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5 High-Dividend ETFs Available Under $15

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If there’s any equity ETF segment that almost always comes to investors’ rescue, then it is dividend. And if it is priced low, what could be better? After all, the broader market is guilty of overvaluation (read: 6 Dividend ETFs That Beat S&P 500 in the 10-Year Bull Run).

U.S. markets have been on cloud nine since the start of the year. A dovish Fed and cues of improvement in the U.S.-China trade relation helped the S&P 500 eke out more than 12% gains this year.

In this northbound journey, stock valuation got elevated. Many are screaming that a steep correction is long overdue. This is especially true as analysts’ earnings estimates for Q1 and Q2 of 2019 are moving south (read: Is Market Overvalued? 5 Cheap Top-Ranked ETFs to Play (Revised)).

As investors poured in a lot of money to make the most of the rally, they may have run out of cash. Obviously, many must be on the lookout for ETFs that are still trading below $20 but have reasons to outperform in the days ahead.

We have thus zeroed in on some global high-dividend ETFs. After all, U.S. benchmark Treasury bond yields fell to its lowest level since early January on Mar 15 as U.S. government debt rates were on the way for two straight weeks of declines. As of Mar 15, the yield on benchmark U.S. Treasuries was 2.59%, down from this year’s high of 2.79% recorded on Jan 18.

In a nutshell, a high dividend feature clubbed with cheaper prices could make an intriguing investment choice at the current level. After all, with low-priced stocks, retail buyers would need less cash to join the market.

Also, stocks below $15 see huge profits as share price increase of a dollar adds to 6.7% in one’s portfolio. On the other hand, stocks priced at $100 or above see 1% or less gain if their share price rises by $1.

Thus, we highlight a few high-yield dividend ETFs and stocks under $15 that investors can keep a watch on in the days to come (see: all the World ETFs here).

Invesco S&P Global Dividend Opportunities Index ETF — $11.31

The underlying S&P Global Dividend Opportunities Index comprises securities that offer high dividend yields. It charges 64 bps in fees and yields 3.23% annually.

First Trust STOXX European Select Dividend Index Fund (FDD - Free Report) — $13.14

The underlying STOXX Europe Select Dividend 30 Index consists of 30 high dividend-yielding securities selected from the STOXX Europe 600 Index. It charges 60 bps in fees and yields about 4.59% annually.

Global X SuperDividend Emerging Markets ETF (SDEM - Free Report) — $14.22

The underlying MSCI Emerging Markets Top 50 Dividend Index tracks the performance of 50 equally-weighted companies that rank among the highest dividend yielding equity securities in Emerging Markets. It charges 66 bps in fees and yields 5.94% annually.

ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN — $14.74

The ETN is linked to the monthly compounded 2x leveraged performance of the MVIS US Mortgage REITs Index, reduced by accrued fees. It charges 40 bps in fees and 20.51% annually.

Global X SuperDividend Alternatives ETF (ALTY - Free Report) — $14.75

The underlying Indxx SuperDividend Alternatives Index tracks the performance of some of the highest dividend yielding securities in each category of alternative investments. It yields 7.09% annually. Its annual operating expense is 2.84%.

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