Dividend ETF (FDD) Hit a New 52-Week
First Trust STOXX European Select Dividend ETF FDD is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 28.2% from its 52-week low price of $10.99/share.
Is First Trust STOXX European Select Dividend ETF (FDD) a Strong ETF Right Now?
Launched on 08/27/2007, the First Trust STOXX European Select Dividend ETF (FDD) is a smart beta exchange traded fund offering broad exposure to the European Equity ETFs category of the market.
FDD: Alluring 6.5% Yield But Dismal Performance From This U.K.-Heavy ETF
FDD aggregates 30 high-yield European stocks that were screened for dividend growth and dividend coverage. The UK, the Netherlands, and Germany are the key countries represented. Financial sector stocks account for 54.2%. There is no exposure to IT, consumer staples, health care, or real estate. FDD's strategy has delivered dismal returns in the past, with a negative annualized return over September 2007–June 2024.
