SDVY
First Trust SMID Cap Rising Dividend Achievers ETF · First Trust
Dividend ETFs
1Y Return
+13.7%
Expense Ratio
0.59%
AUM
$12B
Dividend Yield
0.97%
Avg Annual Growth (Since Inception)
+10.4%
Issuer
First Trust

Overview

Small and mid-cap companies with rising dividends, growing earnings and strong balance sheets — RDVY's playbook applied below the large-cap line.

Top Holdings

TickerHoldingWeight
JXNJackson Financial1.2%
SNASnap-on Inc.1.1%
RGAReinsurance Group1.1%
OCOwens Corning1.1%
EMEEMCOR Group1.1%
ALLYAlly Financial1.0%
UNMUnum Group1.0%
AITApplied Industrial Tech.1.0%
PRIPrimerica Inc.1.0%
MLIMueller Industries1.0%

Fund Details

Index
Nasdaq US SMID Rising Dividend Achievers
# Holdings
~100
Inception
Nov 2017
Exchange
Nasdaq
Structure
Open-End Fund
Distribution
Quarterly
Avg Annual Growth (Since Inception)
+10.4%
Avg Annual Yield (Since Inception)
1.34%

Investment Thesis

Dividend growth screens work even better in smaller companies, where a rising payout backed by earnings and low debt is a rarer, stronger quality signal than among the mega-caps everyone screens. SDVY applies the Rising Dividend Achievers filter to the SMID universe — financials- and industrials-heavy, equal-weighted — and has quietly become one of First Trust's biggest funds at $12B.

Who It's For

Total-return investors who want quality small/mid caps chosen by dividend discipline rather than a raw index. The natural SMID companion to RDVY, with the same fee caveat.

10-Year History

Annual Closing Price
YearClose% Chg
2016----
2017$21.58--
2018$19.63-9.0%
2019$24.54+25.0%
2020$26.02+6.0%
2021$33.82+30.0%
2022$30.10-11.0%
2023$36.12+20.0%
2024$40.45+12.0%
2025$44.50+10.0%
Annual Dividend Yield
YearYield
2016--
20171.40%
20181.70%
20191.50%
20201.40%
20211.10%
20221.50%
20231.40%
20241.10%
20251.00%
Annual AUM
YearAUM% Chg
2016----
2017$0.1B--
2018$0.3B+200.0%
2019$0.5B+66.7%
2020$0.7B+40.0%
2021$2B+185.7%
2022$3B+50.0%
2023$5B+66.7%
2024$8B+60.0%
2025$10B+25.0%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of September 2026.

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