QDIV selects S&P 500 Index stocks that rank in the top 200 on both dividend yield and quality, as determined by return on equity, accruals ratio, and leverage. The strategy seems reasonable, but QDIV has only attracted $31 million in assets under management since its launch seven years ago. Its failure to resonate with investors has me curious. I found QDIV's weighting scheme to be the most likely culprit, and based on early reports from Global X, it looks like the decision to equal-weight components was flawed.
| ISE Exchange | US Country |
This fund is primarily focused on investing in companies that are part of the S&P 500® Index, but with an emphasis on those that demonstrate high quality and dividend yield characteristics. The goal is to provide investors with exposure to leading U.S. equity securities, carefully selected based on criteria set by Standard & Poor's Financial Services LLC, who also serves as the provider of the underlying index. By committing at least 80% of its total assets to the securities of the underlying index, the fund ensures its investments align closely with its strategy to focus on quality and dividend-yielding stocks.
The primary offering of this fund is its investment strategy that focuses on two key characteristics: high quality and dividend yield. Below is a further breakdown of the services and products offered: