3 Toxic ETFs to Sell Yesterday (and 3 Picks Growing Payouts Up to 420%)
January 16, 2024 at 05:00 AM EST
Look, I get it: many folks love ETFs, mainly because of the cheap management fees. I mean who doesn’t love a deal? And it is true that ETFs’ fees are a fraction of those levied by the typical mutual fund or closed-end fund (CEF) . Trouble is, most ETF buyers get exactly what they pay for! Some of the worst performers in ETF-land are dividend-growth ETFs, which sound like a nice “1-click” way to load up your portfolio with soaring payouts. Too bad they can’t stop tripping over their own feet! Look at how three major dividend-growth ETFs, the iShares Core Dividend Growth ETF (DGRO) , Vanguard Dividend Appreciation ETF (VIG) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL), have fared in the past year: Stocks Lap Dividend-Growth ETFs As you can see, the S&P 500 (in orange) blew past this trio, with a 24% total return.… Read more