DJD
Invesco Dow Jones Industrial Average Dividend ETF
The Invesco Dow Jones Industrial Average Dividend ETF follows an index comprising dividend-paying securities of the companies listed on the Dow Jones Industrial Average, weighted by yield.
Fund Basics
| Fund sponsor | Guggenheim |
| Category | US Equities |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 16, 2015 |
| Assets (mns) | $306 |
| Expense ratio | 7 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Committee |
| Weighting | Dividend |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| VERIZON COMMUNICATIONS INC | 10.7 % |
| WALGREENS BOOTS ALLIANCE INC | 9.2 % |
| 3M CO | 6.5 % |
| DOW, INC. | 6.3 % |
| INTL BUSINESS MACHINES CORP | 6.1 % |
| GOLDMAN SACHS GROUP INC | 4.5 % |
| AMGEN INC | 4.4 % |
| CHEVRON CORP | 4.2 % |
| COCA-COLA CO/THE | 4.0 % |
| JPMORGAN CHASE & CO | 3.8 % |
Constituent Breakdown
| Number of holdings | 27 |
| Herfindahl-Hirschman Index | 514 |
| Wgt avg mkt cap (mns) | $224,800 |
| Large cap (>$10bn) | 100.0% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 100.0 % |
Historical Performance
Standardized Annual Returns (as of 11/30/2023)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
|---|---|---|---|---|---|---|
| 3.1% | -0.7% | 4.8% | 8.9% | 7.3% | -- | 10.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.75 | 65% |
| MSCI EAFE | 0.79 | 66% |
| MSCI Emg Mkts | 0.49 | 28% |
Liquidity Measures
| Avg. volume (000) | 49 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.22% |
| ADV of underlying (mns) | $41,694 |
Technical Indicators
| Recent close | $43.33 |
| 30d moving avg. | $40.97 |
| Annualized volatility | 16.4% |
| Relative strength (RSI) | 52 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 1.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. DJD |
Expenses vs. DJD |
ALTAR Score™ vs. DJD |
|---|---|---|---|---|
| EDOW | First Trust Dow 30 Equal Weight ETF | 72.0% | +43 bp | -3.7% |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | 56.5% | +9 bp | -4.6% |
| DGRW | WisdomTree U.S. Quality Dividend Growth Fund | 40.3% | +21 bp | -4.5% |
| YLDE | ClearBridge Dividend Strategy ESG ETF | 34.7% | +53 bp | -5.1% |
| BBLU | EA Bridgeway Blue Chip ETF | 34.0% | +8 bp | -4.6% |
| SDEP | SFP Core Equity Strategy | 31.9% | -7 bp | -10.5% |
| OUSA | ALPS O'Shares U.S. Quality Dividend ETF | 31.2% | +41 bp | -4.2% |
| VYM | Vanguard High Dividend Yield Index ETF | 29.9% | -1 bp | -2.8% |
| MGV | Vanguard Mega Cap Value ETF | 28.8% | 0 bp | -3.4% |
| DIVL | Madison Dividend Value ETF | 28.4% | +58 bp | -4.6% |
Risk and Returns: DJD vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023E | 2024E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2022 | 2023E | Fwd Est | 2024E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/30/2023
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
DJD
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
DJD
10.5%
Cat. Avg
6.1%
Fund Category: US Equities
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 10.5% |
Recommendation
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
Category Overview
There are 896 funds in the US Equities category, with an average ALTAR Score™
of 6.1% and a standard deviation of
3.1%. DJD's ALTAR Score™ is approximately
1.4 standard deviations
above
the category average. This places DJD in the 92nd percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
DJD
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
| Latest price | |
| Change | |
| Volume | |
| Bid/Ask Spread | |
| Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| DJD | 7.0 | 21.6 | 28.6 |
| Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .