"The S&P 500 is starting to pick up speed going into late-October after experiencing a bit of volatility on the back of the government shutdown, new Trump tariff threats, and a few early quarterly earnings fumbles. Despite the temporary setbacks, the dip-buyers have been more than willing to brave the dips, and that's made it tough to score anything more than a 2% or so dip from the S&P's all-time highs."
"Either way, it's going to be an interesting final two months for the S&P as market watchers look for the index to hit the 7,000 mark and perhaps even a full-year gain north of the 20% mark. Even with all the correction fears and AI bubble chatter, stocks seem to want to rally higher as more quarterly earnings results begin to flow in."
"With a modest 1.33% dividend yield, the ETF only offers a hair more than the SPY. Still, the main attraction to this U.S. equity ETF isn't as much about the yield as it is about the long-term dividend growth potential. With a focus on going after dividend growers at a reasonable price, I think longer-term income investors will be better able to tame volatility (0.88 beta) without having to sacrifice all too much in the way of capital gains."
The S&P 500 is gaining momentum into late October despite recent volatility from a government shutdown, new tariff threats, and early earnings missteps. Dip-buying has limited pullbacks to roughly 2% from all-time highs. A well-received CPI report and AI-led strength are supporting the advance, with targets such as 7,000 and a possible full-year gain above 20% being discussed. Higher-yield dividend ETFs have outperformed the index year-to-date. Capital Group Dividend Value ETF (CGDV) has delivered a nearly 22% YTD return, carries a 1.33% yield, targets dividend growers, and exhibits lower volatility (0.88 beta).
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