First Trust Rising Dividend Achievers ETF (RDVY)

First Trust Rising Dividend Achievers ETF (RDVY) is an exchange-traded fund in the Large Value category. It has $25.44B in assets, an expense ratio of 0.47% and a 0.83% dividend yield. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stock and depositary receipts that comprise the index. According to the index Provider, the index measures the performance of a selection of securities that have increased their dividend value over the previous three year and five-year annual periods. The index is comprised of four Sub-Portfolios.