RDVY 📈 First Trust Rising - Overview

Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US33738R5063 • Large Value

RDVY: Stocks, Dividend, Paying, Companies, US, Large, Mid, Small

The First Trust Rising Dividend Achievers ETF, listed on the NASDAQ under the ticker symbol RDVY, is designed to track the performance of a specific index that focuses on dividend growth. This index is comprised of common stocks and depositary receipts of small, mid, and large capitalization companies that have a proven track record of increasing their dividend payouts. To be included in the index, these companies must exhibit certain characteristics, such as strong cash balances, low debt levels, and a history of rising earnings, which are indicative of their potential to continue raising dividends in the future. The fund's investment strategy involves allocating at least 90% of its net assets to the securities that make up the index, providing investors with a diversified portfolio of dividend-growing companies.

By investing in the RDVY ETF, investors gain access to a broad range of companies across various market capitalizations, from small to large, that have demonstrated a commitment to dividend growth. The ETF's underlying index is designed to identify companies with the financial strength and stability to support increasing dividend payments over time. This approach can provide investors with a regular income stream, as well as the potential for long-term capital appreciation. The fund is managed by First Trust, a well-established investment management company based in the United States, and is listed on the NASDAQ, providing investors with a liquid and easily accessible way to invest in a diversified portfolio of dividend-growing companies.

The RDVY ETF is classified as a large value ETF, indicating that it focuses on investing in larger companies with value characteristics, such as low price-to-earnings ratios and high dividend yields. The fund's investment objective is to provide investors with a total return that corresponds to the price and yield performance of the underlying index. With its diversified portfolio of dividend-growing companies and its focus on large capitalization stocks, the RDVY ETF can be a useful addition to a long-term investment portfolio, providing a regular income stream and the potential for capital appreciation over time. The fund's details, including its investment strategy and performance, can be found on the website of First Trust, the fund's issuer, at http://www.ftportfolios.com/.

Additional Sources for RDVY ETF

RDVY ETF Overview

Market Cap in USD 13,259m
Category Large Value
TER 0.49%
IPO / Inception 2014-01-06

RDVY ETF Ratings

Growth 5y 73.7%
Fundamental -
Dividend 58.9%
Rel. Strength Industry 2.15
Analysts -
Fair Price Momentum 59.52 USD
Fair Price DCF -

RDVY Dividends

Dividend Yield 12m 1.14%
Yield on Cost 5y 2.06%
Annual Growth 5y 14.14%
Payout Consistency 95.8%

RDVY Growth Ratios

Growth Correlation 3m 59.5%
Growth Correlation 12m 93.5%
Growth Correlation 5y 80.8%
CAGR 5y 12.47%
CAGR/Mean DD 5y 1.67
Sharpe Ratio 12m 0.77
Alpha -11.88
Beta 1.10
Volatility 21.46%
Current Volume 895k
Average Volume 20d 824k
What is the price of RDVY stocks?
As of December 22, 2024, the stock is trading at USD 59.29 with a total of 894,978 shares traded.
Over the past week, the price has changed by -5.34%, over one month by -4.97%, over three months by -0.67% and over the past year by +14.96%.
Is First Trust Rising a good stock to buy?
Yes. Based on ValueRay Analyses, First Trust Rising (NASDAQ:RDVY) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 73.69 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of RDVY as of December 2024 is 59.52. This means that RDVY is currently overvalued and has a potential downside of 0.39%.
Is RDVY a buy, sell or hold?
First Trust Rising has no consensus analysts rating.
What are the forecast for RDVY stock price target?
According to ValueRays Forecast Model, RDVY First Trust Rising will be worth about 66.4 in December 2025. The stock is currently trading at 59.29. This means that the stock has a potential upside of +11.99%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 66.4 12%