Wednesday, February 3, 2010

Dividend ETFs: looking for the right value

Here is the current stats of all dividend ETFs that trade in the U.S.

The table shows the relative strength values in three timeframes: short term (daily), medium term (weekly), and long term (monthly). These provide an excellent indication of whether the ETFs are overbought and oversold, and, accordingly, which are the best ones to buy or to sell.

Ordered by RSI daily:



We see that only the Canadian ETFs are bear oversold levels (XDV, CIH, CDZ), DHS being the closest US version.

The average RSIs are shown at the bottom of the table. These are around the 50 level, indicating neutral conditions.

These are the ETF names and their average trading volumes:

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