<a href="https://www.suredividend.com/dividend-aristocrats-list/#performance" rel="nofollow noopener noreferrer ugc" target="_blank">https://www.suredividend.com/dividend-aristocrats-list/#performance</a> <br> <b>And my favorite part within the article:</b> <br> <br> Note that a good portion of the outperformance relative to the S&P 500 comes during recessions (2000 – 2002, 2008). Dividend Aristocrats have historically seen smaller drawdowns during recessions versus the S&P 500. This makes holding through recessions that much easier. Case-in-point: In 2008 the Dividend Aristocrats Index declined 22%. That same year, the S&P 500 declined 38%. <br> <br> Great businesses with strong competitive advantages tend to be able to generate stronger cash flows during recessions. This allows them to gain market share while weaker businesses fight to stay alive.