UDIV.TO
Manulife Smart U.S. Dividend ETF
US
EQUITY
Active
MANAGEMENT STYLE
$ 313.4 M
ASSETS UNDER MGMT
33 bp
EXPENSES
Fund Basics
| Inception date | Nov 25, 2020 |
| Regulation | |
| Fund Website | link... |
| Distributions | |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| NVIDIA CORP | 4.9 % |
| CISCO SYSTEMS INC | 4.6 % |
| BROADCOM INC. | 4.1 % |
| LAM RESEARCH CORP | 4.0 % |
| VERIZON COMMUNICATIONS INC | 3.1 % |
| NETAPP INC | 3.1 % |
| EXXON MOBIL CORP | 2.9 % |
| UNITED PARCEL SERVICE-CL B | 2.8 % |
| AMERICAN FINANCIAL GROUP INC | 2.7 % |
| FORD MOTOR CO | 2.6 % |
Constituent Breakdown
| Number of holdings | 129 |
| Herfindahl-Hirschman Index | 195 |
| Wgt avg mkt cap (mns) | $568,058 |
| Large cap (>$10bn) | 97.2% |
| Mid cap ($2-10bn) | 1.5% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.0% |
| Emerging mkts. | 0.2% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 94.2 % |
 |
IRELAND | 2.7 % |
 |
BRITAIN | 1.2 % |
 |
NETHERLANDS | 0.6 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 18.8% | 30.8% | 15.2% | 14.1% | 6.4% | -- | -- | 9.5% |
| Dividend Yield | 0.6% | 3.2% | 6.5% | 9.1% | 9.8% | -- | -- | 9.9% |
| Total Returns | 19.4% | 34.0% | 21.7% | 23.2% | 16.2% | -- | -- | 19.4% | Ann. Volatility | 14.2% | 12.8% | 15.7% | 15.0% | 16.0% | -- | -- | 15.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.85 | 60% |
| MSCI EAFE | 0.59 | 49% |
| MSCI Emg Mkts | 0.42 | 41% |
Liquidity Measures
| Avg. volume (000) | 3 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $15.98 |
| Relative strength (RSI) | 69 |
| MACD/Signal | 0.32/0.28 |
| Bollinger Bands (Upper/Lower) | $16.78/$15.51 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. UDIV.TO |
Expenses vs. UDIV.TO |
ALTAR Score™ vs. UDIV.TO |
|---|---|---|---|---|
| ZDY.TO | BMO US Dividend ETF | 39.9% | -3 bp | -0.9% |
| FCRR.TO | Fidelity U.S. Dividend for Rising Rates ETF | 38.5% | +2 bp | -1.1% |
| FCUD.TO | Fidelity U.S. High Dividend ETF | 35.5% | +2 bp | -0.5% |
| FLUS.TO | Franklin U.S. Large Cap Multifactor Index ETF | 35.1% | -5 bp | -1.9% |
| XUSC.TO | iShares S&P 500 3% Capped Index ETF | 35.0% | -21 bp | -2.1% |
| XSPC.TO | iShares S&P 500 3% Capped Index ETF (CAD-Hedged) | 34.8% | -21 bp | -1.9% |
| TPU.TO | TD U.S. Equity Index ETF | 34.3% | -27 bp | -2.3% |
| DGR.TO | CI U.S. Quality Dividend Growth Index ETF | 34.1% | +2 bp | -2.5% |
| UDEF.TO | Manulife Smart U.S. Defensive Equity ETF | 34.1% | 0 bp | -1.0% |
| DRMU.TO | Desjardins RI USA - Net-Zero Emissions Pathway ETF | 33.7% | -13 bp | -2.3% |
Risk and Returns: UDIV.TO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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ETF Research Center Rating
6.9%
ALTAR SCORE™
77th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. UDIV.TO's ALTAR Score™ is approximately 0.8 standard
deviations above the category average. This places UDIV.TO in the 77th percentile
among funds in the category.
Sell-Side Consensus
$17.33
PRICE TARGET
+1.6%
UPSIDE