I wanted to self manage my own fund of dividend stocks so I made my own etf on m1 finance. M1 is great for categorizing investments into pies. I categorized my stocks into pies according to the sector.

Criteria:

It is not a good idea to buy stocks just because they pay a dividend. You have to look at the whole picture. For my fund, I included stocks that pay a dividend yield of at least 3%, chose stocks across different sectors, and with a competitive advantage or essential operations. I also looked for stocks that had fairly stable or increasing price performance but I also included a few that don’t have a consistent increase in price. When I choose stocks, I do not care as much about appreciation because I do not plan on ever selling my investments. I prefer to collect cash flow instead of betting on a price going up to sell at a later date. The fund currently has a total of 55 holdings and a portfolio dividend yield of about 10%.

The current top 10 positions in my high yield etf include:

See the whole fund here:

https://m1.finance/aW4cOU29AyCO