This natural resources ETF has quietly outperformed the S&P 500 so far this year with a 5% return
Quick reading Amplify Natural Resources Dividend Income ETF (NDIV): Up 35% YTD with monthly distributions returning approximately 5%. The NDIV’s outperformance depends largely on gold miners, particularly Agnico Eagle, benefiting from the strength of the bullion rally. Oil prices below $80 per barrel would restrict dividend coverage and significantly compress monthly NDIV payments. The analyst…