Eventide High Dividend ETF offers a faith-based, actively managed approach to dividend growth, with a 2% yield and 0.49% expense ratio. ELCV's portfolio emphasizes AI, midstream energy, regional banks, utilities, and wounded compounders, providing diversification from traditional passive dividend ETFs. Recent outperformance versus peers is largely attributed to ELCV's 22% energy exposure, benefiting from current geopolitical events.
On Wednesday, Eventide Asset Management rolled out its second ETF that aligns its portfolio with Christian values. The firm benchmarks the actively managed Eventide US Market ETF (NYSE Arca: EUSM) to the Bloomberg U.S. 3000 Total Return Index.