DJD
Invesco Dow Jones Industrial Average Dividend ETF
The Invesco Dow Jones Industrial Average Dividend ETF follows an index comprising dividend-paying securities of the companies listed on the Dow Jones Industrial Average, weighted by yield.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
320.1 M
ASSETS UNDER MGMT
7 bp
EXPENSES
Fund Basics
| Fund sponsor | Guggenheim |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 16, 2015 |
| Assets (mns) | $320 |
| Expense ratio | 7 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Committee |
| Weighting | Dividend |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| VERIZON COMMUNICATIONS INC | 10.4 % |
| CHEVRON CORP | 8.3 % |
| CISCO SYSTEMS INC | 6.4 % |
| INTL BUSINESS MACHINES CORP | 6.1 % |
| GOLDMAN SACHS GROUP INC | 5.0 % |
| HOME DEPOT INC | 4.6 % |
| JOHNSON & JOHNSON | 4.6 % |
| JPMORGAN CHASE & CO | 4.1 % |
| COCA-COLA CO/THE | 4.1 % |
| HONEYWELL INTERNATIONAL INC | 4.0 % |
Constituent Breakdown
| Number of holdings | 26 |
| Herfindahl-Hirschman Index | 508 |
| Wgt avg mkt cap (mns) | $354,472 |
| Large cap (>$10bn) | 100.0% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 99.7 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 20.6% | 29.2% | 13.3% | 12.3% | 10.8% | -- | 12.1% | Volatility | 11.1% | 11.3% | 12.1% | 13.9% | 19.7% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.77 | 66% |
| MSCI EAFE | 0.77 | 65% |
| MSCI Emg Mkts | 0.51 | 28% |
Liquidity Measures
| Avg. volume (000) | 18 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.18% |
| ADV of underlying (mns) | $38,303 |
Technical Indicators
| Recent close | $51.21 |
| 30d moving avg. | $53.20 |
| Annualized volatility | 16.6% |
| Relative strength (RSI) | 49 |
| Short interest (ETF) | 0.2% |
| Short interest (underlying) | 1.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. DJD |
Expenses vs. DJD |
ALTAR Score™ vs. DJD |
|---|---|---|---|---|
| EDOW | First Trust Dow 30 Equal Weight ETF | 70.8% | +43 bp | -2.7% |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | 58.9% | +9 bp | -2.3% |
| BBLU | EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF | 34.4% | +8 bp | -2.0% |
| PWV | Invesco Large Cap Value ETF | 33.4% | +48 bp | -0.4% |
| OUSA | ALPS O'Shares U.S. Quality Dividend ETF | 31.9% | +41 bp | -1.7% |
| DGRO | iShares Core Dividend Growth ETF | 30.4% | +1 bp | -1.1% |
| TBG | TBG Dividend Focus ETF | 30.3% | +52 bp | -0.6% |
| SPDG | SPDR Portfolio S&P Sector Neutral Dividend ETF | 29.4% | -2 bp | -0.3% |
| MGV | Vanguard Mega Cap Value ETF | 29.3% | 0 bp | -1.0% |
| DLN | WisdomTree U.S. LargeCap Dividend Fund | 27.8% | +21 bp | -1.8% |
Risk and Returns: DJD vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/20/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
DJD
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
DJD
7.7%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.6%. DJD's ALTAR Score™ is approximately
0.8 standard deviations
above
the category average. This places DJD in the 79th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
DJDSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| DJD (7 bp) Percentile rank | 12 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| DJD | 7.0 | 17.6 | 24.6 |
| Peer Avg. | 44.0 | 16.8 | 60.8 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .