First Trust SMID Cap Rising Dividend Achievers ETF
ALTAR
Score™
13.1% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
10.1x P/Sales
ratio
0.7x
P/BV
ratio
1.1x Div.
yield
3.7%


  • 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 01, 2017
Assets (mns) $7
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) $3,686
Large cap (>$10bn) 4.6%
Mid cap ($2-10bn) 61.1%
Small cap (<$2bn) 34.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
JACK HENRY & ASSOCIATES INC 1.8 %
NIC INC 1.7 %
FACTSET RESEARCH SYSTEMS INC 1.6 %
WERNER ENTERPRISES INC 1.5 %
STEPAN CO 1.5 %
GRACO INC 1.5 %
JACOBS ENGINEERING GROUP INC 1.5 %
ARGAN INC 1.4 %
SCHNEIDER NATIONAL, INC. CLASS B 1.4 %
TETRA TECH INC 1.4 %
Total 15.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.7 %
BERMUDA 1.0 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-33.9% -27.1% -- -- -13.8%

Market Correlations
versus... Beta R-squared
S&P500 1.34 88%
MSCI EAFE 1.33 81%
MSCI Emg. Mkts. 1.03 70%

Technical Indicators
Recent close $13.28
30d moving avg. $16.25
Annualized volatility 24.3%
Short interest (ETF) 1.8%
Relative strength (RSI) 31

Liquidity measures
Avg. volume (thou.) 17
Turnover 3.1%
Bid/Ask (% of price) 0.53%
ADV underlying (mns) $4,176

