SPDR S&P Dividend (ETF) (AMEX:SDY)

divedend

As the economy recovers, the chasing yield "fad" will continue.

places like this offer average capital appreciation with roughly double the normal dividend rate...its hard to lose with a pick like this

Dividends

SP500 + Yield. Easy outperform.

I'm not clear how this could underperform the S&P

caps arbitrage attempt

Long term dividend play

Safe pick. Won't beat the S&P without a little risk

Focused on dividend paying companies within the S&P 500 that are growing ... I like that!

Consumer sentiment vs. market conditions-------> Choosing more dividend paying stocks.

whim

div etf

Looks good enough to me

simply watchlist for a personal strat i'm curious about

look at the largest heavy-weight appreciated stocks in the world...the biggest amongst the biggest that have appreciated strongly in past 9-11 years.
More specifically have done decently in keeping its appreciated value in past year and past 5 years.

And with this list you have automatically the most large expensive stocks

These are highly likely to underperform the index the next 5 years as reality of growth expectations will catch up to the them as the world continues to evolve.

The big market caps to short:
UTX, APPL, MMM, ORCL, AMZN, CAT, SU

As the index beats these over time, it will be beaten by a wider margin by dividend ETFs
Dividend ETFs to buy (to offset the shorts):
VYM, DLN, FVD, DTN, SDY, FDL, PEY

Dividend aristocrat fund. This is the number 1 safety play out there for a dangerous market.

The companies in this index are less crooked than the average S&P 500 company.

good dividend yield avoids a lot of the problems of the very large cap stocks

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%