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
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
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 |
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%.
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%.
First Trust Rising has no consensus analysts rating.
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% |