SDVY

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) invests in U.S. small‑ and mid‑cap equity securities that have a documented history of increasing their dividends, covering a broad range of sectors such as industrials, financials and consumer discretionary. It seeks to track the Nasdaq US Small Mid Cap Rising Dividend Achievers™ Index, using an equal‑weight, quarterly‑rebalanced approach that screens for earnings growth, cash strength and sustainable payout ratios. The fund is designed for investors who want exposure to dividend‑growth opportunities in smaller companies while pursuing both income and long‑term capital appreciation, and who are comfortable with the higher volatility typical of small‑ and mid‑cap stocks.