iShares Dow Jones Select Dividend (ETF) (DVY)

Following money into large caps.

The general market has shown strength in equity returns the past year & has highlighted continued dollar weakness.

In general, the dividend ETFs have lagged partly due to the devaluation of the dollar.

At these higher price levels, I believe there will be downward pressure on equity prices &/or stronger dollar pressure. To have continued exposure to equities (or offset short positions) yet take advantage of short-midterm macro shift, I look to dividend ETFs.

I screened for dividend ETFs that have lagged the overall market, and eliminated dividend ETFs that either outperformed all the others in the above periods &/or eliminated ETFs that had too high exposure in the 3 primary sectors Information, Service, Manufacturing (according to morningstar). Also I ensured the remaining ETFs did not have higher than category avg weighting to Energy sector. These factors will inherently provide a defensive positioning in going long equities.

The yields on the funds

DVY 3.85%

SDY 3.81%

DLN 2.6%

VYM 3.04%

DTN 3.8%

good defensive play

Dividend paying industrials

Should beat the S&P over a long period of time. I doubt that I will ever sell it.

Definitely a good guy. Dividend yield of 8%, price is almost at the 52 week low, this IS the time to buy into this ETF. I bought in for $500 worth, going to sit on it for 20-30 years in my IRA and I know it will be a smooth criminal. :D

Divs are gold right now. This cheap right now.

Taking a nibble on an proven ETF winner. Long-term from these prices should be great and the yield while we wait will help 'juice' the return. This one will more or less track the market so don't expect any significant movement for a year plus. Why buy now? Start DRiPin' the dividend. Long-term outperform.

A great collection of dividend paying stocks that can be reinvested in this gem of an ETF. :-)

Expecting a short term rally

Can't beat dividends long term and especially with how bad the financial services sector is this ETF has nowhere to go but up. Reinvest the dividends for a great long term play. Perfect for a ROTH or IRA.

I love me some dividends

its all about the dvys.

Dividend ETF. Until this market makes a trend good dividends are a good place to be.

Suzy Orman told her viewers to add it to their Roth IRAs. Haha - so I'm adding it to my Roth IRA...

How will 'Select Dividend' stocks do worse than the regular S&P stocks? Outperform on this one.

Yield is ridiculous now. It'll come down as more of these companies cut their dividend. The market hasn't found a bottom yet, but these companies are less likely to crater than the average company in the current market cullings. So this is a green thumb mostly because I think this ETF will bleed less than SPY will.

please see PFF

7/21/08. Yields 5plus percent div. Big cap top div yielders.