A smart beta exchange traded fund, the First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) debuted on 11/01/2017, and offers broad exposure to the Style Box - Mid Cap Value category of the market.
Looking for broad exposure to the Mid Cap Value segment of the US equity market? You should consider the First Trust SMID Cap Rising Dividend Achievers ETF (SDVY), a passively managed exchange traded fund launched on 11/01/2017.
SDVY tracks an Index of 100 small- and mid-cap U.S. stocks selected based on dividend growth, earnings growth, cash to debt, and dividend payout ratio screens. With a 1.85% expected dividend yield, influenced in large part by the fund's 0.60% expense ratio, SDVY is not aimed at attracting income investors. Instead, dividend growth is the objective. SDVY is on a two-year dividend growth streak, but I'm predicting that streak will end after this year concludes. Unfortunately, SDVY's recent total returns weren't too impressive, either.
Launched on 11/01/2017, the First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is a smart beta exchange traded fund offering broad exposure to the Style Box - Mid Cap Value category of the market.
Launched on 11/01/2017, the First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is a passively managed exchange traded fund designed to provide a broad exposure to the Mid Cap Value segment of the US equity market.
First Trust SMID Cap Rising Dividend Achievers ETF focuses on small and mid-cap stocks with a history of increasing dividends. SDVY is diversified across sectors, with a focus on financials and industrials. The fund has outperformed its competitor, ProShares S&P Midcap 400 Dividend Aristocrats ETF, and offers potential for growing income.
Designed to provide broad exposure to the Style Box - Mid Cap Value category of the market, the First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is a smart beta exchange traded fund launched on 11/01/2017.