DIVI Stock Summary and Trading Ideas (Franklin International Core Dividend Tilt Index ETF | ARCA:DIVI)

Franklin International Core Dividend Tilt Index ETF (DIVI) will seek to provide investment results that closely correspond, before fees and expenses, to the performance of the Morningstar Developed Markets ex-North America Dividend Enhanced Select IndexSM (the Underlying Index). The Underlying Index is a systematic, rules-based proprietary index that is maintained and calculated by Morningstar, Inc. The Underlying Index starts from the Morningstar Developed Markets ex-North America Target Market Exposure Index (Parent Index) and aims to deliver a higher dividend yield than the Parent Index, while limiting expected tracking error to the Parent Index (i.e., to provide a "dividend tilt" through the selection and weighting of securities from the Parent Index). The Parent Index is designed to cover 85% of the float-adjusted market capitalization of the developed markets equity markets excluding North America.

Franklin International Core Dividend Tilt Index ETF trades on the ARCA stock market under the symbol DIVI.

As of December 10, 2024, DIVI stock price declined to $31.38 with 197,885 million shares trading.

DIVI has a beta of 0.65, meaning it tends to be less sensitive to market movements. DIVI has a correlation of 0.43 to the broad based SPY ETF.

DIVI has a market cap of $994.75 million. This is considered a Small Cap stock.

DIVI has underperformed the market in the last year with a return of +10.4%, while the SPY ETF gained +32.5%. In the last 3 month period, DIVI fell short of the market, returning -1.8%, while SPY returned +10.2%. However, in the most recent 2 weeks DIVI has outperformed the stock market by returning +2.8%, while SPY returned +0.4%.

DIVI support price is $31.35 and resistance is $31.83 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DIVI shares will trade within this expected range on the day.