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ETFs

Invesco Dow Jones Industrial Average Dividend ETF

DJD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 16 2015
Expense Ratio
0.07%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$995,774
AUM
$254,116,423
Associated Index
Dow Jones Industrial Average Yield Weighted
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

VZ
Verizon Communications Inc
9.73%
WBA
Walgreens Boots Alliance Inc
9.55%
MMM
3M Co.
6.74%
DOW
Dow Inc
6.30%
IBM
International Business Machines Corp.
5.90%
CVX
Chevron Corp.
4.89%
AMGN
AMGEN Inc.
4.50%
GS
Goldman Sachs Group, Inc.
4.43%
KO
Coca-Cola Co
3.98%
JNJ
Johnson & Johnson
3.86%
Invest with DJD

What is DJD?

The Invesco Dow Jones Industrial Average Dividend ETF (Fund) is based on the Dow Jones Industrial Average Yield Weighted (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to provide exposure to high-yielding equity securities in the Dow Jones Industrial Average, by their 12-month dividend yield over the prior 12 months. Only securities with consistent dividend payments over the previous 12 months are included in the Index . The Index is computed using the gross total return, which reflects dividends paid. The Fund and the Index are rebalanced semiannually.

ETFs related toDJD

ETFs correlated to DJD include EDOW, VYM, MGV

DJD
Invesco Capital Management LLC - Invesco Dow Jones Industrial Average Dividend ETF
EDOW
First Trust Exchange-Traded Fund III - First Trust Dow 30 Equal Weight ETF
VYM
Vanguard Group, Inc. - Vanguard High Dividend Yield Indx ETF
MGV
Vanguard Group, Inc. - Vanguard Mega Cap Value ETF
SCHD
Schwab Strategic Trust - Schwab US Dividend Equity ETF
VTV
Vanguard Group, Inc. - Vanguard Value ETF
NULV
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF
IWX
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Value ETF
DDM
ProShares Trust - ProShares Ultra Dow30 2x Shares
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
UDOW
ProShares Trust - ProShares UltraPro Dow30 3x Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDJD

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with DJD using Composer

FAQ

DJD is a US Equities ETF. The Invesco Dow Jones Industrial Average Dividend ETF (Fund) is based on the Dow Jones Industrial Average Yield Weighted (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to provide exposure to high-yielding equity securities in the Dow Jones Industrial Average, by their 12-month dividend yield over the prior 12 months. Only securities with consistent dividend payments over the previous 12 months are included in the Index . The Index is computed using the gross total return, which reflects dividends paid. The Fund and the Index are rebalanced semiannually.

DJD tracks the Dow Jones Industrial Average Yield Weighted.

DJD dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

No, DJD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DJD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DJD is -0.0108%. This is the percent change in the value of DJD over the most recent 1-month period. The 3-month return on DJD is -0.0045%. This is the percent change in the value of DJD over the most recent 3-month period.

The standard deviation of DJD for the past year is 0.1474%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DJD include VIG, DFAS, and DFAT.

ETFs correlated to DJD include EDOW, VYM, and MGV.

ETFs that are inversely correlated to DJD include DXD, SDOW, and DOG.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.