- An investor with a principal focus on U.S equities who wants more safety in terms of valuation coupled with a nice above-market yield should take a look at DVY.
- DVY is mostly defensive in nature since it is overweight in utilities and consumer staples that occupy first and third places in the sector hierarchy and together account for 35.2%.
- The high share of the NAV allocated to banks and insurance companies is not a risk-increasing factor but likely the contrary.
- DVY delivered alpha in the last six months thanks to the capital rotation, and it will continue performing better than the S&P 500 if the economic data remains supportive.
For further details see:
DVY: Cheaper Than S&P 500, With A Nice 3.6% Yield