AboutThe Franklin U.S. Quality Moat Dividend Index ETF seeks to replicate the performance of the Morningstar US Dividend Opportunity Index at a management fee of 0.25%. FDIV targets U.S. dividend-paying stocks with durable competitive advantages, strong growth, and high-quality characteristics for those seeking total return and long-term income and growth potential.
The ETF identifies companies categorized by Morningstar as having an 'economic moat', a competitive advantage that allows a company to maintain its market position and profitability over the long term (10-20 years), as well as those with sustainable dividends.
