Summary
Polen Dividend Income ETF is an ETF - a fund traded on an exchange like a stock - run by TrueShares. Positions inside: 31. The ten largest make up 48% of the fund.
- Yearly costs
- 0.65%
- Fund size
- $307.3M
- Positions
- 31
- Dividend yield
- 2.60%
- Running since
- 2021
What speaks for it
Nothing stands out in its favour.
What to watch
- 94% 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 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
- -0.2%
- 3 months
- -2.5%
- This year
- +2.9%
- 1 year
- +3.5%
- 3 years
- +43%
- 5 years
- +28%
- Avg. market cap
- $573.2B
- P/E
- 21.6x
- Forward P/E
- 17.4x
- P/S
- 2.8x
- P/B
- 3.9x
- P/FCF
- 19.8x
- EV/EBITDA
- 13.0x
- Dividend yield
- 3.17%
- ROIC
- 13.5%
- ROE
- 23.7%
- Gross margin
- 53.8%
- Operating margin
- 30.7%
- Net margin
- 21.8%
- Payout ratio
- 68.5%
- Net debt/EBITDA
- 2.2x
- Beta
- 0.45
Weighted average of the 29 largest companies, which make up 97% 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 PMPhilip Morris PM 6.5%
- 2 MPMPLX LP MPLX 5.8%
- 3 UNUnitedHealth UNH 5.7%
- 4 CVChevron CVX 5.2%
- 5 JNJohnson & Johnson JNJ 4.6%
- 6 MOAltria MO 4.6%
- 7 NENextEra Energy NEE 4.3%
- 8 MSMicrosoft MSFT 4.1%
- 9 ABAbbVie ABBV 3.9%
- 10 BIBrookfield Infrastructure Corporation BIPC 3.4%
Positions in the fund: 31. The ten largest make up 48% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Technology 19%
- Energy 17%
- Healthcare 17%
- Utilities 12%
- Consumer defensive 11%
- Other 24%
By country
- United States 94%
- Canada 2.8%
- Other countries 2.7%
By company size
- Mega cap 52%
- Large cap 45%
- Mid cap 3.5%
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: Technology (19%). Largest country: United States (94%). Largest size group: Mega cap (52%).
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 slowly- A year on average, 5 years
- +5.0%
- Deepest drop
- -18%
- Yearly volatility
- 9.8%
Average yearly growth over the last five years: 5.0%. Deepest drop in these years: 18% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.60%
- Payments a year
- 12
- Last payment
- $0.05
Over the last 12 months it paid $0.97 per share, which is 2.60% of today's price. The last payment was $0.05 on Sep 29, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $1.07M
- Shares a day
- 29K
On an average day about $1.07M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 21.6
- Average Bulios Score
- 67 out of 100
Weight by Bulios Fair Price
- Undervalued 27%
- Fairly valued 15%
- Overvalued 58%
On average the companies inside trade for 21.6 times their yearly profit. By Fair Price, 58% of the rated weight comes out as overvalued.
Counted from its largest companies (29), which make up 97% 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 | ||
|---|---|---|---|---|---|---|
BG BGIG Bahl & Gaynor Income Growth ETF | United States | 0.45% | $491.1M | +12% | Pays out | 36% |
ZW ZWH.TO BMO US High Dividend Covered Call ETF | Canada | 0.71% | $817.9M | +6.0% | Pays out | 35% |
BZ BZWHF BMO US High Dividend Covered Call ETF | Canada | 0.71% | $86.4M | +5.5% | Pays out | 35% |
DU DURA VanEck Durable High Dividend ETF | United States | 0.30% | $38.6M | +17% | Pays out | 32% |
XH XHD.TO iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) | Canada | 0.33% | $182.7M | +13% | Pays out | 31% |
XH XHU.TO iShares U.S. High Dividend Equity Index ETF | Canada | 0.33% | $143.8M | +15% | Pays out | 31% |