Summary
TBG Dividend Focus ETF is an ETF - a fund traded on an exchange like a stock - run by Madison Avenue. Positions inside: 39. The ten largest make up 39% of the fund.
- Yearly costs
- 0.45%
- Fund size
- $291.5M
- Positions
- 39
- Dividend yield
- 2.65%
- Running since
- 2023
What speaks for it
Nothing stands out in its favour.
What to watch
- 94% of the fund is in one country (United States).
- A young fund: it has been running only since 2023.
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
- +4.4%
- 3 months
- +1.3%
- This year
- +15%
- 1 year
- +16%
- Avg. market cap
- $205.8B
- P/E
- 20.9x
- Forward P/E
- 17.1x
- P/S
- 2.2x
- P/B
- 3.9x
- P/FCF
- 15.8x
- EV/EBITDA
- 12.5x
- Dividend yield
- 3.76%
- ROIC
- 11.4%
- ROE
- 30.4%
- Gross margin
- 48.4%
- Operating margin
- 22.6%
- Net margin
- 13.0%
- Payout ratio
- 78.7%
- Net debt/EBITDA
- 3.9x
- Beta
- 0.63
Weighted average of the 36 largest companies, which make up 94% 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 MRMerck & Co. MRK 4.7%
- 2 CVChevron CVX 4.3%
- 3 ACAccenture ACN 4.3%
- 4 PGProcter & Gamble PG 4.0%
- 5 BXBlackstone BX 3.8%
- 6 BIBrookfield Infrastructure Corporation BIPC 3.8%
- 7 VZVerizon VZ 3.7%
- 8 PEPepsiCo PEP 3.5%
- 9 SPSimon Property Group, Inc. SPG 3.5%
- 10 JNJohnson & Johnson JNJ 3.3%
Positions in the fund: 39. The ten largest make up 39% of it.
Composition as of Oct 19, 2026.
Where is it spread?
One countryBy sector
- Healthcare 16%
- Energy 14%
- Financials 12%
- Consumer defensive 10%
- Consumer cyclical 9.4%
- Other 38%
By country
- United States 94%
- Ireland 4.0%
- Canada 1.7%
- Other countries 0.2%
By company size
- Mega cap 35%
- Large cap 53%
- Mid cap 12%
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. Counted from the companies that make up 94% of the fund.
Largest sector: Healthcare (16%). Largest country: United States (94%). Largest size group: Large cap (53%).
What does it cost me?
Usual costs- A year from $10,000
- $45.00
- Over 20 years
- $2,184
From every $10,000 invested the fund takes $45.00 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 $2,184.
How has it done?
Growing over the long run- Over the last year
- +16%
- Deepest drop
- -15%
- Yearly volatility
- 11%
Growth over the last year: 16%. Deepest drop in these years: 15% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.65%
- Payments a year
- 4
- Last payment
- $0.26
Over the last 12 months it paid $1.02 per share, which is 2.65% of today's price. The last payment was $0.26 on Sep 28, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $1.53M
- Shares a day
- 40K
On an average day about $1.53M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 20.9
- Average Bulios Score
- 62 out of 100
Weight by Bulios Fair Price
- Undervalued 40%
- Fairly valued 22%
- Overvalued 38%
On average the companies inside trade for 20.9 times their yearly profit. By Fair Price, 40% of the rated weight comes out as undervalued.
Counted from its largest companies (36), which make up 94% 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 | ||
|---|---|---|---|---|---|---|
DD DDDD YieldMax U.S. Stocks Target Double Distribution ETF | United States | 1.01% | $2.49M | - | Pays out | 37% |
SC SCHD Schwab U.S. Dividend Equity ETF | United States | 0.06% | $98.3B | +30% | Pays out | 37% |
XD XDU.TO iShares Core MSCI US Quality Dividend Index ETF | Canada | 0.16% | $241.2M | +17% | Pays out | 33% |
XD XDUH.TO iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged) | Canada | 0.16% | $71.6M | +16% | Pays out | 33% |
XD XDND.DE Xtrackers MSCI North America High Dividend Yield UCITS ETF 1C | Ireland | 0.39% | $147.2M | +26% | Reinvests | 31% |
GE GEND Genter Capital Dividend Income ETF | United States | 0.38% | $3.37M | +20% | Pays out | 29% |
