- Issuer
- Eventide
- Inception Date
- Sep 30, 2024
- Category
- Large Cap Value Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
- Assets Under Management
- $151M
Share Price Chart
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Performance
ELCV Performance Chart
Eventide High Dividend ETF (ELCV) is up 24.1% since the beginning of the year. ELCV is currently trading at $33 per share.
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Returns By Period
Eventide High Dividend ETF (ELCV) has returned 24.13% so far this year and 34.47% over the past 12 months.
Eventide High Dividend ETF
- 1D
- 1.29%
- 1M
- 4.15%
- YTD
- 24.13%
- 6M
- 23.69%
- 1Y
- 34.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
ELCV Monthly Returns History
Based on dividend-adjusted daily data since Oct 1, 2024, ELCV's average daily return is +0.08%, while the average monthly return is +1.53%. At this rate, an investment would double in approximately 3.8 years.
Historically, 67% of months were positive and 33% were negative. The best month was Apr 2026 with a return of +7.2%, while the worst month was Dec 2024 at -8.2%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.
On a daily basis, ELCV closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +5.2%, while the worst single day was Apr 4, 2025 at -5.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.92% | 6.01% | -2.46% | 7.21% | 1.57% | 4.08% | 24.13% | ||||||
| 2025 | 4.35% | -0.83% | -2.22% | -3.33% | 3.03% | 3.25% | 1.76% | 1.78% | 2.11% | -0.72% | 2.07% | -1.39% | 9.96% |
| 2024 | 1.20% | 6.96% | -8.21% | -0.64% |
Benchmark Metrics
Eventide High Dividend ETF has an annualized alpha of 7.94%, beta of 0.69, and R2 of 0.55 versus S&P 500 Index. Calculated based on daily prices since October 01, 2024.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (81.82%) than losses (44.23%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 7.94% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.69 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 7.94%
- Beta
- 0.69
- R²
- 0.55
- Upside Capture
- 81.82%
- Downside Capture
- 44.23%
Expense Ratio
ELCV has an expense ratio of 0.49%, placing it in the medium range.
Return for Risk
Risk / Return Rank
ELCV ranks 91 for risk / return — in the top 91% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Eventide High Dividend ETF (ELCV) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ELCV | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.87 | ||
| Sortino ratioReturn per unit of downside risk | +1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.37 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 6.86 | 2.78 | +4.07 |
| Martin ratioReturn relative to average drawdown | 23.99 | 12.44 | +11.55 |
Dividends
Dividend History
Eventide High Dividend ETF provided a 1.72% dividend yield over the last twelve months, with an annual payout of $0.56 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.56 | $0.62 | $0.07 |
Dividend yield | 1.72% | 2.34% | 0.29% |
Monthly Dividends
The table displays the monthly dividend distributions for Eventide High Dividend ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.07 | ||||||
| 2025 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.18 | $0.62 |
| 2024 | $0.07 | $0.07 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Eventide High Dividend 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 Eventide High Dividend ETF was 18.38%, occurring on Apr 8, 2025. Recovery took 121 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -18.38%Apr 2025 | 2mo 16d | 5mo 26d | 8mo 12dJan 2025 - Oct 2025 |
2024 correction2024 | -10.31%Dec 2024 | 24d | 1mo 3d | 1mo 27dNov 2024 - Jan 2025 |
2026 pullback2026 | -5.05%Mar 2026 | 17d | 20d | 1mo 7dMar 2026 - Apr 2026 |
2025 pullback2025 | -3.96%Nov 2025 | 1mo 18d | 8d | 1mo 26dOct 2025 - Nov 2025 |
2024 pullback2024 | -3.42%Nov 2024 | 20d | 3d | 23dOct 2024 - Nov 2024 |
Drawdown Indicators
| ELCV | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.38% | -56.78% | +38.40% |
Max Drawdown (1Y)Largest decline over 1 year | -5.05% | -9.10% | +4.05% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -3.66% | -10.71% | +7.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.44% | 2.03% | -0.59% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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