Invesco Dow Jones Industrial Average Dividend ETF (DJD)
Invesco Dow Jones Industrial Average Dividend ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $63.86, up 0.42% on the session, giving a market capitalisation of $457.6M. Its beta of 0.59 implies it has historically moved less than the broad market.
The Invesco Dow Jones Industrial Average Dividend ETF (Fund) aims to replicate the performance of the Dow Jones Industrial Average Yield Weighted Index. A substantial portion, at least 90%, of the Fund's total assets will be invested in the common stocks that constitute this underlying index. The index is specifically engineered to offer investors access to dividend-generating equity securities within the Dow Jones Industrial Average, with their weighting determined by their dividend yield over the prior twelve months. Crucially, inclusion in the index requires securities to have demonstrated a consistent record of dividend payments throughout the preceding year. Both the Fund's portfolio and the index's composition are adjusted semi-annually.
Invesco Dow Jones Industrial Average Dividend ETF is most often compared with the following Financial Services names: