RNDV US Equity Dividend Select ETF

Seeks to track, before fees and expenses, the Nasdaq Riskalyze US Equity Dividend Select Index. To be eligible for inclusion in the Index, a security must meet certain criteria, including being a member of the Nasdaq US 500 Large Cap Index and having a trailing twelve month dividend yield higher than the Nasdaq US 500 Large Cap Index. Sector weights are assigned that are equal to the sector weights within the Nasdaq US 500 Large Cap Index. Securities within each sector are weighted by dividend yield. The index is rebalanced and reconstituted on a quarterly basis.

$27.42  0.00 (0.00%)
As of 03/16/2023 00:00:00 EST     IEX book   CBOE book

ETF Information
Sponsor:     First Trust
Category1:  US Equity
Category2:  Broad market
Category3:  Large cap
Morningstar category:  Large Value
Leverage factor:  1.00
Inception date:  06/20/2017
Index tracking method: Passive replication
Current yield:  2.40%
Historical average yield:  2.60%
Market cap:  $24,667,058
Average volume:  10,775
Fees:     0.5000%

Index Information
Nasdaq Riskalyze US Large Cap Select Dividend Index
Index symbol:  NQRSKUSLD
Provider:   NASDAQ OMX
Total return index symbol:  NQRSKUSLDT
Index weighting:   Dividend weighted
Index inception date:  06/13/2017
Backtesting data exists:   Yes
Number of holdings:  137
Strategy:  Dividend investing
Factors used to select securities:

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