See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
First Trust S&P International Dividend Aristocrats ETF (FID) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
First Trust S&P International Dividend Aristocrats ETF (FID) - free report >>
Image: Bigstock
Dividend ETF (FID) Hits New 52-Week High
For investors seeking momentum, First Trust S&P International Dividend Aristocrats ETF (FID - Free Report) is probably on radar. The fund just hit a 52-week high, and is up 20.4% from its 52-week low price of $14.93 per share.
But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea on where it might be headed:
FID in Focus
This product offers exposure to high dividend-yielding, non-U.S. companies that have followed a managed-dividends’ policy of increasing or maintaining payouts for at least 10 consecutive years. It has key holdings in financials, consumer discretionary, utilities and industrials that account for double-digit exposure each. It charges investors 60 basis points a year in fees (see: all the World ETFs here).
Why the Move?
The dividend corner of the broad investing world has been an area to watch lately given the market volatility arising from trade deal uncertainty. Dividend-paying securities are the major sources of consistent income for investors, creating wealth when returns from the equity market are at risk. This is because the companies that offer dividends act as a hedge against economic uncertainty and provide downside protection by offering outsized payouts or sizable yields on a regular basis.
More Gains Ahead?
It seems that FID will remain strong given a higher weighted alpha of 12.30 and a lower risk as depicted by a 20-day volatility of 6.13%. As a result, there is definitely some promise left for investors who want to ride on this surging ETF a little further.
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 >>