BATS | ETF
Under normal circumstances, at least 80% of the fund's net assets will be invested in component securities of the benchmark index.
The benchmark index is designed to capitalize on the theory that, over time, companies that consistently grow their dividends tend to have investment returns above overall market returns, and companies that do not grow (or cut) their dividends tend to have investment returns below overall market returns.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AVGO | Broadcom Inc | Technology | Semiconductors | 6.59% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 5.13% |
| PWR | Quanta Services Inc | Industrials | Engineering & Construction | 4.25% |
| COST | Costco Wholesale Corp | Consumer Defensive | Discount Stores | 4.09% |
| KLAC | KLA-Tencor Corporation | Technology | Semiconductor Equipment & Materials | 3.67% |
| GRMN | Garmin Ltd | Technology | Scientific & Technical Instruments | 3.05% |
| MPWR | Monolithic Power Systems Inc | Technology | Semiconductors | 2.89% |
| MA | Mastercard Inc | Financial Services | Credit Services | 2.55% |
| CTAS | Cintas Corporation | Industrials | Specialty Business Services | 2.46% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 2.46% |
| HUBB | Hubbell Inc | Industrials | Electrical Equipment & Parts | 2.35% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 2.32% |
| GWW | WW Grainger Inc | Industrials | Industrial Distribution | 2.12% |
| CMI | Cummins Inc | Industrials | Specialty Industrial Machinery | 2.03% |
| APH | Amphenol Corporation | Technology | Electronic Components | 1.94% |
| MSCI | MSCI Inc | Financial Services | Financial Data & Stock Exchanges | 1.89% |
| VRSK | Verisk Analytics Inc | Industrials | Consulting Services | 1.78% |
| ETN | Eaton Corporation PLC | Industrials | Specialty Industrial Machinery | 1.74% |
| FAST | Fastenal Company | Industrials | Industrial Distribution | 1.68% |
| PHM | PulteGroup Inc | Consumer Cyclical | Residential Construction | 1.64% |