SDVY

First Trust SMID Cap Rising Dividend Achievers ETF

$37.49
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) seeks to provide investment results that correspond generally to the price and yield performance of the NASDAQ US Small Mid Cap Rising Dividend Achievers Index.

Overview

ETF tracking First Trust SMID Cap Rising Dividend Achievers ETF

Category Mid Cap
Issuer First Trust
Inception Date 2017-11-02
Market Cap $8.8B
Average Volume N/A
Dividend Yield 1.47%
52-Week Range $29.52 - $40.33
VWAP $37.49

Performance

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Investment Summary

📎 Investment Objective

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) seeks to provide investment results that correspond generally to the price and yield performance of the NASDAQ US Small Mid Cap Rising Dividend Achievers Index.

🎯 Investment Strategy

The fund invests at least 90% of its net assets in the common stocks that comprise the underlying index. The index is designed to provide exposure to small and mid-cap U.S. companies that have a history of increasing their dividends annually.

✨ Key Features

  • Focuses on small and mid-cap U.S. companies with a history of rising dividends
  • Tracks the NASDAQ US Small Mid Cap Rising Dividend Achievers Index
  • Diversified portfolio across multiple sectors
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Exposure to small and mid-cap stocks, which may be more volatile than large-cap stocks
  • Dividend-paying stocks are not guaranteed to continue paying dividends
  • Potential for underperformance compared to the broader market
  • Limited performance history and assets under management

👤 Best For

This ETF may be suitable for investors seeking exposure to small and mid-cap U.S. companies with a focus on rising dividends, as part of a diversified portfolio. It may be most appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.