# TBG (TBG Dividend Focus ETF)

Madison Avenue Financial Solutions · Stock ETFs · U.S. large-cap value · data as of Nov 4, 2026

TBG returned +27.3% over the year to Nov 4, 2026, charges 0.45% a year and holds $260m in net assets on Jul 31, 2026.

Promise check: Not measured. It names no index it tracks. https://etfiq.com/promise-index/stocks/

TBG is actively managed and returned +27.3% over the past year.

## Key facts

- TBG, total return, 1 year: +27.3%, as of Nov 4, 2026.
- TBG, expense ratio: 0.45%, as of Jul 17, 2026.
- TBG, holdings: 37, as of Jul 31, 2026.
- TBG, below its high: 0.0%, as of Nov 4, 2026.
- TBG, 12-month yield, capital gains included, on its starting price: 3.1%, as of Nov 4, 2026.
- TBG, last payment (paid quarterly), ex-date Sep 28, 2026: $0.2556, as of Sep 28, 2026.
- TBG, net assets: $260m (SEC filing, whole fund, as filed for Jul 31, 2026).

## TBG over each window to Nov 4, 2026

| Window | Total return | S&P 500 (SPY) |
| --- | --- | --- |
| 1 month | +10.9% | −1.0% |
| 3 months | +5.0% | −0.1% |
| 6 months | +12.2% | +5.0% |
| Year to date | +22.4% | +13.3% |
| 1 year | +27.3% | +14.8% |
| Since launch | +74.0% | +82.0% |
| Since launch, annualised | +20.3% | – |

## TBG key stats

- 52-week high, daily closes to Nov 4, 2026: $40.05 on Nov 4, 2026 (computed by ETFIQ from Tiingo daily prices)
- 52-week low, daily closes to Nov 4, 2026: $32.50 on Nov 6, 2025 (computed by ETFIQ from Tiingo daily prices)
- Close on Nov 4, 2026, within that range: $40.05, 100% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)
- Holdings: 37
- Top ten weight: 36.1%

## TBG trading

- Not scored.
- The full trading page: https://etfiq.com/funds/tbg/trading/

## TBG for holders outside the US

- US tax withheld on dividends, no treaty: 30% (<https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf>)
- Treaty rates on dividends (IRS table, read Oct 30, 2026): 65 countries, 10% to 30% (<https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables>)
- TBG interest-related and short-term gain dividends: not read by ETFIQ
- US estate tax filing threshold, non-resident holders: $60,000 (<https://www.irs.gov/instructions/i706na>)
- Share class: Distributing (<https://etfiq.com/learn/non-us-holders>)

Facts from the IRS, not tax advice.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Equity fund | ETFIQ |
| Category | Stocks · U.S. large-cap value | ETFIQ |
| Expense ratio | 0.45% | 497 XBRL, Jul 17, 2026 |
| Price | $40.05 | ETFIQ |
| First traded | Nov 7, 2023 | ETFIQ |
| Net assets | $260m | SEC filing, whole fund, as filed for Jul 31, 2026 |
| Benchmark | Its own holdings, as of Jul 31, 2026; its shareholder report compares it with the S&P 500 Index, but its daily returns fit VOO's at R-squared 0.0941 over the year to Nov 4, 2026 (251 days), under the 0.35 it needs to return to it | ETFIQ, from its filings |
| TBG, Jul 31, 2026 to Oct 30, 2026 | +4.01% | ETFIQ |
| Its book of Jul 31, 2026, the same days | +4.49% | ETFIQ, measured on 91% of the book by weight |
| Against its own holdings | −0.48 pts | ETFIQ |
| Stated benchmark | S&P 500 Index (from its shareholder report), priced by VOO | secondary |
| TBG, 1 year to Nov 4, 2026 | +27.3% | secondary |
| VOO, the same days | +14.8% | secondary |
| Against its stated benchmark, 1 year | +12.5 pts | secondary |
| Daily R-squared against VOO, 1 year to Nov 4, 2026 | 0.09 | secondary |
| Below its high | 0.0% | ETFIQ |
| Holdings | 37 | ETFIQ |
| Top ten weight | 36.1% | ETFIQ |
| Cash, not in the top ten | 5.2% | ETFIQ |
| Holdings as of | Jul 31, 2026 | SEC N-PORT |
| Already in the S&P 500, by weight | 68.7% | ETFIQ |
| Active share vs the S&P 500 | 91.2% | ETFIQ |
| Already in the Nasdaq-100, by weight | 17.0% | ETFIQ |

## Questions

### How has TBG performed?

Over the year to Nov 4, 2026, TBG returned +27.3% with distributions reinvested.

### What does TBG cost?

The prospectus expense ratio is 0.45% a year.

### What does TBG hold?

37 positions as filed for Jul 31, 2026, with the top ten at 36.1% of the fund. 69% of its weight is in stocks the S&P 500 also holds.

### How far is TBG below its high?

0.0% below its high of Nov 4, 2026, measured on the reinvested series to Nov 4, 2026.


## Cite this page

ETFIQ, TBG, stock fund, data as of Nov 4, 2026. https://etfiq.com/funds/tbg
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

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