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Don't ETF index funds all have dividends?
No, all funds can pay dividends, but only when the fund's performance is good, and the fund's dividends must meet the following conditions: 1, and the fund can only pay dividends after the current year's income makes up for the previous year's losses; 2. After the distribution of fund income, the unit net value cannot be lower than the face value; 3. If the fund investment has a net loss in the current period, it cannot be distributed.

When the fund pays dividends, all investors who hold the fund can participate. However, if the fund pays dividends to some investors, it will not bring real benefits to investors (the total assets of investors will not change), and the fund price will drop after the fund pays dividends.