With ongoing economic uncertainty, investors are increasingly turning to exchange-traded funds (ETFs) like the SPDR Portfolio S&P 500 High Dividend ETF (SPYD) for their stability and income potential. SPYD, launched in 2015, offers access to 80 high-yield blue-chip stocks and has an annualized return of 9.4%. Despite a 6.24% decline year-to-date, it has performed better than the S&P 500 and Nasdaq. The fund's 4.6% dividend yield exceeds both the S&P 500 average and treasury bills, making it an appealing option during market volatility.
Investing in passive income ETFs like SPYD can offer a stable refuge for investors amid ongoing economic uncertainty, as these funds reduce sector-specific risks.
SPYD, with its yield of 4.6%, stands out in the current market, offering better dividends than the S&P 500 average and treasury bills.
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