Is the 10% Yield of Global X SuperDividend ETF Too Good to Be True?

Reported 2 days ago

The Global X SuperDividend ETF offers a striking 10% yield, significantly higher than the S&P 500 average. However, investors should approach this high yield with caution, as the ETF has experienced a 30% decline over the past five years, and many of its international holdings lack a solid track record for reliable dividends. While it has performed well this year compared to the market, the lack of vetting for stock quality raises concerns about its long-term sustainability as a reliable income source.

Source: YAHOO

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