Two Forgotten ETFs Worth Looking At

Filed under: Stocks to Buy

Friday's S&P 500 price action and what we saw today is not encouraging for the bulls among us. If a retreat to 1,275 determines the dip everyone is looking for, two "buy-on-the-dips" ETFs catch the eye.



1) WisdomTree International MidCap Dividend ETF (DIM): Although mid-caps seem to fit into the "forgotten-asset" class, this ETF features a fair yield of over 3.2%. Furthermore, DIM offers exposure into four different sectors (materials, consumer discretionary, industrials, and financials). A drop to $50 could set you up for a 10% to 15% gain over the medium-term.



2) Vanguard Value ETF (VTV): VTV holds plenty of Dow stocks, thus exposing it to a potential sliding effect if the Dow continues to stumble. VTV has put in a 25%+ run since September and continued dividend increases may boost VTV going forward. Initiating a position at $53 to $54 won't be so bad if VTV reaches the low 60s by the year's end.



Jason is a co-founder of Benzinga.com. Follow Benzinga on Twitter at http://Twitter.com/Benzinga.

Two Forgotten ETFs Worth Looking At originally appeared on BloggingStocks on Mon, 14 Mar 2011 18:00:00 EST. Please see our terms for use of feeds.

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