📉   SDVY: Low Yield, Low Expectations For These Small/Mid-Cap Rising Dividend Achievers

Finance

I last reviewed the First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) on March 28, 2024, assigning it a "sell" rating based on its constituents' low expected dividend and earnings per share growth. Since that article was published, SDVY delivered a 3.86% total return, which was around the same as peers like the WisdomTree U.S. MidCap Dividend Fund ETF (DON) and the ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL).

seekingalpha.com     Sep 03, 2024