Still, SYLD does not skimp on dividend growth. At the end of the second quarter, the ETF’s three largest sector allocations were 22% to financial services, 18% to technology and 12% to consumer discretionary – three of the largest dividend growth sectors in the S&P 500 since the end of the financial crisis.
SYLD has a global cousin, the $85 million Cambria Foreign Shareholder Yield ETF (NYSEArca: FYLD).
Cambria Shareholder Yield ETF
Tom Lydon’s clients own shares of Apple.