First Trust SMID Cap Rising Dividend Achievers ETF
ALTAR
Score™
8.7% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
32.7x P/Sales
ratio
0.9x
P/BV
ratio
1.3x Div.
yield
2.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
SDVY tracks an equally weighted index of small- and midcap US companies with historically increasing dividends that meet various fundamental criteria.

FUND BASICS
Category US Equities
Fund Sponsor First Trust
Website www.ftportfolios.com
Inception date Nov 02, 2017
Assets (mns) $9
Currency USD
Expense ratio 60 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Equal
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 99
Wgt avg mkt cap (mns) $4,308
Large cap (>$10bn) 6.2%
Mid cap ($2-10bn) 67.4%
Small cap (<$2bn) 26.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MEDIFAST INC 1.3 %
NU SKIN ENTERPRISES INC - A 1.2 %
BOISE CASCADE CO 1.1 %
MDC HOLDINGS INC 1.1 %
HOWMET AEROSPACE INC. 1.1 %
COGNEX CORP 1.1 %
WEST PHARMACEUTICAL SERVICES 1.1 %
JOHNSON OUTDOORS INC-A 1.1 %
WHIRLPOOL CORP 1.1 %
C.H. ROBINSON WORLDWIDE INC 1.1 %
Total 11.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.2 %
BERMUDA 2.0 %
PUERTO RICO 1.0 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-18.1% -13.0% -- -- -5.0%

Market Correlations
versus... Beta R-squared
S&P500 1.31 90%
MSCI EAFE 1.37 84%
MSCI Emg. Mkts. 1.02 71%

Technical Indicators
Recent close $17.08
30d moving avg. $17.68
Annualized volatility 25.2%
Short interest (ETF) 0.1%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 4
Turnover 0.8%
Bid/Ask (% of price) 0.18%
ADV underlying (mns) $7,120

