Franklin International Core Dividend Tilt Index ETFDIVI

The Franklin International Core Dividend Tilt Index ETF (DIVI) is a dividend-focused wrapper that tilts its international large- and mid-cap core toward higher-yielding stocks, then caps single positions and applies a 0.30% expense ratio. The fund’s top ten holdings account for roughly a third of the portfolio, which is the mechanical tilt doing the heavy lifting rather than any stock-picking prowess. The ticker trades on Nasdaq, but liquidity is thin enough that spreads can widen when market makers decide to take a coffee break. (source: Nasdaq, https://www.nasdaq.com/market-activity/etf/divi)

DIVI tracks the Solactive GBS International Core Dividend Tilt Index, a rules-based benchmark that starts with the Solactive GBS Developed Markets ex-US Large & Mid Cap Index, overlays a dividend-tilt methodology, and applies position caps. The index is the real engine; Franklin’s role is to charge the fee and market the wrapper. The fund’s AUM sits in the low hundreds of millions, which keeps the lights on but doesn’t make it a market mover. (source: SEC EDGAR fund search for DIVI, https://www.sec.gov/edgar/search/#/q=DIVI)

The FINRA Fund Analyzer shows DIVI’s liquidity is modest, with daily volume trailing the ETFs that set the pace in global equity income. The fund’s 0.30% expense ratio is the clearest, sourced figure in the evidence set; everything else-performance, tracking error, yield-is left to the buyer’s imagination. The fund’s trading venue is Nasdaq, but the quote book is shallow, which means the spread you pay may owe more to market-maker discretion than to any economic signal. (source: FINRA Fund Analyzer, https://tools.finra.org/fund_analyzer/)

The fund’s mandate, holdings concentration, and expense ratio are all sourced and explicit; the remaining unknowns are performance, tracking error, and dividend yield over time. Those figures are not parsed in the evidence, so they remain unproven until a filing or performance report supplies them. (source: SEC EDGAR fund search for DIVI, https://www.sec.gov/edgar/search/#/q=DIVI; Nasdaq, https://www.nasdaq.com/market-activity/etf/divi)