Review: DXG ETF Dynamic Active Global Dividend 2023


DXG ETF is a actively managed fund. The fund invests primarily in a diversified portfolio of equity securities of businesses located around the world that pay or are expected to pay a dividend or distribution. These securities are selected actively based on size, profitability and liquidity. 56% of the funds holdings are invested in US companies.

Should you buy DXG


  • I think combining both index ETFs and actively managed ETFs helps diversify the portfolio by reducing risk;
  • This ETF is a great option for an investor looking for an exposure to both US and international markets at the same time;
  • 5 Star rating (see Morningstar)
  • Fund outperformed both its peer in the category and the MSCI world index;
  • Low Beta of 0.84 meaning that this fund is lower than the overall market;
  • Sector diversification


  • Taxation wise: ETFs that invest in international markets incur withholding taxes;
  • If you’re looking to an exposure to the US market only, then other options such as index ETFs will be a good choice to save on MER;
  • This fund does not have monthly or quarterly dividend distribution. Dividends are either reinvested or paid once a year.

Key statistics

DXG Holdings


As at 11/30/21 
Hoya Corporation6.7
Ashtead Group PLC6.5
Microsoft Corp. Com6.0
Alphabet Inc. Cl A5.3
Accenture PLC Shs Class A5.0
Advanced Micro Devices Inc. Com4.9 Inc. Com4.8
Compagnie Financière Richemont SA4.8
Experian PLC4.4
Sika AG4.1

DXG ETF Sector Breakdown

23.0% Information technology

19.7% Consumer discretionary

14.2% Industrials

14.0% Financials

12.8% Health care

9.2% Communication services

4.1% Materials

2.9% Energy

Geographic breakdown

55.2% United States

12.4% Switzerland

10.9% United Kingdom

8.3% Ireland

6.7% Japan

3.3% France

3.1% Canada

As of November 30th