Another ETF where both stocks reside in the top-five holdings is the PowerShares S&P 500 High Dividend Portfolio (NYSEArca: SPHD), which is one of the top-performing U.S. large-cap ETFs this year due in part to its almost 27% weight to utilities. [Quiet Rally for This Dividend ETF]
SPHD, which has a trailing 12-month yield of 3.33%, features six utilities stocks among its top-10 holdings, including Pepco and Exelon as its two largest holdings. Those stocks combine for 6.2% of SPHD’s weight.
SPHD tracks the S&P 500 Low Volatility High Dividend Index, which is comprised of 50 stocks taken from the S&P 500 that have historically exhibited high dividend yields and low volatility. Consumer staples and financial services combine for another 34% of the ETF’s weight.
Guggenheim S&P Equal Weight Utilities ETF
ETF Trends editorial team contributed to this post.