Yield and Growth: Guggenheim Multi-Asset Index ETF
10/31 Yield: 5.11%
Expense Ratio: 0.78%
Last but not least, if you’re just looking for a good, all-around income ETF that you don’t have to re-assess day in and day out, then you might want to go with the Guggenheim Multi-Asset Index ETF (NYSE:CVY).
As its name implies, it owns a little of everything, yields 5.11%, and is only about three-fourths as volatile as the broad market is. Yet, that same slow-and-steady diversified approach has more than paid off. How so? The Guggenheim Multi-Asset Index ETF has outperformed the S&P 500 for the past three years, as well as the past five.
Boring can be beautiful, too.
As of this writing, James Brumley did not hold a position in any of the aforementioned securities.