description iShares Select Dividend ETF (DVY) Overview
The iShares Select Dividend ETF (DVY) offers a broader approach to dividend investing, targeting companies with high dividend yields. While this strategy can generate immediate income, it also carries higher risk due to the potential for lower-quality companies and fluctuating payouts. DVYs strength lies in its large asset base and relatively low expense ratio.
help iShares Select Dividend ETF (DVY) FAQ
What index does the iShares Select Dividend ETF DVY track?
DVY seeks to track the Dow Jones U.S. Select Dividend Index, which focuses on relatively high-dividend-paying U.S. stocks. It is an exchange-traded fund from iShares rather than a single dividend stock.
Does DVY guarantee a steady dividend payment?
No. DVY distributes income from its holdings, but the amount can change and companies can reduce or eliminate dividends. A high current yield can also reflect falling share prices or pressure on a company's finances.
Is DVY a total-market ETF?
No. DVY applies a dividend-focused screen, so its sector mix and holdings can differ substantially from a broad-market fund such as VTI. Its emphasis is income-oriented U.S. equities, not full-market representation.
How is DVY different from SCHD or VYM?
DVY tracks the Dow Jones U.S. Select Dividend Index, while SCHD tracks the Dow Jones U.S. Dividend 100 Index and VYM tracks the FTSE High Dividend Yield Index. The three funds can overlap, but their screening rules, sector weights, holdings, and fees are not identical.
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