YLDE
ClearBridge Dividend Strategy ESG ETF
The ClearBridge Dividend Strategy ESG ETF is an actively managed fund that seeks income, growth of income, and long-term capital appreciation. The fund focuses on global large-cap stocks with attractive dividends and positive ESG attributes.<br /><br />
US
EQUITY
Active
MANAGEMENT STYLE
51.1 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Fund sponsor | Legg Mason |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | May 22, 2017 |
| Assets (mns) | $51 |
| Expense ratio | 60 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| MICROSOFT CORP | 4.2 % |
| WILLIAMS COS INC | 3.9 % |
| APOLLO GLOBAL MANAGEMENT INC. | 3.6 % |
| NESTLE SA-SPONS ADR | 3.4 % |
| JPMORGAN CHASE & CO | 3.3 % |
| SEMPRA ENERGY | 3.2 % |
| COMCAST CORP-CL A | 3.0 % |
| BECTON DICKINSON AND CO | 2.9 % |
| LINDE PLC | 2.7 % |
| BROADCOM INC. | 2.6 % |
Constituent Breakdown
| Number of holdings | 57 |
| Herfindahl-Hirschman Index | 220 |
| Wgt avg mkt cap (mns) | $435,746 |
| Large cap (>$10bn) | 98.5% |
| Mid cap ($2-10bn) | 1.5% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 86.8 % |
 |
BRITAIN | 3.9 % |
 |
SWITZERLAND | 3.4 % |
 |
GERMANY | 1.9 % |
 |
BERMUDA | 1.5 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 21.9% | 26.4% | 16.5% | 11.3% | 12.5% | -- | 12.4% | Volatility | 9.5% | 9.6% | 11.7% | 14.4% | 18.7% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.86 | 91% |
| MSCI EAFE | 0.80 | 77% |
| MSCI Emg Mkts | 0.57 | 39% |
Liquidity Measures
| Avg. volume (000) | 2 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.28% |
| ADV of underlying (mns) | $46,570 |
Technical Indicators
| Recent close | $51.11 |
| 30d moving avg. | $52.62 |
| Annualized volatility | 15.8% |
| Relative strength (RSI) | 55 |
| Short interest (ETF) | 0.3% |
| Short interest (underlying) | 0.9% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. YLDE |
Expenses vs. YLDE |
ALTAR Score™ vs. YLDE |
|---|---|---|---|---|
| VIG | Vanguard Dividend Appreciation ETF | 34.4% | -54 bp | +0.7% |
| BBLU | EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF | 34.2% | -45 bp | +0.7% |
| DLN | WisdomTree U.S. LargeCap Dividend Fund | 34.2% | -32 bp | +0.9% |
| PFM | Invesco Dividend Achievers ETF | 33.9% | -7 bp | +0.4% |
| DGRO | iShares Core Dividend Growth ETF | 32.4% | -52 bp | +1.6% |
| DTD | WisdomTree U.S. Total Dividend Fund | 30.9% | -32 bp | +1.2% |
| OUSA | ALPS O'Shares U.S. Quality Dividend ETF | 30.7% | -12 bp | +1.0% |
| RAFE | PIMCO RAFI ESG U.S. ETF | 30.5% | -31 bp | +2.3% |
| DGRW | WisdomTree US Quality Dividend Growth Fund | 30.4% | -32 bp | +1.2% |
| BGIG | Bahl & Gaynor Income Growth ETF | 29.5% | -15 bp | +0.1% |
Risk and Returns: YLDE vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/20/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
YLDE
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
YLDE
5.0%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.6%. YLDE's ALTAR Score™ is approximately
0.2 standard deviations
below
the category average. This places YLDE in the 41st percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
YLDESELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active US Equity ETFs |
| # of ETFs | 308 |
| Avg. Expense Ratio | 67.1 bp |
| Std. Deviation | 37 bp |
| YLDE (60 bp) Percentile rank | 44 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| YLDE | 60.0 | 27.6 | 87.6 |
| Peer Avg. | 56.8 | 24.6 | 81.4 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .