FGD Dividend ETF Yields 5%, Outperforms S&P 500 in 2024

First Trust Dow Jones Global Select Dividend Index Fund posts 5.04% yield and 32% 12-month return, surpassing peers and benchmarks. The First Trust Dow Jones Global Select Dividend Index Fund (FGD) offers a 5.04% 12-month yield, among the highest in the dividend ETF space.

First Trust Dow Jones Global Select Dividend Index Fund posts 5.04% yield and 32% 12-month return, surpassing peers and benchmarks.

The First Trust Dow Jones Global Select Dividend Index Fund (FGD) offers a 5.04% 12-month yield, among the highest in the dividend ETF space. The fund’s distribution yield exceeds those of major competitors, including Schwab, Vanguard, and iShares products.

FGD has returned 32% over the past 12 months and 12% year-to-date, outperforming the S&P 500. Its three-year annualized return stands at 22.5%, though its five-year average of 11% trails the Fidelity High Dividend ETF’s 13%.

The fund leads on one- and three-year total returns compared to the S&P 500 but lags the index’s 13% five-year performance.

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