$LDGL (+1,19 %) is a monthly distribution equity ETF with over 900 holdings within it and which are more to less "equal weight."
The top 10 holdings are less than 3% of the ETF in proportion the $VHYL (+1,41 %) has in the first 10 positions out of over 2200 already about 11% of the ETF while it $LDGL (+1,19 %) has only +900 holdings but they are better equi-weighted and the average dividend on about 4% (VHYL stands at 2.6-2.8%) even though it has only taken out 3 to date, bodes well for those who want to invest in an instrument that gives capital growth and at the same time a monthly dividend that is neither too high nor too low.
Geographic diversification is a high highlight of this ETF that unlike the classic "World" or "Tech" there is no exposure to the U.S. 🇺🇸 of about 70 percent but only a 30 percent having also a nice exposure to Europe almost 40 percent and a 23 percent of Asia of which 17 percent is represented by Japan alone 🇯🇵
This ETF is very new but has already exceeded 100 million in assets under management and is growing fast...for the future I imagine this ETF will grow although not as fast as those that have a lot of tech, but the fact that the 900+ holdings within it are fairly equi-weighted, should be able to keep the average dividend fairly stable at 4% barring any major market shakeups globally.
Let me know what you think of the $LDGL (+1,19 %) and whether you also have it in your portfolio or plan to include it in the future.
PS: This post is not investment advice but just my personal opinion about an ETF I have in my portfolio.


