Positive
Seeking Alpha
1 month ago
SDIV: High Dividend, High Momentum, Yet Something Doesn't Add Up
SDIV is a global equal-weight high-dividend equity ETF with an expense ratio of 0.58%, well covered by a dividend yield today above 9%. The strategy extremeizes dividend yield at the expense of quality in stock selection. The stocks that compose it are highly dependent on financial leverage: an element that today gives it momentum given global monetary expectations.