- The WisdomTree Commodity Country Equity Fund (CCXE | D-44), with total returns of 22% YTD
CCXE invests in dividend-paying international stocks from commodities-exporting countries. The fund allocates equally to eight commodity producers: Australia, Brazil, Canada, Chile, New Zealand, Norway, Russia and South Africa.
The performance may be impressive, but CCXE has failed to find much investor interest. Since it came to market nearly 10 years ago, it has amassed less than $8 million in total assets—something that keeps this fund among those facing high closure risk. The fund has an expense ratio of 0.58%
From a sector perspective, financials lead the mix with a 24% allocation, followed by energy at about 20%.
CCXE has a distribution yield of 5.05%, and a 30-day yield of 3.26%, according to WisdomTree data.
- The PowerShares High Yield Equity Dividend Achievers Portfolio (PEY | B-66) with total returns of 21.8% YTD
PEY is a high-yield play that tracks a yield-weighted index of U.S. companies that have increased their annual dividends for at least 10-consecutive years. The core idea here is sustainability—it only invests in stocks that have proven to have sustainable dividend yields.
The fund has been around since 2004, is nearing $1 billion in total assets and has an expense ratio of 0.54%—by far the cheapest of these five ETFs. Utilities and energy are PEY’s biggest sector allocations, at about 21% each.
PEY has a 12-month dividend of 3.13%, and in the most recent 30-day period, it delivered 3.25% in yield, according to PowerShares data.
- The SPDR S&P 500 High Dividend ETF (SPYD), with total returns of 21.6% YTD
SPYD is an equal-weighted portfolio of the 80 highest-yielding stocks selected from the S&P 500. The fund is a pretty straight-forward high-yield play. It doesn’t screen for quality or for sustainability of dividends. SPYD simply picks the highest-yielding stocks in the S&P 500.
The fund came to market less than a year ago, has only $35 million in assets under management and carries an expense ratio of 0.12%. Utilities are its largest sector tilt, at about 30% of the portfolio.
SPYD has delivered 3.86% in yield in the most recent 30 days. The fund’s 12-month dividend yield sits at 2.71%, according to State Street data.
Charts courtesy of StockCharts.com
Contact Cinthia Murphy at [email protected].