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Active ETFs take share as CGDV, FLSP and RLY post strong YTD gains
Capital Group Dividend Value ETF CGDV is up 17% year to date and carries a 0.33% expense ratio, while dividend yields range from 1.14% to 2.99% across the three funds.
Demand for actively managed ETFs is rising, with the share of total ETF assets held in active funds increasing to about 12% from less than a third in 2020, according to MarketBeat Ratings. The outlet said investors are increasingly drawn to active ETFs for features including intraday liquidity, tax efficiency, and easy market access, even though passive index ETFs remain dominant by total assets.
MarketBeat Ratings highlighted the Capital Group Dividend Value ETF, CGDV, which targets U.S. large-cap value stocks with potential high-yield dividends. The fund reserves up to 10% of its asset base for dividend-paying stocks listed outside the United States, has an expense ratio of 0.33%, and is up 17% year to date, with a dividend yield of 1.14%.
The outlet also pointed to the Franklin Systematic Style Premia ETF, FLSP, noting it has trended upward over the last six weeks. FLSP uses a multi-asset long/short structure that combines factor-based stock selection with investments across multiple asset classes, MarketBeat Ratings said, and it grouped that performance among a set of active ETF strategies showing notable moves in August.