● LAUNCHED Trading on Nasdaq since early September 2026, inception September 3. Payment history will be charted here from the first distribution.
Status comes from our daily sweep of new US listings plus SEC records. A green LAUNCHED badge means it's live and our launch tracker has logged it.
What HQDG Does, Per the Prospectus
HQDG is Raub Brock Capital Management — a California investment firm — bringing its dividend growth strategy to the ETF wrapper, listed on Nasdaq under Tidal Trust IV with an inception date of September 3, 2026. The mandate is actively managed large-cap dividend growth: equity of large-capitalization companies the manager believes show high quality characteristics and the potential for sustainable dividend growth. Total annual operating expenses are 0.50%.
Two things stand out against the launches we usually log. First, the lane: many of the new income ETFs we catch are option-income products chasing double-digit yields, while HQDG is the opposite bet — a payout meant to grow rather than start big, the same philosophy behind names like SCHD, but with a human picking the stocks instead of an index screen. Second, the size: the fund was already holding roughly $75 million within its first week, unusually large for a debut listing.
One relationship worth stating precisely, because it will confuse people: Raub Brock also runs a mutual fund under the same strategy name (ticker RBDGX). Same manager, same label — but the ETF's own SEC filing describes HQDG as a recently organized fund with no operating history. Legally the ETF starts from zero, and its record does not inherit the mutual fund's. Whatever the older fund did is the manager's résumé, not this fund's track record.
What Nobody Can Know Yet
A week-old fund has no distributions, no real yield, and no record in this wrapper — any income figure you hear this early is a guess dressed as a number. The honest version: the schedule is quarterly, the amount is unknown until the first declaration, and dividend-growth funds typically start with modest payouts by design. We chart every payment of every fund we track from its very first one; HQDG's page in that library begins the day it declares. The open risk is the one every active fund carries: the pitch is the manager's judgment, and judgment only shows up in the record after years, not weeks.
One email the day a new income fund launches — nothing else, ever. We watch the issuers' own sites continuously; you hear before the videos exist.
Frequently Asked Questions
When did HQDG launch?
Early September 2026 on Nasdaq — inception September 3, and it appeared on new-listing feeds September 4. Our net sweep flagged it and this page went up the same week. The launch tracker shows everything else on the runway.
What does HQDG pay?
Amount unknown until it declares; schedule disclosed as quarterly in the prospectus. Expect the dividend-growth pattern — a starting payout that aims to rise over years — rather than the high starting yields of the option-income launches we usually log. The first distribution gets charted here the day it exists — no estimates before then.
Is HQDG the same fund as RBDGX?
No. Same manager, same strategy name, legally separate funds. The ETF's SEC prospectus calls HQDG recently organized with no operating history, so nothing from the mutual fund's past carries over to this ticker. If you're evaluating the manager, the mutual fund's public record exists; if you're evaluating this ETF, its record starts with check one, here.