DVY - Dividend ETFs gain on the back of rising COVID cases worldwide

Investors have seen an uptick in dividend-related exchange traded fund returns heading into Wednesday’s closing bell. After Tuesday’s market decline and further news that COVID cases have increased globally, certain market participants have looked to the dividend space.From a global standpoint, new COVID cases climbed for the eighth consecutive week, and there were over 5.2 million new cases reported last week as well, according to the data from the World Health Organization. Market participants that may be cautious of potential market turmoil may look to add to dividend-related positions to provide a bit of safety to their portfolio.Below are a handful of dividend-related exchange traded funds and their performance so far heading into the market close.SPDR S&P Dividend ETF (SDY): +1.34%.iShares Select Dividend ETF (DVY): +1.32%. ProShares S&P 500 Dividend Aristocrats ETF (NOBL): +1.28%.Vanguard Dividend Appreciation ETF (VIG): +0.84%.Furthermore, see a chart performance of the above ETFs over the past six months and how they have fared against each other.In

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Dividend ETFs gain on the back of rising COVID cases worldwide