ETF Education Report: GUINNESS ATKINSON ASIA PACIFIC DIVIDEND BUILDER ETF (ADIV)

What this ETF is trying to do

The GUINNESS ATKINSON ASIA PACIFIC DIVIDEND BUILDER ETF (ADIV) is an exchange-traded fund that focuses on the Asia Pacific region. Based on its name and holdings, it seeks to invest in companies within that area. This report uses data as of October 9, 2026.

What the numbers show

When looking at an ETF, it is important to know the difference between price return and total return. Price return only tracks how much the share price moves. Total return includes both the price movement and the cash distributions (dividends) paid out to investors.

Here is how ADIV has performed:

• Year-to-Date (YTD): The price return is approximately 7.31%, while the total return is approximately 9.96%.

• One-Year: The price return is approximately 7.84%, while the total return is approximately 11.44%.

• Three-Year: The price return is approximately 46.35%, while the total return is approximately 65.41%.

To give you an idea of price movement, the current price is $19.46. The estimated price from roughly one year ago was approximately $18.04.

Top Holdings

The following are some of the largest companies held by this ETF (note that this is a partial list):

• DBS Group Holdings Ltd (3.77%)

• Industrial and Commercial Bank of China Ltd Class H (3.51%)

• China Construction Bank Corp Class H (3.43%)

• Korean Reinsurance Co (3.34%)

• Taiwan Semiconductor Manufacturing Co Ltd ADR (3.16%)

Income and distribution explanation

Some investors look for ETFs that pay out cash regularly. This is called a distribution yield. For ADIV, the distribution yield is approximately 3.14%. This means the cash distributed relative to the ETF price is about 3.14%.

The trailing distributions were approximately $0.61 per share. These payments usually happen quarterly, and over the last 12 months, there were 4 payouts.

NAV erosion explanation

"NAV erosion" is a term used to describe when the value of the underlying assets in an ETF decreases significantly over time. It is important to remember that a falling share price is not the same thing as NAV erosion.

For this ETF, the erosion-risk score is 100, which is labeled as "No price erosion detected." There is no severe erosion-risk flag for this fund.

Pros

• Strong Total Returns: The total return figures (which include dividends) have been higher than the price-only returns over the one-year and three-year periods.

• Income Rating: The fund has an income rating grade of "A."

Cons

• Partial Data: The list of holdings provided is only a partial list, meaning there are other companies in the fund not shown here.

• Regional Focus: The fund is focused on the Asia Pacific region, which may behave differently than other markets.

Beginner takeaway

When evaluating an ETF like ADIV, remember that the price of a share and the cash it pays you (distributions) are two different things. Looking at the total return gives a more complete picture of how the investment performed because it combines both the price changes and the cash paid out. Always check if an ETF has a high distribution yield, but remember that high yields do not guarantee the share price will stay stable.