DAK ETF — Dakota Active Equity ETF

Dakota Active Equity ETF (DAK)

Updated October 16, 2026.

DAK is an ETF. its distribution rate is 0.78%, its trailing-12-month yield is 0.81%, its expense ratio is 0.43%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 20.6% over the past 1.2 years, 1.3 points behind SPY at 21.9%.

Dakota Active Equity ETF is an actively managed exchange-traded fund that invests at least 80% of its assets in U.S. equity securities, either directly or through other ETFs, with a non-diversified portfolio structure. The fund carries a modest current distribution rate paid quarterly and has an expense ratio of 0.43%. It appeals to equity income investors seeking active management of U.S. stock exposure with regular income distributions.

DAK performance versus SPY

Price and return data through 2026-10-16.

Total return is 20.6% over the past 1.2 years, 1.3 points behind SPY at 21.9%. Its deepest 1-year drawdown was 7.9%.

DAK key facts

Distribution Safety Score™

50 · Unproven

Issuer

Dakota Wealth, LLC

Asset type

ETF

Asset class

Equity

Inception date

07/29/2025

Expense ratio

0.43%

Distribution rate

0.78%

Distribution frequency

Quarterly

Trailing yield

0.81%

Last close

$29.75 (as of 2026-10-16)

AUM

$44,387,016

Average volume

92.0

Dividend

$0.058

Ex-dividend date

09/28/2026

Payment date

09/30/2026

Beta

0.865

How Dividend Vision calculates yield and returns

Distribution rate (0.78%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.81%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Dakota Wealth, LLC; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DAK risks and drawbacks

DAK's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.9%.

Who may consider DAK — and who may not

It is a weaker fit for investors who need monthly cash flow (DAK pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on DAK

• All tickers starting with D

Tagged: Active.

Frequently asked questions

More securities from Dakota Wealth, LLC.