KNGZ

First Trust Exchange-Traded Fund VI First Trust S&P 500 Diversified Dividend Aristocrats ETF

$34.87

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) seeks to track the investment results of an index that measures the performance of S&P 500 companies that have increased their annual dividend payments for at least 25 consecutive years.

Overview

ETF tracking First Trust Exchange-Traded Fund VI First Trust S&P 500 Diversified Dividend Aristocrats ETF

Category Dividend

Issuer First Trust

Inception Date 2017-06-21

Market Cap $52.3M

Average Volume N/A

Dividend Yield 2.57%

52-Week Range $27.91 - $36.10

VWAP $34.88

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF employs a passive management strategy, seeking to track the performance of the S&P 500 Dividend Aristocrats Index. The index is composed of S&P 500 companies that have increased their annual dividend payments for at least 25 consecutive years.

✨ Key Features

Focuses on S&P 500 companies with a long history of consistent dividend growth
Provides exposure to large-cap, dividend-paying stocks
Passively tracks the S&P 500 Dividend Aristocrats Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Market risk: The value of the ETF's holdings may decline due to general market conditions
Dividend risk: Companies may reduce or eliminate dividend payments, which could negatively impact the fund's performance
Concentration risk: The fund's performance is closely tied to the S&P 500 Dividend Aristocrats Index, which may be less diversified than the broader market
Liquidity risk: The ETF may have difficulty trading certain securities at an advantageous time or price

👤 Best For

The First Trust S&P 500 Diversified Dividend Aristocrats ETF may be suitable for long-term investors seeking exposure to large-cap, dividend-paying stocks with a history of consistent dividend growth. The fund's focus on dividend aristocrats may appeal to investors looking for a stable source of income and potential capital appreciation over the long term.