RDVY
First Trust Rising Dividend Achievers ETF
📎 Investment Objective
The First Trust Rising Dividend Achievers ETF (RDVY) seeks to provide investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ US Rising Dividend Achievers Index.
Overview
ETF tracking First Trust Rising Dividend Achievers ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Rising Dividend Achievers ETF (RDVY) seeks to provide investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ US Rising Dividend Achievers Index.
🎯 Investment Strategy
The fund will normally invest at least 90% of its net assets in the common stocks that comprise the NASDAQ US Rising Dividend Achievers Index. The index is designed to provide exposure to U.S. companies that have increased their annual dividend for a minimum of five consecutive fiscal years.
✨ Key Features
- Focuses on U.S. companies with a history of rising dividends
- Seeks to track the NASDAQ US Rising Dividend Achievers Index
- Diversified portfolio across multiple sectors
- Potential for capital appreciation and dividend income
⚠️ Primary Risks
- Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
- Dividend risk: Companies may reduce or eliminate dividends, negatively impacting the fund's performance
- Sector concentration risk: The fund may be more susceptible to economic, political, or regulatory events affecting a particular sector
- Tracking error risk: The fund may not perfectly track the underlying index
👤 Best For
This ETF may be suitable for long-term investors seeking exposure to U.S. companies with a history of rising dividends and the potential for capital appreciation. Investors should have a moderate risk tolerance and a time horizon of at least 5 years.