Opal’s Perspective: Why IDVZ is Gaining Attention in a Volatile Market
- Opal Capital
- Aug 29
- 5 min read
At Opal Capital, we design strategies that help advisors and investors navigate uncertainty with confidence. Recently, the Opal International Dividend Income ETF (IDVZ) was highlighted in ETF Edge¹ for its strong performance and unique approach to dividend investing. IDVZ exemplifies how we deliver solutions that provide global diversification, resilient income, and a forward-looking approach to portfolio construction.
The Market Backdrop
In today’s environment, volatility isn’t just an occasional headline—it’s part of the investing landscape. Geopolitical tensions, rising interest rates, and fluctuating oil prices have put pressure on traditional income strategies. Many investors are left searching for yield without taking on unnecessary risk.
How IDVZ Addresses the Challenge
IDVZ is actively managed to capture opportunities in dividend-paying companies outside the United States. By focusing on 40–60 high-quality, income-generating names, the fund seeks to outperform traditional benchmarks while delivering attractive yields. As of July 29, 2025:
● Top holdings include HSBC (3.42%), TSMC (3.62%), and Orange(4.31%).² (subject to change)
● Financials lead sector exposure at 10.06%.
● Expense ratio is 0.75%.
● Performance: 12.37% return over 6 months; 19.37% since inception return.
Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. Market price performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. NAV price performance is determined using the daily calculated NAV. They do not represent the returns you would receive if you traded shares at other times.
Call 877-774-TRUE (8783) for performance data current to the most recent month end. Click here to view or download the factsheet for quarter-end standardized performance.
These total returns are based on the closing market price of the ETF on July 29,2025. Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.
This structure provides investors with access to international dividend streams while maintaining a disciplined approach to risk.
“In an environment where traditional income strategies are under strain, IDVZ offers a way to diversify globally without sacrificing stability,” says Austin Graff, Co-Founder and CIO at Opal Capital.
“Our focus is on identifying companies with sustainable dividends and growth potential, which we believe positions investors well through changing market cycles.”
Why This Matters for Advisors
For advisors, IDVZ offers:
Diversification beyond U.S. markets, reducing domestic concentration risk.
Enhanced yield potential, critical when clients seek stable income streams.
Active risk management, giving you confidence in portfolio resilience.
IDVZ is built to help you deliver an elevated client experience. One that balances opportunity with disciplined oversight.
The Bottom Line
At Opal, we believe income strategies need to evolve alongside the market. IDVZ represents our commitment to forward-thinking portfolio design, helping advisors and investors capture growth and income where it matters most.
Read the full ETF Edge coverage here →
² For additional holdings information please visit https://www.t rue-shares.com/idvz/
Control #TRUE256
Investors will incur usual and customary brokerage commissions when buying or selling shares of the exchange-traded funds in the secondary market, and that, if reflected, the brokerage commissions would reduce the performance returns.
Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
Dividends are not guaranteed.
Before investing, investors should consider the Fund’s investment objectives, risks, charges,and expenses. The prospectus, or summary prospectus, containing this and other information may be obtained by visiting www.true-shares.com and should be read carefully prior to investing.
The Fund may not achieve its objective and/or you could lose money on your investment in the Fund. The Fund is recently organized with no operating history for prospective investors to base their investment decision which may increase risks. Some of the Fund’s key risks, include but are not limited to the following risks.
Opal International Dividend Income ETF is also subject to the following risks: As an ETF, the Fund is exposed to the additional risks, including: ETF Risks. As an ETF, the Fund is exposed to the additional risks, including: (1) concentration risk associated with Authorized Participants, market makers, and liquidity providers; (2) costs risks associated with the frequent buying or selling of Fund shares; (3) market prices may differ than the Fund’s net asset value; and (4) liquidity risk due to a potential lack of trading volume.
(5) Dividend Paying Security Risk. Securities that pay high dividends as a group can fall out of favor with the market, causing these companies to underperform companies that do not pay high dividends. Dividends may also be reduced or discontinued.
(6) Equity Market Risk. Common stocks are susceptible to general stock market fluctuations and to volatile increases and decreases in value as market confidence in and perceptions of their issuers change based on various and unpredictable factors including but not limited to: expectations regarding government, economic, monetary and fiscal policies; inflation and interest rates; economic expansion or contraction; and global or regional political, economic and banking crises.
(7) Market Capitalization Risk. The Fund may invest is securities across market cap ranges. The securities of large-capitalization companies may be relatively mature compared to smaller companies and therefore subject to slower growth during times of economic expansion and may also be unable to respond quickly to new competitive challenges, such as changes in technology and consumer tastes. The securities of mid-capitalization companies may be more vulnerable to adverse issuer, market, political, or economic developments than securities of large-capitalization companies and generally trade in lower volumes and are subject to greater and more unpredictable price changes than large capitalization stocks.
(8) Depositary Receipts Risk. American Depositary Receipts (“ADRs”) have risks similar to those of foreign securities (political and economic conditions, changes in the exchange rates, etc.) and entitle the holder to all dividends and capital gains that are paid out on the underlying foreign shares. A Global Depositary Receipt (GDR) is a negotiable certificate issued by a bank that represents shares in a foreign company. The risk associated with GDRs is that they can be traded in multiple countries, which can lead to a number of potential issues, including liquidity and fees.
Paralel Distributors LLC is the distributor for IDVZ. Paralel, Opal Capital, and TrueShares are not affiliated.