For investors looking for momentum, Legg Mason International Low Volatility High Dividend ETF (LVHI - Free Report) is probably a suitable pick. The fund just hit a 52-week high — up roughly 18.6% from its 52-week low of $23.42/share.
Does it have more gains in store? Let’s take a look at the fund and its near-term outlook to gain an insight into where it might be headed:
LVHI in Focus
The underlying QS International Low Volatility High Dividend Hedged Index is composed of equity securities of developed markets outside the United States with relatively high yield, low price and earnings volatility while mitigating exposure to fluctuations between the values of the U.S. dollar and other international currencies. The fund charges 40 bps in fees and yields 4.17% annually (see all Broad Developed World ETFs here).
Why the Move?
Policy easing by many economies have kept demand high for international dividend ETFs. Though global markets are rallying hard, a trade deal between the United States and China has not been signed yet. The coming year is due for a lot of uncertainty stemming from the Brexit outcome, U.S. presidential election and further progress on the U.S.-China trade relation. So, no wonder, investors are betting big on this international low-volatility dividend ETF.
More Gains Ahead?
The fund also has a positive weighted alpha of 7.30, which gives cues of further rally.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
For investors looking for momentum, Legg Mason International Low Volatility High Dividend ETF (LVHI - Free Report) is probably a suitable pick. The fund just hit a 52-week high — up roughly 18.6% from its 52-week low of $23.42/share.
Does it have more gains in store? Let’s take a look at the fund and its near-term outlook to gain an insight into where it might be headed:
LVHI in Focus
The underlying QS International Low Volatility High Dividend Hedged Index is composed of equity securities of developed markets outside the United States with relatively high yield, low price and earnings volatility while mitigating exposure to fluctuations between the values of the U.S. dollar and other international currencies. The fund charges 40 bps in fees and yields 4.17% annually (see all Broad Developed World ETFs here).
Why the Move?
Policy easing by many economies have kept demand high for international dividend ETFs. Though global markets are rallying hard, a trade deal between the United States and China has not been signed yet. The coming year is due for a lot of uncertainty stemming from the Brexit outcome, U.S. presidential election and further progress on the U.S.-China trade relation. So, no wonder, investors are betting big on this international low-volatility dividend ETF.
More Gains Ahead?
The fund also has a positive weighted alpha of 7.30, which gives cues of further rally.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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