HIDV

AB US High Dividend ETF

$79.02
+0.00%
Market closed. Last update: 11:44 PM ET

📎 Investment Objective

The AB US High Dividend ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the AB US High Dividend Index, which is designed to track the performance of high dividend-yielding U.S. equity securities.

Overview

ETF tracking AB US High Dividend ETF

Category Value
Issuer Other
Inception Date 2023-03-22
Market Cap $126.4M
Average Volume N/A
Dividend Yield 2.30%
52-Week Range $60.49 - $80.47
VWAP $79.17

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The AB US High Dividend ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the AB US High Dividend Index, which is designed to track the performance of high dividend-yielding U.S. equity securities.

🎯 Investment Strategy

The ETF invests primarily in a portfolio of equity securities that are included in the AB US High Dividend Index. The index is composed of U.S. companies that have historically provided high dividend yields. The fund's portfolio is rebalanced and reconstituted quarterly.

✨ Key Features

  • Focuses on U.S. equities with high dividend yields
  • Seeks to track the performance of the AB US High Dividend Index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Equity market risk as the fund invests in stocks
  • Concentration risk as the fund is focused on high dividend-paying companies
  • Lack of diversification compared to a broad market index fund
  • Limited performance history makes it difficult to evaluate long-term returns

👤 Best For

This ETF may be suitable for investors seeking exposure to high dividend-yielding U.S. equities as part of a diversified portfolio. It could be of interest to income-oriented investors, but the lack of performance history means it may not be appropriate for all risk profiles.