ELCV - ETF AI Analysis
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Eventide High Dividend ETF (ELCV)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The fund has delivered strong gains so far this year, suggesting its strategy has recently worked well for investors.
Solid Top Holdings Performance
Many of the largest positions, including several energy, health care, and technology names, have shown strong or steady performance, helping support the ETF’s returns.
Diversified Sector Mix
Holdings spread across energy, technology, utilities, industrials, health care, financials, real estate, and consumer cyclical stocks help reduce the impact of weakness in any single sector.
Negative Factors
High U.S. Concentration
Almost all assets are invested in U.S. companies, which limits diversification across different global markets.
Sector Tilts Toward Energy and Technology
Large weights in energy and technology mean the fund could be more sensitive to swings in those specific sectors.
Moderate Expense Ratio
The fund’s fee is not especially low for an ETF, which slightly reduces the net return investors keep over time.
ELCV vs. SPDR S&P 500 ETF (SPY)
AUM251.47M
RegionNorth America
Expense Ratio0.49%
Beta0.57
IssuerEventide
Inception DateSep 30, 2024
Dividend Yield2.15%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume53,264
30 Day Avg. Volume50,098
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
36.55Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering46
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ELCV Summary
Eventide High Dividend ETF (ELCV) is a U.S.-focused fund that aims to deliver steady income by investing in companies that pay high dividends, rather than tracking a specific index. It spreads money across several sectors like energy, technology, utilities, and health care to keep the portfolio diversified. Well-known holdings include Exxon Mobil and Amgen, along with real estate and bank stocks that can help balance income and growth. This ETF may appeal to investors looking for regular dividend payments, but its value and payouts can still go up and down with the stock market.
How much will it cost me?The Eventide High Dividend ETF (ELCV) has an expense ratio of 0.49%, meaning you’ll pay $4.90 per year for every $1,000 invested. This is slightly higher than average because it is actively managed, focusing on selecting high-dividend stocks to maximize income and growth potential.
What would affect this ETF?The Eventide High Dividend ETF (ELCV) could benefit from stable or rising interest in dividend-paying stocks, particularly in sectors like Utilities and Energy, which are traditionally resilient during economic uncertainty. However, it may face challenges if interest rates rise significantly, as higher rates can make dividend-focused investments less attractive compared to fixed-income alternatives. Additionally, sector-specific risks, such as regulatory changes in Energy or Financials, could impact performance.
ELCV Top 10 Holdings
ELCV is leaning heavily on a mix of energy, utilities, and financials, with a clear U.S. tilt. Exxon Mobil and pipeline giant Williams are key energy engines, with Exxon rising while Williams has been more mixed, occasionally tugging on returns. In health care, Amgen and Royalty Pharma have been steady climbers, quietly boosting performance. On the financial side, Fifth Third is helping, while Huntington Bancshares has been more of a flat tire. Real estate name Prologis adds stability, giving the fund a diversified, income-focused backbone rather than a single-sector bet.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Prologis | 5.48% | $13.71M | $139.18B | 37.84% | 76 Outperform | |
| Entergy | 4.55% | $11.38M | $49.47B | 20.02% | 66 Neutral | |
| Williams Co | 4.21% | $10.53M | $86.72B | 18.70% | 76 Outperform | |
| Amgen | 4.20% | $10.50M | $209.21B | 29.74% | 77 Outperform | |
| Royalty Pharma | 3.76% | $9.40M | $33.99B | 57.45% | 79 Outperform | |
| Exxon Mobil | 3.61% | $9.04M | $650.56B | 41.77% | 74 Outperform | |
| Fifth Third Bancorp | 3.38% | $8.45M | $51.29B | 38.11% | 71 Outperform | |
| Dell Technologies | 3.25% | $8.13M | $262.43B | 218.39% | 65 Neutral | |
| Enbridge | 3.20% | $8.01M | $121.00B | 17.88% | ― | |
| Huntington Bancshares | 3.13% | $7.84M | $34.51B | 6.23% | 80 Outperform |
ELCV Technical Analysis
Negative
―
Price Trends
31.83
Negative
30.70
Positive
28.90
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ELCV, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 31.84, equal to the 50-day MA of 31.83, and equal to the 200-day MA of 28.90, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ELCV.
ELCV Peer Comparison
Comparison Results
Performance Comparison
ELCV
Eventide High Dividend ETF
31.28
5.86
23.05%
FDV
Federated Hermes U.S. Strategic Dividend ETF
―
―
―
TBG
TBG Dividend Focus ETF
―
―
―
HIDV
AB US High Dividend ETF
―
―
―
FDIV
MarketDesk Focused U.S. Dividend ETF
―
―
―
PAYR
Federated Hermes Enhanced Income 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.
DisclaimerThis 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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