![]() ![]() That’s because rather than weighting holdings by price, the underlying index ranks them by dividend yield. But even mixing the same ingredients, the Guggenheim Dow Jones Industrial Average Dividend ETF has a slightly different flavor than a straightforward Dow index fund. This ETF tracks the Dow Jones Industrial Average Yield-Weighted index, which comprises Dow stocks that have paid dividends over the past four quarters. Guggenheim Dow Jones Industrial Average Dividend ETF In addition to beating the S&P 500, the fund’s 20.0% one-year return clobbered the performances of the Wilshire 5000 Total Market index (18.5%) and the Russell 1000 stock index (17.6%). The fund seeks to track the performance of the Dow, not beat it, but lately that’s been good enough to beat broader, better-diversified market barometers. ![]() Firms with the highest stock prices take the top spots in the portfolio, with Goldman Sachs ( GS), 3M ( MMM) and Boeing ( BA) recently leading the way. Like the index it tracks, the exchange-traded fund devotes 88% of assets to giant-size firms (those with more than $89 billion in assets), compared with 40% for the average large-company stock fund. SPDR Dow Jones Industrial Average ETF holds all 30 stocks in the average and has tracked its performance accurately since the fund began in 1998. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.The most straightforward way to invest in the Dow is to, well, invest in the Dow. NASDAQ data is at least 15 minutes delayed. NYSE and AMEX data is at least 20 minutes delayed. Real time prices by BATS. Delayed quotes by FIS. Visit to get our data and content for your mobile app or website. Visit Performance Disclosure for information about the performance numbers displayed above. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. The monthly returns are then compounded to arrive at the annual return. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. These returns cover a period from Januthrough July 31, 2023. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. and Morningstar, Inc.Ĭopyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. ![]() We also saw some price movement as XPP slumped 4.6% in the last session on renewed real estate crisis in China. This leveraged China ETF was in the spotlight as around 60,500 shares moved hands compared with an average of 12,000 shares a day. ( XPP Quick Quote XPP - Free Report) : Volume 5.04 Times Average This compares with an average trading volume of roughly 31,0000 shares and came as PWV gained about 0.33% in the last trading session as rates surged in the United States which is beneficial for value stocks and ETFs. large-cap value ETF was under the microscope as about 96,000 shares moved hands. ( PWV Quick Quote PWV - Free Report) : Volume 3.10 Times Average This could make these ETFs the ones to watch out for in the days ahead to see if this trend of extra-interest continues. In fact, both these funds experienced volume levels that were more than double their average for the most-recent trading session. Two more specialized ETFs are worth noting as both saw trading volume that was far outside of normal. Among the top ETFs, ( SPY Quick Quote SPY - Free Report) declined 0.02%, ( DIA Quick Quote DIA - Free Report) gained about 0.5% while ( QQQ Quick Quote QQQ - Free Report) moved 0.5% lower on the day. In the last trading session, Wall Street was mixed in behavior. ![]()
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