FT Vest SMID Rising Dividend Achievers Target Income ETFFT Vest SMID Rising Dividend Achievers Target Income ETFFT Vest SMID Rising Dividend Achievers Target Income ETF

FT Vest SMID Rising Dividend Achievers Target Income ETF

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Key stats


Assets under management (AUM)
‪678.47 M‬USD
Fund flows (1Y)
‪484.76 M‬USD
Dividend yield (indicated)
8.44%
Discount/Premium to NAV
0.1%
Shares outstanding
‪31.75 M‬
Expense ratio
0.85%

About FT Vest SMID Rising Dividend Achievers Target Income ETF


Issuer
AJM Ventures LLC
Brand
FT Vest
Inception date
Aug 9, 2023
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33738D8204
SDVD aims for an 8% annual distribution, before fees and expenses, over the annual dividend yield of the Russell 2000 Index. However, the delivery of the target income is not assured. Distributions stem from dividends from small- and mid-cap companies within the Nasdaq US Small-Mid Cap Rising Dividend Achievers Index and premiums from selling naked index call options. These options are European style, written at-the-money, and will have expirations of less than 30 days. Each week, SDVD attempts to bridge the difference between the dividend income of its equity portfolio and its target distribution by selling at-the-money, naked call options on the Russell 2000 Index or related ETFs. The income from stock dividends and option premiums is expected to be distributed monthly. Investors should be aware that selling naked index call options carries a high level of risk.

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Classification


Asset Class
Alternatives
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Producer Manufacturing
Stocks100.45%
Finance31.41%
Producer Manufacturing18.30%
Industrial Services8.19%
Consumer Non-Durables5.78%
Technology Services5.75%
Consumer Services5.32%
Consumer Durables4.37%
Retail Trade4.16%
Process Industries3.14%
Commercial Services2.92%
Electronic Technology2.58%
Distribution Services1.68%
Health Services1.47%
Non-Energy Minerals1.39%
Energy Minerals1.24%
Utilities0.84%
Health Technology0.73%
Communications0.34%
Transportation0.16%
Miscellaneous0.11%
Bonds, Cash & Other−0.45%
Cash0.14%
Rights & Warrants−0.59%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SDVD trades at 21.38 USD today, its price has fallen −0.28% in the past 24 hours. Track more dynamics on SDVD price chart.
SDVD net asset value is 21.35 today — it's risen 0.93% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SDVD assets under management is ‪678.47 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SDVD price has risen by 0.61% over the last month, and its yearly performance shows a −11.32% decrease. See more dynamics on SDVD price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.53% increase in three-month performance and has decreased by −1.47% in a year.
SDVD fund flows account for ‪484.76 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SDVD invests in stocks. See more details in our Analysis section.
SDVD expense ratio is 0.85%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SDVD technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SDVD shows the buy signal. See more of SDVD technicals for a more comprehensive analysis.
Yes, SDVD pays dividends to its holders with the dividend yield of 8.44%.
SDVD trades at a premium (0.14%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SDVD shares are issued by AJM Ventures LLC
SDVD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 9, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.