This study, using the methods of Rate of return, examining the FTSE TWSE Taiwan Dividend+ Index and its constituent stocks’ performance in compare with the FTSE TWSE Taiwan 50 Index, Taiwan Mid-Cap 100 Index, the weighted price Index of the Taiwan Stock Exchange average return, and 12-month certificate of deposit rate under the different market states. According to the study, the FTSE TWSE Taiwan Dividend+ Index and its constituent stocks’ performance are ideal investment options for conservative investors.