First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)

Profile

First Trust SMID Rising Dividend Achievers UCITS ETF Class A Accumulation is an equity exchange-traded fund designed to track the performance of the Nasdaq US Small Mid Cap Rising Dividend Achievers Index. This ETF primarily invests in a diversified portfolio of small and mid-capitalization US companies that have demonstrated a consistent record of increasing their dividends over recent years, highlighting their commitment to shareholder returns and financial stability. Through full physical replication, the fund holds all constituents of the underlying index, ensuring high fidelity to its benchmark. All dividends received from portfolio companies are automatically reinvested, as this is an accumulation share class, which aims to foster capital growth within the fund rather than paying out periodic income to investors. With a total expense ratio of 0.60% per annum and a fund size of over EUR 200 million, the ETF offers investors transparent access to the US equity market's growth and income segment. Its focus on rising dividend achievers makes it particularly relevant for those seeking exposure to companies with a strong track record of maintaining and increasing returns to shareholders within the dynamic US small and mid-cap sector.