DDIV tracks a concentrated large/mid-cap Index with a momentum focus and a dividend overlay. Its yield is 2.07%, its ER is 0.60%, and the ETF has $79 million in assets. Unique for a value fund is DDIV's 1.25 five-year beta. A historical six-year backtest also indicates substantial losses are possible, contrary to the approach taken by many dividend investors. While DDIV's risk-adjusted returns are not strong, it has outperformed its benchmark since its Index change on September 8, 2016. It might be attractive to value investors seeking quick gains.
This week's ETF Wrap takes you inside the rally in dividend-paying equity ETFs as investors seek to position for President-elect Donald Trump's second term in the White House.