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Dana Concentrated Dividend ETF
DIVE (Dana Concentrated Dividend ETF) is an active US Dividend Equity ETF by Dana. With a 0.65% MER, it provides diversified exposure through 33 holdings.
DIVE is actively managed by Dana's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.65% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.