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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 04/24/24

Inception Date 07/13/18
Total Expense Ratio 0.20%
Net Assets $24.34 million
NAV $33.35
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 04/24/24

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 0.31%

Distributions As of 04/24/24

30-Day SEC Yield 2.80%
12-Month Trailing Yield 3.19%
Distribution Yield 3.10%
Distribution Frequency Monthly

ETF Prices As of 04/24/24

NAV $33.35 Daily Change $0.10 0.30%
Market Price $33.38 Daily Change $0.11 0.33%

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 04/24/24

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
1.99 VLO VALERO ENERGY CORP 2041364 167.00 2,902 484,634.00
1.85 HIG HARTFORD FINL SV 2476193 99.86 4,518 451,167.48
1.85 RL RALPH LAUREN CORP B4V9661 168.21 2,679 450,634.59
1.80 QCOM QUALCOMM INC 2714923 163.63 2,680 438,528.40
1.80 EBAY EBAY INC 2293819 51.18 8,550 437,589.00
1.78 EMR EMERSON ELECTRIC CO 2313405 109.62 3,954 433,437.48
1.78 MRK MERCK & CO. INC. 2778844 127.00 3,404 432,308.00
1.76 XOM EXXON MOBIL CORP 2326618 121.05 3,544 429,001.20
1.73 TPR TAPESTRY INC BF09HX3 40.03 10,541 421,956.23
1.71 VTRS VIATRIS INC BMWS3X9 11.55 35,986 415,638.30
1.70 OMC OMNICOM GROUP 2279303 95.98 4,322 414,825.56
1.70 CINF CINCINNATI FINANCIAL CORP 2196888 119.92 3,446 413,244.32
1.69 JCI JOHNSON CONTROLS BY7QL61 64.61 6,384 412,470.24
1.68 KMB KIMBERLY-CLARK CORP 2491839 137.78 2,960 407,828.80
1.67 CTRA COTERRA ENERGY INC 2162340 28.46 14,299 406,949.54
1.67 HRL HORMEL FOODS CORP 2437264 35.60 11,415 406,374.00
1.66 TROW T ROWE PRICE GROUP INC 2702337 111.06 3,642 404,480.52
1.66 CVX CHEVRON CORP 2838555 163.57 2,470 404,017.90
1.66 GRMN GARMIN LTD B3Z5T14 142.79 2,829 403,952.91
1.65 EOG EOG RESOURCES INC 2318024 135.60 2,965 402,054.00
1.65 EMN EASTMAN CHEMICAL CO 2298386 96.36 4,172 402,013.92
1.65 NTAP NETAPP INC 2630643 100.06 4,008 401,040.48
1.65 ABBV ABBVIE INC B92SR70 167.80 2,388 400,706.40
1.65 BAX BAXTER INTERNATIONAL INC 2085102 40.93 9,790 400,704.70
1.63 PG PROCTER & GAMBLE CO/THE 2704407 162.60 2,447 397,882.20
1.63 IFF INTL FLAVORS & FRAGRANCES 2464165 85.14 4,671 397,688.94
1.61 GIS GENERAL MILLS INC 2367026 71.61 5,473 391,921.53
1.61 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 100.78 3,878 390,824.84
1.61 PFG PRINCIPAL FINANCIAL GROUP 2803014 82.16 4,756 390,752.96
1.59 K KELLANOVA 2486813 58.75 6,594 387,397.50
1.57 ADP AUTOMATIC DATA PROCESSING 2065308 246.61 1,547 381,505.67
1.56 PEP PEPSICO INC 2681511 177.41 2,142 380,012.22
1.54 CPB CAMPBELL SOUP CO 2162845 45.54 8,243 375,386.22
1.54 SYY SYSCO CORP 2868165 77.29 4,850 374,856.50
1.54 KHC KRAFT HEINZ CO/THE BYRY499 38.57 9,716 374,746.12
1.54 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 207.71 1,800 373,878.00
1.52 KO COCA-COLA CO/THE 2206657 61.55 6,028 371,023.40
1.51 HPE HEWLETT PACKA BYVYWS0 16.93 21,697 367,330.21
1.49 ITW ILLINOIS TOOL WORKS 2457552 251.76 1,438 362,030.88
1.48 TAP MOLSON COORS-B B067BM3 63.70 5,671 361,242.70
1.48 ED CONSOLIDATED EDISON INC 2216850 93.43 3,862 360,826.66
1.48 AFL AFLAC INC 2026361 84.28 4,278 360,549.84
1.48 LMT LOCKHEED MARTIN CORP 2522096 459.14 785 360,424.90
1.48 BLK BLACKROCK INC 2494504 762.80 472 360,041.60
1.47 HSY HERSHEY CO/THE 2422806 188.14 1,907 358,782.98
1.47 UNP UNION PACIFIC CORP 2914734 231.98 1,542 357,713.16
1.47 BG BUNGE GLOBAL SA BQ6BPG9 105.79 3,376 357,147.04
1.46 IPG INTERPUBLIC GRP 2466321 31.40 11,311 355,165.40
1.46 BBY BEST BUY CO INC 2094670 74.43 4,767 354,807.81
1.45 CSCO CISCO SYSTEMS INC 2198163 48.35 7,318 353,825.30
1.45 SNA SNAP-ON INC 2818740 273.59 1,291 353,204.69
1.44 PAYX PAYCHEX INC 2674458 122.52 2,854 349,672.08
1.41 CMCSA COMCAST CORP-CLASS A 2044545 40.21 8,525 342,790.25
1.41 BMY BRISTOL-MYERS SQUIBB CO 2126335 48.86 7,012 342,606.32
1.40 JNJ JOHNSON & JOHNSON 2475833 148.53 2,301 341,767.53
1.38 LKQ LKQ CORP 2971029 43.28 7,787 337,021.36
1.38 PSA PUBLIC STORAGE 2852533 262.17 1,284 336,626.28
1.35 KVUE KENVUE INC BQ84ZQ6 19.13 17,142 327,926.46
1.34 APA APA CORP BNNF1C1 32.05 10,197 326,813.85
1.32 CVS CVS HEALTH CORP 2577609 67.77 4,750 321,907.50
1.27 RHI ROBERT HALF INC 2110703 71.50 4,318 308,737.00
1.24 GILD GILEAD SCIENCES INC 2369174 67.08 4,487 300,987.96
1.22 CHRW CH ROBINSON 2116228 70.94 4,173 296,032.62
1.21 ADM ARCHER-DANIELS-MIDLAND CO 2047317 61.56 4,787 294,687.72
0.11 OTHER PAYABLE & RECEIVABLES 1.00 27,391 27,391.25
0.01 CASH 1.00 1,394 1,393.85
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 04/24/24

Return on Equity 18.80%
Weighted Avg. Market Cap 87,870 M
2023 2024
Price-to-earnings 13.62 13.45
Price-to-book value 2.67 2.40

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.