Not Just Dividends, SuperDividends: The Global X DIV ETF March 15, 2021
Fixed income investors seeking more than the staid, but steady Treasury note rates don’t have to venture too far down the yield curve with the
DIV seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx SuperDividend® U.S. Low Volatility Index. The fund invests at least 80% of its total assets in the securities of the underlying index.
The underlying index tracks the performance of 50 equally-weighted common stocks, including Master Limited Partnerships (‘MLPs’) and Real Estate Investment Trusts (‘REITs’) that rank among the highest dividend yielding equity securities in the United States.
Longing For Yield? Check Out This Pair of Global X ETFs February 2, 2021
The Federal Reserve wasn’t expected to make a move higher on interest rates to start the new year, which kept yield-hungry investors starving. The
SDIV seeks investment results that correspond generally to the price and yield performance of the Solactive Global SuperDividend Index, which tracks the performance of 100 equally-weighted companies that rank among the highest dividend-yielding equity securities in the world, including emerging market countries. The fund is one of several products designed to offer exposure to a basket of dividend-paying equities, but one of few that combines this objective with a global scope.
MIDSTREAM RISES LAST WEEK WHILE RENEWABLES LAG
Last week, the Alerian MLP ETF (AMLP) surged over 9% on the heels of a 16% gain from its Gathering & Processing MLPs. Crude oil gained roughly 2% last week after OPEC + (Organization of the Petroleum Exporting Cooperation + Russia) agreed to a smaller than expected increase in its daily crude output with planned monthly meetings to reassess the quota as the pandemic plays out into 2021.
Since the end of October, AMLP has returned over 40% as midstream energy infrastructure continues its price recovery with the market’s rotation to value stocks. The price of crude oil has jumped over 27% during the same period with optimism growing that COVID-19 vaccines will begin to be rolled out by year-end.