VAL003Factor HubValue FactorsLow
Dividend Yield Factor
Tilts toward high-yield stocks whose recurring cash dividends anchor total return.
Formula
Score = Dividend YieldPerformance (Top-30 equal-weight long, monthly rebalance)
Annualized return
13.10%
Sharpe ratio
0.77
Max drawdown
-37.46%
Total return
242.52%
Cumulative performance（2016-09 … 2026-08）
2016 -10.6%2017 -16.7%2018 -2.8%2019 +32.0%2020 +29.0%2021 +28.0%2022 +33.3%2023 -7.9%2024 +9.3%2025 +28.7%2026 +25.9%
Current top-30 holdings
| # | Ticker | Company | Score |
|---|---|---|---|
| 1 | CCI | Crown Castle | 10.750 |
| 2 | FRT | Federal Realty | 10.740 |
| 3 | O | Realty Income | 10.130 |
| 4 | TPL | Texas Pacific Land | 9.960 |
| 5 | PLD | Prologis | 9.960 |
| 6 | ESS | Essex Property Trust | 9.940 |
| 7 | SPG | Simon Property Group | 9.850 |
| 8 | REG | Regency Centers | 9.840 |
| 9 | LNG | Cheniere Energy | 9.830 |
| 10 | PSX | Phillips 66 | 9.810 |
| 11 | SBAC | SBA Communications | 9.800 |
| 12 | DLR | Digital Realty | 9.620 |
| 13 | CVX | Chevron | 9.470 |
| 14 | WELL | Welltower | 9.420 |
| 15 | XOM | Exxon Mobil | 9.360 |
| 16 | AMT | American Tower | 9.330 |
| 17 | FANG | Diamondback Energy | 9.100 |
| 18 | PSA | Public Storage | 9.070 |
| 19 | EPR | EPR Properties | 9.040 |
| 20 | EXC | Exelon | 8.980 |
| 21 | AEE | Ameren | 8.980 |
| 22 | FE | FirstEnergy | 8.930 |
| 23 | KIM | Kimco Realty | 8.580 |
| 24 | WMB | Williams Companies | 8.350 |
| 25 | SRE | Sempra | 8.320 |
| 26 | EQIX | Equinix | 8.300 |
| 27 | KMI | Kinder Morgan | 8.240 |
| 28 | VICI | VICI Properties | 8.230 |
| 29 | AEP | American Electric Power | 7.860 |
| 30 | GIS | General Mills | 7.810 |
Holdings computed by the exact formula above at the latest month-end observation on the deterministic research panel (2026-08).
Data export
Exports include formulas, performance statistics, the 120-month series and current holdings — everything needed to replicate results locally.