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 MSCI ESG Analytics Insight
First Trust US Equity Dividend Select ETF has an MSCI ESG Fund Rating of AA based on a score of 7.36 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust US Equity Dividend Select ETF ranks in the 58th percentile within its peer group and in the 39th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
RNDV MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
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 Economic Development
RNDV Performance Statistics
RNDV MSCI ESG Ratings
RNDV Benchmark Comparison Summary
RNDV Benchmark Comparison Market Cap Size