Return of Volatility

We had a very volatile October sparked by uncertainty in the movements in interest rates and prospects on trade disputes between China and the US. The fear that the slowing in the global markets affecting the US economy are also spooking investors as well and not to forget the midterms just around the corner. Investors have lots to juggle and worry about this month. We had a classic correction of 10% in the S&P and many tech sector stocks got hammered with 20% or more decline in prices. Most of the blood was prevalent in the tech sector especially FANG stocks.

Be Greedy When Others Are Fearful

This month kept me busy deploying cash holdings into growth related stocks but did buy a little into dividend related holdings. Running into the burning house is not easy but for those who do there is always better value to be found.

One ETF caught my attention (Ticker: SPHD) which looks like a great dividend play. It has a great list of companies I would personally invest in for dividend growth while being well diversified among different industries. Most companies in the holdings have long track records showing consistent growth in dividend. The ETF holdings consists of 50 companies which is not too many. Yielding currently at 3.87% with the expense at a competitive .30% compared to its related peers.

So here are the current holdings: