Examining the ETF’s country and sector weights highlights why WDIV has been successful in terms of returns despite its anonymous status. The ETF’s largest country weight is the U.S. at 19.5%, followed by Canada at 15.8%.
Additionally, WDIV offers some exposure to the rebound in European equities with 10 European nations combining for nearly 40% of the fund’s weight. That group includes eight Eurozone members, though WDIV’s largest Europe exposure is a 9.5% allocation to the U.K.
WDIV also features a 26.4% weight to the utilities sector, a positive trait in a year which utilities have been the top performing sector. In fact, WDIV’s utilities allocation puts the fund on the higher end of dividend ETFs with utilities exposure. [Utilities Lift More Than Just Sector ETFs]
WDIV has just $20.7 million in assets, but nearly half that sum has flowed into the ETF this year. The fund charges 0.4% per year and has a dividend yield of 2.46%.
SPDR S&P Global Dividend ETF
