SDY: Dividend Growth ETF With High Turnover And Poor Return
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The SPDR S&P Dividend ETF (SDY) is a dividend-focused ETF with 133 holdings, a 2.31% yield, and a 0.35% expense ratio. Despite its diversification and attractive valuation ratios, SDY's dividend growth rate is underwhelming, and it has underperformed its parent index and other dividend-growth ETFs.
November 06, 2024 | 9:45 am
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SDY, a dividend-focused ETF, offers a 2.31% yield and is diversified across sectors. However, its dividend growth rate is underwhelming, and it has underperformed its parent index and other dividend-growth ETFs.
SDY's underperformance relative to its parent index and other dividend-growth ETFs suggests potential short-term price pressure. Its dividend growth rate is also not compelling, which may deter investors seeking growth in dividends.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100