Reality Shares DIVS ETF (DIVY) Attracts $50 Million in Assets
We believe the Reality Shares DIVS ETF is a fixed income strategy alternative because it offers low volatility and low correlation to both equities and bonds.
San Diego – March 20, 2017 – The Reality Shares DIVS ETF (NYSE Arca: DIVY), the flagship fund from exchange-traded fund issuer and research firm Reality Shares, crossed the $50 million in assets under management threshold, less than three years after its debut.
Since its inception over two years ago, in addition to its historical low volatility and low correlation qualities to both equities and bonds, DIVY has exhibited a historically low standard deviation. This feat comes in addition to the fund’s performance of over 17% in the past year.¹
DIVY, whose assets under management have grown 41 percent year-to-date, is a first-of-its-kind ETF that seeks to deliver long-term capital appreciation based on the growth of dividends – not stock price – of large-cap companies. An institutional-grade strategy designed to outperform bonds and alternative indices, DIVY boasts low volatility, low correlation attributes that have been embraced by risk-averse investors frustrated by the currently stale fixed income market.
“Sympathetic to investors bogged down by high fees and opaque products, we set out to deliver more what our investors want,” said Eric Ervin, CEO of Reality Shares. “DIVY is the culmination of that mission. By providing investors access to the dividend growth rate of the S&P 500 via an ETF wrapper, we are offering retail investors a liquid, cost-effective strategy that previously was reserved for institutional investors.”
As of February 28, 2017, the fund NAV is up 5.4 percent YTD and 17.9 percent since inception.¹
|Month End Performance||(as of Feb. 28, 2017)|
|For the Period||1M||3M||YTD||1Y||Inception (Dec. 18, 2014)|
|DIVY Market Price||3.50%||8.66%||5.43%||17.22%||15.70%|
1 Data from Dec. 18, 2014 – Feb. 28, 2017.
The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor’s shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted.
S&P 500 Index: A broad stock market index of 500 large companies based on market capitalization.
There are risks involved with investing including the possible loss of principal. Investments in swaps, options, and futures and forward contracts are subject to a number of risks, including correlation risk, market risk, leverage risk and liquidity risk, which may negatively impact the Fund’s investment strategy and could cause the Fund to lose money. Please review the prospectus for other important risks regarding the Fund, as each of these factors could cause the value of an investment in the Fund to decline over short- or long-term periods. The Fund may invest in European and Japanese securities per the most recent prospectus. The portfolio manager is limiting the Fund to US securities as of the date of this fact sheet and could be subject to change without notification.
DIVY does not generate dividend income, and is not appropriate for investors seeking dividend income. The Fund uses a dividend isolation strategy in which the investment returns of the Fund are based primarily on the change in expected dividend values reflected in the prices of the Fund’s portfolio holdings. There can be no guarantees that this investment strategy will be successful or that this strategy will produce positive investment returns. The Fund utilizes derivatives which present specific risks which could cause the Fund to lose money and affect your return.