TDIVFirst Trust NASDAQ Technology Dividend Index Fund
TDIV Fund Description
TDIV tracks a modified dividend-weighted index of US-listed technology companies that pay regular dividends.
TDIV Factset Analytics Insight
TDIV holds a dividend-weighted portfolio of up to 100 companies classified as a technology or telecommunications company under the Industry Classification Benchmark. TDIV limits its portfolio to US-listed stocks that pay dividends: Two filters that significantly narrow the global technology universe, causing it to exclude certain segment giants. Its international exposure comes mostly from ADRs. The companies included are first weighted according to their dividend yield relative to other securities within the index, then adjusted accordingly so that tech companies occupy up to 80% of the index, while the telecom companies occupy only 20%. It meets its mandate with the highest dividend yield in the segment, but its approach doesn't necessarily mean that it will outperform our benchmark on a risk-adjusted basis. Rebalancing occurs quarterly while reconstitution occurs semi-annually.
TDIV MSCI ESG Analytics Insight
First Trust NASDAQ Technology Dividend Index Fund has an MSCI ESG Fund Rating of AAA based on a score of 8.67 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 NASDAQ Technology Dividend Index Fund ranks in the 87th percentile within its peer group and in the 88th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
TDIV 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.
TDIV Summary Data
TDIV Portfolio Data
TDIV Index Data
TDIV Portfolio Management
TDIV Tax Exposures
TDIV Fund Structure
TDIV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of TDIV. TDIV is rated a 5 out of 5.
TDIV Sector/Industry Breakdown
TDIV Economic Development
TDIV Performance Statistics
TDIV MSCI ESG Ratings
TDIV Benchmark Comparison Summary
TDIV Benchmark Comparison Market Cap Size