COMPARE ASEI vs IUKD16 Apr 2021 00:08
Hi Soton and anyone else,
I've mentioned previously the similarities bw these two shares.
Having just looked at their SPs since 31/3/20, their performance has been more or less identical with a 41% rise for IUKD and 40% for ASEI.
There has been a chnage in divi yields though as IUKD cut to 27p over last 12 months vs 46.7p previous 12 months.
While ASEI has paid 20.6p vs 20.8p.
I made a choice in December to switch from IUKD to ASEI and have been lucky to find that ASEI has outperformed IUKD in this period (+19% vs + 12.7%). and has paid a much bigger divi too (3.3% vs 1.7%).
My plan is to stay with ASEI for now, but may well switch back to IUKD in due course if there is divergence in performance, on the basis I would buy the laggard for recovery.
I run a similar comparison with tobacco stocks IMB and BATS, to try and time sales and purchases.
This is not everybody's cup of tea, but just gives some alternatives to holdings in a p/f is there is room.
Cheers - CSDI