From Seekingalpha · Crimson And Gold Research · · 40s
RDVY ETF Holds Amid High Rates
RDVY ETF shows capital growth with low income in high-rate environment.
In brief
RDVY ETF shows capital growth with low income in high-rate environment. The First Trust Rising Dividend Achievers ETF (RDVY) holds due to mixed risk-return dynamics and weak dividend profile despite strong YTD returns. Originally reported by Seekingalpha.
First Trust Rising Dividend Achievers ETF
The fund is rated Hold due to mixed risk-return dynamics and disappointing dividend profile.
RDVY Portfolio Focus
The fund screens for companies with rising dividends, positive earnings growth, and cash-to-debt ratio above 50%.
RDVY Performance Metrics
RDVY shows 15.29% YTD return but has low yield at 0.85% and high downside capture risk.
Here's the gist
The First Trust Rising Dividend Achievers ETF (RDVY) holds due to mixed risk-return dynamics and weak dividend profile despite strong YTD returns.
