Not All Dividend ETFs Are Created Equal
It's important to look beyond these funds' label and understand what is in the tin.
A version of this article appeared in the July 2017 issue of Morningstar ETFInvestor. Download a complimentary copy of ETFInvestor here.
Exchange-traded products that are labeled with the "dividend-screened/weighted" attribute within Morningstar's strategic-beta taxonomy represent the largest contingent of this universe as measured by assets under management. As of the end of May 2017, these funds collectively held $162 billion of investors' assets. This represents 26% of the $620 billion in the broader strategic-beta group.
Ben Johnson does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.