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™: 13.1%


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 24.8 48 12 9.1 -3.9
EQWM Invesco S&P MidCap Quality ETF 22.1 25 35 7.0 -6.1
FNK First Trust Mid Cap Value AlphaDEX Fund 17.8 70 -10 16.4 +3.4
RNMC Mid Cap US Equity Select ETF 16.0 60 0 10.3 -2.8
EZM WisdomTree U.S. MidCap Earnings Fund 15.6 38 22 14.2 +1.1
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 13.7 20 40 10.5 -2.5
DON WisdomTree U.S. MidCap Dividend Fund 13.7 38 22 11.2 -1.8
PY Principal Shareholder Yield Index ETF 13.5 29 31 12.9 -0.2
FNX First Trust Mid Cap Core AlphaDEX Fund 13.5 61 -1 10.5 -2.6
MDY SPDR S&P Midcap 400 ETF Trust 13.4 23 37 9.1 -3.9
MDYV SPDR S&P 400 Mid Cap Value ETF 13.3 15 45 12.4 -0.6
IJJ iShares S&P Mid-Cap 400 Value ETF 13.3 25 35 12.3 -0.7
SPMD SPDR Portfolio Mid Cap ETF 13.3 5 55 9.3 -3.7
IJH iShares Core S&P Mid-Cap ETF 13.3 6 54 9.3 -3.8
IVOV Vanguard S&P Mid-Cap 400 Value ETF 13.1 15 45 12.5 -0.5
MDYG SPDR S&P 400 Mid Cap Growth ETF 13.1 15 45 6.9 -6.2
IVOO Vanguard S&P Mid-Cap 400 ETF 13.1 10 50 9.3 -3.8
IJK iShares S&P Mid-Cap 400 Growth ETF 13.1 24 36 6.8 -6.2
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 13.0 15 45 6.9 -6.2
KRE SPDR S&P Regional Banking ETF 12.8 35 25 16.4 +3.3
KBE SPDR S&P Bank ETF 12.7 35 25 16.3 +3.2
AVUV Avantis U.S. Small Cap Value ETF 12.3 25 35 13.9 +0.9
FXO First Trust Financials AlphaDEX Fund 12.2 63 -3 14.4 +1.3
KBWR Invesco KBW Regional Banking ETF 11.9 35 25 15.4 +2.3
VSDA VictoryShares Dividend Accelerator ETF 11.6 35 25 5.9 -7.2
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 11.6 40 20 8.2 -4.9
PXMV Invesco S&P MidCap Value with Momentum ETF 11.4 39 21 14.2 +1.1
SCHM Schwab U.S. Mid-Cap ETF 11.2 4 56 9.2 -3.8
SFYX Sofi Next 500 ETF 11.1 0 60 8.3 -4.7
EWMC Invesco S&P MidCap 400 Equal Weight ETF 11.0 40 20 10.0 -3.1
RWK Invesco S&P MidCap 400 Revenue ETF 10.9 39 21 12.0 -1.0
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 10.8 63 -3 9.8 -3.3
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 10.8 38 22 13.6 +0.6
MIDF iShares Edge MSCI Multifactor USA Mid-Cap ETF 10.3 25 35 10.3 -2.8
OSCV Opus Small Cap Value Plus ETF 10.2 79 -19 8.4 -4.7
QSY WisdomTree U.S. LargeCap Value Fund 10.2 38 22 9.9 -3.2
QABA First Trust NASDAQ ABA Community Bank Index Fund 10.2 60 0 13.7 +0.6
VBR Vanguard Small Cap Value Index Fund 10.2 7 53 12.3 -0.7
XSHQ Invesco S&P SmallCap Quality ETF 10.1 29 31 8.1 -4.9
PVAL Principal Contrarian Value Index ETF 9.9 29 31 10.8 -2.3
FSMD Fidelity Small-Mid Factor ETF 9.8 29 31 10.1 -2.9
SQLV Legg Mason Small-Cap Quality Value 9.7 62 -2 11.7 -1.4
CSB Victory CEMP US Small Cap High Dividend Volatility Wtd Idx E 9.6 35 25 12.8 -0.3
AFMC First Trust Active Factor Mid Cap ETF 9.6 65 -5 10.0 -3.1
RNSC Small Cap US Equity Select ETF 9.5 60 0 9.7 -3.3
ONEV SPDR Russell 1000 Low Volatility Focus ETF 9.5 20 40 9.7 -3.4
FYT First Trust Small Cap Value AlphaDEX Fund 9.4 72 -12 14.1 +1.0
IAT iShares U.S. Regional Banks ETF 9.4 42 18 15.9 +2.8
TPLC Timothy Plan US Large Cap Core ETF 9.3 52 8 7.5 -5.6
SMDY Syntax Stratified MidCap ETF 9.3 30 30 9.4 -3.7
JKJ iShares Morningstar Small-Cap ETF 9.1 25 35 9.3 -3.8
JKL iShares Morningstar Small Cap Value ETF 9.0 30 30 15.4 +2.3
NUSC Nuveen ESG Small-Cap ETF 9.0 40 20 7.6 -5.4
VB Vanguard Small-Cap ETF 8.6 5 55 8.2 -4.8
SDY SPDR S&P Dividend ETF 8.4 35 25 8.2 -4.8
RFV Invesco S&P Midcap 400 Pure Value ETF 8.4 35 25 16.9 +3.9
OMFS Oppenheimer Russell 2000 Dynamic Multifactor ETF 8.3 39 21 8.9 -4.2
VUSE Vident Core US Equity Fund 8.2 48 12 11.3 -1.8
KLCD KFA Large Cap Quality Dividend Index ETF 8.1 41 19 6.8 -6.3
ONEY SPDR Russell 1000 Yield Focus ETF 8.0 20 40 12.4 -0.7
ONEO SPDR Russell 1000 Momentum Focus ETF 8.0 20 40 9.6 -3.5
DES WisdomTree U.S. SmallCap Dividend Fund 8.0 38 22 12.7 -0.4
TPHD Timothy Plan High Dividend Stock ETF 8.0 52 8 9.6 -3.4
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 7.9 17 43 9.2 -3.9
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 7.9 35 25 9.4 -3.7
CVY Invesco Zacks Multi-Asset Income ETF 7.8 97 -37 18.8 +5.8
PSC Principal U.S. Small Cap Index ETF 7.8 38 22 11.0 -2.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 7.8 70 -10 4.7 -8.4
RFG Invesco S&P Midcap 400 Pure Growth ETF 7.8 35 25 6.2 -6.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 7.7 24 36 8.5 -4.5
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 7.7 17 43 7.4 -5.7
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 7.5 30 30 10.9 -2.2
FAB First Trust Multi Cap Value AlphaDEX Fund 7.5 71 -11 13.7 +0.7
JHSC John Hancock Multifactor Small Cap ETF 7.5 50 10 8.9 -4.2
FNDA Schwab Fundamental U.S. Small Co. Index ETF 7.5 25 35 9.9 -3.2
SYLD Cambria Shareholder Yield ETF 7.4 59 1 15.5 +2.4
IUSS Invesco Strategic US Small Company ETF 7.4 23 37 9.1 -3.9
JHMM John Hancock Multifactor Mid Cap ETF 7.3 44 16 8.4 -4.6
HOMZ Hoya Capital Housing ETF 7.3 45 15 11.6 -1.5
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 7.2 29 31 9.4 -3.7
PAVE Global X U.S. Infrastructure Development ETF 7.2 47 13 8.4 -4.7
VBK Vanguard Small-Cap Growth Index Fund 7.2 7 53 3.9 -9.1
JHMI John Hancock Multifactor Industrials ETF 7.1 40 20 8.7 -4.3
PBSM Invesco PureBeta MSCI USA Small Cap ETF 7.1 6 54 8.1 -5.0
CZA Invesco Zacks Mid-Cap ETF 7.0 76 -16 9.6 -3.5
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 7.0 30 30 8.7 -4.4
RDVY First Trust Rising Dividend Achievers ETF 6.9 50 10 10.3 -2.7
AFSM First Trust Active Factor Small Cap ETF 6.8 75 -15 9.8 -3.3
PRN Invesco DWA Industrials Momentum ETF 6.8 60 0 6.4 -6.6
VAMO Cambria Value & Momentum ETF 6.7 64 -4 9.7 -3.3
SMMD iShares Russell 2500 ETF 6.7 15 45 8.2 -4.9
CSA Victory CEMP US Small Cap Volatility Weighted Index ETF 6.7 35 25 11.8 -1.3
TPSC Timothy Plan US Small Cap Core ETF 6.7 52 8 11.2 -1.9
ETHO Etho Climate Leadership U.S. ETF 6.6 47 13 6.8 -6.2
PHO Invesco Water Resources ETF 6.6 60 0 5.0 -8.1
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 6.5 35 25 7.9 -5.1
FLAG FLAG-Forensic Accounting Long Short ETF 6.5 152 -92 12.1 -1.0
VFMF Vanguard U.S. Multifactor ETF 6.5 18 42 11.2 -1.9
XSLV Invesco S&P SmallCap Low Volatility ETF 6.4 25 35 12.0 -1.1
EES WisdomTree SmallCap Earnings Fund 6.4 38 22 18.6 +5.6

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 15.1 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 13.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.63 CATEGORY
AVERAGE
1.51
 
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.