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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)
$7,549,564
AUM
$1,052,733,052
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

ALLY
Ally Financial Inc
1.09%
AGCO
AGCO Corp.
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CIVI
Civitas Resources Inc - Ordinary Shares New
1.07%
SM
SM Energy Co
1.07%
SNV
Synovus Financial Corp.
1.07%
MTDR
Matador Resources Co
1.06%
CALM
Cal-Maine Foods, Inc.
1.06%
MGY
Magnolia Oil & Gas Corp - Ordinary Shares - Class A
1.06%
CMC
Commercial Metals Co.
1.06%
CHRD
Chord Energy Corp - Ordinary Shares - New
1.06%
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 EZM, FNK, DFAT

SDVY
First Trust Exchange-Traded Fund VI - First Trust SMID Cap Rising Dividend Achievers ETF
EZM
WisdomTree Trust - WisdomTree U.S. MidCap Fund
FNK
First Trust Exchange-Traded Fund III - First Trust Mid Cap Value AlphaDEX Fund
DFAT
Dimensional ETF Trust - Dimensional U.S. Targeted Value ETF
VBR
Vanguard Group, Inc. - Vanguard Small Cap Value ETF
FAB
First Trust Exchange-Traded Fund III - First Trust Multi Cap Value AlphaDEX Fund
DFAS
Dimensional ETF Trust - Dimensional U.S. Small Cap ETF
IVOO
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 ETF
DFSV
Dimensional ETF Trust - Dimensional US Small Cap Value ETF
SPMD
SPDR Series Trust - SPDR Portfolio S&P 400 Mid Cap ETF
ISCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Small-Cap Value 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 toSDVY

#BUTTERFLY

Golden Butterfly

Category

Getting Defensive

Risk Rating

Moderate

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

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 -0.0641%. This is the percent change in the value of SDVY over the most recent 1-month period. The 3-month return on SDVY is 0.0241%. 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 0.2595%. 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 FDL, DFAC, and VIG.

ETFs correlated to SDVY include EZM, FNK, and DFAT.

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

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.