Cboe Canada Launches First Trust SMID Cap Rising Dividend Achievers ETF
ETR: SDVY
TORONTO, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Cboe Canada Inc., a wholly owned subsidiary of Cboe Global Markets, Inc. (NASDAQ: CBOE), today announced the launch of the First Trust SMID Cap Rising Dividend Achievers ETF (the "ETF" or "SDVY"). SDVY is designed to provide investors with exposure to a diversified portfolio of North American small-cap and mid-cap companies that have a history of increasing their dividends.
Key Features of SDVY:
- Unique Investment Approach: SDVY tracks the Nasdaq SMID Cap Rising Dividend Achievers Index, which is comprised of 100 North American small-cap and mid-cap companies with a history of increasing their dividends for at least five consecutive years.
- Dividend Growth Potential: The ETF provides investors with the potential for dividend growth and income through its focus on companies with a track record of increasing their dividends.
- Diversification: SDVY offers diversification across a broad range of sectors and industries, reducing the risk associated with investing in a single company or sector.
- Low Cost: The ETF has a management fee of 0.40%, making it a cost-effective option for investors.
About Cboe Canada:
Cboe Canada is a leading exchange operator in Canada, providing trading services for a wide range of equity, ETF, and fixed income products. Cboe Canada is a wholly owned subsidiary of Cboe Global Markets, Inc., one of the world's largest exchange holding companies.
About First Trust:
First Trust is a leading provider of exchange-traded funds (ETFs) and other investment products. First Trust offers over 150 ETFs covering a wide range of asset classes and investment strategies.
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