ELCV ETF: What Is It? A Complete Guide to Returns, Expense Ratio, Holdings and Alternative ETFs
The Eventide High Dividend ETF (ELCV) is an actively managed ETF that selects large US dividend-paying stocks. A dividend yield above the Bloomberg US 3000 average, value-based management and quarterly distributions are the key selection criteria.
SubscribeWhat Is the Eventide High Dividend ETF?
This is an actively managed ETF that invests in US dividend-paying stocks. It aims to deliver a yield above the average dividend yield of the Bloomberg US 3000 Index constituents, pursuing both rising income and long-term capital appreciation.
It suits medium- to long-term investors who prefer a regular dividend stream combined with value-based active management.
The ETF is run by Eventide Asset Management using an active management approach.
How Does the Eventide High Dividend ETF Invest?
| Item | Details |
|---|---|
| Tracked Index | Actively managed (benchmark: Bloomberg US 3000) |
| Management Style | Active (discretionary selection) |
| Rebalancing Frequency | At the discretion of the management team |
| Dividend Frequency | Quarterly |
| Issuer | Eventide Asset Management |
| Total Expense Ratio | 0.49% |
The management team selects dividend-paying stocks through fundamental analysis and value-based principles. Under normal market conditions, it allocates most of its net assets to dividend stocks and aims to deliver a dividend yield above the benchmark average. Rather than mechanically tracking an index, the team adjusts the portfolio based on its own judgment.
- Value-based stock selection
- Targets a dividend yield above the benchmark average
Eventide High Dividend ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) stand at $314.2M, and the total expense ratio is 0.49% per year.
Unlike passive dividend ETFs that track an index, this fund relies on active selection by its managers, and its fees run somewhat higher than those of passive peers.
Eventide High Dividend ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeThanks to its dividend-focused portfolio, the fund tends to show milder volatility than the broader market, though performance can diverge depending on the interest rate environment and sector-level dividend policies. Returns fluctuate over time.
Demand for dividend income is the main driver behind fund flows, and inflows into high-dividend assets tend to stand out during rate-cut phases. The intensity of inflows and outflows varies with market conditions.
Eventide High Dividend ETF Pros and Cons
Its strengths are active, value-based stock selection and quarterly dividends, while its weaknesses are somewhat higher fees than passive funds and the performance dispersion that comes with active management.
💪 Key Strengths
⚠️ Points to Watch
Eventide High Dividend ETF Alternatives and Related Products
SCHD, VYM and VIG, shown in the table, are leading low-cost passive ETFs in the same dividend category and serve as direct comparisons. You may also want to consider DGRO, which focuses on dividend growth, HDV, which is weighted toward high yields, SPHD, which targets low-volatility high dividends, and NOBL, which tracks the dividend aristocrats index. What sets this fund apart from these is that it selects stocks directly through active management.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 SCHD | Schwab US Dividend Equity ETF | $35.30 | +0.1% | $118.7B | 0.06% | 2.98% | +30.6% |
 VIG | Vanguard Dividend Appreciation FTF | $244.43 | +0.5% | $113.7B | 0.04% | 1.49% | +11.9% |
 VYM | Vanguard High Dividend Yield Indx ETF | $162.41 | +0.6% | $82.1B | 0.04% | 2.26% | +14.7% |
 DFAC | U.S. Core Equity 2 Portfolio-ETF Class Shares | $45.02 | +0.6% | $49.0B | 0.18% | 0.88% | +15.2% |
 RDVY | First Trust Rising Dividend Achievers ETF | $79.07 | +0.5% | $25.2B | 0.47% | 0.86% | +16.9% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
| PLD | Prologis Inc | 0.11% | $126.31 | -0.1% | $120.0B | 27.9 | 3.39% |
| ETR | Entergy Corp | 0.10% | $107.50 | +0.1% | $51.4B | 27.5 | 2.41% |
| WMB | Williams Cos Inc | 0.08% | $71.75 | +0.1% | $87.8B | 28.6 | 2.94% |
| AMGN | AMGEN Inc | 0.08% | $444.63 | +1.2% | $240.4B | 27.6 | 2.27% |
| RPRX | Royalty Pharma plc | 0.04% | $64.76 | +1.4% | $28.8B | 34.5 | 1.58% |
| XOM | ExxonMobil Holdings Corp | 0.04% | $184.54 | +0.7% | $758.8B | 23.8 | 2.25% |
Eventide High Dividend ETF Investor Checkpoints
Here are the points to review before investing in ELCV. As an active dividend ETF, it helps to check the fee level, management performance, dividend stream and currency impact together in advance when making a decision.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| 💵 Expense Ratio | Check the level of active management fees | Somewhat high |
| 💰 Dividend Frequency | Check the quarterly dividend stream | Quarterly dividends maintained |
| 📊 Holdings | Check sector and stock diversification | Spread across several sectors |
| 💱 Exchange Rate | Impact on returns converted to Korean won | No currency hedge |
Given the nature of active management, results can differ from the benchmark, and dividend stocks can react sensitively to changes in the interest rate environment. The fee burden also adds up over a long holding period.
It is a suitable choice for investors who want active, value-based dividend stock selection. If you want to reduce costs, it is advisable to compare it with low-cost passive ETFs such as SCHD and VYM.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of June 18, 2026.
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