Is WisdomTree U.S. LargeCap Dividend ETF (DLN) a Strong ETF Right Now?
From Nasdaq: 2024-05-20 06:20:07
The WisdomTree U.S. LargeCap Dividend ETF (DLN) was launched in 2006, offering exposure to the Large Cap Value category. Smart beta ETFs like DLN aim to outperform traditional market cap weighted indexes by selecting stocks based on certain fundamental characteristics.
DLN has $4.01 billion in assets and seeks to replicate the WisdomTree U.S. LargeCap Dividend Index. With an expense ratio of 0.28% and a 12-month dividend yield of 2.21%, DLN has a heavy allocation in Information Technology, with top holdings in Microsoft, JPMorgan Chase, and Apple.
Year-to-date, DLN has gained 9.88% and 21.03% over the last 12 months. With a beta of 0.88 and standard deviation of 13.82%, DLN is a medium-risk option with 303 holdings that effectively diversify company-specific risk.
Investors seeking alternatives to DLN can consider iShares Russell 1000 Value ETF (IWD) or Vanguard Value ETF (VTV). IWD has $56.44 billion in assets and an expense ratio of 0.19%, while VTV has $117.23 billion in assets and charges 0.04%.
To explore more ETF options like DLN, visit Zacks ETF Center. Receive key ETF updates and top-performing ETF analysis with Zacks’ free Fund Newsletter. For the latest stock recommendations, download Zacks’ 7 Best Stocks for the Next 30 Days report.
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