Reported 3 months ago
Taiwan's stock market plummeted with TSMC falling below 1000, causing several ETFs to suffer, but amidst the chaos, the Yuanta Taiwan High Dividend Low Volatility (00713) ETF, also known as the 'canary of high dividend ETFs,' was the only one to rise, lifting investors' spirits. Despite popular high dividend ETFs like 00929 and 00940 declining, 00713 stood out as the sole gainer. Investors expressed confidence and excitement online, praising 00713's performance and even joking about buying into the ETF. Analysts attribute 00713's success to its strategy of selecting high dividend stocks based on various criteria, such as P/E ratios, earnings stability, and profitability, making it highly sensitive to market changes in high dividend stocks.
Source: YAHOO