DIV: This 'Super Dividend' ETF's Bright And Shiny Yield Comes With A Catch

  • The DIV ETF pays a monthly dividend and is currently yielding a very attractive 7.85%. However, DIV's high yield masks long-term wealth destruction due to poor total returns and a declining share price. The fund's portfolio is filled with value traps and is overweight the underperforming energy sector, leading to severely lagging performance versus the broad market averages.