First Trust ETF’s $10.7 B SMID Cap Dividend Portfolio Returns 10.2% YTD at 0.59% Fee
First Trust SMID Cap Rising Dividend Achievers ETF holds $10.69 billion in assets, offers a 1.53% 12-month yield and charges a 0.59% expense ratio. The 100-stock portfolio is 33.6% Industrials, returned 10.2% year-to-date and 15.82% over one year with a 1.08 beta and 19.74% volatility.
1. Fund Overview and AUM
The First Trust SMID Cap Rising Dividend Achievers ETF debuted on November 1, 2017, and tracks the NASDAQ US Small Mid Cap Rising Dividend Achievers Index. It holds $10.69 billion in assets across 100 small and mid-cap companies with a history of dividend increases.
2. Expense Ratio and Dividend Yield
The fund charges a 0.59% annual expense ratio, one of the highest among mid-cap value ETFs, and delivers a 1.53% 12-month trailing dividend yield to investors.
3. Sector Exposure and Top Holdings
Portfolio allocations are led by Industrials at 33.6%, followed by Financials and Consumer Discretionary, with Comfort Systems USA as the largest single holding at 1.57% and the top ten holdings comprising approximately 11.99% of assets.
4. Performance and Risk Metrics
The ETF has gained 10.2% year-to-date and 15.82% over the past year, has traded between $29.52 and $42.33 in the last 52 weeks, and carries a beta of 1.08 with a 19.74% standard deviation over three years.