DVY

The iShares Select Dividend ETF (DVY) invests in roughly 100 large‑cap U.S. equities that have a history of paying relatively high and sustainable dividends, with sector exposure concentrated in financials, utilities, consumer staples, energy and other traditional industries. It seeks to track the Dow Jones U.S. Select Dividend Index, selecting stocks based on dividend yield, consistency of payouts and dividend‑growth characteristics while excluding REITs. The fund’s passive, index‑based approach provides diversified exposure to dividend‑focused U.S. companies. It may suit investors who prioritize regular income, such as retirees or income‑oriented portfolios, and those looking for a lower‑volatility equity component within a broader investment strategy.