Claymore/Zacks Dividend Rotation ETF (IRO)

 
TOP CONTRIBUTORS

Claymore/Zacks Dividend Rotation ETF (IRO)

Overview

The "Fund", seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the Zacks Dividend Rotation Index (the “Dividend Rotation Index” or “Index”). The Fund will at all times invest at least 90% of its total assets in securities that comprise the Index and investments that have economic characteristics that are substantially identical to the economic characteristics of the component securities that comprise the Index. Claymore Advisors, LLC (the "Investment Adviser") seeks a correlation over time of 0.95 or better between the Fund’s performance and the performance of the Index. A figure of 1.00 would represent perfect correlation.

The Fund, using a low cost “passive” or “indexing” investment approach, seeks to replicate, before fees and expenses, the performance of the Zacks Dividend Rotation Index. The Index is comprised of approximately 100 stocks selected, based on investment and other criteria, from a universe of the 1,500 largest listed equity companies (based on market capitalization) that pay dividends at least annually (in any amount). The universe of companies eligible for inclusion in the Index is comprised of all U.S. stocks listed on domestic exchanges, including American depositary receipts (“ADRs”) and master limited partnerships (“MLPs”). The companies in the universe are selected using a proprietary methodology developed by Zacks Investment Research, Inc. (“Zacks” or the “Index Provider”). The Index will include companies with capitalizations between $200 million and $450 billion, which includes companies with all market capitalizations as defined by Zacks.

[1]

Fund Information

  • Fund Manager - Claymore Advisors
  • Inception Date - 10/24/2007
  • Exchange – NYSE Arca
  • Index Ticker - IRO
  • Intra-day NAV Ticker - IROIV
  • Expense Ratio - 0.60%

Top Holdings

Holdings % of Portfolio
TSAKOS ENERGY NAVIGATION 3.06%
FIRST UNITED CORP 2.09%
NISOURCE INC 1.94%
SUNOCO LOGISTICS 1.91%
UNITIL CORP 1.89%
PARK NATIONAL CORP 1.81%
AT&T INC. 1.80%
HCP INC 1.77%
PROGRESS ENERGY INC. 1.73%
OCEANFIRST FINANCIAL CORP 1.70%

Holdings as of 23/10/2009

Other Dividend ETFs

ETF Name Fund Manager Expense Ratio
First Trust Morningstar Dividend Leaders Index Fund (FDL)First Trust Portfolios L.P0.45%
iShares Dow Jones EPAC Select Dividend Index Fund (IDV)ishares0.50%
iShares Dow Jones Select Dividend Index Fund (DVY)ishares0.40%
Middle East Dividend Fund (GULF)WisdomTree Investments, Inc.0.88%
Powershares Dividend Achievers Portfolio ETF (PFM)Invesco PowerShares0.50%
Powershares High Yield Equity Dividend Achievers Portfolio ETF (PEY)InvescoPoweshares0.50%
Powershares International Dividend Achievers Portfolio ETF (PID)InvescoPoweshares0.50%
SPDR S&P Dividend ETF (SDY)State Street Global Markets, LLC0.35%
SPDR S&P International Dividend ETF (DWX)State Street Global Markets, LLC0.45%
Vanguard Dividend Appreciation ETF (VIG)Vanguard Group, Inc.0.24%
Vanguard High Dividend Yield ETF (VYM)Vanguard Group, Inc.0.20%
WisdomTree Dividend Top 100 Fund (DTN)WisdomTree Investments, Inc.0.38%
WisdomTree Europe Total Dividend Fund (DEB)WisdomTree Investments, Inc.0.48%
WisdomTree International Dividend Top 100 Fund (DOO)WisdomTree Investments, Inc.0.58%
WisdomTree Japan Total Dividend Fund (DXJ)WisdomTree Investments, Inc.0.48%
WisdomTree LargeCap Dividend Fund (DLN)WisdomTree Investments, Inc.0.28%
WisdomTree MidCap Dividend Fund (DON)WisdomTree Investments, Inc.0.38%
WisdomTree Pacific ex-Japan Total Dividend Fund (DND)WisdomTree Investments, Inc.0.48%
WisdomTree SmallCap Dividend Fund (DES)WisdomTree Investments, Inc.0.38%
WisdomTree Total Dividend Fund (DTD)WisdomTree Investments, Inc.0.28%
Claymore CDN Dividend & Income Achievers ETF (CDZ-TSX)Claymore Investments, Inc.0.60%
Claymore Global Monthly Advantaged Dividend ETF (CYH-TSX)Claymore Investments, Inc.0.65%
iShares CDN Dividend Index Fund (XDV-TSX)iShares0.50%
iShares DJ Euro STOXX Select Dividend ETF (IDVY-LSE)iShares0.40%
Claymore/Zacks Dividend Rotation ETF (IRO)Claymore Advisors0.60%
First Trust Value Line 100 Fund (FVL)First Trust Portfolios L.P0.70%
iShares FTSE UK Dividend Plus ETF (IUKD-LSE)iShares0.40%


References

  1. - Overview of Claymore/Zacks Dividend Rotation ETF (IRO)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki