First Trust SMID Cap Rising Dividend Achievers ETF
ALTAR
Score™
6.1% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
44.2x P/Sales
ratio
1.3x
P/BV
ratio
1.9x Div.
yield
1.8%


  • 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) $14
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) $5,612
Large cap (>$10bn) 15.1%
Mid cap ($2-10bn) 63.7%
Small cap (<$2bn) 21.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
DELEK US HOLDINGS INC 1.2 %
CADENCE BANCORPORATION CLASS A 1.2 %
FLIR SYSTEMS INC 1.2 %
EAST WEST BANCORP INC 1.2 %
PACWEST BANCORP 1.2 %
WESTERN ALLIANCE BANCORP 1.1 %
WARRIOR MET COAL, INC. 1.1 %
ARCH COAL INC CLASS A 1.1 %
POWER INTEGRATIONS INC 1.1 %
PACIFIC PREMIER BANCORP INC 1.1 %
Total 11.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.0 %
BERMUDA 1.8 %
PUERTO RICO 1.0 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
11.7% 11.7% -- -- 5.9%

Market Correlations
versus... Beta R-squared
S&P500 1.29 85%
MSCI EAFE 1.29 84%
MSCI Emg. Mkts. 1.05 71%

Technical Indicators
Recent close $25.44
30d moving avg. $24.33
Annualized volatility 26.3%
Short interest (ETF) 0.7%
Relative strength (RSI) 64

Liquidity measures
Avg. volume (thou.) 6
Turnover 1.1%
Bid/Ask (% of price) 0.17%
ADV underlying (mns) $4,753

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 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™: 6.1%


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
(%)
FNK First Trust Mid Cap Value AlphaDEX Fund 17.6 70 -10 7.7 +1.6
OUSM O'Shares FTSE Russell Small Cap Quality Dividend ETF 17.2 48 12 5.5 -0.6
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 15.9 20 40 7.1 +1.0
FXO First Trust Financials AlphaDEX Fund 15.8 63 -3 9.2 +3.1
AFMC First Trust Active Factor Mid Cap ETF 15.6 65 -5 5.2 -0.9
DON WisdomTree U.S. MidCap Dividend Fund 15.0 38 22 6.7 +0.5
KRE SPDR S&P Regional Banking ETF 14.1 35 25 7.5 +1.3
KBE SPDR S&P Bank ETF 14.0 35 25 8.2 +2.1
RFV Invesco S&P Midcap 400 Pure Value ETF 14.0 35 25 8.8 +2.7
RNMC Mid Cap US Equity Select ETF 13.8 60 0 6.1 -0.1
MDYV SPDR S&P 400 Mid Cap Value ETF 12.7 15 45 6.9 +0.8
IJJ iShares S&P Mid-Cap 400 Value ETF 12.7 18 42 6.9 +0.7
XMHQ Invesco S&P MidCap Quality ETF 12.6 25 35 5.3 -0.8
MIDF iShares Edge MSCI Multifactor USA Mid-Cap ETF 12.5 25 35 6.8 +0.7
PY Principal Shareholder Yield Index ETF 12.4 15 45 7.9 +1.7
EZM WisdomTree U.S. MidCap Earnings Fund 12.3 38 22 7.6 +1.4
JKL iShares Morningstar Small Cap Value ETF 11.8 30 30 7.6 +1.4
FNX First Trust Mid Cap Core AlphaDEX Fund 11.7 61 -1 5.1 -1.1
SYLD Cambria Shareholder Yield ETF 11.5 59 1 7.0 +0.9
RWK Invesco S&P MidCap 400 Revenue ETF 11.3 39 21 6.3 +0.2
XMVM Invesco S&P MidCap Value with Momentum ETF 11.2 39 21 8.0 +1.9
KBWR Invesco KBW Regional Banking ETF 11.0 35 25 7.5 +1.4
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 10.9 63 -3 5.2 -1.0
PEXL Pacer US Export Leaders ETF 10.8 60 0 4.7 -1.4
KLCD KFA Large Cap Quality Dividend Index ETF 10.8 42 18 5.1 -1.1
JKJ iShares Morningstar Small-Cap ETF 10.7 25 35 5.1 -1.1
XJH iShares ESG Screened S&P Mid-Cap ETF 10.6 12 48 5.4 -0.8
IVOV Vanguard S&P Mid-Cap 400 Value ETF 10.6 15 45 6.7 +0.6
IAT iShares U.S. Regional Banks ETF 10.6 42 18 7.9 +1.8
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 10.5 38 22 7.0 +0.9
MDY SPDR S&P Midcap 400 ETF Trust 10.3 23 37 5.1 -1.0
SPMD SPDR Portfolio Mid Cap ETF 10.3 5 55 5.3 -0.8
IJH iShares Core S&P Mid-Cap ETF 10.3 5 55 5.3 -0.8
RNSC Small Cap US Equity Select ETF 10.1 60 0 6.0 -0.2
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 10.1 35 25 7.2 +1.0
PSC Principal U.S. Small Cap Index ETF 10.1 38 22 4.6 -1.6
EWMC Invesco S&P MidCap 400 Equal Weight ETF 9.9 40 20 5.6 -0.5
FSMD Fidelity Small-Mid Factor ETF 9.9 29 31 5.2 -0.9
IVOO Vanguard S&P Mid-Cap 400 ETF 9.7 10 50 5.3 -0.9
VUSE Vident Core US Equity Fund 9.7 48 12 7.4 +1.2
JHSC John Hancock Multifactor Small Cap ETF 9.5 42 18 4.5 -1.6
SCHM Schwab U.S. Mid-Cap ETF 9.4 4 56 5.0 -1.1
RDVY First Trust Rising Dividend Achievers ETF 9.0 50 10 6.4 +0.3
ONEY SPDR Russell 1000 Yield Focus ETF 8.9 20 40 7.2 +1.1
HOMZ Hoya Capital Housing ETF 8.9 30 30 6.8 +0.7
VBR Vanguard Small Cap Value Index Fund 8.8 7 53 6.4 +0.3
AVUV Avantis U.S. Small Cap Value ETF 8.8 25 35 6.3 +0.2
FTXO First Trust Nasdaq Bank ETF 8.8 60 0 6.7 +0.6
ONEV SPDR Russell 1000 Low Volatility Focus ETF 8.5 20 40 6.2 +0.0
STMB iShares Factors US Mid Blend Style ETF 8.3 30 30 4.9 -1.2
CVY Invesco Zacks Multi-Asset Income ETF 8.3 94 -34 8.2 +2.1
BKSE BNY Mellon US Small Cap Core Equity ETF 8.3 4 56 4.7 -1.5
AUSF Global X Adaptive U.S. Factor ETF 8.2 27 33 8.0 +1.9
FOVL iShares Focused Value Factor ETF 8.1 25 35 7.8 +1.7
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 8.1 30 30 6.0 -0.1
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 8.1 35 25 4.9 -1.2
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 8.0 24 36 5.5 -0.7
RVRS Reverse Cap Weighted U.S. Large Cap ETF 8.0 29 31 6.2 +0.0
FAB First Trust Multi Cap Value AlphaDEX Fund 7.9 71 -11 7.5 +1.4
OSCV Opus Small Cap Value Plus ETF 7.8 79 -19 4.5 -1.6
DEEP Roundhill Acquirers Deep Value ETF 7.7 80 -20 7.8 +1.7
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 7.7 7 53 3.9 -2.3
XSHQ Invesco S&P SmallCap Quality ETF 7.5 29 31 5.3 -0.9
SMDY Syntax Stratified MidCap ETF 7.5 30 30 5.1 -1.0
KIE SPDR S&P Insurance ETF 7.5 35 25 8.2 +2.1
USMF WisdomTree U.S. Multifactor Fund 7.4 28 32 5.4 -0.8
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 7.4 17 43 4.0 -2.1
JHMM John Hancock Multifactor Mid Cap ETF 7.4 42 18 4.7 -1.5
MDYG SPDR S&P 400 Mid Cap Growth ETF 7.3 15 45 3.7 -2.4
IJK iShares S&P Mid-Cap 400 Growth ETF 7.3 17 43 3.7 -2.4
QSY WisdomTree U.S. LargeCap Value Fund 7.2 38 22 6.7 +0.6
VFQY Vanguard U.S. Quality Factor ETF 7.2 13 47 5.3 -0.9
VB Vanguard Small-Cap ETF 7.2 5 55 4.4 -1.7
VNMC Natixis Vaughan Nelson Mid Cap ETF 7.2 90 -30 6.1 -0.0
STLV iShares Factors US Value Style ETF 7.2 25 35 6.5 +0.4
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 7.2 30 30 5.4 -0.8
VIOV Vanguard S&P Small-Cap 600 Value ETF 7.1 15 45 6.9 +0.8
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 7.1 29 31 6.0 -0.1
DES WisdomTree U.S. SmallCap Dividend Fund 7.0 38 22 6.7 +0.5
VALQ American Century STOXX U.S. Quality Value ETF 7.0 29 31 7.8 +1.7
PBSM Invesco PureBeta MSCI USA Small Cap ETF 6.9 6 54 4.0 -2.1
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 6.9 41 19 5.4 -0.7
ONEO SPDR Russell 1000 Momentum Focus ETF 6.9 20 40 5.6 -0.5
SQLV Legg Mason Small-Cap Quality Value 6.8 62 -2 4.1 -2.1
JHMI John Hancock Multifactor Industrials ETF 6.8 40 20 5.1 -1.1
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 6.7 17 43 5.6 -0.5
ROSC Hartford Multifactor Small Cap ETF 6.7 34 26 6.5 +0.4
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 6.6 15 45 4.2 -2.0
RYJ Invesco Raymond James SB-1 Equity ETF 6.6 76 -16 3.7 -2.5
FYT First Trust Small Cap Value AlphaDEX Fund 6.6 72 -12 7.9 +1.8
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 6.6 80 -20 4.7 -1.5
QABA First Trust NASDAQ ABA Community Bank Index Fund 6.5 60 0 7.4 +1.3
AFSM First Trust Active Factor Small Cap ETF 6.5 77 -17 4.3 -1.8
BFOR Barron's 400 ETF 6.4 65 -5 5.6 -0.6
SFYX Sofi Next 500 ETF 6.4 0 60 4.8 -1.3
NUSC Nuveen ESG Small-Cap ETF 6.4 40 20 3.9 -2.2
VFVA Vanguard U.S. Value Factor ETF 6.4 14 46 8.5 +2.4
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 6.3 29 31 7.3 +1.2
VFMF Vanguard U.S. Multifactor ETF 6.2 19 41 6.1 -0.0

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:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.0 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 6.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.57 CATEGORY
AVERAGE
1.49
 
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.