Overview
Description
XACT Nordic High Dividend Low Volatility (UCITS) ETF is a Swedish-domiciled exchange-traded fund launched in 2017 and managed by Xact Kapitalförvaltning AB. It aims to replicate the performance of the Handelsbanken Nordic High Dividend Low Volatility Criteria Index by investing in a diversified basket of Nordic companies known for paying high dividends while exhibiting low volatility across market capitalizations. The fund focuses on stocks from various sectors within the Nordic region excluding companies involved in controversial weapons, coal extraction, or international standard violations. It distributes dividends quarterly, with a current yield near 4.8%, and maintains a low expense ratio of 0.30%. With assets under management of approximately 13.6 billion SEK, it serves as a passive investment vehicle offering exposure to quality dividend-paying equities in the Nordic market, balancing income generation with risk control through a multi-factor, smart beta strategy.
About
Instrument type
ETF
Country
Sweden
MIC code
XSTO