JP Morgan's Dividend Leaders ETF Sounds Good, But The Yield Underwhelms

JP Morgan's Dividend Leaders ETF Sounds Good, But The Yield Underwhelms

Quick Read JPMorgan Dividend Leaders ETF (JDIV) yields only 1.59% despite its dividend-focused mandate, trailing the 10-year Treasury at 4.20% and losing to Schwab US Dividend Equity (SCHD), which yields 3.39% with a 0.06% fee versus JDIV’s 0.47%. Top holdings Taiwan Semiconductor (TSM) at 6.26%, Microsoft (MSFT) at 4.37%, and Broadcom (AVGO) at 3.49% are growth stocks rather than income stalwarts. JDIV targets dividend growth rather than curr…