ETF Overview
The SPDR S&P Dividend ETF (SDY), which seeks to track the S&P High Yield Dividend Aristocrats Index, focuses on U.S. stocks that have over 20 consecutive years of dividend growth. However, the selection criteria does not include any screening for a stock's payout ratio nor financial strength. Fortunately, SDY has limited concentration risk. SDY is currently undervalued. We think this is a good fund for investors seeking dividend growth.
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Fund Analysis
SDY’s focus on dividend growth is beneficial
SDY seeks to track the investment results of the S&P