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Billions Wiped Out as Stock-Safety Trade on Wall Street Misfires
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useapen
Nov 28, 2023, 5:01:31 AM11/28/23
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Dividend ETF flows near record lows following last year’s boom
Safety trade has underperformed in 2023 as tech stocks rally
Reeling from a bear market last year, beaten-up investors decided to send
more than $60 billion to exchange-traded funds focusing on dividends.
Eleven months later, the trade is misfiring.
https://www.bloomberg.com/news/articles/2023-11-27/billions-wiped-out-as-
stock-safety-trade-on-wall-street-misfires#xj4y7vzkg
Safety trade has underperformed in 2023 as tech stocks rally
Reeling from a bear market last year, beaten-up investors decided to send
more than $60 billion to exchange-traded funds focusing on dividends.
Eleven months later, the trade is misfiring.
https://www.bloomberg.com/news/articles/2023-11-27/billions-wiped-out-as-
stock-safety-trade-on-wall-street-misfires#xj4y7vzkg
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