ETF Evaluator:
USCF Dividend Income ETF ()
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(as of Aug 21)
Best Performing in Large Value Over the Last Year
| 72.4% | iShares MSCI USA Value Factor ETF (VLUE) |
| 39.0% | SEI QiM U.S. Lrg Cap Value Actv ETF (SEIV) |
| 34.8% | LSV Disciplined Value ETF (LSVD) |
| 34.7% | iShares Core Dividend ETF (DIVB) |
| 34.4% | Avantis US Large Cap Value ETF (AVLV) |
Risk
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Risk
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ETF Details
USCF Dividend Income ETF Overview
USCF Dividend Income ETF (UDI) is an actively managed U.S. Equity Large Value exchange-traded fund (ETF). USCF Investments launched the ETF in 2022.
The investment seeks a high level of current income; growth of income is a secondary objective.
The fund seeks a high level of current income and, as a secondary objective, growth of income, by investing in U.S. exchange-traded dividend-paying and dividend-growth companies that meet the fund’s ESG criteria. The fund may also invest in U.S. exchange-traded equity securities of issuers domiciled outside the U.S., including ADRs.
About USCF Dividend Income ETF (UDI)
There are 2 members of the management team with an average tenure of 2.62 years: Adam Fackler (2025) and John Leslie (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and S&P 500 Value TR USD index with a weighting of 100%. USCF Dividend Income ETF has 44 securities in its portfolio. The top 10 holdings constitute 33.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is considered to have an ESG focus with its investment selection and management.
USCF Dividend Income ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. USCF Dividend Income ETF has 10.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 88.1% There is 10.7% 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). USCF Dividend Income ETF has 1.2% of the portfolio in cash.
Assets Under Management
The fund has $3 million in total assets, which is below the $5 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.
UDI 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 USCF Dividend Income ETF expense ratio is above average compared to funds in the Large Value category. USCF Dividend Income ETF has an expense ratio of 0.65%, which is 74% higher than its category average, making the fund expense ratio grade a F. 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. USCF Dividend Income ETF has a portfolio turnover rate of 24%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 40% for the Large Value category.
Recently, in the month of July 2026, USCF Dividend Income ETF returned 4.8%, which earned it a grade of A, as the Large Value category had an average return of 2.4%. 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.
USCF Dividend Income ETF has a trailing yield of 2.56%, which is above the 1.70% category average.
The fund normally distributes its income monthly 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.
USCF Dividend Income ETF Grades
Year to date, the ETF has returned 17.0%, 2.6 percentage points better than the category, which translates into a grade of B. The fund has returned 26.3% over the past year (grade of B) and 16.9% over the past three years (grade of C).
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UDI Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| UDI Return (NAV) | 4.8% | 6.7% | 26.3% | 16.9% | na | na |
| UDI Return (Price) | 4.8% | 6.8% | 26.5% | 17.0% | na | na |
| NAV +/- Price Return | -0.081% | -0.075% | -0.229% | -0.065% | na | na |
| Large Value Avg | 2.4% | 5.9% | 24.1% | 16.3% | 11.3% | 12.1% |
| UDI Grade (NAV) | A | B | B | C | na | na |
| +/- Category (NAV) | 2.4% | 0.8% | 2.2% | 0.6% | na | na |
| UDI Tax-Cost Ratio | na | na | 1.1% | 1.5% | na | na |
UDI Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| UDI Return (NAV) | 17.0% | 13.8% | 17.2% | 6.3% | na | na | na | na | na | na | na |
| UDI Return (Price) | 16.1% | 14.9% | 17.1% | 6.4% | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.051% | 0.073% | -0.003% | 0.001% | na | na | na | na | na | na | na |
| Large Value Avg | 14.4% | 14.8% | 15.5% | 13.1% | -6.5% | 26.7% | 5.4% | 27.4% | -6.6% | 17.7% | 15.7% |
| UDI Grade (NAV) | B | D | B | F | na | na | na | na | na | na | na |
| +/- Category | 2.6% | -1.0% | 1.7% | -6.7% | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.55 |
| R-Squared: | 39% |
| Standard Deviation: | 11.6% |
| Category Risk Index: | 0.95 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 0.94 |
| Total Risk Rating: | Below Average |
| Portfolio Characteristics | |
| Yield: | 2.6% |
| Total Assets: | $ 4 Mil |
| Share Class Assets: | $ 4 Mil |
| Turnover: | 24.0% |
| Expense Ratio: | 0.65% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | Yes |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 4.2 years | |||
| Average Tenure: 2.6 years | |||
| Managers (Year): Leslie John (2022), Fackler Adam (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 44 |
| % in Top 10 Holdings: | 33.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 10.7% |
Portfolio Allocation |
|
| Domestic Stock: | 88.1% |
| Foreign Stock: | 10.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | USCF Investments |
| Phone Number: | 800-920-0259 |
| Website: | www.uscfinvestments.com |
| Inception Date: | June 8, 2022 |
Expenses and Fees
| Expense Ratio (%): | 0.65% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.37% |
