Dividend etf is a special index fund, which closely tracks the performance of the underlying index, pursues the minimization of tracking deviation and tracking error, and has high dividends or even discounts. Due to different trading venues, it is divided into on-site funds and off-site funds. Investors with stock accounts can basically buy stocks and charge fees according to the transaction volume. The trading of OTC dividend ETF requires investors to open capital accounts on relevant platforms and then conduct trading activities.

Is dividend etf an index fund in narrow sense?

Belongs to the narrow index fund. The fund is a special strategic weighted fund, namely the theme index. Narrow base index includes theme index and industry index. Dividend etf is a dividend index fund, so it belongs to a narrow index fund.