ETF Education Report: Ocean Park International ETF (DUKX)

What this ETF is trying to do

The Ocean Park International ETF (ticker: DUKX) is an exchange-traded fund listed on the NASDAQ. Based on its top holdings, this ETF focuses on international stocks. It holds various funds that cover different parts of the world, including emerging markets and specific countries like Taiwan, South Korea, Japan, Brazil, Australia, and Mexico.

What the numbers show

When looking at how an ETF performs, it is important to look at two different types of returns: price return and total return.

• Price Return: This measures only the change in the share price. For DUKX, the year-to-date (YTD) price return is approximately 11.19%. The one-year price return is approximately 11.40%.

• Total Return: This includes the price change plus any cash distributions paid out to investors. The YTD total return is approximately 11.60%, and the one-year total return is approximately 13.61%.

To give you an idea of price movement, the estimated price from roughly one year ago was $25.92. The current price is $28.87.

Income and distribution explanation

Some investors look for "income," which is cash paid out by the ETF. The distribution yield for DUKX is approximately 1.81%. This means the cash distributions are about 1.81% of the current share price. The trailing distributions were approximately $0.52 per share.

It is important to note that the frequency of these payments is "irregular," meaning they do not happen on a strict, regular schedule. In the last 12 months, there were two payouts.

NAV erosion explanation

"NAV erosion" refers to a situation where the value of the underlying assets in the ETF decreases significantly. StockValueFinder uses an "erosion-risk score" to help measure this risk. For DUKX, the erosion score is 100, and the label states "No price erosion detected." There is no severe erosion-risk flag for this ETF.

Pros

• The ETF has shown positive price returns both year-to-date and over the last year.

• The total return is higher than the price return, meaning distributions added value to the overall performance.

• The erosion-risk measurement is rated as "good."

Cons

• The distribution frequency is irregular, so investors cannot rely on a steady monthly or quarterly schedule.

• The income rating grade is a "C."

Beginner takeaway

When studying DUKX, remember that price returns and total returns are different. The price return tells you how the share price moved, while the total return shows the full picture by including cash distributions. Also, keep in mind that a distribution yield tells you how much cash was paid out, but it does not guarantee that the share price will stay the same.

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Top Holdings (as of 2026-10-07):

• VANGUARD TOTAL INTERNATIONAL STOCK ETF (39.79%)

• STATE STREET® SPDR® PORTFOLIO EM ETF (24.86%)

• ISHARES MSCI EMERG MKTS MIN VOL FCTR ETF (5.00%)

• ISHARES INTERNATIONAL DIVIDEND GR ETF (4.90%)

• SCHWAB INTERNATIONAL SMALL-CAP EQ ETF (4.86%)

• JPMORGAN BETABUILDERS DEV APAC EX-JPN ETF (4.84%)

• FRANKLIN FTSE TAIWAN ETF (2.75%)

• FRANKLIN FTSE SOUTH KOREA ETF (2.70%)

• FRANKLIN FTSE JAPAN ETF (2.56%)

• ISHARES MSCI BRAZIL ETF (2.49%)