XDIV

Fund Description
XDIV is an NYSE Arca-listed exchange traded fund that seeks long term returns by replicating the price returns of the SPDR S&P 500 ETF (SPY) while being credited up front for the 10-years of ordinary dividends via a lower initial purchase price, as represented by the Solactive US Ex-Dividends Index Series 2027. The Solactive U.S. Equity Ex-Dividends Index Series 2027 (the Ex-Dividends Index , the Index ) is an Index of Solactive AG and is calculated and distributed by Solactive AG. The Ex-Dividends Index aims to represent the current value of 0.5 shares of SPDR S&P 500 ETF ( SPY ), less the current value of ordinary cash dividends expected to be paid on the S&P 500 Index until the Fund s maturity as represented by the Solactive U.S. Equity Cumulative Dividends Index - Series 2027 (the Dividend Index ). The Dividend Index aims to represent the discounted present value of all listed annual S&P 500 Dividend Index Futures contracts ( S&P 500 Dividend Futures Contracts ) out to and including the December 2027 dividends futures expiry.
Fund Profile
Fund Name US Equity EX Dividend Fund-Series 2027
Fund Exchange Ticker XDIV
Fund Sponsor Metaurus Advisors
Fund ISIN US59140L2097
Net Expense Ratio 0.52 %
Fund Inception Date 5 February 2018
Fund Legal Structure Limited Partnership
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Broad Market & Size
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Solactive US Ex-Dividends Index Series 2027
Index Provider Solactive AG
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 17 January 2019
Asset Under Management 13.11 Million (USD)
1 Month Total Return 0.66 %
Year To Date Return 5.67 %
1 Year Total Return
3 Year Annualized Total Return
NAV 52.44
Share Outstanding 250,000
Top 10 Holdings (17 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
B 04/11/19 BOND
S&P 500 FUTURE MAR19 FUTR
S&P 500 Annl Div Dec27 FUTR
S&P 500 Annl Div Dec26 FUTR
S&P 500 Annl Div Dec25 FUTR
S&P 500 Annl Div Dec24 FUTR
S&P 500 Annl Div Dec19 FUTR
S&P 500 Annl Div Dec20 FUTR
S&P 500 Annl Div Dec21 FUTR
CASH CASH