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the First Trust SMID Cap Rising Dividend Achievers ETF ETF based on the alternatives' overlap in portfolio holdings with SDVY. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SDVY Expense: 60 bp ALTAR Score™: 8.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SDVY
Ticker Fund
Name
Overlap1
vs SDVY
(%)
Expense
ratio
(bp)
Savings
vs SDVY
(bp)
ALTAR
Score™
(%)
ALTAR
vs SDVY
(%)
OUSM O'Shares FTSE Russell Small Cap Quality Dividend ETF 19.9 48 12 5.9 -2.9
FNK First Trust Mid Cap Value AlphaDEX Fund 18.2 70 -10 10.6 +1.9
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 17.6 20 40 9.7 +1.0
EQWM Invesco S&P MidCap Quality ETF 15.4 25 35 6.4 -2.3
FXO First Trust Financials AlphaDEX Fund 15.4 63 -3 11.8 +3.1
DON WisdomTree U.S. MidCap Dividend Fund 15.1 38 22 7.8 -0.9
AFMC First Trust Active Factor Mid Cap ETF 15.0 65 -5 6.4 -2.3
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 14.2 29 31 10.0 +1.3
RNMC Mid Cap US Equity Select ETF 13.8 60 0 8.0 -0.7
PXMV Invesco S&P MidCap Value with Momentum ETF 13.7 39 21 10.4 +1.7
EZM WisdomTree U.S. MidCap Earnings Fund 13.6 38 22 9.4 +0.7
QSY WisdomTree U.S. LargeCap Value Fund 13.3 38 22 6.9 -1.8
KRE SPDR S&P Regional Banking ETF 13.2 35 25 11.6 +2.9
JKL iShares Morningstar Small Cap Value ETF 13.1 30 30 10.7 +2.0
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 12.5 63 -3 7.2 -1.5
MDYV SPDR S&P 400 Mid Cap Value ETF 12.2 15 45 8.9 +0.2
IJJ iShares S&P Mid-Cap 400 Value ETF 12.2 25 35 8.8 +0.1
KBE SPDR S&P Bank ETF 12.2 35 25 11.8 +3.1
PEXL Pacer US Export Leaders ETF 12.0 60 0 6.1 -2.6
IVOV Vanguard S&P Mid-Cap 400 Value ETF 11.8 15 45 8.8 +0.1
PY Principal Shareholder Yield Index ETF 11.5 29 31 9.7 +1.0
MIDF iShares Edge MSCI Multifactor USA Mid-Cap ETF 11.5 25 35 7.9 -0.8
FNX First Trust Mid Cap Core AlphaDEX Fund 11.5 61 -1 6.6 -2.1
CVY Invesco Zacks Multi-Asset Income ETF 11.3 97 -37 11.8 +3.1
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 11.3 35 25 9.7 +1.0
RWK Invesco S&P MidCap 400 Revenue ETF 11.2 39 21 8.3 -0.4
TPHD Timothy Plan High Dividend Stock ETF 10.8 52 8 7.8 -0.9
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 10.8 38 22 9.3 +0.6
MDY SPDR S&P Midcap 400 ETF Trust 10.6 23 37 6.6 -2.1
SPMD SPDR Portfolio Mid Cap ETF 10.6 5 55 6.8 -1.9
IJH iShares Core S&P Mid-Cap ETF 10.6 6 54 6.8 -2.0
SCHM Schwab U.S. Mid-Cap ETF 10.5 4 56 6.4 -2.3
FSMD Fidelity Small-Mid Factor ETF 10.5 29 31 7.2 -1.5
AVUV Avantis U.S. Small Cap Value ETF 10.3 25 35 9.6 +0.9
IVOO Vanguard S&P Mid-Cap 400 ETF 10.3 10 50 6.6 -2.1
VUSE Vident Core US Equity Fund 10.2 48 12 8.5 -0.2
EWMC Invesco S&P MidCap 400 Equal Weight ETF 9.9 40 20 7.4 -1.3
PSC Principal U.S. Small Cap Index ETF 9.6 38 22 7.2 -1.5
XSHQ Invesco S&P SmallCap Quality ETF 9.4 29 31 6.8 -1.9
VAMO Cambria Value & Momentum ETF 9.3 64 -4 7.8 -0.9
KBWR Invesco KBW Regional Banking ETF 9.2 35 25 11.7 +3.0
HOMZ Hoya Capital Housing ETF 9.1 45 15 7.9 -0.8
IAT iShares U.S. Regional Banks ETF 9.0 42 18 11.1 +2.4
DES WisdomTree U.S. SmallCap Dividend Fund 8.8 38 22 9.0 +0.3
ONEY SPDR Russell 1000 Yield Focus ETF 8.8 20 40 9.5 +0.8
SMDY Syntax Stratified MidCap ETF 8.8 30 30 6.5 -2.2
RDVY First Trust Rising Dividend Achievers ETF 8.8 50 10 8.0 -0.7
VBR Vanguard Small Cap Value Index Fund 8.7 7 53 8.6 -0.1
IJK iShares S&P Mid-Cap 400 Growth ETF 8.7 24 36 5.0 -3.7
MDYG SPDR S&P 400 Mid Cap Growth ETF 8.7 15 45 5.1 -3.6
SYLD Cambria Shareholder Yield ETF 8.6 59 1 9.1 +0.4
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 8.6 30 30 8.0 -0.7
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 8.6 7 53 5.6 -3.1
JHSC John Hancock Multifactor Small Cap ETF 8.6 42 18 6.1 -2.6
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 8.5 15 45 5.0 -3.7
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 8.4 35 25 8.5 -0.2
RFV Invesco S&P Midcap 400 Pure Value ETF 8.4 35 25 10.8 +2.1
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 8.3 24 36 6.3 -2.4
RNSC Small Cap US Equity Select ETF 8.2 60 0 8.0 -0.7
TPLC Timothy Plan US Large Cap Core ETF 8.1 52 8 5.6 -3.1
TPSC Timothy Plan US Small Cap Core ETF 8.1 52 8 8.5 -0.2
STLV iShares Factors US Value Style ETF 8.0 25 35 7.9 -0.8
FAB First Trust Multi Cap Value AlphaDEX Fund 8.0 71 -11 9.8 +1.1
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 8.0 80 -20 5.8 -2.9
ONEV SPDR Russell 1000 Low Volatility Focus ETF 8.0 20 40 7.2 -1.6
VFMF Vanguard U.S. Multifactor ETF 7.8 19 41 7.3 -1.4
SQLV Legg Mason Small-Cap Quality Value 7.8 62 -2 8.1 -0.6
KIE SPDR S&P Insurance ETF 7.8 35 25 10.2 +1.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 7.8 16 44 5.3 -3.4
USMF WisdomTree U.S. Multifactor Fund 7.8 28 32 5.5 -3.2
RZG Invesco S&P Smallcap 600 Pure Growth ETF 7.7 35 25 6.1 -2.6
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 7.7 30 30 5.8 -2.9
VB Vanguard Small-Cap ETF 7.6 5 55 5.5 -3.2
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 7.5 35 25 6.5 -2.2
JKJ iShares Morningstar Small-Cap ETF 7.5 25 35 6.9 -1.9
RVRS Reverse Cap Weighted U.S. Large Cap ETF 7.5 29 31 8.3 -0.4
PMOM Principal Sustainable Momentum Index ETF 7.4 29 31 9.3 +0.6
JHMM John Hancock Multifactor Mid Cap ETF 7.4 42 18 5.9 -2.8
IJT iShares S&P Small-Cap 600 Growth ETF 7.4 25 35 5.3 -3.5
SLYG SPDR S&P 600 Small Cap Growth ETF 7.4 15 45 5.4 -3.3
PXSG Invesco S&P SmallCap Momentum ETF 7.4 39 21 5.1 -3.6
FTXO First Trust Nasdaq Bank ETF 7.3 60 0 9.0 +0.3
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 7.2 40 20 6.3 -2.4
FXD First Trust Consumer Discretionary AlphaDEX Fund 7.2 64 -4 7.9 -0.8
XMLV Invesco S&P MidCap Low Volatility ETF 7.2 25 35 5.7 -3.0
RYJ Invesco Raymond James SB-1 Equity ETF 7.2 82 -22 3.7 -5.0
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 7.1 35 25 8.7 +0.0
VFQY Vanguard U.S. Quality Factor ETF 7.0 13 47 6.1 -2.6
AFSM First Trust Active Factor Small Cap ETF 6.9 75 -15 5.8 -2.9
WBIY WBI Power Factor High Dividend ETF 6.8 70 -10 12.5 +3.8
ISMD Inspire Small/Mid Cap Impact ETF 6.7 60 0 6.7 -2.0
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 6.7 29 31 6.8 -1.9
VBK Vanguard Small-Cap Growth Index Fund 6.7 7 53 2.5 -6.2
AUSF Global X Adaptive U.S. Factor ETF 6.7 27 33 8.0 -0.7
BFOR Barron's 400 ETF 6.7 65 -5 6.4 -2.3
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 6.5 35 25 8.5 -0.2
FOVL iShares Focused Value Factor ETF 6.4 25 35 10.7 +2.0
JSML Janus Henderson Small Cap Growth Alpha ETF 6.4 30 30 7.9 -0.8
PVAL Principal Contrarian Value Index ETF 6.4 29 31 10.4 +1.7
CFA VictoryShares US 500 Volatility Weighted Index ETF 6.3 35 25 6.0 -2.7

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
First Trust SMID Cap Rising Dividend Achievers ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.9 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 8.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.62 CATEGORY
AVERAGE
1.52
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.