RNDVFirst Trust US Equity Dividend Select ETF
RNDV Fund Description
RNDV tracks a sector-neutral US large-cap index selected and weighted by dividends.
RNDV Factset Analytics Insight
RNDV utilizes a US large-cap, sector-neutral, dividend-focused strategy. Starting from the Nasdaq US 500 Large Cap Index, RDNV selects stocks with 12-month dividend yields that are positive and higher than the average yield in the parent index. Then, it applies sector weights in line with the parent index and weights individual stocks by dividend yield within each sector (those with higher dividend yields are given a greater weight in the index relative to the other securities in the sector). The index is rebalanced and reconstituted on a quarterly basis. The result should be a portfolio of above-average dividend yielding stocks. Because it avoids overweighting sectors with higher dividend yields, all in all the fund provides a sector-neutral, yield-weighted exposure to US large-caps.
RNDV Summary Data
RNDV Portfolio Data
RNDV Index Data
RNDV Portfolio Management
RNDV Tax Exposures
RNDV Fund Structure
RNDV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RNDV. RNDV is rated a 5 out of 5.
RNDV Sector/Industry Breakdown
RNDV Top 10 Holdings[View All]
RNDV Economic Development
RNDV Performance Statistics
RNDV Benchmark Comparison Summary
RNDV Benchmark Comparison Market Cap Size