STXD: STRIVE 1000 DIVIDEND GROWTH ETF
Understanding the STRIVE 1000 DIVIDEND GROWTH ETF (STXD)
The STRIVE 1000 DIVIDEND GROWTH ETF (ticker: STXD) is an exchange-traded fund designed to focus on dividend growth. This ETF provides investors with exposure to a variety of companies through its portfolio.
What this ETF is trying to do
This ETF aims to invest in companies that show growth in their dividends. It holds a total of 181 different holdings. Because the list provided is partial, we can only see the largest companies in the fund.
Top Holdings:
• Microsoft Corp (6.77%)
• JPMorgan Chase & Co (5.27%)
• Eli Lilly and Co (5.14%)
• Broadcom Inc (4.63%)
• Visa Inc Class A (4.15%)
• Mastercard Inc Class A (2.98%)
• Costco Wholesale Corp (2.76%)
• Lam Research Corp (2.49%)
• Applied Materials Inc (2.40%)
• The Home Depot Inc (2.16%)
Please note that holdings can change over time.
What the numbers show
When looking at how this ETF has performed, it is important to distinguish between price return (the change in the share price) and total return (which includes the value of distributions).
• Year-to-Date (YTD): The price return is approximately 6.40%, while the total return is approximately 7.30%.
• One-Year: The price return was approximately 7.24%, and the total return was approximately 8.48%.
• Three-Year: The price return was approximately 48.63%, and the total return was approximately 54.33%.
An estimated price from roughly one year ago was $36.77. The current price is $39.43.
Income and distribution explanation
This ETF provides cash to investors through distributions. The current distribution yield is approximately 1.09%. This means the cash paid out is about 1.09% of the current share price. The trailing distributions over the last year were $0.43 per share.
The fund usually pays these distributions on a quarterly basis, with 4 payouts recorded in the last 12 months.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). 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, regarding price-based evidence, the fund has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag.
Pros
• Positive Returns: The ETF has shown positive price returns and total returns over the one-year and three-year periods.
• Low Price Erosion Risk: Based on the supplied erosion score, there are no signs of significant price deterioration.
Cons
• Lower Yield: The distribution yield is relatively low at approximately 1.09%.
Beginner takeaway
The STXD ETF has shown growth in both its share price and its total return over the last three years. While it provides quarterly distributions, the yield is modest. Investors should remember that price returns and total returns are different; total return includes the extra value gained from distributions.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 6.77% |
| 2 | JPMORGAN CHASE & CO | JPM | 5.27% |
| 3 | ELI LILLY AND CO | LLY | 5.14% |
| 4 | BROADCOM INC | AVGO | 4.63% |
| 5 | VISA INC CLASS A | V | 4.15% |
| 6 | MASTERCARD INC CLASS A | MA | 2.98% |
| 7 | COSTCO WHOLESALE CORP | COST | 2.76% |
| 8 | LAM RESEARCH CORP | LRCX | 2.49% |
| 9 | APPLIED MATERIALS INC | AMAT | 2.40% |
| 10 | THE HOME DEPOT INC | HD | 2.16% |