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The Global X S&P 500 Quality Dividend ETF (QDIV) endeavors to mirror the comprehensive financial performance, including both capital growth and income generation, of the S&P 500 Quality High Dividend Index, before any management fees or operating expenses are considered.
Is QDIV's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV - Get Free Report) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,785 shares, a growth of 95.5% from the August 31st total of 913 shares. Based on an average daily volume of 1,097
As Market Risks Rise, Buy QDIV
APS Management Group Inc. purchased a new stake in shares of Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 15,718 shares of the company's stock, valued at approximately $553,000. APS Management Group Inc.
QDIV selects S&P 500 Index stocks that rank in the top 200 on both dividend yield and quality, as determined by return on equity, accruals ratio, and leverage. The strategy seems reasonable, but QDIV has only attracted $31 million in assets under management since its launch seven years ago. Its failure to resonate with investors has me curious. I found QDIV's weighting scheme to be the most likely culprit, and based on early reports from Global X, it looks like the decision to equal-weight components was flawed.
On Wednesday, Global X expanded its lineup of ETFs with the launch on the NYSE of two new funds. Both the MLP & Energy Infrastructure Covered Call ETF (MLPD) and the S&P 500 Quality Dividend Covered Call ETF (QDCC) use covered call strategies.