Cullen Enhanced Equity Income ETF (DIVP)

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The chart shows the growth of an initial investment of $10,000 in Cullen Enhanced Equity Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Cullen Enhanced Equity Income ETF (DIVP) has returned 3.87% so far this year and 5.68% over the past 12 months.

Based on dividend-adjusted daily data since Mar 7, 2024, DIVP's average daily return is +0.04%, while the average monthly return is +0.72%. At this rate, your investment would double in approximately 8.1 years.

Historically, 64% of months were positive and 36% were negative. The best month was Jul 2024 with a return of +4.9%, while the worst month was Dec 2024 at -6.5%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 2 months.

On a daily basis, DIVP closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +5.3%, while the worst single day was Apr 4, 2025 at -5.3%.

Cullen Enhanced Equity Income ETF has an annualized alpha of 2.90%, beta of 0.48, and R² of 0.41 versus S&P 500 Index. Calculated based on daily prices since March 08, 2024.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (57.54%) than losses (54.75%) — typical of diversified or defensive assets.
• Beta of 0.48 may look defensive, but with R² of 0.41 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.41 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

DIVP has an expense ratio of 0.55%, placing it in the medium range.

DIVP ranks 24 for risk / return — below 24% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Cullen Enhanced Equity Income ETF (DIVP) and compare them to a chosen benchmark (S&P 500 Index).

Cullen Enhanced Equity Income ETF provided a 5.90% dividend yield over the last twelve months, with an annual payout of $1.53 per share.

The table displays the monthly dividend distributions for Cullen Enhanced Equity Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Cullen Enhanced Equity Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Cullen Enhanced Equity Income ETF was 12.26%, occurring on Apr 8, 2025. Recovery took 71 trading sessions.

The current Cullen Enhanced Equity Income ETF drawdown is 4.45%.

The chart below shows the rolling one-month volatility.