FLVC ETF Analysis: Dividends, Returns NEO:FLVC

Analysis

Holdings Discussions Technicals Seasonals

Key stats

The fund aims to curate a portfolio of Canadian companies that provide stable income through high dividend yields while minimizing risk through low volatility. Stock selection is based on yield, ensuring that companies have been profitable over the last four quarters and are projected to remain over the next four quarters. A stable yield score is then calculated by adjusting stock yields based on their price and earnings volatility, reducing the yield for high-volatility stocks and increasing it for low-volatility ones. Price volatility is measured over the past 12 months, while earnings volatility is assessed using the past three years of realized earnings and two years of projected earnings. The fund selects 50 to 100 stocks using this method and weighs them accordingly, subject to concentration, turnover, and liquidity constraints. Derivatives may be used for both hedging and non-hedging purposes, as well as lending and short selling. The index is reconstituted annually and rebalanced quarterly.