(RDIV) Invesco S&P Ultra Dividend - Ratings and Ratios

The Invesco S&P Ultra Dividend Revenue ETF (NYSE ARCA:RDIV) is designed to track the performance of the S&P Ultra Dividend Revenue Index, which focuses on high-dividend-yielding securities within the S&P 900® Index. The fund typically allocates at least 90% of its total assets to securities included in the underlying index, which emphasizes companies with stable revenue streams and consistent dividend payments. As a non-diversified fund, it may have a higher concentration in specific sectors or securities compared to diversified funds.

From a technical perspective, RDIV has shown a bearish trend in recent months, with its 20-day SMA (45.05) falling below the 50-day SMA (46.96). The 200-day SMA (48.04) indicates a longer-term downtrend, with the last price of 46.08 trading below this key support level. The Average True Range (ATR) of 1.22 reflects moderate volatility, while the average 20-day volume of 45,800 shares suggests modest trading activity.

Based on the provided data, RDIVs technical indicators point to a potential undervaluation, as the fund is trading below its key moving averages. However, the fundamentals, including an AUM of $739.72 million, suggest investor confidence in the strategy. The focus on high-dividend-yielding, revenue-producing companies may provide resilience during market downturns, but the current technical setup signals caution. Investors should monitor broader market trends and dividend sustainability of the underlying holdings before making investment decisions.