DOGG
FT Vest DJIA Dogs 10 Target Income ETF
📎 Investment Objective
The FT Vest DJIA Dogs 10 Target Income ETF (DOGG) seeks to provide a high level of current income by investing in the 10 highest-yielding stocks in the Dow Jones Industrial Average (DJIA).
Overview
ETF tracking FT Vest DJIA Dogs 10 Target Income ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The FT Vest DJIA Dogs 10 Target Income ETF (DOGG) seeks to provide a high level of current income by investing in the 10 highest-yielding stocks in the Dow Jones Industrial Average (DJIA).
🎯 Investment Strategy
The fund employs a 'Dogs of the Dow' strategy, which involves investing in the 10 DJIA stocks with the highest dividend yields. The portfolio is rebalanced annually to maintain exposure to these high-yielding blue-chip stocks.
✨ Key Features
- Focuses on the 10 highest-yielding stocks in the DJIA
- Aims to generate a high level of current income through dividends
- Employs a passive, rules-based 'Dogs of the Dow' investment approach
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is limited to only 10 stocks
- Potential for underperformance compared to the broader DJIA
- Dividend payments are not guaranteed and may be reduced or suspended
- Exposure to market volatility and economic conditions affecting the DJIA
👤 Best For
This ETF may be suitable for income-oriented investors seeking a high-yielding portfolio of large-cap U.S. stocks. It could be used as a component of a diversified portfolio, but investors should be aware of the concentrated nature of the fund's holdings.