DGRO allocates about half its weight to financial services, healthcare and technology stocks, sectors that have historically performed well as interest rates rise.
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“DGRO is also reasonably priced when compared to the broader market, with a price to earnings (P/E) ratio of just over 20, while the S&P 500 has a P/E in excess of 24,” according to Seeking Alpha.
Additionally, DGRO’s three-year standard deviation of 9.68% is below that of the S&P 500. Plus, DGRO charges just 0.08% per year, or $8 on a $10,000 investment, making it one the least expensive dividend ETFs.
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