What this ETF is trying to do

The Bahl & Gaynor Small Cap Dividend ETF (SCDV) focuses on small-cap companies that pay dividends. It aims to provide investors with a mix of share-price growth and regular cash payments.

What the numbers show

As of October 9, 2026, the ETF price is $26.02. To understand how it has performed, we look at two different types of returns:

• Price Return: This measures only the change in the share price. The one-year price return is 5.22%, and the year-to-date (YTD) price return is 8.99%.

• Total Return: This reflects the overall return, including the cash distributions paid to investors. The one-year total return is 5.66%, and the YTD total return is 9.28%.

For example, if you had invested $10,000 based on the estimated price from roughly one year ago ($24.73), your investment would be worth approximately $10,521.74 today based on the price return alone.

Income and distribution explanation

This ETF usually pays distributions monthly. Over the last 12 months, it has made 12 payments. The distribution yield is 0.41%.

It is important for beginners to remember that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original money invested (the principal) will stay the same or grow.

NAV Erosion explanation

"NAV erosion" happens when the underlying value of an ETF's assets drops significantly over time. StockValueFinder uses an erosion-risk score to track this.

SCDV has an erosion score of 100, and the label states "No price erosion detected." Additionally, the severe erosion-risk flag is false, meaning the price trend did not trigger a warning.

Top Holdings

The ETF holds 38 different assets. Because the list is partial, we only see the Top Holdings. As of October 11, 2026, the largest holdings include:

• Ensign Group Inc: 8.56%

• Chemed Corp: 5.34%

• Federal Signal Corp: 4.97%

• American Healthcare REIT Inc: 4.83%

• Silicon Motion Technology Corp ADR: 4.67%

Pros

• Positive price and total returns over the last year and year-to-date.

• Consistent monthly distribution history.

• No detected price erosion according to the erosion-risk score.

Cons

• The distribution yield is relatively low at 0.41%.

• Three-year performance data was not supplied.

Beginner takeaway

SCDV is a small-cap dividend fund that has seen its share price increase recently. While it provides monthly cash payments, the yield is small. Investors often look for principal stability—meaning the share price doesn't crash—while collecting income. Based on the supplied data, this ETF has not shown signs of NAV erosion.