Strive 1000 Dividend Growth ETF retains its Morningstar Medalist Rating of Bronze. The portfolio maintains a cost advantage over competitors, priced within the lowest fee quintile among peers.  

 The strategy's investment process inspires confidence and earns an Above Average Process Pillar rating. Independent of the rating, analysis of the strategy's portfolio shows it has maintained an overweight in yield exposure and an underweight in volatility exposure compared with category peers. High yield exposure is attributed to holding more stocks with high dividend or buyback yields. And low volatility exposure is rooted in stocks that have a lower standard deviation of returns. The team managing this passive strategy earns a Below Average People Pillar rating. The strategy's parent organization doesn't stand out, earning the firm an Average Parent Pillar rating. It has displayed a handful of investor-friendly attributes including overall attractive fees and continuity among portfolio managers.

Analyst Rating

Apple

Microsoft

Eli Lilly

Broadcom

UnitedHealth Group

Visa

Procter & Gamble

Mastercard

Johnson & Johnson

Home Depot

Morningstar's evaluation of this security's process aims to determine the likelihood that it will outperform its Morningstar Category index on a risk-adjusted basis over the long term. Strive 1000 Dividend Growth ETF earns an Above Average Process Pillar rating. 

The most substantial contributor to the rating is that this fund tracks an index. Historical data, like Morningstar's Active/Passive Barometer, finds that passively managed funds have generally outperformed their active counterparts, especially over longer time horizons. The firm's five-year retention rate of 100% also bolsters the rating. Lastly, the process is limited by the experience of the management team, which averages one year at this fund.

 This strategy skews toward smaller, deeper value companies compared with its average peer in the Large Blend Morningstar Category. Examining additional factor exposure, the managers have consistently overweighted yield-paying companies compared with Morningstar Category peers in recent years, shown by the portfolio's high exposure to stocks paying dividends or buying back shares. Higher-yield stocks can provide dependable income, but also have their risks. Dividend payers may cut payouts, for instance, if their earnings fall. In recent months, the strategy was more exposed to the Yield factor compared with its Morningstar Category peers as well. The managers have also shown an underweight risk tilt, demonstrated by lower volatility exposure over peers in recent years. These low-risk stocks are typically at their best when markets are not. Low volatility exposure contributes to limited loss on the downside at the cost of a lag in bull markets. Similarly, in recent months, the strategy also had less exposure to the Volatility factor than peers. In addition, this strategy has not maintained a defensive tilt, demonstrated by low exposure to the quality factor. This means the fund avoids holding firms that are consistently profitable, growing, and have solid balance sheets. Such positions do not tend to provide much ballast for a portfolio. In recent months, the strategy also had less Quality factor exposure than its peers. More information on a fund and its respective category's factor exposure can be found in the Factor Profile module within the Portfolio section. 

 The portfolio is overweight in healthcare and industrials relative to the category average by 10.4 and 3.8 percentage points, respectively. The sectors with low exposure compared to category peers are communication services and technology, underweight the average by 8.1 and 3.8 percentage points of assets, respectively. The strategy owns 235 securities and its assets are more dispersed than peers in the category. In particular, 31.5% of the fund’s assets are concentrated in the top 10 fund holdings, as opposed to the category average's 49.5%. And finally, in terms of portfolio turnover, this portfolio trades more frequently than the average peer in its category, which may result in higher trading costs for investors and cause a drag on performance.

Above Average

Process

Strive Asset Management’s team receives a Below Average People Pillar rating. The team benefits from the firm's five-year retention rate of 100%. However, the rating is held back by the experience of the management team, which averages one year at this fund. The number of months that the management team has been running this vehicle together also holds the rating back. Since this is a newly incepted product, more time is needed to monitor the team's capability at executing the strategy.

Below Average

People

Even though Strive Asset Management only has a one-year track record, it has shown to be an industry-standard steward, warranting an Average Parent Pillar rating. Strive Asset Management currently runs 12 vehicles, with a total of $1.36 billion under management and a bench of six portfolio managers.   

 The firm’s economical fees on open-end and exchange-traded funds truly evince a firmwide commitment to minimizing costs and maximizing investors’ returns. The average net expense ratio of the firm’s funds falls within the lowest quintile of firms.  

 To retain an Average rating, Strive Asset Management needs to maintain a consistent track record of positive investor experience.

Average

Parent

Strive 1000 Dividend Growth ETF

STXD tracks a market cap-weighted index of large-cap growth companies in the US that have displayed positive dividend growth greater than that of the Bloomberg US 1000 Growth Index for at least 5 consecutive years. Constituents are selected by dividends.

Strive US Energy ETF

Strive Faang 2 0 Etf

Strive US Semiconductor ETF

Strive 500 ETF

Strive Emerging Markets EX-China ETF

Strive 1000 Growth ETF

Strive Small-Cap ETF

Strive 1000 Value ETF

HAVERTOWN, Pa. , Jan. 9, 2023 /PRNewswire/ -- (ETF Architect) -- EA Series Trust announces that the following funds will move their primary listings to the New York Stock Exchange: Strive U.S. Energy ETF (NYSE Arca: DRLL), Strive 500 ETF (NYSE Arca: STRV), Strive U.S. Semiconductor ETF (NYSE Arca: SHOC), Strive Emerging Markets Ex-China ETF (NYSE Arca: STXE), Strive FAANG 2.0 ETF (NYSE Arca: FTWO), Strive 1000 Dividend Growth ETF (Nasdaq: STXD), Strive 1000 Growth ETF (Nasdaq: STXG) Strive 1000 Value ETF (Nasdaq: STXV) and Strive Small-Cap ETF (Nasdaq: STXK), collectively, the "Funds".

Nine Strive funds will move primary listing from NYSE Arca, Inc. and NASDAQ Stock Market LLC to New York Stock Exchange

COLUMBUS, Ohio--( BUSINESS WIRE )--Strive Asset Management announced its total assets under management surpassed $500 million on November 11, 2022, three months after the launch of its first fund.

Strive Asset Management Exceeds Half a Billion in AUM, 3 Months After Launch

The asset manager is known for its ‘anti-woke' investment policy.

News for Strive 1000 Dividend Growth ETF ETF (STXD)