Name of ETF: First Trust NASDAQ Rising Dividend Achievers ETF
Benchmark Index: NASDAQ Rising Dividend Achievers Index
Ticker Symbol: RDVY
Approximate Number of Stocks in this ETF: 50
Types of Companies Included: Dividend paying companies that meet certain criteria. Examples of the criteria used include:
- Historical increase of dividends
- Recent positive growth in earnings
- Cash-to-debt ratio
- Dividend yield
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