Invesco Dow Jones Industrial Average Dividend ETF

DJD

Market cap $384M

Making its debut on 12/16/2015, smart beta exchange traded fund Invesco Dow Jones Industrial Average Dividend ETF (DJD) provides investors broad exposure to the Style Box - Large Cap Blend category of the market.

The Invesco Dow Jones Industrial Average Dividend ETF offers a yield-weighted blue-chip portfolio with a defensive sector tilt and moderate dividend yield. DJD trades at a significant discount to the S&P 500, reflecting its value sector overweight and limited exposure to high-growth technology stocks. While DJD's returns lag the S&P 500, it has outperformed most dividend ETF peers, with lower volatility and risk-adjusted returns in line with the Dow Jones Industrial Average.

Looking for broad exposure to the Large Cap Blend segment of the US equity market? You should consider the Invesco Dow Jones Industrial Average Dividend ETF (DJD), a passively managed exchange traded fund launched on December 16, 2015.

The Invesco Dow Jones Industrial Average Dividend ETF (DJD) was launched on 12/16/2015, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Blend category of the market.

I maintain a hold rating on DJD, as its performance is solid but not exceptional versus the broader market. DJD offers high-yield and low expenses, but faces risks from sector concentration, low liquidity, and modest growth prospects. Technical momentum is positive, yet the ETF struggles below key resistance, requiring bullish action to break higher.

If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the Invesco Dow Jones Industrial Average Dividend ETF (DJD), a passively managed exchange traded fund launched on 12/16/2015.

Making its debut on 12/16/2015, smart beta exchange traded fund Invesco Dow Jones Industrial Average Dividend ETF (DJD) provides investors broad exposure to the Style Box - Large Cap Blend category of the market.

Designed to provide broad exposure to the Large Cap Blend segment of the US equity market, the Invesco Dow Jones Industrial Average Dividend ETF (DJD) is a passively managed exchange traded fund launched on 12/16/2015.

The recent sell-off in major US stock indices has been largely driven by broader macroeconomic factors. Value stocks may not be able to provide a hedge against undiversifiable risks.

The Invesco Dow Jones Industrial Average Dividend ETF is invested in 28 companies of the Dow Jones, weighted based on yields. Compared to its parent index, DJD has similar risk-adjusted return, superior value characteristics and is more balanced across sectors. Compared to popular dividend ETFs, the track record of DJD is average. Dividend growth ETFs have performed better, while SCHD shows similar performance and risk with a higher yield.