ELCV - ETF AI Analysis
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Eventide High Dividend ETF (ELCV)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains over the past year-to-date, three-month, and one-month periods, indicating positive recent momentum.
Leading Holdings Performing Well
Several of the largest positions, including major energy, industrial, and healthcare names, have delivered strong year-to-date results that support the fund’s overall returns.
Income-Focused Sector Mix
Heavy exposure to traditionally higher-dividend areas like energy, utilities, and real estate aligns with the fund’s high-dividend objective and can help support income-focused investors.
Negative Factors
Higher-Than-Average Fees
The expense ratio is on the higher side for an ETF, which means more of the fund’s returns are used to cover costs instead of going to investors.
Concentration in a Few Sectors
Large weights in energy and utilities increase the fund’s sensitivity to downturns or regulatory changes in these specific industries.
Limited Geographic Diversification
With almost all assets invested in U.S. companies, the fund offers little exposure to international markets, which can reduce diversification benefits.
ELCV vs. SPDR S&P 500 ETF (SPY)
AUM220.73M
RegionNorth America
Expense Ratio0.49%
Beta0.61
IssuerEventide
Inception DateSep 30, 2024
Dividend Yield1.83%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume110,839
30 Day Avg. Volume49,780
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
34.23Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering47
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ELCV Summary
The Eventide High Dividend ETF (ELCV) is an exchange-traded fund that focuses on U.S. companies paying relatively high dividends, aiming to provide investors with a steady income stream. It does not track a specific index, but instead selects a mix of stocks across many sectors, including energy, utilities, technology, and health care. Well-known holdings include Exxon Mobil, Home Depot, Amgen, and Caterpillar. Someone might invest in ELCV to seek regular dividend income along with potential long-term growth. A key risk is that stock prices and dividend payments can go up and down with the overall market and specific sectors like energy and utilities.
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 leans heavily on U.S. dividend payers in energy, utilities, and real assets, and its recent story is more about steady income with a few standout engines. Caterpillar has been powering ahead, with Royalty Pharma and Entergy also rising and giving the fund some extra lift. Prologis has been quietly supportive, adding a stable real estate backbone. On the flip side, Exxon Mobil and Williams have seen more mixed momentum, while Home Depot looks like it’s catching its breath. Overall, the fund is concentrated in North American, cash-generating workhorses rather than high-flying growth names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Prologis | 5.36% | $10.99M | $135.56B | 35.52% | 76 Outperform | |
| Entergy | 4.87% | $10.00M | $52.02B | 33.32% | 66 Neutral | |
| Williams Co | 3.92% | $8.05M | $88.27B | 20.03% | 76 Outperform | |
| Amgen | 3.75% | $7.70M | $185.95B | 20.17% | 77 Outperform | |
| Exxon Mobil | 3.48% | $7.14M | $618.95B | 36.42% | 74 Outperform | |
| GE Vernova Inc. | 3.31% | $6.80M | $308.81B | 202.72% | 69 Neutral | |
| Home Depot | 3.30% | $6.78M | $334.56B | -6.90% | 66 Neutral | |
| Royalty Pharma | 3.23% | $6.62M | $28.49B | 52.58% | 79 Outperform | |
| Huntington Bancshares | 3.09% | $6.35M | $33.41B | 13.37% | 80 Outperform | |
| Enbridge | 3.09% | $6.34M | $116.58B | 12.46% | ― |
ELCV Technical Analysis
Positive
―
Price Trends
29.48
Positive
28.52
Positive
27.32
Positive
Market Momentum
0.42
Negative
67.40
Neutral
83.69
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ELCV, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 30.11, equal to the 50-day MA of 29.48, and equal to the 200-day MA of 27.32, indicating a bullish trend. The MACD of 0.42 indicates Negative momentum. The RSI at 67.40 is Neutral, neither overbought nor oversold. The STOCH value of 83.69 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ELCV.
ELCV Peer Comparison
Comparison Results
Performance Comparison
ELCV
Eventide High Dividend ETF
30.86
7.12
29.99%
FDV
Federated Hermes U.S. Strategic Dividend ETF
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―
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TBG
TBG Dividend Focus ETF
―
―
―
HIDV
AB US High Dividend ETF
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―
―
FDIV
MarketDesk Focused U.S. Dividend ETF
―
―
―
PAYR
Federated Hermes Enhanced Income ETF
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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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