SDY

SPYD has struggled in 2020 as a result of Covid-19, and those market forces are unlikely to abate in the short term. While SPYD has seen a large gain since my last article, it has markedly under-performed my other dividend funds, as well as the S&P 500. The fund does offer a high yield, diversification, and a large discount relative to the broader market.

SPHD could be positioned to benefit from the Fed's low interest rate environment and a possible rotation out of growth and momentum stocks.A 1-year beta of 1.15 shows the ETF may actually be more volatile than the market and have greater cyclical risks.Its past performance may not be a selling point, but that's because of the pro-momentum, pro-growth, and anti-value rally that has been driving the stock market recently.

Knowing what's going on will help you keep your portfolio successful.Stop chasing others when you're working your plan.Whipsawing or range-bound securities are not a pain point for income investors.In fact, by using a pullback to your advantage, you are boosting your future income.

The Federal Reserve has made an explicit commitment to a set inflation goal, and that will raise your cost of living.We analyze the big picture and provide our readers some food for thought.Inflation will knock on our doors sooner than most think.We also suggest the best hedge for our members.

SPDR S&P Dividend ETF (SDY) - $0.6858.30-Day SEC Yield of 3.03% as of Sept. 16.Payable Sep 23; for shareholders of record Sep 21; ex-div Sep 18.