.41%
Consumer Services1.82%
Process Industries1.75%
Distribution Services0.77%
Bonds, Cash & Other0.27%
Cash0.27%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
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
DEMZ invests in stocks. The fund's major sectors are Technology Services, with 33.01% stocks, and Electronic Technology, with 23.84% of the basket. The assets are mostly located in the North America region.
DEMZ top holdings are Apple Inc. and NVIDIA Corporation, occupying 5.81% and 5.12% of the portfolio correspondingly.
DEMZ last dividends amounted to 0.19 USD. The year before, the issuer paid 0.27 USD in dividends, which shows a 38.29% decrease.
DEMZ assets under management is 48.52 M USD. It's fallen 3.17% over the last month.
DEMZ fund flows account for 3.72 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, DEMZ pays dividends to its holders with the dividend yield of 0.46%. The last dividend (Jan 7, 2025) amounted to 0.19 USD. The dividends are paid annually.
DEMZ shares are issued by Reflection Asset Management LLC under the brand RAM. The ETF was launched on Nov 2, 2020, and its management style is Passive.
DEMZ expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
DEMZ follows the Democratic Large Cap Core Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DEMZ invests in stocks.
DEMZ price has fallen by −2.39% over the last month, and its yearly performance shows a 12.68% increase. See more dynamics on DEMZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.52% over the last month, have fallen by −1.52% over the last month, showed a 3.19% increase in three-month performance and has increased by 15.59% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.52% over the last month, have fallen by −1.52% over the last month, showed a 3.19% increase in three-month performance and has increased by 15.59% in a year.
DEMZ trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.