SDY's Underlying Holdings Could Mean 13% Gain Potential
March 26, 2018 at 09:45 AM EDT
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the SPDR S&P Dividend ETF (SDY), we found that the implied analyst target price for the ETF based upon its underlying holdings is $100.14 per unit.