Summary
Madison Dividend Value ETF is an ETF - a fund traded on an exchange like a stock - run by Madison Funds. Positions inside: 39. The ten largest make up 42% of the fund.
- Yearly costs
- 0.65%
- Fund size
- $61.9M
- Positions
- 39
- Dividend yield
- 1.74%
- Running since
- 2023
What speaks for it
- Average yearly growth over the last three years: 11%.
What to watch
- 96% of the fund is in one country (United States).
- Costs of 0.65% a year are above the middle of comparable funds (0.44%).
- A small fund with $61.9M under management; small funds get closed more often.
- It trades little: only about $36.6K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +2.4%
- 3 months
- +2.2%
- This year
- +11%
- 1 year
- +12%
- 3 years
- +36%
- Avg. market cap
- $270.9B
- P/E
- 22.3x
- Forward P/E
- 18.1x
- P/S
- 3.6x
- P/B
- 3.9x
- P/FCF
- 19.1x
- EV/EBITDA
- 14.5x
- Dividend yield
- 2.52%
- ROIC
- 13.2%
- ROE
- 27.9%
- Gross margin
- 49.7%
- Operating margin
- 25.6%
- Net margin
- 20.2%
- Payout ratio
- 56.2%
- Net debt/EBITDA
- 2.1x
- Beta
- 0.54
Weighted average of the 37 largest companies, which make up 100% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 XOExxon Mobil XOM 5.5%
- 2 CVChevron CVX 5.5%
- 3 JNJohnson & Johnson JNJ 5.2%
- 4 CMCME Group Inc. CME 4.0%
- 5 ABAbbVie ABBV 4.0%
- 6 COConocoPhillips COP 3.9%
- 7 NENextEra Energy NEE 3.6%
- 8 PGProcter & Gamble PG 3.6%
- 9 UNUnion Pacific UNP 3.5%
- 10 ADAnalog Devices ADI 3.3%
Positions in the fund: 39. The ten largest make up 42% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Energy 18%
- Financials 17%
- Healthcare 17%
- Industrials 14%
- Consumer defensive 9.2%
- Other 25%
By country
- United States 96%
- Ireland 3.0%
- Canada 0.9%
- Other countries 0.4%
By company size
- Mega cap 42%
- Large cap 58%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Energy (18%). Largest country: United States (96%). Largest size group: Large cap (58%).
What does it cost me?
Expensive- A year from $10,000
- $65.00
- Over 20 years
- $3,099
From every $10,000 invested the fund takes $65.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,099.
How has it done?
Growing over the long run- A year on average, 3 years
- +11%
- Deepest drop
- -15%
- Yearly volatility
- 11%
Average yearly growth over the last three years: 11%. Deepest drop in these years: 15% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.74%
- Payments a year
- 12
- Last payment
- $0.04
Over the last 12 months it paid $0.44 per share, which is 1.74% of today's price. The last payment was $0.04 on Sep 28, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $36.6K
- Shares a day
- 1.4K
On an average day about $36.6K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 22.3
- Average Bulios Score
- 67 out of 100
Weight by Bulios Fair Price
- Undervalued 17%
- Fairly valued 11%
- Overvalued 72%
On average the companies inside trade for 22.3 times their yearly profit. By Fair Price, 72% of the rated weight comes out as overvalued.
Counted from its largest companies (37), which make up 100% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
XH XHU.TO iShares U.S. High Dividend Equity Index ETF | Canada | 0.33% | $143.8M | +16% | Pays out | 39% |
XH XHD.TO iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) | Canada | 0.33% | $182.7M | +14% | Pays out | 39% |
HD HDV iShares Core High Dividend ETF | United States | 0.08% | $15.6B | +23% | Pays out | 39% |
XD XDU.TO iShares Core MSCI US Quality Dividend Index ETF | Canada | 0.16% | $241.2M | +17% | Pays out | 38% |
XD XDUH.TO iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged) | Canada | 0.16% | $71.6M | +15% | Pays out | 38% |
DU DURA VanEck Durable High Dividend ETF | United States | 0.30% | $38.6M | +18% | Pays out | 37% |
