- An investment in DVY back in January made sense, as it was heavily weighted in the Financials sector, which I felt to be massively undervalued at the time.
- Five months later, with the sector recovering and driving most of DVY's gains this year, the circumstances have changed and it's time to re-evaluate the ETF based on its fundamentals.
- Unfortunately, these fundamentals are lacking, and I'm recommending investors exercise caution and possibly take profits, as I don't think the pace of outperformance this year can continue.
For further details see:
I'm No Longer High On DVY