ETF Evaluator:
Eventide High Dividend ETF ()
Follow This ETF
(as of Nov 13)
Best Performing in Large Value Over the Last Year
| 51.9% | iShares MSCI USA Value Factor ETF (VLUE) |
| 40.7% | iShares Core Dividend ETF (DIVB) |
| 38.5% | Schwab US Dividend Equity ETF™ (SCHD) |
| 36.4% | Avantis Inflation Focused Equity ETF (AVIE) |
| 34.3% | iShares Core High Dividend ETF (HDV) |
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ETF Details
Eventide High Dividend ETF Overview
Eventide High Dividend ETF (ELCV) is an actively managed U.S. Equity Large Value exchange-traded fund (ETF). Eventide Funds launched the ETF in 2024.
The investment seeks income growth and long-term capital appreciation.
The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (plus the amount of borrowings for investment purposes) in dividend-paying securities. Under normal market conditions, the fund seeks to provide a dividend yield greater than the average dividend yield of the equity securities in the Bloomberg US 3000 Total Return Index, measured on a gross basis.
About Eventide High Dividend ETF (ELCV)
There are 2 members of the management team with an average tenure of 1.33 years: Reggie Smith (2026) and Dolores Bamford (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Bloomberg US 3000 Equal Weight TR USD index with a weighting of 100% and Bloomberg US 1000 Val TR USD index with a weighting of 100%. Eventide High Dividend ETF has 50 securities in its portfolio. The top 10 holdings constitute 42.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Eventide High Dividend ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Eventide High Dividend ETF has 9.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 90.4% There is 9.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Eventide High Dividend ETF has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $317 million in total assets, which is below the $6 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
ELCV Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Eventide High Dividend ETF expense ratio is average compared to funds in the Large Value category. Eventide High Dividend ETF has an expense ratio of 0.49%, which is 26% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Eventide High Dividend ETF has a portfolio turnover rate of 63%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 42% for the Large Value category.
Recently, in the month of October 2026, Eventide High Dividend ETF returned 4.9%, which earned it a grade of C, as the Large Value category had an average return of 4.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Eventide High Dividend ETF has a trailing yield of 2.10%, which is above the 1.74% category average.
The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Eventide High Dividend ETF Grades
Year to date, the ETF has returned 21.5%, 3.9 percentage points better than the category, which translates into a grade of B. The fund has returned 22.5% over the past year (grade of C).
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ELCV Trailing NAV Total Returns Data as of 10/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ELCV Return (NAV) | 4.9% | 2.1% | 22.5% | na | na | na |
| ELCV Return (Price) | 4.9% | 2.0% | 22.4% | na | na | na |
| NAV +/- Price Return | 0.038% | 0.103% | 0.108% | na | na | na |
| Large Value Avg | 4.7% | 2.7% | 21.2% | 20.7% | 11.2% | 12.5% |
| ELCV Grade (NAV) | C | D | C | na | na | na |
| +/- Category (NAV) | 0.2% | -0.6% | 1.3% | na | na | na |
| ELCV Tax-Cost Ratio | na | na | 0.9% | na | na | na |
ELCV Annual NAV Total ReturnsData as of 10/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ELCV Return (NAV) | 21.5% | 10.2% | na | na | na | na | na | na | na | na | na |
| ELCV Return (Price) | 21.6% | 10.0% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.008% | -0.025% | na | na | na | na | na | na | na | na | na |
| Large Value Avg | 17.6% | 14.7% | 15.5% | 13.1% | -6.6% | 26.5% | 5.5% | 27.4% | -6.6% | 17.8% | 15.6% |
| ELCV Grade (NAV) | B | F | na | na | na | na | na | na | na | na | na |
| +/- Category | 3.9% | -4.5% | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 2.1% |
| Total Assets: | $ 317 Mil |
| Share Class Assets: | $ 317 Mil |
| Turnover: | 63.0% |
| Expense Ratio: | 0.49% |
| Index Fund: | No |
| Index Tracked: | Bloomberg US 3000 Equal Weight TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 2.1 years | |||
| Average Tenure: 1.3 years | |||
| Managers (Year): Bamford Dolores (2024), Smith Reggie (2026) | |||
Portfolio Composition (as of 10/30/26)
| # of Holdings: | 50 |
| % in Top 10 Holdings: | 42.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 9.6% |
Portfolio Allocation |
|
| Domestic Stock: | 90.4% |
| Foreign Stock: | 9.6% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Eventide Funds |
| Phone Number: | 877-771-3836 |
| Website: | https://www.eventideinvestments.com/etfs |
| Inception Date: | September 30, 2024 |
Expenses and Fees
| Expense Ratio (%): | 0.49% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.39% |
