DDX ETF — Defined Duration 10 ETF

Defined Duration 10 ETF (DDX)

DDX is a low-cost ETF. its distribution rate is 3.65%, its trailing-12-month yield is 3.33%. Dividend Vision Distribution Safety Score™ is 72/100 (Generally safe). Total return is 14.2% over the past 5 years, 76.3 points behind SPY at 90.5%.

At the current 3.65% distribution rate, a $10,000 investment would generate approximately $365 per year, or about $91.25 per quarter if the next payment matches the last regular one.

Defined Duration 10 ETF is a fixed-income ETF that tracks or holds a portfolio of bonds designed to maintain a specific duration profile. The fund distributes income on a quarterly basis and currently carries a modest distribution rate. This ETF appeals to fixed-income investors seeking steady income with controlled interest rate sensitivity through its defined duration strategy.

DDX performance versus SPY

Price and return data through 2026-09-21.

Total return is 14.2% over the past 5 years, 76.3 points behind SPY at 90.5%. Over the past year its total return — price change plus distributions reinvested — is 7.9%. Its deepest 1-year drawdown was 4.4%.

DDX key facts

Distribution Safety Score™

72 · Generally safe

Safety-Adjusted Yield

2.63%

Issuer

Discipline Funds

Asset type

ETF

Asset class

Fixed Income

Inception date

09/20/2021

Distribution rate

3.65%

Distribution frequency

Quarterly

Trailing yield

3.33%

Last close

$25.20 (stale; as of 2026-09-21)

AUM

$74,462,518

Average volume

2120.0

Last dividend

$0.23

Last ex-dividend date

06/29/2026 (as of 2026-06-29)

Last payment date

06/30/2026 (as of 2026-06-30)

Beta

0.3487

How Dividend Vision calculates yield and returns

Distribution rate (3.65%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.33%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. 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.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Discipline Funds; 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.

DDX risks and drawbacks

DDX'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 4.4%.

Who may consider DDX — and who may not

DDX may suit someone looking for low-cost broad dividend exposure, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (DDX 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.

Frequently asked questions

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