FDIV: MARKETDESK FOCUSED U.S. DIVIDEND ETF
What this ETF is trying to do
The MarketDesk Focused U.S. Dividend ETF (FDIV) is designed to provide investors with exposure to U.S. companies that pay dividends. It holds a diversified group of 82 different holdings. Based on its top holdings, the fund invests in a variety of sectors, including healthcare (such as Merck & Co Inc and AbbVie Inc), consumer goods (such as PepsiCo Inc and Procter & Gamble Co), and technology (such as Qualcomm Inc).
What the numbers show
As of October 9, 2026, the share price of FDIV was $26.43.
Performance is measured in two ways: price return (the change in the share price) and total return (which includes the share price change plus distributions).
• Year-to-Date (YTD): The price return is -2.41%, while the total return is -0.70%.
• One Year: The price return is -0.96%, but the total return is 1.54%.
• Three Year: The price return is -37.92%, and the total return is -31.46%.
• Five Year: The total return is -36.74%.
An estimated price from roughly one year ago was $26.69.
Income and distribution explanation
FDIV usually pays distributions quarterly. Over the last 12 months, it has made 4 payments totaling $0.67 per share. This results in a distribution yield of approximately 2.54%.
It is important for beginners to remember that a distribution yield is not the same as a total return. While the yield shows the cash paid out relative to the price, it does not guarantee that the investor's original investment (the principal) is growing or staying the same.
NAV erosion explanation
"NAV erosion" happens when the net asset value of a fund declines over time. The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, the fund has an erosion-risk score of 94, which is labeled as "Stable / sideways" with "good" severity. The severe erosion-risk flag is false, meaning the fund's price trend did not trigger a severe warning.
Pros
• Diversification: The fund spreads its investments across 82 holdings.
• Regular Income: It provides quarterly cash distributions to shareholders.
• Stability Score: It has a "good" erosion-severity rating.
Cons
• Long-term Price Decline: The three-year price return is significantly negative (-37.92%).
• Negative Total Returns: Both the three-year and five-year total returns are negative.
Beginner takeaway
FDIV is a dividend-focused fund that provides regular cash payments. While the one-year total return is slightly positive, the long-term three-year and five-year returns show a significant decline in value. This highlights why investors look at total return rather than just the distribution yield.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | SKYWORKS SOLUTIONS INC | SWKS | 2.10% |
| 2 | BRISTOL-MYERS SQUIBB CO | BMY | 2.08% |
| 3 | MERCK & CO INC | MRK | 2.07% |
| 4 | ABBVIE INC | ABBV | 2.05% |
| 5 | PEPSICO INC | PEP | 2.03% |
| 6 | AVERY DENNISON CORP | AVY | 2.01% |
| 7 | KIMBERLY-CLARK CORP | KMB | 2.01% |
| 8 | QUALCOMM INC | QCOM | 2.00% |
| 9 | ILLINOIS TOOL WORKS INC | ITW | 1.99% |
| 10 | PROCTER & GAMBLE CO | PG | 1.99% |