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TDIV - TDIV: Getting More Defensive With Tech Exposure Makes Sense
First Trust NASDAQ Technology Dividend Index Fund
Main Thesis
The purpose of this article is to evaluate the First Trust NASDAQ Technology Dividend Index ETF (TDIV) as an investment option at its current market price. TDIV has seen a nice rise in the short term, but it has lagged more aggressive tech funds. Despite this under-performance, I find its relative value attractive now. With the Nasdaq index touching on historic highs, I believe investors who want to stay invested in the tech sector should take some risk off the table. Buying in to TDIV, which focuses on tech names who