Not 0050 or 00878! Which High-Dividend ETFs Are Most Resilient? These 3 Become Safe Havens as Institutions Buy Aggressively

Following Taiwan's stock market's historic single-day plunge, volatility remains elevated. On Monday morning, the index briefly rebounded over 400 points, reclaiming the 43,000 level, but margin reduction and deleveraging pressures resurfaced, causing intraday swings of nearly 1,117 points. The market closed down 221.57 points at 42,449.70.

While heavyweight tech stocks like TSMC and Hon Hai provided some support, selling pressure was intense in small- and mid-cap stocks, memory, mature process, and passive component sectors, leading to a highly fragmented market. This divergence has prompted investors to refocus on defensive, resilient assets.

In this high-volatility environment, high-dividend ETFs—known for their dividend income, diversified portfolios, and relatively low volatility—have become key safe-haven options. Over the past month, the weighted index fell 8.64%, while several high-dividend ETFs posted significantly smaller losses. Notably, Yuanta Taiwan High Dividend Low Volatility (00713) declined only 2.43%; Dahua Premium High-Yield 30 (00918) followed with a 3.38% drop. United Taiwan High Dividend Momentum (00939) and FT Taiwan Sustainable High Dividend (00961) fell 4.01% and 4.42% respectively, both outperforming the broader market. This demonstrates that low-volatility, high-dividend, and momentum-screening strategies offer relative resilience in turbulent markets.

Institutional investors note that after the sharp market correction, investment logic has shifted from chasing pure growth themes to prioritizing cash flow, defensiveness, and stable shareholder bases. Especially as U.S. tech earnings, AI industry outlooks, and geopolitical risks continue to influence sentiment, high-dividend ETFs with diversified holdings and clear income narratives are better able to mitigate volatility from individual sectors or stocks.

Analyzing public-sector institutional trading data, the top three resilient ETFs did not see uniform buying. 00713, 00918, and 00939 were sold short by public institutions by 4,031, 34,515, and 2,531 shares respectively, indicating that even resilient products face short-term market adjustments and capital controls. In contrast, public funds concentrated buying in select high-dividend ETFs: FT Taiwan Sustainable High Dividend (00961) saw net buying of 32,797 shares, Yuanta High Dividend (0056) gained 86,029 shares, and Fuhua Taiwan Tech Premium Dividend (00929) added 37,459 shares. This reflects institutions' preference for large-scale, liquid, and thematically clear products when buying on dips.

Market commentary suggests that while short-term support—such as strength in Taiwan index futures night trading and rebound in the Philadelphia Semiconductor Index—may allow the index to test 43,000 again, resistance from trapped sellers and weak follow-through demand remains. Investors should avoid chasing rallies and instead adopt a 'keep the strong, drop the weak' strategy, prioritizing high-dividend, low-volatility ETFs with smaller drawdowns, strong liquidity, and solid underlying holdings as core defensive positions in volatile markets.

Below is a detailed performance and institutional trading overview of major high-dividend ETFs:

