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REFAvsDIVIETF Comparison

ETF 1
REFA

Columbia Research Enhanced International Equity ETF

This fund is part of
DM Large & Mid Cap
-0.17%
VS
ETF 2
DIVI

Franklin International Core Dividend Tilt Index ETF

This fund is part of
DM Large & Mid Cap
-0.17%

Columbia Research Enhanced International Equity ETF (REFA) and Franklin International Core Dividend Tilt Index ETF (DIVI) belong to the same industry segment: DM Large & Mid Cap. REFA's top 3 sector exposures are Industrials, Financials and Health Care. In contrast, DIVI's top sector exposures are Financials, Industrials and Information Technology. REFA is more expensive with a Total Expense Ratio (TER) of 0.32%, versus 0.09% for DIVI. REFA is up 6.42% year-to-date (YTD) with +$3K in YTD flows. DIVI performs better with 8.65% YTD performance, and +$228M in YTD flows. Run a side-by-side ETF comparison of REFA and DIVI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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REFA vs DIVI performance and flow charts

Performance

-2.00.02.04.06.0%Apr 1Apr 9Apr 16Apr 23Apr 30

Cumulative Flows

0 M2 M4 M6 M8 MApr 1Apr 9Apr 16Apr 23Apr 30

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 05/01/2026
1M3MYTD1Y3Y5Y
Perf.
REFA
DIVI
+1.38%+4.47%
+0.58%+3.11%
+6.42%+8.65%
n/a+31.16%
n/a+61.26%
n/a+88.62%
Flows
REFA
DIVI
+$1K+$8M
+$3K+$164M
+$3K+$228M
-+$619M
-+$1.55B
-+$1.82B
Volatility and drawdown
3M1Y3Y5Y
Volatility
REFA
DIVI
+20.50%+19.53%
n/a+13.19%
n/a+13.87%
n/a+13.85%
Max drawdown
REFA
DIVI
-10.47%-10.10%
n/a-10.10%
n/a-14.29%
n/a-20.34%
Max drawdown duration
REFA
DIVI
61d61d
n/a61d
n/a42d
n/a371d
Trading data

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REFA
DIVI
Last sale
5/4/2026 at 1:30 PM
$41.53
Previous close
05/01/2026
$42.13
Consolidated volume
05/01/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of April 30, 2026
1-year trailing difference

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REFA
DIVI
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 5/4/2026 at 1:30 PM
Live
Closed
REFA
DIVI
Last price
$41.53
1D performance
-1.42%
AuM$5.45 M$2.45 B
E/R0.32%0.09%
Characteristics
REFA
DIVI
Management strategyPassivePassive
ProviderColumbia Threadneedle InvestmentsFranklin Templeton
BenchmarkBeta Advantage Research Enhanced International Equity IndexMorningstar Developed Markets ex-North America Dividend Enhanced Select Index
N° of holdings184383
Asset class-Equities
Trailing 12m distribution yield
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Inception dateDecember 11, 2025June 1, 2016
ESGNoNo
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Exposure

Countries

REFA
Japan
23.77%
United Kingdom
16.06%
Germany
8.78%
France
8.69%
Switzerland
7.71%
Australia
7.64%
Other
27.35%
DIVI
Japan
21.91%
United Kingdom
14.04%
France
9.3%
Australia
8.58%
Switzerland
8.49%
Germany
7.73%
Other
29.94%

Sectors

REFA
Industrials
21.86%
Financials
18.1%
Health Care
10.68%
Materials
7.34%
Other
42.02%
DIVI
Financials
26.83%
Industrials
15.15%
Information Techn.
8.36%
Consumer Discreti.
8.21%
Health Care
7.51%
Other
33.94%

Diversification

REFA

Total weight of top 15 holdings out of 15

34.39%
DIVI

Total weight of top 15 holdings out of 15

19.13%

Top 15 holdings

Data as of March 31, 2026
REFA
ASML HOLDING
4.98%
NOVARTIS
3.47%
CH1499059983
3.33%
BHP GROUP LTD
3.08%
SHELL PLC
2.38%
ASTRAZENECA
2.19%
HITACHI
2.17%
SONY GROUP CORPORATION
2.14%
MITSUBISHI
1.94%
DEUTSCHE TELEKOM AG
1.79%
SIEMENS ENERGY AG
1.68%
SAFRAN
1.46%
TOKIO MARINE HOLDINGS
1.33%
BRITISH AMERICAN TOBACCO
1.25%
BNP PARIBAS
1.20%
DIVI
ASML HOLDING
2.79%
ASTRAZENECA
1.44%
NESTLE SA
1.42%
CH1499059983
1.40%
HSBC HOLDINGS
1.40%
TOYOTA
1.30%
NOVARTIS
1.26%
BRITISH AMERICAN TOBACCO
1.08%
SANOFI SA
1.07%
BNP PARIBAS
1.02%
SIEMENS
1.00%
INTESA SANPAOLO
1.00%
BHP GROUP LTD
1.00%
MITSUBISHI UFJ FINANCIAL GROUP
0.99%
ENEL GLOBAL TRADING
0.94%
Frequently asked questions about REFA and DIVI

How have the REFA and DIVI ETFs performed in 2026?

As of May 1, 2026, REFA is up 6.42% year-to-date (YTD), while DIVI has returned 8.65%. That puts DIVI better performer ahead so far this year.

Which ETF is attracting more investor money: REFA or DIVI?

Year-to-date, the REFA ETF saw +$3K in flows, compared to +$228M for DIVI.

Which ETF is bigger: REFA or DIVI?

As of May 1, 2026, REFA holds $5.45 M in assets under management (AUM), while DIVI manages $2.45 B.

What sectors do the REFA and DIVI ETFs invest in?

REFA leans toward sectors like Industrials, Financials and Health Care. Meanwhile, DIVI focuses on Financials, Industrials and Information Technology.

What are the top holdings of the REFA ETF and DIVI ETF?

REFA top holdings include ASML HOLDING, NOVARTIS and CH1499059983. DIVI holds in its top three: ASML HOLDING, ASTRAZENECA and NESTLE SA.

Which ETF is more diversified: REFA or DIVI?

REFA holds 192 securities with 34.39% of its assets in the top 15. DIVI has 404 securities and a top 15 weight of 19.13%.

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