Designed to provide broad exposure to the Style Box - Large Cap Blend category of the market, the Invesco Dow Jones Industrial Average Dividend ETF (DJD) is a smart beta exchange traded fund launched on 12/16/2015.
Looking for broad exposure to the Large Cap Blend segment of the US equity market? You should consider the Invesco Dow Jones Industrial Average Dividend ETF (DJD), a passively managed exchange traded fund launched on December 16, 2015.
The Invesco Dow Jones Industrial Average Dividend ETF tracks dividend-paying Dow stocks, weighted by yield. DJD exhibits value characteristics versus DIA but has underperformed it since inception by 43 bps annualized. DJD has moderate sector risk but notable company-specific risk; the top 10 holdings comprise 57.3% of assets.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 15,200 | $839,320.93 | $961,476 | $122,155.07 | 14.55% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 10,022 | $461,806.37 | $633,089.74 | $171,283.37 | 37.09% |
Keebeck Wealth Management Keebeck Wealth Management LLC | 26,390 | $1.35M | $1.67M | $315,565.96 | 23.38% |
| RR rosemary richard WCG Wealth Advisors LLC | 46,094 | $2.75M | $2.91M | $155,106.31 | 5.63% |
Kimberly Cappellano Private Wealth Asset Management LLC | 46 | $2,540 | $2,903.75 | $363.75 | 14.32% |
| ARCA Exchange | US Country |
This company operates as an investment fund focused on providing its investors with the opportunity to gain exposure to dividend-paying equity securities of major U.S. companies. By primarily targeting assets that are part of the Dow Jones Industrial Average™, the fund aims to invest in 30 prominent U.S. companies that have met strict size, listing, and liquidity requirements. Such a strategy involves a disciplined approach to investment, concentrating at least 90% of the fund's total assets in securities that make up the underlying index. Despite its focused strategy on dividend-paying equities, it is important to note that the fund is classified as non-diversified. This classification implies a concentrated investment in fewer securities, which could lead to greater volatility and risk in certain market conditions. The emphasis on companies from the Dow Jones Industrial Average™ is indicative of the fund’s commitment to investing in established, high-quality companies with a consistent track record of dividend payment.
This product focuses on investing in the dividend-paying equity securities of companies listed in the Dow Jones Industrial Average™. The investment strategy centers around allocating at least 90% of the fund's total assets towards securities that comprise the underlying index, aiming to benefit from the consistent dividend payouts and potential capital appreciation of these well-established companies.
The fund operates as a non-diversified investment fund according to its portfolio allocation. This approach allows for a more concentrated investment in a select group of securities. Although this could increase risk through less diversification, it also offers the potential for higher returns by focusing on a curated selection of dividend-paying companies within the Dow Jones Industrial Average™.