ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Direct Indexing
    • Disruptive Technology
    • Energy Infrastructure
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Financial Literacy
    • Fixed Income
    • Gold/Silver/Critical Minerals
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Modern Alpha
    • Multifactor
    • Night Effect
    • Portfolio Strategies
    • Responsible Investing
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Global Beta Releases New Smart Income ETF, ‘GBDV’
News
Share

Global Beta Releases New Smart Income ETF, ‘GBDV’

Aaron NeuwirthDec 27, 2019
2019-12-27

On Friday, Global Beta ETFs launched a new smart income ETF designed to track the performance of an index composed of high-averaging stock. This fund will help investors with exposure and broad diversification and currently has zero management fees at the start.

The Global Beta Smart Income ETF (GBDV) seeks to track the performance (before fees and expenses) of the Global Beta Smart Income Index. The index is composed of stocks in the S&P 900 index with the highest average 12-month trailing dividend yield over the prior four quarters on a diversified basis.

Additionally, Global Beta Advisors LLC, the Fund’s investment adviser, has agreed to waive the management fee payable by the Fund to the Adviser through June 30, 2020. The gross expense ratio is 0.49%, and the net expense ratio is .29%. Global Beta Advisors has agreed to reimburse the Fund through March 31, 2021, for the compensation and expenses of the Trustees who are not interested persons, and fees and costs of counsel to the Independent Trustees, except for any litigation expenses (including litigation to which the Trust or the Fund may be a party and indemnification of the Independent Trustees with respect thereto), and extraordinary or non-routine fees or expenses.

GBDV’s Effect On A Portfolio

GBDV is aimed and designed to provide exposure to dividend-paying stocks within the S&P 900, with the highest average 12-month trailing dividend yield over each of the prior four quarters. It seeks to provide low-cost broad market exposure to Domestic Large and Mid-Cap Companies from S&P Indexes

Also important is GBDV’s design working to provide broad diversification across sectors and aims to identify companies with historically strong dividends. And lastly, it can be used with a core portfolio to seek income


Content continues below advertisement

The GBDV Index Strategy

The Global Beta Smart Income ETF tracks the Global Beta Smart Income Index in an effort to provide attractive income. Global Beta Advisor’s (”GBA”) partnered with S&P to provide an initial index universe for GBA to apply its methodology. GBA believes that S&P is a best-in-class index provider, such that GBA’s starting universe is already vetted for criteria such as liquidity and quality.

The index is designed to reflect the performance of constituents from the S&P 900 with the highest average 12-month trailing dividend yield over each of the prior four quarters, diversified by Global Industry Classification Standard (”GICS”) sector and re-weighted based on revenue. To mitigate concentration risk at the issuer level, GBA caps each index constituent at 5% during each quarterly rebalance.

Additionally, GBA will monitor the securities to detect any expected dividend cuts. Once a stock announces a dividend cut, it will be immediately removed from the index. GBA’s mission is to deliver a strategy that seeks to provide our investors with an active line of quarterly income potential and to avoid investment hazards that may come with investors chasing yield.

Learn more about GBDV from Global Beta’s webpage

This article originally appeared on ETFTrends.com..

» Popular Pages

  • Tickers
  • Articles

Jun 07

Buy on the Dip Prospects: June 7 Edition

Jun 07

Single-Stock ETF Angle Could Attract Investor Interest

Jun 07

Market Wrap Recap - Investors Were Able to Take a Sigh of Relief

Jun 07

Top 5 ETFs for Investing in Artificial Intelligence

Jun 07

Declining Metal Prices Create Window of Opportunities

Jun 07

Direct Indexing Counters Greenwashing

Jun 07

Cryptocurrencies: Bitcoin Ends May Down 7.0%

Jun 07

VettaFi Viewpoints: Dave Nadig Talks Wellness With Dr. Pearlman

Jun 07

Goldman Sachs' New MarketBeta Total International Equity ETF

Jun 07

Gundlach: Buy Bonds, Not Stocks

QQQM

Invesco NASDAQ 100 ETF

VOO

Vanguard S&P 500 ETF

VGT

Vanguard Information...

SPY

SPDR S&P 500 ETF Trust

IYW

iShares U.S. Technology ETF

EWJ

iShares MSCI Japan ETF

BOTZ

Global X Robotics &...

VUG

Vanguard Growth ETF

FTEC

Fidelity MSCI Information...

FNGU

MicroSectors FANG+ Index 3X...


Content continues below advertisement

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X