TDIV / TDIV: Intriguing Concept But Underperforms Peers

First Trust NASDAQ Technology Dividend Index Fund offers a different weighting mix than other Tech-heavy funds, providing diversification opportunitie more_horizontal

First Trust NASDAQ Technology Dividend Index Fund holds 93 dividend stocks in technology and communication. It is overweight in semiconductors and in more_horizontal

After the closing bell on Apr 20, International Business Machines (IBM) reported solid first-quarter 2023 results. This has put ETFs having the highes more_horizontal

TDIV selects up to 100 U.S.-listed dividend-paying stocks in the Technology and Communications sectors. Its expense ratio is 0.50%, and it increased d more_horizontal

The TDIV gives investors exposure to high-yielding technology and telecommunication stocks. It has a 2.5% current yield, modestly above the S&P 500 bu more_horizontal

TDIV provides exposure to a basket of dividend-paying tech stocks. This ETF runs a concentrated portfolio, where the top 10 holdings account for over more_horizontal

IBM has gained 10.2% over the past three months outperforming the industry, which has declined 2.4%. The positive trend is expected to continue as IBM more_horizontal

As has been widely reported, domestic dividends hit all-time highs last year, rebounding from the dark days of cuts and suspensions caused by the onse more_horizontal