Dividend investors get an interesting new choice with the launch of the PowerShares S&P 500...

|About: PowerShares S&P 500 High... (SPHD)|By:, SA News Editor

Dividend investors get an interesting new choice with the launch of the PowerShares S&P 500 High Dividend ETF (SPHD), which comes with a low volatility twist. The fund picks 75 of the highest-yielding S&P stocks, but creates a portfolio of just those 50 exhibiting the lowest volatility. With an expense ratio of 0.30%, it's among the cheapest of the high dividend ETFs.