DVY Stock Summary and Trading Ideas (iShares Select Dividend ETF | NASDAQ:DVY)

The iShares Dow Jones Select Dividend Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Dow Jones U.S. Select Dividend Index.

iShares Select Dividend ETF trades on the NASDAQ stock market under the symbol DVY.

As of April 19, 2024, DVY stock price climbed to $118.70 with 565,053 million shares trading.

DVY has a beta of 0.81, meaning it tends to be less sensitive to market movements. DVY has a correlation of 0.45 to the broad based SPY ETF.

DVY has a market cap of $18.06 billion. This is considered a Large Cap stock.

In the last 3 years, DVY stock traded as high as $133.33 and as low as $102.66.

DVY stock has underperformed the market in the last year with a return of +3.5%, 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 DVY shares. However, DVY has outperformed the market in the last 3 month and 2 week periods, returning +5.1% and -1.8%, while SPY returned +4.3% and -3.5%, respectively. This indicates DVY has been having a stronger performance recently.

DVY support price is $115.77 and resistance is $117.99 (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 DVY stock will trade within this expected range on the day.