1. WisdomTree US Quality Dividend Growth Fund (DGRW)
John Davi, founder of Astoria Portfolio Advisors, said that coming out of a recession, investors should look to US markets.
“We lead the world out of a recession, and the rest of the world sort of follows suit,” he said.
His pick for a US-focused ETF is WisdomTree’s US Quality Dividend Dividend Growth Fund (DGRW), which has 268 holdings led by Verizon, Microsoft, Apple, Procter & Gamble, Merck, Altria, PepsiCo, and Intel.
“Whenever you have a recession or big bear market, people will always lift up the value of quality stocks. You get a pretty significant [return on equity] premium – for DGRW it’s 26,” Davi said.
He continued: “These are companies that grow their dividends and earnings… we really like it, quite a bit.”