SPDR S&P Global Dividend ETF (WDIV)
For investors seeking a global exposure, WDIV seems an intriguing pick. This fund follows the S&P Global Dividend Aristocrats Index, which measures the performance of the companies that have raised dividends for at least 10 years consecutively. The product is an overlooked choice, having amassed just $73 million in AUM. It charges an annual fee of 40 bps. Volume is light under 10,000 shares a day on average, resulting in higher trading costs.
Holding 103 stocks, WDIV also provides a nice balance across each component with none holding more than 2.62% share. Financials and utilities take the top two spots at 24% and 15%, respectively, while consumer staples, industrials and energy make up for next three spots with 10% share each. The fund has gained 2.3% so far this year and has a Zacks ETF Rank of 3 or with Low risk outlook. The fund yields about 4% annually.
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