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ETFs

First Trust Rising Dividend Achievers ETF

RDVY
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Today’s Change
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Snapshot
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Inception Date
Jan 07 2014
Expense Ratio
0.50%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$32,869,257
AUM
$7,570,704,086
Associated Index
NASDAQ Rising Dividend Achievers Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

MGY
Magnolia Oil & Gas Corp - Ordinary Shares - Class A
2.09%
CHRD
Chord Energy Corp - Ordinary Shares - New
2.08%
FCX
Freeport-McMoRan Inc
2.07%
XOM
Exxon Mobil Corp.
2.05%
COP
Conoco Phillips
2.04%
CIVI
Civitas Resources Inc - Ordinary Shares New
2.04%
AXP
American Express Co.
2.03%
MS
Morgan Stanley
2.03%
AFL
Aflac Inc.
2.02%
ADM
Archer Daniels Midland Co.
2.02%
Invest with RDVY

What is RDVY?

First Trust NASDAQ Rising Dividend Achievers ETF is an exchange-traded fund incorporated in the USA. The Fund will normally invest in securities that comprise the NASDAQ US Rising Dividend Achievers Index. The Index is composed of the securities of 50 companies with a history of raising their dividends and exhibit the characteristics to continue to do so in the future.

ETFs related toRDVY

ETFs correlated to RDVY include RDVI, JVAL, VLUE

RDVY
First Trust Exchange-Traded Fund III - First Trust Rising Dividend Achievers ETF
RDVI
First Trust Exchange-Traded Fund IV - FT Cboe Vest Rising Dividend Achievers Target Income ETF
JVAL
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Value Factor ETF
VLUE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Value Factor ETF
FNDB
Schwab Strategic Trust - Schwab Fundamental U.S. Broad Market Index ETF
AVUS
American Century ETF Trust - Avantis U.S. Equity ETF
FEX
First Trust Exchange-Traded Fund III - First Trust Large Cap Core AlphaDEX Fund
VLU
SPDR Series Trust - SPDR S&P 1500 Value Tilt ETF
PRF
Invesco Capital Management LLC - Invesco FTSE RAFI US 1000 ETF
FTA
First Trust Exchange-Traded Fund III - First Trust Large Capital Value AlphaDEX Fund
FNDX
Schwab Strategic Trust - Schwab Fundamental U.S. Large Company Index ETF

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 toRDVY

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#OPUS-12

Opus-12

Category

Opus

Risk Rating

Moderate

Create your own algorithmic trading strategy with RDVY using Composer

FAQ

RDVY is a US Equities ETF. First Trust NASDAQ Rising Dividend Achievers ETF is an exchange-traded fund incorporated in the USA. The Fund will normally invest in securities that comprise the NASDAQ US Rising Dividend Achievers Index. The Index is composed of the securities of 50 companies with a history of raising their dividends and exhibit the characteristics to continue to do so in the future.

RDVY tracks the NASDAQ Rising Dividend Achievers Index.

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

No, RDVY 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, RDVY 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 RDVY is -0.0689%. This is the percent change in the value of RDVY over the most recent 1-month period. The 3-month return on RDVY is -0.0056%. This is the percent change in the value of RDVY over the most recent 3-month period.

The standard deviation of RDVY for the past year is 0.2523%. 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 RDVY include VYM, FDL, and SDY.

ETFs correlated to RDVY include RDVI, JVAL, and VLUE.

ETFs that are inversely correlated to RDVY include SKF, FAZ, and SEF.

Disclaimers

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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.