SPDR S&P Global Dividend ETF (NYSE:WDIV) generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depository receipts based on securities comprising the index. The index is designed to measure the performance of high dividend-yield companies included in the S&P Global BMI that have followed a managed-dividends policy of increasing or stable dividends for at least ten consecutive years.
Fund Overview:
- Net Assets: 273.98M
- NAV: 61.25
- Yield: 4.14%
- Expense Ratio: 0.40%
The SPDR S&P Global Dividend ETF tracks the 100 stocks with some of the highest dividend yields worldwide and it’s weighted so that no more than 20 stocks are from any single country. WDIV includes companies that have sustained or boosted their dividends for at least 10 years. The fund currently owns 97 stocks with an average P/E ratio of 12 and an average price-to-book (P/B) ratio of 1.11, representative of value stocks.
Top 10 Holdings (18% of Total Assets):
| Name | Symbol | % Assets |
|---|---|---|
| SmartCentres Real Estate Investment Trust Trust Units Variable Voting | SRU.UN.TO | 2.03% |
| H&R Block Inc | HRB | 2.02% |
| Keyera Corp | KEY.TO | 1.98% |
| Enagas SA | ENG.BC | 1.90% |
| Exxon Mobil Corp | XOM | 1.89% |
| Pembina Pipeline Corp | PPL.TO | 1.81% |
| Shaw Communications Inc Class B | SJR.B.TO | 1.78% |
| Power Assets Holdings Ltd | 00006.HK | 1.59% |
| Brandywine Realty Trust | BDN | 1.51% |
| Philip Morris International Inc | PM | 1.49% |
Canada, the U.S. and Japan are home to most of WDIV’s current portfolio of stocks, with weightings of approximately 25%, 23% and 12%, respectively. Financial stocks, utilities, and real estate make up around 60% of the fund’s stock market sector weightings. Therefore, this ETF is best for long term investors who are interested in owning global stocks.
Great global ETF to own for my IRA.