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Franklin International Core Dividend Tilt Index ETF

DIVI
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 01 2016
Expense Ratio
0.90%
Type
Global Ex. US Equity Income
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$2,883,209
AUM
$144,240,200
Associated Index
Morningstar Developed Markets ex-North America Dividend Enhanced Select Index
Inverse/Leveraged
No
Passive/Active
Passive
Dividend
Dividend - High Yield
Prospectus

Top 10 Holdings

NESN
Nestle SA
2.14%
ASML
ASML HOLDING NV
1.78%
NOVN
Novartis AG - Ordinary Shares (Registered)
1.78%
BHP
BHP Group Limited
1.59%
MC
LVMH MOET HENNESSY LOUIS VUI
1.47%
NOVOB
NOVO NORDISK A/S-B
1.44%
AZN
ASTRAZENECA PLC
1.29%
ROG
Roche Holding AG
1.19%
ALV
ALLIANZ SE-REG
1.12%
7203
Toyota Motor Corporation
1.09%
Invest with DIVI

What is DIVI?

Franklin International Core Dividend Tilt Index ETF (DIVI) will seek to provide investment results that closely correspond, before fees and expenses, to the performance of the Morningstar Developed Markets ex-North America Dividend Enhanced Select IndexSM (the Underlying Index). The Underlying Index is a systematic, rules-based proprietary index that is maintained and calculated by Morningstar, Inc. The Underlying Index starts from the Morningstar Developed Markets ex-North America Target Market Exposure Index (Parent Index) and aims to deliver a higher dividend yield than the Parent Index, while limiting expected tracking error to the Parent Index (i.e., to provide a "dividend tilt" through the selection and weighting of securities from the Parent Index). The Parent Index is designed to cover 85% of the float-adjusted market capitalization of the developed markets equity markets excluding North America.

ETFs related toDIVI

ETFs correlated to DIVI include CLOZ, DFSI, JIRE

DIVIFranklin Templeton ETF Trust - Franklin International Core Dividend Tilt Index ETF
CLOZSeries Portfolios Trust - Panagram BBB-B CLO ETF
Expense Ratio0.50%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
DFSIDimensional ETF Trust - Dimensional International Sustainability Core 1 ETF
JIREJ.P. Morgan Exchange-Traded Fund Trust - JPMorgan International Research Enhanced Equity ETF
YDECFirst Trust Exchange-Traded Fund VIII - FT Cboe Vest International Equity Buffer ETF - December
JHIDJohn Hancock Exchange-Traded Fund Trust - John Hancock International High Dividend ETF
BKIEBNY Mellon ETF Trust - BNY Mellon International Equity ETF
DIHPDimensional ETF Trust - Dimensional International High Profitability ETF
DFAIDimensional ETF Trust - Dimensional International Core Equity Market ETF
SCHFSchwab Strategic Trust - Schwab International Equity ETF
VEAVanguard Group, Inc. - Vanguard FTSE Developed Markets ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Disclaimers

*

We show information directly obtained from our data provider, XigniteData shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our providerInformation provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.