Distillate U.S. Fundamental Stability & Value ETF

DSTL

Distillate U.S. Fundamental Stability & Value ETF

Our economy has undergone tectonic changes over the last several decades, and accounting rules have not kept up, rendering many traditional measures of value, quality, and risk unhelpful.

By drawing on decades of experience as fundamental investors, we have developed customized measures of value and quality that are particularly relevant to today’s long-term investors. We utilize these measures in our investment process to exploit behavioral biases and minimize risk by eliminating stocks that are either expensive, have volatile fundamentals, or are significantly indebted.

  • Rationally-defined value: utilizes Distillate Capital’s proprietary normalized cash yield methodology, which focuses on through-cycle durability of an asset’s cash generation and indebtedness.
  • Rationally-defined quality: focuses on long-term fundamental stability and leverage rather than short-term price volatility.
  • Rationally-defined risk: operates as a function of quality and value; de-emphasizes short-term price fluctuations.

 

FUND DATA & PRICING
Net Assets as of 09/28/2022 $742.37m
NAV $38.02
Shares Outstanding 19,525,000
Premium/discount Percentage 0.02%
Closing Price $38.03
Median 30-Day Bid/Ask Spread 0.05%

Data as of 09/28/2022

IOPV, or indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund's NAV every fifteen seconds throughout the trading day.

Median 30 Day Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

PERFORMANCE Quarter end returns as of 06/30/2022
  AVG. ANNUALIZED
  Quarter 1 Year 3 Year Since Inception
Fund NAV -12.66% -6.00% 13.77% 13.83%
Market Price -12.70% -5.99% 13.74% 13.82%
S&P 500 Index -16.10% -10.62% 10.60% 11.09%

Expense ratio: 0.39%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will ?uctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. The NAV of the Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange (“NYSE”), normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). Shares are bought and sold at the market price, not NAV. Market price returns are based on either or both of the last trade of the day before the close of regular trading or the midpoint of the bid/ask spread at 4:00 pm Eastern Time (when NAV is normally determined). Performance current to the most recent month-end can be obtained by calling 1-800-617-0004.

DISTRIBUTION DETAIL
EX- Date Record Date Payable Date Amount Type
12/28/2018 12/31/2018 1/2/2019 $0.10206 Div Income
12/30/2019 12/31/2019 1/2/2020 $0.29725 Div Income
12/23/2020 12/24/2020 12/28/2020 $0.30298 Div Income
3/24/2021 3/25/2021 3/26/2021 $0.10351 Div Income
6/23/2021 6/24/2021 6/25/2021 $0.09591 Div Income
9/22/2021 9/23/2021 6/24/2021 $0.11952 Div Income
12/22/2021 12/23/2021 12/27/2021 $0.14979 Div Income
3/23/2022 3/24/2022 3/25/2022 $0.12287 Div Income
6/22/2022 6/23/2022 6/24/2022 $0.13385 Div Income
9/21/2022 9/22/2022 9/23/2022 $0.09864 Div Income
TOP 10 HOLDINGS Download Full Holdings
Percentage Of Net Assets Name Identifier Shares Held Market Value
3.71% ALPHABET INC GOOGL 277,305 27,744,365.25
2.23% JOHNSON & JOHNSON JNJ 100,364 16,696,555.04
2.22% APPLE INC AAPL 110,662 16,581,594.08
2.06% ABBVIE INC ABBV 106,417 15,387,898.20
2.03% UNITEDHEALTH GROUP INC UNH 29,490 15,156,090.60
1.91% META PLATFORMS INC META 100,883 14,286,041.63
1.87% HOME DEPOT INC HD 49,454 13,955,424.26
1.58% BROADCOM INC AVGO 25,359 11,816,279.64
1.52% CISCO SYS INC CSCO 274,553 11,350,021.02
1.51% CVS HEALTH CORP CVS 115,245 11,312,449.20
Data as of 09/29/2022. Holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security.