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The SNPD ETF (NYSEARCA:SNPD) takes a narrower path than the standard Dividend Aristocrats index.
Dividend Aristocrats ETFs offer steady income, dividend growth and downside protection, making them ideal picks for navigating volatile markets.
If you own SNPD (NYSEARCA:SNPD) for the income, the question worth answering is whether the distribution stream is built on companies that can keep paying through a recession or whether it leans on yield-chasing names that crack under pressure.
Recession probability indicators are flashing caution. The yield curve has spent extended periods inverted, the Conference Board's Leading Economic Index has posted consecutive monthly declines, and manufacturing PMI readings have hovered in contraction territory. Investors who wait until a recession is officially declared typically reposition after damage is already done. The seven ETFs below are... 7 Dividend ETFs Built to Survive a Recession and Pay You Through It
Amanda Rebello, head of Xtrackers sales U.S onshore at DWS, told NYSE's Judy Shaw at Exchange 2023 that for investors, income “has been relevant for the last couple of months and continues to be relevant.” “Equities need to work much harder just in light of the extra risk that we're taking,” Rebello said.
While the S&P 500 is up 5% year-to-date, the index lost more than 18% in 2022. And even though inflation has come down from its 9.1% peak in June, prices are still high, which means that the Federal Reserve will likely continue raising interest rates.
Advanced Micro Devices (NASDAQ: AMD) saw its stock rise on Wednesday after posting strong quarterly earnings the day before. The chipmaker beat analyst expectations for sales and profit while forecasting a 10% decline in year-over-year sales for the current quarter.
When it comes to the Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD), investors may want to focus more on fundamentals and methodology and less on age.
SEC filings for SNPD aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.