A New ETF Targeting High Yield Developed Market Dividend Stocks

Sector weights include financials 34.5%, materials 13.9%, utilities 12.1%, telecom 11.4%, consumer discretionary 10.9%, energy 10.0%, industrials 2.2%, real estate 2.1%, consumer staples 1.6% and information technology 1.3%.

Top positions include Rio Tinto Ltd 2.5%, BHP Billiton PLC 2.5%, Orca Ltd 2.5%, Rio Tinto PLC 2.4% and Alumina 2.3%.

The Global X SuperDividend ETF (NYSEArca: SDIV) is the largest ETF in Global X’s SuperDividend suite, with $782 million in assets under management. The fund takes broader approach as it is targets the highest dividend paying stocks around the world. SDIV also comes with an attractive 7.08% 12-month yield.

For more information on new fund products, visit our new ETFs category.

Chart courtesy of xtf.com