TROW - My Best Dividend Aristocrats For February 2024
2024-01-30 00:21:38 ET
Summary
- The ProShares S&P 500 Dividend Aristocrats ETF ends its recent good run in January, through the 26th, the ETF is down 0.32%.
- I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term.
- After 30 months of tracking these strategies, one of the strategies is beating NOBL and SPY, while the other two remain very close.
2023 Review
Last year finished on a strong note, the ProShares S&P 500 Dividend Aristocrats ETF ( NOBL ) tacked on 5.24% in December bringing its final return for 2023 to 8.12%. While this return was below the long-term running average for the ETF it was a respectable finish given how the year played out. At the end of October, the ETF was sitting with a 3.62% loss and it looked like it was on pace to post its worst annual return on record.
NOBL has not been known to kick off the year on a positive note, during 6 out of the last 10 January the Fund posted a negative return. 2024 is thus far shaping out to extend this poor streak, through January 26th, NOBL is down 0.32%, but it could still push into positive territory in the final 3 trading days of the month....
My Best Dividend Aristocrats For February 2024