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ETFs

First Trust Exchange-Traded Fund VI First Trust SMID Cap Rising Dividend Achievers ETF

SDVY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 01 2017
Expense Ratio
0.60%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$11,669,192
AUM
$1,424,940,055
Associated Index
Nasdaq US Small Mid Cap Rising Dividend Achievers Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

CALM
Cal-Maine Foods, Inc.
1.08%
UNM
Unum Group
1.06%
TPL
Texas Pacific Land Corporation
1.06%
MATX
Matson Inc
1.05%
STLD
Steel Dynamics Inc.
1.05%
RGR
Sturm, Ruger & Co., Inc.
1.05%
OLED
Universal Display Corp.
1.04%
WSO
Watsco Inc. - Ordinary Shares - Class A
1.04%
BCC
Boise Cascade Co
1.03%
BHE
Benchmark Electronics Inc.
1.03%
Invest with SDVY

What is SDVY?

The First Trust SMID Cap Rising Dividend Achievers ETF, seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called the NASDAQ US Small Mid Cap Rising Dividend Achievers Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in securities that comprise the Index. The Index is composed of the securities of 100 small and mid cap companies with a history of raising their dividends and exhibit the characteristics to continue to do so in the future ("Index Securities"). The Index is designed to provide access to a portfolio of small and mid capitalization income producing securities.

ETFs related toSDVY

ETFs correlated to SDVY include DFAT, VBR, DFSV

SDVY
First Trust Exchange-Traded Fund VI - First Trust SMID Cap Rising Dividend Achievers ETF
DFAT
Dimensional ETF Trust - Dimensional U.S. Targeted Value ETF
VBR
Vanguard Group, Inc. - Vanguard Small Cap Value ETF
DFSV
Dimensional ETF Trust - Dimensional US Small Cap Value ETF
EZM
WisdomTree Trust - WisdomTree U.S. MidCap Fund
DFAS
Dimensional ETF Trust - Dimensional U.S. Small Cap ETF
AVUV
American Century ETF Trust - Avantis U.S. Small Cap Value ETF
FNDA
Schwab Strategic Trust - Schwab Fundamental U.S. Small Company Index ETF
IJJ
BlackRock Institutional Trust Company N.A. - iShares S&P Mid-Cap 400 Value ETF
MDYV
SPDR Series Trust - SPDR S&P 400 Mid Cap Value ETF
DON
WisdomTree Trust - WisdomTree U.S. MidCap Dividend Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSDVY

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#SAM

Spread Across the Market

Category

Getting Defensive, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with SDVY using Composer

FAQ

SDVY is a US Equities ETF. The First Trust SMID Cap Rising Dividend Achievers ETF, seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called the NASDAQ US Small Mid Cap Rising Dividend Achievers Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in securities that comprise the Index. The Index is composed of the securities of 100 small and mid cap companies with a history of raising their dividends and exhibit the characteristics to continue to do so in the future ("Index Securities"). The Index is designed to provide access to a portfolio of small and mid capitalization income producing securities.

SDVY tracks the Nasdaq US Small Mid Cap Rising Dividend Achievers Index.

SDVY dividend information: Dividend - Regular Payors. Dividend payouts may vary in terms of frequency of payouts.

No, SDVY is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SDVY is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SDVY is -0.0188%. This is the percent change in the value of SDVY over the most recent 1-month period. The 3-month return on SDVY is 0.0342%. This is the percent change in the value of SDVY over the most recent 3-month period.

The standard deviation of SDVY for the past year is 0.225%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SDVY include VIG, VYM, and FDL.

ETFs correlated to SDVY include DFAT, VBR, and DFSV.

ETFs that are inversely correlated to SDVY include TWM, TZA, and RWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.