- Stock Code: 00713, Name: Yuanta Taiwan High Dividend Low Volatility, Closing Price: 60.2, Previous Day Change: -0.08, 1-Month Performance: -2.43, Public Institution Net Shares: -4,031, Net Value (K): -243,395 - Stock Code: 00918, Name: Dahua Premium High-Yield 30, Closing Price: 30.92, Previous Day Change: -0.29, 1-Month Performance: -3.38, Public Institution Net Shares: -34,515, Net Value (K): -1,110,298 - Stock Code: 00939, Name: United Taiwan High Dividend Momentum, Closing Price: 21.07, Previous Day Change: 0.1, 1-Month Performance: -4.01, Public Institution Net Shares: -2,531, Net Value (K): -54,173 - Stock Code: 00961, Name: FT Taiwan Sustainable High Dividend, Closing Price: 12.34, Previous Day Change: 0, 1-Month Performance: -4.42, Public Institution Net Shares: 32,797, Net Value (K): 415,395 - Stock Code: 00932, Name:兆豐永續高息等權, Closing Price: 16.89, Previous Day Change: -0.88, 1-Month Performance: -4.47, Public Institution Net Shares: -2,146, Net Value (K): -38,028 - Stock Code: 00731, Name: Fuhua FTSE High Dividend Low Volatility, Closing Price: 87.3, Previous Day Change: -0.4, 1-Month Performance: -4.64, Public Institution Net Shares: -73, Net Value (K): -6,550 - Stock Code: 00936, Name: Taishin Sustainable High Dividend Small-Mid Cap, Closing Price: 19.5, Previous Day Change: -0.86, 1-Month Performance: -5.34, Public Institution Net Shares: -1,430, Net Value (K): -29,966 - Stock Code: 0056, Name: Yuanta High Dividend, Closing Price: 49.95, Previous Day Change: -1.58, 1-Month Performance: -5.4, Public Institution Net Shares: 86,029, Net Value (K): 4,414,988 - Stock Code: 00915, Name: Cathay Preferred High Dividend 30, Closing Price: 30.27, Previous Day Change: -1.43, 1-Month Performance: -6.23, Public Institution Net Shares: -2,394, Net Value (K): -77,000 - Stock Code: 00730, Name: Fubon Taiwan Quality High Dividend, Closing Price: 27.1, Previous Day Change: -0.37, 1-Month Performance: -6.45, Public Institution Net Shares: -2, Net Value (K): -147 - Stock Code: 00878, Name: Cathay Sustainable High Dividend, Closing Price: 31.36, Previous Day Change: -1.41, 1-Month Performance: -6.86, Public Institution Net Shares: 6,510, Net Value (K): 203,242 - Stock Code: 00919, Name: Capital Securities Taiwan Premium High Dividend, Closing Price: 28.55, Previous Day Change: -1.31, 1-Month Performance: -7.34, Public Institution Net Shares: 24,230, Net Value (K): 694,658 - Stock Code: 00940, Name: Yuanta Taiwan Value High Dividend, Closing Price: 11.75, Previous Day Change: -1.09, 1-Month Performance: -7.48, Public Institution Net Shares: -15,438, Net Value (K): -193,866 - Stock Code: 00930, Name: Yuanta ESG Low-Carbon High Dividend, Closing Price: 23.44, Previous Day Change: 0.09, 1-Month Performance: -8.11, Public Institution Net Shares: -284, Net Value (K): -6,812 - Stock Code: 00946, Name: Capital Securities Tech High Dividend Growth, Closing Price: 14.07, Previous Day Change: -1.26, 1-Month Performance: -8.64, Public Institution Net Shares: -4,018, Net Value (K): -62,418 - Stock Code: TWA00, Name: Weighted Index, Closing Price: 42,449.7, Previous Day Change: -0.52, 1-Month Performance: -8.64 - Stock Code: 00943, Name: Mega Electronics High Dividend Equal Weight, Closing Price: 20.8, Previous Day Change: -0.81, 1-Month Performance: -8.81, Public Institution Net Shares: 58, Net Value (K): 1,308 - Stock Code: 00944, Name: Nomura Trend Momentum High Dividend, Closing Price: 20.14, Previous Day Change: -2, 1-Month Performance: -9.16, Public Institution Net Shares: -301, Net Value (K): -6,604 - Stock Code: 00900, Name: Fubon Select High Dividend 30, Closing Price: 17.73, Previous Day Change: -1.5, 1-Month Performance: -9.45, Public Institution Net Shares: -7,946, Net Value (K): -152,739 - Stock Code: 00929, Name: Fuhua Taiwan Tech Premium Dividend, Closing Price: 27.94, Previous Day Change: -2.03, 1-Month Performance: -10.16, Public Institution Net Shares: 37,459, Net Value (K): 1,098,571 - Stock Code: 00934, Name: CTBC Growth High Dividend, Closing Price: 25.73, Previous Day Change: -1.3, 1-Month Performance: -10.41, Public Institution Net Shares: 2,586, Net Value (K): 71,941

Source: CMoney, Data Date: July 20, 2026