Dividend Performers ETF (IPDP)
Dividend Performers ETF operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $20.52, up 0.22% on the session, giving a market capitalisation of $22.3M. Its beta of 1.48 implies it has historically moved more than the broad market.
The investment strategy of the Dividend Performers ETF is bifurcated. It primarily invests in U.S. equity securities that pay dividends. Concurrently, it employs credit spread options on either an S&P 500 exchange-traded fund or the S&P 500 Index. The fund retains the option to also invest in equity real estate investment trusts (REITs). A credit spread, as an options strategy, entails buying one option and simultaneously selling another from the same class and with the same expiration date, but with differing strike prices.
Dividend Performers ETF is most often compared with the following Financial Services names: