TDIV

First Trust Exchange-Traded Fund VI First Trust NASDAQ Technology Dividend Index Fund

$96.05

+0.00%

Market closed. Last update: 12:33 PM ET

📎 Investment Objective

The First Trust NASDAQ Technology Dividend Index Fund (TDIV) seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ Technology Dividend Index.

Overview

ETF tracking First Trust Exchange-Traded Fund VI First Trust NASDAQ Technology Dividend Index Fund

Category Target Date

Issuer First Trust

Inception Date 2012-08-14

Market Cap $3.6B

Average Volume N/A

Dividend Yield 1.37%

52-Week Range $64.41 - $102.50

VWAP $95.90

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund will normally invest at least 90% of its net assets in the common stocks and depositary receipts that comprise the NASDAQ Technology Dividend Index. The index is designed to provide exposure to the 100 largest technology and telecommunications companies by market capitalization that pay a regular dividend.

✨ Key Features

Provides exposure to large-cap technology and telecommunications companies that pay dividends
Tracks the NASDAQ Technology Dividend Index, which is designed to identify high-yielding stocks in the technology and telecom sectors
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Sector concentration risk as the fund is focused on the technology and telecommunications sectors
Dividend payment risk as companies may reduce or eliminate dividends
Market risk as the value of the fund's holdings may decline due to general market conditions
Limited performance history makes it difficult to evaluate the fund's long-term potential

👤 Best For

This ETF may be suitable for investors seeking exposure to dividend-paying technology and telecommunications stocks as part of a diversified portfolio. However, the limited performance history means it may be more appropriate for investors with a higher risk tolerance and longer investment horizon.