SHRY
First Trust Exchange-Traded Fund VI First Trust Bloomberg Shareholder Yield ETF
📎 Investment Objective
The First Trust Bloomberg Shareholder Yield ETF (SHRY) seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg US Shareholder Yield Index.
Overview
ETF tracking First Trust Exchange-Traded Fund VI First Trust Bloomberg Shareholder Yield ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Bloomberg Shareholder Yield ETF (SHRY) seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg US Shareholder Yield Index.
🎯 Investment Strategy
The fund invests in a portfolio of equity securities that are selected based on their potential to provide high levels of shareholder yield, which is a combination of dividend payments and other forms of cash returns to shareholders such as buybacks and debt reduction.
✨ Key Features
- Focuses on companies with a history of returning cash to shareholders through dividends and other means
- Seeks to provide exposure to a diversified portfolio of value-oriented stocks
- Employs a rules-based index methodology to identify and weight eligible securities
- Has a low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market conditions
- Sector concentration risk: The fund may be more heavily invested in certain sectors, which could make it more vulnerable to adverse developments in those areas
- Value investing risk: The fund's value-oriented approach may underperform growth or other investment styles at various times
- Liquidity risk: Some of the fund's holdings may be less liquid, which could affect the fund's ability to sell them at desired prices
👤 Best For
The First Trust Bloomberg Shareholder Yield ETF may be suitable for investors seeking exposure to a diversified portfolio of value-oriented stocks that have a history of returning cash to shareholders. It may be particularly appealing to investors with a long-term investment horizon who are looking to generate income and capital appreciation through a focus on shareholder yield.