Invesco Dow Jones Industrial Average Dividend ETF (DJD) offers exposure to Large Cap Blend segment.
From Nasdaq: 2024-12-30 06:20:06
The Invesco Dow Jones Industrial Average Dividend ETF (DJD) offers exposure to the Large Cap Blend segment of the US equity market. Sponsored by Invesco, it has assets over $319.20 million and an expense ratio of 0.07%. Top holdings include Verizon Communications Inc, Chevron Corp, and Cisco Systems Inc. The ETF has a 12-month trailing dividend yield of 2.25%. Sector exposure is highest in Information Technology, followed by Financials and Healthcare.
Large cap companies are known for their stability and consistent cash flows, with market capitalization typically above $10 billion. Blend ETFs like DJD hold a mix of growth and value stocks, offering characteristics of both types of equities.
The Invesco Dow Jones Industrial Average Dividend ETF aims to match the performance of the Dow Jones Industrial Average Yield Weighted index, which focuses on high-yielding equity securities in the Dow Jones Industrial Average. It has gained about 13.48% this year and 13.28% in the last year, with a beta of 0.82 and standard deviation of 13.71% for the trailing three-year period.
Investors seeking exposure to the Large Cap Blend segment may also consider alternatives like the iShares Core S&P 500 ETF (IVV) and the SPDR S&P 500 ETF (SPY), which track similar indexes with different expense ratios and assets under management.
Passively managed ETFs like DJD are popular among retail and institutional investors for their low costs, transparency, and tax efficiency. For more information on ETF investing and to receive key ETF updates, visit the Zacks ETF Center and subscribe to the Zacks Fund Newsletter.
Read more at Nasdaq: Should Invesco Dow Jones Industrial Average Dividend ETF (DJD) Be on Your Investing Radar?