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Published on 25 Apr 2024 on Zacks via Yahoo Finance

Is First Trust Rising Dividend Achievers ETF (RDVY) a Strong ETF Right Now?

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Designed to provide broad exposure to the Style Box - Large Cap Value category of the market, the First Trust Rising Dividend Achievers ETF (RDVY) is a smart beta exchange traded fund launched on 01/07/2014.

What Are Smart Beta ETFs?

Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.

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