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The catch is that the thing is only falling. Take a look at the max chart
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Two years on the market and only 📉
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This ETF is like a fly trap, a mouse trap, whatever, just scam
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The problem with this ETF is the selection procedure according to which the shares are included in the underlying index.
As far as I know, the stocks are selected purely on the basis of dividend yield. It is generally known that this alone is useless as a criterion for selecting quality stocks and that other factors such as dividend growth, dividend history and payout ratio should definitely be taken into account.

And the ETF's performance reflects exactly that: a very high dividend yield and a very weak price performance (compared to conventional indices such as the S&P 500). This suggests that the index contains only a few quality stocks.
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Yes, I have 500 shares! (bought at €8.47 per share) - that's a net monthly dividend of €30 for me. Have a look at the dividend guru frankimharz on YouTube
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