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QDIV

S&P 500 Quality Dividend ETF

 

Reasons to Consider QDIV

Focus on Quality

QDIV invests in companies that score in the top 200 of the S&P 500 based on a variety of quality metrics including return-on-equity, accruals, and financial leverage.

High Income Potential

To qualify for QDIV, a company must score in the top 200 of the S&P 500 in dividend yield.

Monthly Distributions

QDIV has made monthly distributions 5 years running.

Key Information As of 04/26/24

Inception Date 07/13/18
Total Expense Ratio 0.20%
Net Assets $24.15 million
NAV $33.09
Fact Sheet View the document

ETF Summary

The Global X S&P 500 Quality Dividend ETF (QDIV) invests in U.S. equity securities included in the S&P 500 Index that rank within the top 200 of the index’s universe by both quality score and dividend yield.

ETF Objective

The Global X S&P 500 Quality Dividend ETF (QDIV) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Quality High Dividend Index.

Trading Details As of 04/25/24

Ticker QDIV
Bloomberg Index Ticker SPXQHDUT
CUSIP 37954Y616
ISIN US37954Y6169
Primary Exchange NYSE Arca
Shares Outstanding 730,002
Number of Holdings 64
30-Day Median Bid-Ask Spread 0.30%

Distributions As of 04/26/24

30-Day SEC Yield 2.80%
12-Month Trailing Yield 3.22%
Distribution Yield 3.13%
Distribution Frequency Monthly

ETF Prices As of 04/26/24

NAV $33.09 Daily Change -$0.08 -0.24%
Market Price $33.12 Daily Change -$0.07 -0.21%

Performance History

As of recent month & quarter-end (03/31/24)
As of recent month & quarter-end (03/31/24)
Fund NAV Market Price Index
1 Year 12.40% 12.53% 12.70%
3 Years 8.71% 8.61% 8.98%
5 Years 9.94% 9.94% 10.26%
Since Inception 9.15% 9.17% 9.47%
1 Year 12.40% 12.53% 12.70%
3 Years 8.71% 8.61% 8.98%
5 Years 9.94% 9.94% 10.26%
Since Inception 9.15% 9.17% 9.47%
Year-to-Date 8.11% 8.03% 8.18%
1 Month 5.95% 6.29% 5.98%
3 Months 8.11% 8.03% 8.18%
Since Inception 65.00% 65.18% 67.81%
Year-to-Date 8.11% 8.03% 8.18%
1 Month 5.95% 6.29% 5.98%
3 Months 8.11% 8.03% 8.18%
Since Inception 65.00% 65.18% 67.81%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 04/26/24

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
1.99 VLO VALERO ENERGY CORP 2041364 165.80 2,902 481,151.60
1.85 MRK MERCK & CO. INC. 2778844 131.20 3,404 446,604.80
1.85 RL RALPH LAUREN CORP B4V9661 166.48 2,679 445,999.92
1.84 EBAY EBAY INC 2293819 52.02 8,550 444,771.00
1.84 QCOM QUALCOMM INC 2714923 165.66 2,680 443,968.80
1.80 EMR EMERSON ELECTRIC CO 2313405 109.89 3,954 434,505.06
1.78 HIG HARTFORD FINL SV 2476193 95.30 4,518 430,565.40
1.75 TPR TAPESTRY INC BF09HX3 40.05 10,541 422,167.05
1.73 XOM EXXON MOBIL CORP 2326618 117.96 3,544 418,050.24
1.72 VTRS VIATRIS INC BMWS3X9 11.57 35,986 416,358.02
1.72 JCI JOHNSON CONTROLS BY7QL61 65.11 6,384 415,662.24
1.72 TROW T ROWE PRICE GROUP INC 2702337 114.02 3,642 415,260.84
1.72 OMC OMNICOM GROUP 2279303 95.89 4,322 414,436.58
1.70 CVX CHEVRON CORP 2838555 165.89 2,470 409,748.30
1.68 NTAP NETAPP INC 2630643 101.33 4,008 406,130.64
1.68 GRMN GARMIN LTD B3Z5T14 143.45 2,829 405,820.05
1.68 CTRA COTERRA ENERGY INC 2162340 28.29 14,299 404,518.71
1.67 HRL HORMEL FOODS CORP 2437264 35.32 11,415 403,177.80
1.67 EOG EOG RESOURCES INC 2318024 135.70 2,965 402,350.50
1.66 KMB KIMBERLY-CLARK CORP 2491839 135.24 2,960 400,310.40
1.65 EMN EASTMAN CHEMICAL CO 2298386 95.56 4,172 398,676.32
1.64 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 102.13 3,878 396,060.14
1.64 IFF INTL FLAVORS & FRAGRANCES 2464165 84.61 4,671 395,213.31
1.63 PG PROCTER & GAMBLE CO/THE 2704407 161.29 2,447 394,676.63
1.63 BAX BAXTER INTERNATIONAL INC 2085102 40.13 9,790 392,872.70
1.61 GIS GENERAL MILLS INC 2367026 70.83 5,473 387,652.59
1.60 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 214.54 1,800 386,172.00
1.58 CINF CINCINNATI FINANCIAL CORP 2196888 110.88 3,446 382,092.48
1.58 ABBV ABBVIE INC B92SR70 159.62 2,388 381,172.56
1.58 K KELLANOVA 2486813 57.73 6,594 380,671.62
1.56 PFG PRINCIPAL FINANCIAL GROUP 2803014 79.12 4,756 376,294.72
1.56 PEP PEPSICO INC 2681511 175.58 2,142 376,092.36
1.56 ADP AUTOMATIC DATA PROCESSING 2065308 243.07 1,547 376,029.29
1.55 UNP UNION PACIFIC CORP 2914734 242.79 1,542 374,382.18
1.55 SYY SYSCO CORP 2868165 77.07 4,850 373,789.50
1.54 HPE HEWLETT PACKA BYVYWS0 17.17 21,697 372,537.49
1.54 KO COCA-COLA CO/THE 2206657 61.74 6,028 372,168.72
1.54 KHC KRAFT HEINZ CO/THE BYRY499 38.16 9,716 370,762.56
1.53 CPB CAMPBELL SOUP CO 2162845 44.85 8,243 369,698.55
1.50 LMT LOCKHEED MARTIN CORP 2522096 461.29 785 362,112.65
1.49 BLK BLACKROCK INC 2494504 762.88 472 360,079.36
1.49 ED CONSOLIDATED EDISON INC 2216850 92.93 3,862 358,895.66
1.48 BBY BEST BUY CO INC 2094670 75.05 4,767 357,763.35
1.48 AFL AFLAC INC 2026361 83.61 4,278 357,683.58
1.48 ITW ILLINOIS TOOL WORKS 2457552 248.28 1,438 357,026.64
1.47 IPG INTERPUBLIC GRP 2466321 31.47 11,311 355,957.17
1.47 HSY HERSHEY CO/THE 2422806 186.16 1,907 355,007.12
1.47 TAP MOLSON COORS-B B067BM3 62.54 5,671 354,664.34
1.45 CSCO CISCO SYSTEMS INC 2198163 47.86 7,318 350,239.48
1.45 SNA SNAP-ON INC 2818740 270.70 1,291 349,473.70
1.44 BG BUNGE GLOBAL SA BQ6BPG9 102.73 3,376 346,816.48
1.42 PAYX PAYCHEX INC 2674458 119.97 2,854 342,394.38
1.41 LKQ LKQ CORP 2971029 43.64 7,787 339,824.68
1.39 JNJ JOHNSON & JOHNSON 2475833 146.14 2,301 336,268.14
1.37 APA APA CORP BNNF1C1 32.49 10,197 331,300.53
1.37 PSA PUBLIC STORAGE 2852533 257.73 1,284 330,925.32
1.36 CMCSA COMCAST CORP-CLASS A 2044545 38.57 8,525 328,809.25
1.34 KVUE KENVUE INC BQ84ZQ6 18.86 17,142 323,298.12
1.32 CVS CVS HEALTH CORP 2577609 67.18 4,750 319,105.00
1.30 BMY BRISTOL-MYERS SQUIBB CO 2126335 44.85 7,012 314,488.20
1.24 RHI ROBERT HALF INC 2110703 69.35 4,318 299,453.30
1.22 GILD GILEAD SCIENCES INC 2369174 65.42 4,487 293,539.54
1.21 CHRW CH ROBINSON 2116228 70.22 4,173 293,028.06
1.19 ADM ARCHER-DANIELS-MIDLAND CO 2047317 60.10 4,787 287,698.70
0.10 OTHER PAYABLE & RECEIVABLES 1.00 24,701 24,700.91
0.02 CASH 1.00 3,819 3,818.85
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 03/31/24

Sector Weight (%)
Consumer Staples 22.3
Industrials 13.4
Health Care 12.5
Consumer Discretionary 10.4
Energy 9.9
Financials 9.9
Information Technology 9.4
Materials 4.9
Communication Services 4.5
Real Estate 1.5
Utilities 1.4

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 04/25/24

Return on Equity 18.80%
Weighted Avg. Market Cap 87,870 M
2023 2024
Price-to-earnings 13.54 13.37
Price-to-book value 2.66 2.38

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 03/31/24

Versus Beta
S&P 500 0.76
NASDAQ-100 0.44
MSCI EAFE 0.82
MSCI Emg. Mkts 0.60
Standard Deviation 16.20%

Source: new windowAltaVista Research, LLC

ETF Research

Quarterly Income Commentary: Portfolio Allocations in the “Higher for Longer” Rate Landscape

Read the Full ArticleRead More

QDIV: A Quality Dividend Strategy for a Late Cycle Environment

Read the Full ArticleRead More

ETF Documents

Investing involves risk, including the possible loss of principal. There is no guarantee dividends will be paid. Companies may reduce or eliminate dividends at any time.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Standard & Poors, nor does Standard & Poors make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Standard & Poors.