At a glance
ELCV charges 0.49% a year, above the 0.36% average of the 6 funds most like it (the 5th cheapest of 7). It has $251.1M in assets, the 5th largest of that group; it paid 2.12% of its price in distributions over the past 12 months, quarterly. Over the past year it returned +20.1% with distributions reinvested (S&P 500: +11.5%), 3rd of those 7 funds. Its ten largest positions make up 38.6% of the fund, out of 46 in all.
The short version
Eventide High Dividend ETF (ELCV) is an actively managed fund. It holds about 46 mostly US dividend-paying stocks, picked by Eventide Asset Management using faith-based screens inspired by Christian values. It aims to yield more than the average stock in the Bloomberg US 1000 Total Return Index. Its 0.49% expense ratio is well above low-cost dividend funds such as VYM (0.06%) and DGRO (0.08%), and its record only goes back to September 2024.
Price history
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ELCV +20.1% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| ELCV official prospectus, to Dec 31, 2025 | — | +10.22% | — | — | — | +7.22% |
| Bloomberg US 3000 Equal Weight Total Return Index (reflects no deduction for fees, expenses or taxes) index, same period | — | +13.09% | — | — | — | +12.85% |
| Bloomberg US 1000 Value Total Return Index (reflects no deduction for fees, expenses or taxes) index, same period | — | +16.53% | — | — | — | +11.15% |
| ELCV price data to Oct 27, 2026 | +21.0% | +20.1% | — | — | — | +13.6% |
- Over the year to Oct 27, 2026, ELCV returned +20.1%, 3rd of 7 among similar funds.
- Its worst full calendar year was 2025 (+9.9%); its best was 2025 (+9.9%).
- The deepest fall in its price history was 18.4% (Jan 21, 2025 to Apr 8, 2025), recovered by Oct 1, 2025.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | +21.0% | — |
| 2025 | +9.9% | +10.22% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Before this security existed |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Before this security existed |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $0.4900 | |
| 2025 | $0.6100 |
What's inside
As of Jul 31, 2026, the fund held 46 securities; the ten largest made up 38.61% of assets.
| Holding | Weight | |
|---|---|---|
| PROLOGIS, INC. | 5.43% | |
| ENTERGY CORPORATION | 4.54% | |
| THE WILLIAMS COMPANIES, INC. | 4.25% | |
| AMGEN INC. | 4.18% | |
| ROYALTY PHARMA PLC | 3.73% | |
| EXXONMOBIL HOLDINGS CORPORATION | 3.58% | |
| FIFTH THIRD BANCORP | 3.38% | |
| DELL TECHNOLOGIES INC. | 3.24% | |
| Enbridge Inc. | 3.15% | |
| HUNTINGTON BANCSHARES INCORPORATED | 3.13% | |
| MEDTRONIC PUBLIC LIMITED COMPANY | 3.07% | |
| THE HOME DEPOT, INC. | 2.82% | |
| TARGA RESOURCES CORP. | 2.71% | |
| REGIONS FINANCIAL CORPORATION | 2.69% | |
| GE VERNOVA INC. | 2.65% |
By country
United States 80.47%Ireland 5.85%Canada 5.61%United Kingdom 3.73%Taiwan 1.92%By asset type
Stocks 96.3%Other 2.69%By sector
Sectors of the companies held, for the 70.8% of the fund in companies that have a stock page here; other holdings and cash aren't classified. Source: N-PORT holdings report as of Jul 31, 2026. Cash, money-market funds and derivatives are shown separately from the securities list.What changed recently
- Over the three months to Jul 31, 2026, investors added a net $29.7M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +1.64%, +4.82%, -4.84%.
How it works
ELCV does not track an index. Eventide's managers choose every holding. At least 80% of net assets must be in dividend-paying securities. The fund aims for a dividend yield above the average of the stocks in the Bloomberg US 1000 Total Return Index. It focuses on mid- and large-sized companies worth roughly $1.3 billion to $2.5 trillion (as of June 30, 2026). It may also own REITs (real estate investment trusts), listed preferred shares, midstream energy companies, and foreign companies through ADRs, which are US-traded certificates representing foreign shares.
Every candidate must first pass Eventide's faith-based screen, which is rooted in a biblical worldview. The screen avoids businesses tied to gambling, pornography, tobacco, alcohol, weapons production and violent entertainment, along with companies that conflict with the right to life at all stages. The managers then research each company's financial strength, how safe its dividend is, its management and its valuation. They tend to favor energy, utilities, industrials, technology, infrastructure and real estate. There is no fixed rebalancing schedule. Positions are reviewed against price targets and fundamentals, and portfolio turnover was 63%.
As of July 31, 2026, the fund held 46 stocks, and the top 10 made up 38.6% of assets. The largest were Prologis (5.4%), Entergy (4.5%), Williams Companies (4.3%) and Amgen (4.2%). About 80% was in US companies. The fund used no derivatives.
