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First Trust SMID Cap Rising Dividend Achievers ETF
SDVY (First Trust SMID Cap Rising Dividend Achievers ETF) is a factor US Dividend Equity ETF by First. With a 0.58% MER, it provides diversified exposure through 169 holdings. Quarterly distribution with a 1.14% yield.
SDVY by First is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
With a 0.58% MER, its fees are in line with category averages.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.