Roundhill S&P Dividend Monarchs ETF
Data updated: 2024-11-22
C000244921 — Roundhill S&P Dividend Monarchs ETF. United States Multi-Cap / All-Cap Value Equity · $3.23M AUM. Holdings, fees, performance and SEC filings.
C000244921 Fund Overview
Roundhill S&P Dividend Monarchs ETF is a US ETF managed by Roundhill ETF Trust, categorised as United States Multi-Cap / All-Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Roundhill ETF Trust
- Category: United States Multi-Cap / All-Cap Value Equity
- Assets under management: $3.23M
- SEC CIK: 0001976517
- SEC series ID: S000081834
- Share class ID: C000244921
C000244921 Investment Objective and Strategy
Roundhill S&P Dividend Monarchs ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Roundhill ETF Trust.
Investment objective
The Fund seeks to track the total return performance, before fees and expenses, of the S&P Dividend Monarchs Index (the Index).
Principal investment strategy
Under normal market conditions, the Fund invests at least 80% of its total assets in the common stock and real estate investment trusts (REITs) comprising the Index. The Fund, using a full replication approach, attempts to provide, before fees and expenses, the total return performance of the Index. The Index is owned and was developed by S&P Dow Jones Indices, LLC a division of S&P Global (SPDJI or the Index Provider). The Index Provider reserves the right to make exceptions when applying the methodology if the need arises. In addition, the Index Provider may revise Index policy covering rules for selecting companies, treatment of dividends, share counts or other matters. The Fund will invest at least 80% of the Funds net assets (plus any borrowings for investment purposes) in dividend-paying securities.
The Index measures the performance of companies that have followed a policy of consistently increasing dividends every year for at least 50 years. Only securities issued by companies that have increased their total dividend per share amount every year for at least 50 consecutive years are eligible for inclusion in the Index. The Indexs selection universe is composed of all the securities comprising the S&P Composite 1500 Index. In selecting securities, the Index first screens out all components of the S&P Composite 1500 Index that do not meet certain market capitalization, liquidity or dividend growth thresholds. To be eligible for inclusion in the Index, a security must have a market capitalization of at least $2 billion (although current constituents may remain in the Index so long as they maintain a market capitalization of at least $1.5 billion).
Additionally, a security must have an average daily value traded greater than or equal to $5 million for the three months prior to the rebalancing reference date (although current constituents may remain in the Index so long as they maintain an average daily value traded greater than or equal to $4 million for the three months prior to the rebalancing reference date). Lastly, a security must have increased its total dividend per share amount every year for at least 50 consecutive years. The Index will select all eligible securities for inclusion, with a minimum constituent count of 25. If fewer than 25 securities are eligible, the Index relaxes the dividend growth eligibility factor as described in the section entitled Additional Information About the Funds Principal Investment Strategy. Constituents selected for inclusion in the Index are weighted based upon their indicated annual dividend yield, subject to a single constituent weight cap of 5% of the total Index weight.
If the Index is ever composed of less than 25 securities, the single constituent weight cap rises to 10% of the total Index weight. Additionally, Index constituents with weights equal to or greater than 5% will not exceed 50% of the total Index weight. In the event this condition is breached, the Index will re-balance pursuant to the mechanism described in the section entitled Additional Information About the Funds Principal Investment Strategy. The Index is reconstituted annually and rebalanced quarterly and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Fund will be concentrated ( i.e. hold 25% or more of its total assets) in an industry or a group of industries to the extent that the Index is so concentrated. As of March 31, 2024, the Fund was concentrated in the consumer staples sector, although this may change from time to time.
To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector. The Fund is classified as non-diversified under the Investment Company Act of 1940 (the 1940 Act).
C000244921 Holdings
Top 10 holdings of Roundhill S&P Dividend Monarchs ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Kenvue Inc | 5.50% |
| Stanley Black & Decker Inc | 5.07% |
| Black Hills Corp | 4.91% |
| Federal Realty Investment Trus | 4.54% |
| Sonoco Products Co | 4.29% |
| AbbVie Inc | 3.97% |
| National Fuel Gas Co | 3.96% |
| Hormel Foods Corp | 3.66% |
| Kimberly-Clark Corp | 3.51% |
| Johnson & Johnson | 3.45% |
C000244921 Portfolio Allocation
Asset-class allocation of Roundhill S&P Dividend Monarchs ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.9% |
| Cash & Equivalents | 0.7% |
C000244921 Costs and Fees
C000244921 costs about $35 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.35%
- Gross expense ratio: 0.35%
- Portfolio turnover: 0%
- Brokerage commissions: 0.01 bps of average net assets (SEC N-CEN)
C000244921 Cashflows
Over the 12 months to 2024-09, Roundhill S&P Dividend Monarchs ETF had net inflows of $2.92M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-09 | $0 |
| 2024-08 | $0 |
| 2024-07 | $0 |
| 2024-06 | $0 |
| 2024-05 | $0 |
| 2024-04 | $0 |
C000244921 Debt Constituents
No individual debt constituents are reported in Roundhill S&P Dividend Monarchs ETF's latest SEC N-PORT filing.
C000244921 Prospectus and SEC Filings
Official Roundhill S&P Dividend Monarchs ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Multi-Cap / All-Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.