Key stats
About Strive U.S. Energy ETF
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Inception date
Aug 9, 2022
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
Empowered Funds LLC
Distributor
Quasar Distributors LLC
ISIN
US02072L7221
DRLL attempts to use the power of shareholder engagement and proxy voting to influence energy companies. The issuer believes there is an opportunity for energy companies to focus on solving global demand for energy and abandon political agendas, specifically ESG-imposed constraints. The fund is passively managed, providing exposure to oil and gas producers in the US equity market. From a starting universe of 1500 US-listed firms, the fund selects companies in the energy industry or sector specifically involved in oil and gas exploration, production, refinement, and marketing, including integrated oil companies. Constituents are free float-adjusted market cap-weighted with single issuers capped at 22.5%, and the aggregate weight of all issuers that individually exceed 4.5% of the portfolio capped at 45%. The index is reconstituted semi-annually and is rebalanced quarterly. Prior to April 11, 2024, the fund tracked the Solactive United States Energy Regulated Capped Index TR.
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
Energy Minerals
Stocks99.79%
Energy Minerals96.26%
Miscellaneous2.61%
Retail Trade0.79%
Commercial Services0.13%
Bonds, Cash & Other0.21%
Mutual fund0.17%
Cash0.04%
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
DRLL invests in stocks. The fund's major sectors are Energy Minerals, with 96.26% stocks, and Miscellaneous, with 2.61% of the basket. The assets are mostly located in the North America region.
DRLL top holdings are Exxon Mobil Corporation and Chevron Corporation, occupying 22.60% and 22.17% of the portfolio correspondingly.
DRLL last dividends amounted to 0.22 USD. The quarter before, the issuer paid 0.20 USD in dividends, which shows a 10.36% increase.
DRLL assets under management is 257.21 M USD. It's fallen 1.68% over the last month.
DRLL fund flows account for −53.67 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, DRLL pays dividends to its holders with the dividend yield of 2.89%. The last dividend (Jun 30, 2025) amounted to 0.22 USD. The dividends are paid quarterly.
DRLL shares are issued by Empirical Finance LLC under the brand Strive. The ETF was launched on Aug 9, 2022, and its management style is Passive.
DRLL expense ratio is 0.41% meaning you'd have to pay 0.41% of your investment to help manage the fund.
DRLL follows the Bloomberg US Energy Select TR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DRLL invests in stocks.
DRLL price has risen by 1.97% over the last month, and its yearly performance shows a 2.05% increase. See more dynamics on DRLL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.30% over the last month, showed a 2.35% increase in three-month performance and has increased by 3.26% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.30% over the last month, showed a 2.35% increase in three-month performance and has increased by 3.26% in a year.
DRLL trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.