AAM S&P Developed Markets High Dividend Value (DMDV)

ETF AAM S&P Developed Markets High Dividend Value (SPDV)

Profile:

• Focus: Invests in high-dividend-paying stocks of large and mid-sized companies in developed markets outside the U.S.
• Asset allocation: Approximately 80% in equities, 20% in cash and equivalents.
• Investment strategy: Tracks the S&P Developed Ex-U.S. High Dividend Value Index, aiming to replicate its performance before fees and expenses.

Objective:

• Generate high current income through dividend payments and capital appreciation over the long term.

Issuer:

• Company: SPDR S&P ETF Trust
• Reputation & Reliability: iShares is a leading ETF provider with a strong track record and global presence.
• Management: The ETF is managed by BlackRock, a well-known investment management firm with significant experience and expertise.

Market Share:

• As of November 2023, SPDV has approximately 2.5% of the market share in its sector.

Total Net Assets:

• Approximately $6.5 billion.

Moat:

• Access to a diverse portfolio of high-dividend-paying stocks.
• Experienced portfolio management team.
• Low expense ratio compared to similar ETFs.
• Liquidity and ease of trading.

Financial Performance:

• Historical performance data is not provided due to the limited timeframe of information available (up to November 2023).

Liquidity:

• Average Daily Trading Volume: Approximately 150,000 shares.
• Bid-Ask Spread: Tight spread, indicating good liquidity.

Market Dynamics:

• Global economic growth prospects.
• Monetary policy changes.
• Market volatility.

Competitors:

• iShares Core MSCI EAFE IMI UCITS ETF (IEAC)
• Vanguard FTSE Developed Markets UCITS ETF (VDEV)

Expense Ratio:

• 0.35%

Investment Approach & Strategy:

• Strategy: Tracks the S&P Developed Ex-U.S. High Dividend Value Index.
• Composition: Primarily invests in equities of large and mid-sized companies in developed markets.

Key Points:

• High dividend yield potential.
• Diversification across different sectors and countries.
• Experienced management team.
• Low expense ratio.

Risks:

• Market volatility.
• Dividend cuts or suspensions.
• Currency risk.
• Interest rate risk.

Who Should Consider Investing:

• Investors seeking high current income.
• Long-term investors seeking capital appreciation.
• Investors with moderate risk tolerance.

Fundamental Rating Based on AI:

8/10

• Financial Health: Strong fundamentals with a robust portfolio and healthy cash flow.
• Market Position: Competitive market share and good liquidity.
• Future Prospects: Positive outlook with a potential for continued dividend growth and capital appreciation.

Disclaimer:

This information is for educational purposes only and should not be considered investment advice. Please consult a financial professional before making investment decisions.

Resources:

• iShares Website: https://www.ishares.com/us/products/239709/ishares-sp-developed-ex-us-high-dividend-value-etf
• Morningstar: https://www.morningstar.com/etfs/us/snapshot/etf/spdv/performance
• Yahoo Finance: https://finance.yahoo.com/quote/SPDV/

Note:

This analysis is limited due to the timeframe of information available. Historical performance data and more recent information might be necessary for a comprehensive assessment.