DGRW - DGRW: Not Much Of A Dividend Fund
2024-04-30 15:50:07 ET
Summary
- WisdomTree U.S. Quality Dividend Growth Fund (DGRW) has outperformed Schwab U.S. Dividend Equity ETF (SCHD) and the S&P 500 in total returns over the long term.
- DGRW's dividend history shows growth but also a decline in 2023, raising concerns about its ability to select the best dividend growers.
- DGRW's high representation of tech companies and low representation in financials and energy contribute to its lower dividend yield compared to SCHD.
- These factors make it unlikely to give satisfactory returns over the next decade, especially compared to funds with better yields.
The aver age dividend investor on Seeking Alpha might look at WisdomTree U.S. Quality Dividend Growth Fund ETF ( DGRW ) and wonder why they shouldn't just buy Sc hwab U.S. Dividend Equity ETF ( SCHD ), which appears to hold the mantle of being the most popular dividend ETF....
DGRW: Not Much Of A Dividend Fund