DIVE - ETF AI Analysis

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Dana Concentrated Dividend ETF (DIVE)

Rating:71Outperform

Price Target:―

DIVE, the Dana Concentrated Dividend ETF, appears to be a solid but not top-tier fund, supported by strong core holdings like Alphabet (GOOGL) and Wells Fargo (WFC), which benefit from robust financial performance, positive earnings calls, and generally favorable technical trends. Additional contributors such as IQVIA (IQV), Restaurant Brands (QSR), and Elevance Health (ELV) add to the fund’s quality through growth initiatives and strategic investments, though often with some valuation or profitability caveats. The overall rating is held back somewhat by weaker names like Philip Morris (PM) and Annaly Capital (NLY), where high leverage, financial stability concerns, and profitability pressures introduce risk, and investors should also note the fund’s concentration in a relatively small number of holdings, which can increase volatility.

Positive Factors

Strong Recent Performance

The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.

Leading Holdings Performing Well

Several of the largest positions, including Dollar General, Interactive Brokers, and IQVIA, have delivered strong year-to-date results that support the fund’s overall performance.

Broad Sector Diversification

Holdings spread across many sectors such as consumer defensive, financials, health care, and technology help reduce the impact of weakness in any single industry.

Negative Factors

High Expense Ratio

The fund’s expense ratio of 0.65 is on the higher side for an ETF, which can eat into long-term returns.

Concentrated Top Positions

A meaningful share of assets is tied up in a small number of stocks like Philip Morris and a few others, increasing the impact if any of these companies struggle.

Heavy U.S. Focus

With the vast majority of its holdings in U.S. companies and only a small allocation abroad, the ETF offers limited geographic diversification.

DIVE vs. SPDR S&P 500 ETF (SPY)

AUM45.03M

RegionNorth America

Expense Ratio0.65%

Beta0.80

IssuerDana

Inception DateSep 15, 2025

Dividend Yield0.65%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume4,652

30 Day Avg. Volume4,038

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

30.02

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering34

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

DIVE Summary

The Dana Concentrated Dividend ETF (DIVE) is an actively managed fund that focuses on large U.S. companies that pay dividends, aiming to provide both growth and regular income. It does not track a specific index, but instead selects a smaller group of stocks across many sectors, including consumer, financial, and health care companies. Well-known holdings include Alphabet (Google’s parent company) and Wells Fargo. Someone might invest in DIVE to get diversified exposure to dividend-paying large caps in a single fund. A key risk is that a concentrated stock portfolio can go up and down more than the overall market.

How much will it cost me?The Dana Concentrated Dividend ETF (DIVE) has an expense ratio of 0.65%, meaning you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because the fund is actively managed, which involves more research and decision-making compared to passively managed ETFs that track an index.

What would affect this ETF?The Dana Concentrated Dividend ETF (DIVE) could benefit from stable or growing U.S. economic conditions, as its focus on large-cap dividend-paying stocks in sectors like Consumer Defensive and Financials may provide steady income and resilience during market fluctuations. However, rising interest rates or economic downturns could negatively impact its holdings in Financials and Real Estate, while sector-specific challenges in Technology or Consumer Cyclical industries might also pose risks. Regulatory changes affecting dividend policies or specific industries could further influence the fund's performance.

DIVE Top 10 Holdings

DIVE leans heavily on steady dividend payers, with tobacco giant Philip Morris and discount retailer Dollar General doing much of the heavy lifting as their shares have been rising and supporting the fund’s income story. Alphabet adds a dash of Big Tech growth, recently providing a strong tailwind. On the flip side, Wells Fargo and Restaurant Brands have been more mixed, occasionally dragging on results. Overall, this is a U.S.-centric portfolio tilted toward consumer defensive and financial names, aiming for reliable cash flows rather than flashy, high-volatility bets.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
PM	Philip Morris	11.33%	$5.10M	$291.89B	24.62%	61 Neutral
GOOGL	Alphabet Class A	5.43%	$2.45M	$3.70T	65.05%	85 Outperform
QSR	Restaurant Brands International	4.65%	$2.09M	$31.30B	2.51%	75 Outperform
WFC	Wells Fargo	4.56%	$2.05M	$268.99B	8.75%	80 Outperform
IQV	IQVIA Holdings	4.51%	$2.03M	$28.43B	-13.70%	73 Outperform
DG	Dollar General	4.19%	$1.89M	$33.86B	112.02%	73 Outperform
TFC	Truist Financial	4.11%	$1.85M	$66.39B	10.87%	70 Outperform
GPC	Genuine Parts Company	4.04%	$1.82M	$20.47B	17.82%	69 Neutral
ELV	Elevance Health	3.52%	$1.59M	$76.54B	-10.90%	76 Outperform
NEE	NextEra Energy	3.13%	$1.41M	$195.35B	37.82%	71 Outperform

DIVE Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

25.95

Negative

100DMA

25.27

Positive

200DMA

Market Momentum

MACD

<0.01

Positive

RSI

41.99

Neutral

STOCH

12.93

Positive

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DIVE, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 26.35, equal to the 50-day MA of 25.95, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 41.99 is Neutral, neither overbought nor oversold. The STOCH value of 12.93 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DIVE.

DIVE Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
DIVE	―	―	$45.03M	0.65%	―
BCUS	―	―	$98.52M	0.70%	―
UPSD	―	―	$95.89M	0.79%	―
LVDS	―	―	$93.76M	0.30%	―
ACEP	―	―	$87.87M	0.45%	―
EGGY	―	―	$82.79M	0.89%	―

Performance Comparison

DIVE

Dana Concentrated Dividend ETF

25.79

0.87

3.49%

BCUS

Bancreek U.S. Large Cap ETF

―

UPSD

Aptus Large Cap Upside ETF

―

LVDS

JPMorgan Fundamental Data Science Large Value ETF

―

ACEP

ARS Core Equity Portfolio ETF

―

EGGY

NestYield Dynamic Income Shield ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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