PowerShares HighYield Dividend Achievers (PEY)

All Comments on PEY

  • commenter
    Mar 16 08:20 AM
    My Website
    Morningstar's New High-Dividend ETF: Mr. Kettle, Meet Mr. Pot (ETFs: FDL, DVY, PEY, SDY) [view article]
    Thanks for the comments.

    That I did not even think of DIA when I was writing the article speaks to how useless I think the index is and any product derrived from it.

    I haven't studied SDY yet but a couple of people have made similar comments.
    Reply
  • commenter
    Mar 14 09:06 AM
    Morningstar's New High-Dividend ETF: Mr. Kettle, Meet Mr. Pot (ETFs: FDL, DVY, PEY, SDY) [view article]
    Without counting holdings, wouldn't you throw DIA yielding 2.22% in there, with the lowest MER and largest trading volume, 10 times that of DVY the next largest, with some of these being extremely thinly traded? Current 1 year performance difference between DIA and the others is negligible, with the best market gainer XLG outperforming by 2% but only yielding 0.51% and the worst market gainer PEY underperforming by about 2% and yielding .5% better. (I net the MERs out of my yield calculations.) Longer term they all seem to move in lock step. Setting aside the new product discussed here, to me the present choice is between DIA and DVY, which photofinish on market performance, .5% yield advantage to DVY. .2% MER and overwhelming market liquidity advantage to DIA ("No Waiting!") Reply
  • commenter
    SeekingAlpha
    Editors
    Dec 20 08:47 AM
    My Website
    Exchange-Traded Funds and Closed-End Funds by Asset Class, Type and Provider [view article]
    IIF and IFN are closed-end funds for India; and check out the articles on the India Stock Blog about the new ETF for India. Reply