DIVY:NYE-Tidal ETF Trust (USD)

ETF | Multialternative |

Last Closing

USD 26.9808

Change

-0.20 (-0.74)%

Market Cap

USD 0.01B

Volume

5.82K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowing) in dividend-paying equity securities. It may invest in ETFs that principally invest in equity securities. The fund will typically hold securities of approximately 30 companies in its portfolio. It is non-diversified.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-20 )

Largest Industry Peers for Multialternative

Symbol Name Price(Change) Market Cap
QAI IQ Hedge Multi-Strategy Tracke..

-0.08 (-0.25%)

USD 0.63B
HDG ProShares Hedge Replication ET..

-0.07 (-0.15%)

USD 0.03B
LALT Invesco Multi-Strategy Alterna..

-0.04 (-0.20%)

USD 6.53M

ETFs Containing DIVY

N/A

Market Performance

  Market Performance vs. Industry/Classification (Multialternative) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 3.80% 50% F 39% F
Dividend Return 2.10% 100% F 45% F
Total Return 5.90% 75% C 36% F
Trailing 12 Months  
Capital Gain 7.37% 100% F 36% F
Dividend Return 2.33% 33% F 36% F
Total Return 9.70% 75% C 32% F
Trailing 5 Years  
Capital Gain 3.08% 33% F 46% F
Dividend Return 6.61% 67% D+ 20% F
Total Return 9.68% 33% F 37% F
Average Annual (5 Year Horizon)  
Capital Gain -0.04% 25% F 36% F
Dividend Return 0.38% 25% F 27% F
Total Return 0.42% 33% F 10% F
Risk Return Profile  
Volatility (Standard Deviation) 2.34% 75% C 97% N/A
Risk Adjusted Return 16.33% 25% F 36% F
Market Capitalization 0.01B 50% F 9% A-

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.