This ETF offers investors a way to target a group of European equities that exhibit high dividend yields, screening the universe of potential components by various dividend-related metrics. As such, while FDD is probably too narrow and too targeted for most long-term portfolios, but it can be a useful tool for investors looking to enhance current returns from their equity allocations or implement a value tilt in the European equity portion of their portfolios. Not surprisingly, FDD has a heavy tilt towards large cap stocks, though a significant allocation to mid caps is present as well. Though FDD is inherently concentrated due to the fixed number of index components, this fund spreads exposure across the portfolio in a relatively even manner. It's worth taking a closer look at the country breakdown, as FDD has been known to make big weightings to a small handful of European economies. Those seeking broader European exposure would be better served by ETFs such as VGK or IEV, though neither of these options is likely to come close to FDD's dividend yield.
The adjacent table gives investors an individual Realtime Rating for FDD on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Europe Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
This ETF is not currently available for commission free trading on any platforms.
There are 24 other ETFs in the Europe Equities ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of FDD relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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