What it really costs
- ELCV charges 0.49% a year, versus an average of 0.36% for the similar funds below (5th of 7, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $50 in the first year and $616 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| ELCV | $50 | $157 | $274 | $616 |
In a retirement portfolio
The fund's stated goal is income and income growth, and it pays quarterly, although its yield is modest and its track record is short.
ELCV may add quarterly dividends from a values-screened mix of utilities, pipelines, real estate and other dividend payers. Its trailing yield was 2.12% as of October 27, 2026. The fund launched in September 2024, so it has no record through the 2008, 2020 or 2022 downturns. Its deepest drop was 18.4%, from January 21 to April 8, 2025. It got back to its earlier peak by October 1, 2025, about six months later. Someone drawing income during that stretch would have sold shares at lower prices. Its only full calendar year, 2025, returned 10.22%, behind the 16.53% of the Bloomberg US 1000 Value Total Return Index. Costs run above index peers: $50 in the first year and $616 over ten years on $10,000, per the SEC's standard example. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors who want dividend stocks screened by Christian, faith-based values that exclude gambling, tobacco, alcohol, pornography and weapons producers.
- Those comfortable with active management and a concentrated 46-stock portfolio led by names like Prologis, Entergy and Williams Companies.
- Income seekers content with a modest 2.12% trailing yield (as of October 27, 2026), paid quarterly, plus an aim of dividend growth.
Look elsewhere if
- Cost-focused investors: the 0.49% expense ratio is several times VYM's 0.06% or DGRO's 0.08%.
- Anyone wanting a long track record: the fund launched September 30, 2024, and has not been through a prolonged bear market.
- Those wanting index-like results: 63% turnover and manager judgment can leave returns well behind benchmarks, as in 2025.
Close alternatives
Matched by closest holdings overlap from the latest N-PORT reports (no similar fund shares 20% or more of its holdings).
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| ELCV this fund | — | 0.49% | $251.1M | +20.1% | — |
| DGRO iShares Core Dividend Growth ETF | 19% | 0.08% | $42.77B | +21.8% | +20.6% |
| VYM Vanguard High Dividend Yield Index ETF | 18% | 0.06% | $99.19B | +19.1% | +21.2% |
| RSPG Invesco S&P 500 Equal Weight Energy ETF | 18% | 0.4% | $573.6M | +56.1% | +19.7% |
| VIG Vanguard Dividend Appreciation ETF | 17% | 0.05% | $130.90B | +15.6% | +19.8% |
| FPWR First Trust EIP Power Solutions ETF | 16% | 0.96% | $29.6M | +11.9% | +21.1% |
| PUI Invesco Dorsey Wright Utilities Momentum ETF | 16% | 0.6% | $54.6M | -5.9% | +16.7% |
Questions investors ask
Does ELCV pay monthly dividends?
No. ELCV pays dividends quarterly, not monthly. Over the 12 months to October 27, 2026, it paid about $0.67 per share, a trailing yield of 2.12%. The fund aims for a yield above the average stock in the Bloomberg US 1000 Total Return Index. Payouts are not fixed, though. The prospectus warns that companies may cut or stop their dividends, and past payments don't guarantee future ones.
What is the expense ratio of ELCV?
ELCV's expense ratio is 0.49% a year, according to its prospectus filed August 27, 2026. All of it is the management fee, and there is no fee waiver. That is above the 0.36% average of the similar funds we compared. In the SEC's standard example, $10,000 earning 5% a year would cost about $50 in fees after one year, $274 after five years and $616 after ten.
ELCV vs DGRO: what's the difference?
DGRO is the closest match by holdings, but the two funds share only 19% of their holdings. DGRO, from iShares, charges 0.08% and had about $42.8 billion in assets as of July 31, 2026. ELCV is far smaller at about $251 million, costs 0.49% and is actively managed with faith-based screens across 46 stocks. ELCV returned 20.1% over one year as of October 27, 2026. DGRO returned 21.2% as of October 30, 2026.
Is ELCV a Christian ETF?
Yes. Eventide screens every holding using values that, in the prospectus's words, are inspired by the Christian faith and rooted in a biblical worldview. The screen avoids companies tied to gambling, pornography, tobacco, alcohol, weapons production and violent entertainment, and it considers the right to life at all stages. The prospectus warns that these screens could cause the fund to lag similar funds that don't use them.
How risky is ELCV?
ELCV has swung less than the broad market so far, but its history is short. Its beta, a measure of how much it moves relative to the market, was 0.64 over the year to October 27, 2026, and its one-year volatility was 12.5%. Its deepest drop was 18.4% in early 2025, which took about six months to recover. Heavy positions in energy, utilities and real estate bring their own sector risks.