VYM - RDIV: Reasonable Dividend ETF But Better Choices Are Out There

2024-01-23 12:22:15 ET

Summary

• Invesco S&P Ultra Dividend Revenue ETF is an index fund investing in high-yield U.S. equities with a 4.1% dividend yield.
• The RDIV ETF is more expensive than similar dividend ETFs with lower expenses, such as VYM and SCHD.
• Although RDIV does have some benefits and advantages, its peers seem stronger.

The Invesco S&P Ultra Dividend Revenue ETF ( RDIV ) is an index exchange-traded fund, or ETF, investing in sixty high-yield, mid-cap and large-cap U.S. equities. RDIV offers investors an above-average 4.1% dividend yield and a cheap valuation, but is a bit more expensive than average, with a 0.39% expense rate....

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