Is iShares Select Dividend ETF (DVY) a Strong ETF Right Now?
The article examines DVY, a smart beta ETF managed by BlackRock that tracks the Dow Jones U.S. Select Dividend Index. With $23.53 billion in assets and a 0.38% expense ratio, DVY offers exposure to high-dividend-yielding large-cap stocks with a 3.25% trailing dividend yield. The fund has delivered 16.28% returns and trades at medium risk (beta 0.66). However, cheaper alternatives like SCHD (0.06% expense ratio) and VTV (0.03% expense ratio) are available for cost-conscious investors.