The SDVY Exchange Traded Fund (ETF) is provided by First Trust. This ETF provides exposure to Equally Weighted Mid and Small-Cap US Equities.
It is built to track an index: Nasdaq US SMID Cap Rising Dividend Achievers Total Return Index. This ETF provides physical exposure, by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly).
This share class generates a stream of income by distributing dividends.
- Full Name: First Trust SMID Cap Rising Dividend Achievers ETF
- ISIN: US33741X1028
- Currency: USD
- Provider: First Trust
- Expense Ratio: 0.6%
- Inception: November 1, 2017
- Index Tracked: Nasdaq US SMID Cap Rising Dividend Achievers Index
- Asset Class: Stocks
- Region Focus: United States
- Dividend Policy: Distributing