The Best ETF For Following The Robinhood Crowd thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.
Invesco is launching two industry ETFs that are free for six months. The fourth-largest provider of U.S. listed ETFs will roll out IBBQ and SOXQ today, waiving the modest 0.19% expense ratios for six months in an effort to generate investor interest.
On Tuesday, SoFi announced the launch of the
SoFi Weekly Dividend ETF (NYSE: WKLY), the first equity ETF designed to provide a weekly dividend payment to shareholders. WKLY joins a SoFi ETF family that includes the
SoFi Weekly Income ETF (NYSE: TGIF), which launched in 2020 and was the first fixed income ETF to offer a weekly distribution to fund shareholders.
WKLY seeks to track the performance of the SoFi Sustainable Dividend Index, which is made up of large- and mid-cap companies in both the U.S. and developed international markets that meet a robust set of sustainable dividend filters. Securities selected for the index have maintained their dividend payments over the last 12 months, been forecasted to continue to pay over the next 12 months, and have met many additional screens designed to remove companies at risk of reducing their dividend payouts. The fund plans to distribute income from its investments to shareholders every Thursday.
S&P 500 On The Cheap: You Can Buy These 16 ETFs For Next To Nothing investors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investors.com Daily Mail and Mail on Sunday newspapers.