DJD Stock Summary and Trading Ideas (Invesco Dow Jones Industrial Average Dividend ETF | ARCA:DJD)

The Invesco Dow Jones Industrial Average Dividend ETF (Fund) is based on the Dow Jones Industrial Average Yield Weighted (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to provide exposure to high-yielding equity securities in the Dow Jones Industrial Average, by their 12-month dividend yield over the prior 12 months. Only securities with consistent dividend payments over the previous 12 months are included in the Index . The Index is computed using the gross total return, which reflects dividends paid. The Fund and the Index are rebalanced semiannually.

Invesco Dow Jones Industrial Average Dividend ETF trades on the ARCA stock market under the symbol DJD.

As of April 26, 2024, DJD stock price climbed to $46.67 with 8,156 million shares trading.

DJD has a beta of 0.61, meaning it tends to be less sensitive to market movements. DJD has a correlation of 0.45 to the broad based SPY ETF.

DJD has a market cap of $293.55 million. This is considered a Small Cap stock.

In the last 3 years, DJD stock traded as high as $48.13 and as low as $37.39.

DJD has underperformed the market in the last year with a return of +12.6%, while the SPY ETF gained +27.0%. In the last 3 month period, DJD fell short of the market, returning +0.7%, while SPY returned +4.6%. However, in the most recent 2 weeks DJD has outperformed the stock market by returning -0.4%, while SPY returned -1.7%.

DJD support price is $46.15 and resistance is $46.87 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DJD stock will trade within this expected range on the day.