Main Thesis
The purpose of this article is to evaluate the iShares Select Dividend ETF (DVY) as an investment option at its current market price. Despite generally viewing this fund favorably in the past, I have shifted to a more neutral sentiment, making me reluctant to recommend it going forward. Specifically, I am concerned over the lack of protection DVY provided in the latest sell-off, which was a consistent theme across the high dividend ETF landscape. Further, the fund's decline in income in Q2, on a year-over-year comparison, makes me question the strength