Is WisdomTree U.S. Total Dividend ETF (DTD) a Strong ETF Right Now?

From Nasdaq: 2024-04-16 06:20:05

The WisdomTree U.S. Total Dividend ETF (DTD) is a smart beta exchange traded fund that offers exposure to the Large Cap Value category of the market. It was launched in 2006 and is managed by Wisdomtree, with over $1.17 billion in assets. The fund seeks to match the performance of the WisdomTree U.S. Dividend Index, with an expense ratio of 0.28%.

Smart beta ETFs are non-cap weighted indexes that aim to beat the market through stock selection based on specific fundamental characteristics. DTD’s heaviest sector allocation is in Financials at 18.50%, followed by Information Technology and Healthcare. Top holdings include Microsoft Corp, Jpmorgan Chase & Co, and Apple Inc. The ETF has a trailing dividend yield of 2.30%.

With a performance of 3.76% year-to-date and 12.62% in the last year, DTD has a beta of 0.91, making it a medium-risk choice with 826 holdings. Investors seeking alternatives may consider Schwab U.S. Dividend Equity ETF or Vanguard Value ETF. For more information on ETFs, visit Zacks ETF Center and sign up for Zacks’ free Fund Newsletter.



Read more at Nasdaq: Is WisdomTree U.S. Total Dividend ETF (DTD) a Strong ETF Right Now?