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 01/27/2020 | $67.55m |
| NAV | $30.71 |
| Shares Outstanding | 2,200,000 |
| Premium/discount Percentage | 0.11% |
| Closing Price | $30.74 |
Data as of 01/27/2020
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.
| PERFORMANCE | Quarter end returns as of 12/31/2019 | |||
|---|---|---|---|---|
| AVG. ANNUALIZED | ||||
| Quarter | 1 Year | 3 Year | Since Inception | |
| Fund NAV | 11.29% | 34.91% | xx.xx% | 24.57% |
| Market Price | 11.27% | 35.48% | xx.xx% | 24.53% |
| S&P 500 Index | 9.07% | 31.49% | xx.xx% | 20.78% |
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 fluctuate 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. Performance current to the most recent month-end can be obtained by calling 1-800-617-0004.
Short term performance, in particular, is not a good indication Of the fund's future performance, and an investment should not be made based solely on returns.
| DISTRIBUTION DETAIL | |||
|---|---|---|---|
| EX- Date | Record Date | Payable Date | Amount |
| 12/28/2018 | 12/31/2018 | 1/2/2019 | $0.10206 |
| 12/30/2019 | 12/31/2019 | 1/2/2020 | $0.29725 |
| TOP 10 HOLDINGS | Download Full Holdings | |||
|---|---|---|---|---|
| Percentage Of Net Assets | Name | Identifier | Shares Held | Market Value |
| 5.25% | APPLE INC | AAPL | 11,476 | 3,545,510.20 |
| 3.92% | MICROSOFT CORP | MSFT | 16,328 | 2,649,707.84 |
| 2.30% | JOHNSON & JOHNSON | JNJ | 10,449 | 1,554,288.75 |
| 1.92% | INTEL CORP | INTC | 19,768 | 1,298,559.92 |
| 1.91% | VISA INC | V | 6,392 | 1,289,202.48 |
| 1.88% | UNITEDHEALTH GROUP INC | UNH | 4,471 | 1,270,166.39 |
| 1.86% | WALMART INC | WMT | 10,819 | 1,253,489.34 |
| 1.66% | CISCO SYS INC | CSCO | 23,649 | 1,122,618.03 |
| 1.65% | PROCTER & GAMBLE CO | PG | 8,848 | 1,112,105.12 |
| 1.61% | INTERNATIONAL BUSINESS MACHS COM | IBM | 7,867 | 1,090,523.54 |
Data as of 01/28/2020.
Holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security.