On a case-by-case basis, the demise of dividend exchange traded funds appears to be greatly exaggerated. Yes, the energy sector is paring payouts and a feverish pace and S&P 500 dividend growth is expected to decline this year, but some payout funds are proving sturdy amid equity market volatility early this year.
That includes the Elkhorn FTSE RAFI U.S. Equity Income ETF (BATS: ELKU), which debuted about two months ago. Since them, the Elkhorn FTSE RAFI U.S. Equity Income ETF has been nearly 400 basis points less bad than the S&P 500.
ELKU tracks the FTSE RAFI U.S. Equity Income Index, “which is designed to measure the performance of high yield stocks in the United States which have been screened to target sustainable income. ...
/www.benzinga.com/trading-ideas/long-ideas/16/02/6373535/new-dividend-etf-proves-to-be-a-worthy-hideout alt=New Dividend ETF Proves To Be A Worthy Hideout>Full story available on Benzinga.com
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