- DHS screens not just on the basis of the indicated forward yield but also considers a composite risk score to weed out stocks with weak fundamentals and poor risk-adjusted returns.
- During a difficult 2020, the North American dividend distributions have been more resilient than the rest of the globe.
- DHS's top-10 holdings look largely well-stocked on the FCF front, setting the tone for prospective higher distributions of excess cash in 2021.
- From a sector perspective, DHS has some dominant defensive and cyclical qualities that could come in handy during an unsteady cyclical recovery.
- The ETF is currently witnessing strong momentum but there are some tough challenges ahead and this may limit sizeable gains from current levels.
For further details see:
DHS: A Well-Rounded Dividend-Themed ETF That Could Face Some Technical Barriers Ahead