Share on :

Asset Summary

Weekly Performance Report for DJD ETF: Week 46, 2024

Summary: The Weekly started with DJD ETF opening at $52.54 and closing at $52.25. The ETF showed weakness throughout the Weekly, with the highest price observed at $52.86 and the lowest at $51.98. The underlying asset had a trading range of $0.88 Overall, it was a negative trading Weekly for DJD ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-0.29 or -0.55% in the closing price from the opening to the closing price over the Weekly.

Volume Analysis: Trading volume for DJD ETF was 83,556 units during Week 46, indicating active market participation and investor interest.

Opening Price: The Weekly started at $52.54.

Highest Price: The highest price observed during the Weekly was $52.86.

Lowest Price: The lowest price observed during the Weekly was $51.98.

Closing Price: The Weekly ended at $52.25.

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.

Unleash Your DJD Trading Now

Discover unparalleled trading insights with RankMyTrade Online. Our automated system offers advanced analysis and technical indicators for DJD, aimed at optimizing your trading decisions. Start optimizing your trades today and get ahead in the market now!

Discover More Now

Frequently Asked Questions

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.

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.

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 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.

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.

Yes, DJD can be held in retirement accounts such as IRAs or 401(k)s. It is important to ensure that it aligns with your overall investment strategy and retirement goals.

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.

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.

DJD aims to track the performance of the Dow Jones Industrial Average Dividend Index, which focuses on high dividend-paying stocks within the DJIA. While it seeks to mirror the index’s performance, the focus on high dividend yields means its performance may differ slightly from the broader DJIA, particularly in periods of varying dividend payouts.

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.

Improve Your DJD Trading Now

Transform your approach to trading with Rankmytrade. Our automated system offers detailed metrics and technical analysis for DJD, tailored to enhance your trading performance. Enhance your market performance today and elevate your strategy today!

Disclaimers

The information displayed on this site is sourced from third-party providers and is believed to be reliable. RankMyTrade (RMT) has not independently verified this data and does not guarantee its accuracy. The information and calculations provided by RankMyTrade are for educational and informational purposes only and should not be construed as financial or investment advice.

With any investment, your capital is at risk. The value of your portfolio go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

Market data is provided in near real-time when available, but we do not guarantee its accuracy or timeliness.

Securities products are: Not FDIC insured · Not bank guaranteed · May lose value

Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind. Unless otherwise noted, RankMyTrade and its affiliates are not partners, affiliates, or licensees of these companies.

Supported Assets & ETFs