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Asset Summary

Daily Performance Report for DJD ETF: Dec 9, 2024

Summary: The day started with DJD ETF opening at $53.6 and closing at $53.21. The ETF showed weakness throughout the day, with the highest price observed at $53.64 and the lowest at $53.19. The underlying asset had a trading range of $0.45 Overall, it was a negative trading day for DJD ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-0.39 or -0.73% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for DJD ETF was 12,706 units during Dec 9, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $53.6.

Highest Price: The highest price observed during the day was $53.64.

Lowest Price: The lowest price observed during the day was $53.19.

Closing Price: The day ended at $53.21.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

Historical performance data for DJD can be reviewed on financial platforms and includes past returns, NAV, and dividend yields. This data provides insights into how well the ETF has tracked its index and the income it has generated over time.

DJD typically distributes dividends on a quarterly basis. These dividends come from the income generated by the underlying stocks in the fund, which are selected based on their high dividend yields.

DJD adjusts its holdings to reflect changes in the Dow Jones Industrial Average Dividend Index. The ETF rebalances periodically to ensure that its portfolio aligns with the index’s criteria and performance.

Key performance metrics for DJD include its net asset value (NAV), dividend yield, expense ratio, total return, and tracking error. NAV reflects the per-share value of the ETF, the dividend yield shows the income generated relative to the share price, the expense ratio indicates management costs, total return includes income and capital gains, and tracking error measures the deviation from the index’s performance.

Investors can purchase shares of DJD through a brokerage account. It is traded on major stock exchanges under the ticker symbol "DJD" and can be bought and sold like other stocks and ETFs.

Risks include potential market volatility and the impact of fluctuating dividend yields. Since DJD focuses on high dividend-paying stocks, its performance may be affected by changes in dividend policies or economic conditions affecting these companies.

Similar ETFs to DJD include: DVY (iShares Select Dividend ETF), which tracks the Dow Jones U.S. Select Dividend Index, focusing on high dividend-paying U.S. stocks; VYM (Vanguard High Dividend Yield ETF), which seeks to track the FTSE High Dividend Yield Index, including high dividend-yielding stocks; and HDV (iShares Core High Dividend ETF), targeting high dividend-paying U.S. stocks as part of the Morningstar Dividend Yield Focus Index.

DJD has an expense ratio of approximately 0.40%. This fee covers the costs of managing and operating the fund, including administrative expenses and portfolio management fees.

Factors influencing DJD’s performance include changes in dividend policies of its constituent stocks, fluctuations in the stock market, and economic conditions that impact high dividend-paying companies.

DJD is managed by Invesco to replicate the performance of the Dow Jones Industrial Average Dividend Index. The ETF invests in the stocks included in the index, focusing on those with high dividend yields. The fund’s management involves regular rebalancing to align with the index’s performance and criteria.

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