|Bid||58.55 x 3000|
|Ask||58.56 x 1100|
|Day's Range||58.29 - 58.76|
|52 Week Range||49.82 - 59.56|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||1.59%|
|Beta (5Y Monthly)||0.97|
|Expense Ratio (net)||0.06%|
After a stellar year, the SPDR S&P 500 ETF (SPY) continued to strengthen in 2020 and is already up 3.1% so far, breaking out with six new all-time highs in the first 12 trading days. Despite the strong gains, many investors still remain bullish on the equity market outlook. According to the survey, 76% of wealthy investors place a high grade on the U.S. economy, and there has been a 16% jump among investors whom expect the market to rise by as much as 5% this quarter.
Chances of a phase-one U.S. China trade deal is likely to be the main focus of investors before mid-December. Bet on dividend ETFs to steer clear of the uncertainty
The fate of the 'phase 1' U.S.-China trade deal remains uncertain. In such a situation, we highlight some ETF strategies to ride out the trade volatility.
Vanguard High Dividend Yield ETF VYM is one of the best options for investing in high-dividend-yielding stocks without taking on too much risk. Broad diversification and market-cap weighting help the fund balance current yield and risk and support the fund's Morningstar Analyst Rating of Silver. The fund tracks the FTSE High Dividend Yield Index.
Dividend yields recently surpassed those of benchmark Treasury notes for the first time since 2016, potentially providing further support for equity markets and dividend-paying stock exchange traded funds in this prolonged low-rate environment. According to Bank of America data, dividend yields for the S&P 500 index at 1.89% surpassed the yield of 10-year Treasuries at 1.5% for the first time in three years, CNBC reports. “Stocks are a ‘no brainer’ vs. bonds,” Bank of America analyst Savita Subramanian said in a note.
During volatile conditions, many opt to shift to cash in a knee-jerk reaction to shield a portfolio from further swings. However, investors should consider alternative exchange traded fund strategies as ...
Escalating trade war tensions are heightening the worries in the global market conditions. In the current scenario, we highlight some dividend ETFs to beat the heat.
With rates depressed and attractive yields hard to come by in the fixed-income market, investors may want to consider dividend-paying stocks and related ETFs. Goldman Sachs argued that dividend payers ...
As bond yields pulled back, income-minded investors can look to dividend exchange traded funds to generate some extra cash. For example, among the largest dividend-related ETFs on the market, the Vanguard ...
Investors who are concerned that the trade negotiations can breakdown into a full out trade war should look to dividend growers and related ETFs. “We are thinking about some of the drivers of profit growth going forward, and we are looking at some of the communication services stocks,” Avid Kostin, Goldman Sachs chief U.S. equity strategist, told CNBC. Goldman also screens for stocks with big dividends and low labor costs in portfolios for its own clients.
IBM has been on an uptrend so far this year, gaining 26.9%, and has outperformed the industry's average growth of 26% by a thin margin. The positive trend might continue if IBM beats earnings estimates.