Is WisdomTree U.S. Quality Dividend Growth ETF (DGRW) a Strong ETF Right Now?
From Nasdaq: 2024-05-01 06:20:07
The WisdomTree U.S. Quality Dividend Growth ETF (DGRW) is a Smart Beta ETF launched in 2013 that provides exposure to the Large Cap Value category. Smart beta funds offer non-cap weighted strategies based on specific fundamental characteristics to potentially beat the market. DGRW has a total of $12.30 billion in assets and aims to match the WisdomTree U.S. Quality Dividend Growth Index.
This ETF has an operating expense ratio of 0.28% with a 12-month trailing dividend yield of 1.71%. It has the heaviest allocation to the Information Technology sector at 29.50%, with top holdings including Microsoft Corp (MSFT), Apple Inc (AAPL), and Abbvie Inc (ABBV). DGRW has seen a 4.33% rise this year and 16.95% in the last year, trading between $61.43 and $76.30 in the past 52 weeks.
For investors seeking alternatives to DGRW, iShares Core Dividend Growth ETF (DGRO) and Vanguard Dividend Appreciation ETF (VIG) are viable options. DGRO tracks the Morningstar US Dividend Growth Index, while VIG tracks the NASDAQ US Dividend Achievers Select Index. DGRO has $26.45 billion in assets with an expense ratio of 0.08%, while VIG boasts $75.69 billion in assets with an expense ratio of 0.06%.
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