Analyse: SPDR S&P US Dividend Aristocrats ETF

Dieser Aktien-ETF ist nach der Dividendenrendite gewichtet, begrenzt das Risiko allerdings mit einer breiten Streuung. 

Alastair Kellett 28.09.2012
Facebook Twitter LinkedIn

Rolle im Portfolio

The SPDR S&P US Dividend Aristocrats ETF provides exposure to a subset of the U.S. equity market focusing on companies that have been consistent in paying out dividends to their shareholders. It is quite concentrated at the sector level, with 31.4% of the total in Consumer Staples stocks, and broadly diversified at the security level, with holdings limited to 4% each. The focus on companies that pay out earnings rather than reinvesting them tends to tilt the index away from growth names. Indeed, the fund lands in the Core-Value area of the Morningstar Style Box. Since 2000, the S&P High Yield Dividend Aristocrats Index, which is the benchmark for this fund, has experienced annual volatility of 15.4%, a little less than the broader S&P 500. That suggests investors should have a lengthy time horizon in mind when taking on this exposure, so that they can withstand the ups and downs. During the same period it has shown a correlation to the S&P 500 of 76%, and to the local-currency returns of the MSCI World Index of 70%. This fund, which pays out quarterly dividends received from its underlying constituents, could be suitable for investors looking for regular income while maintaining exposure to equities.

Fundamentale Analyse

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

Um diesen Artikel zu lesen, müssen Sie sich anmelden

Hier geht es zur kostenlosen Registrierung
Facebook Twitter LinkedIn

Über den Autor

Alastair Kellett  Al Kellett is an ETF analyst with Morningstar Europe.

Audience Bestätigung

Auf unserer Websites werden Cookies und andere Technologien verwendet. Damit können wir Ihre Präferenzen nachhalten und Ihnen eine optimale Nutzung unserer Website ermöglichen. Weitere Informationen finden Sie unter Cookie-Optionen.

  • Andere Websites Morningstar