DON Stock Summary and Trading Ideas (WisdomTree U.S. Midcap Dividend | ARCA:DON)

The WisdomTree U.S. MidCap Dividend Index is a fundamentally weighted index that measures the performance of the mid-capitalization segment of the US dividend-paying market. The Index is comprised of the companies that compose the top 75% of the market capitalization of the WisdomTree U.S. Dividend Index after the 300 largest companies have been removed. The index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year.

WisdomTree U.S. Midcap Dividend trades on the ARCA stock market under the symbol DON.

As of April 19, 2024, DON stock price climbed to $46.02 with 126,380 million shares trading.

DON has a beta of 0.94, meaning it tends to be less sensitive to market movements. DON has a correlation of 0.60 to the broad based SPY ETF.

DON has a market cap of $3.44 billion. This is considered a Mid Cap stock.

In the last 3 years, DON stock traded as high as $48.85 and as low as $37.47.

DON stock has underperformed the market in the last year with a return of +14.0%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in DON shares. However, DON has outperformed the market in the last 3 month and 2 week periods, returning +3.1% and -3.9%, while SPY returned +3.0% and -4.5%, respectively. This indicates DON has been having a stronger performance recently.

DON support price is $45.19 and resistance is $46.11 (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 DON stock will trade within this expected range on the day.