First Trust SMID Cap Rising Dividend Achievers ETF

First Trust SMID Cap Rising Dividend Achievers ETF is an exchange-traded fund that focuses on U.S. small- and mid-cap companies with a record of rising dividends. The fund seeks to track a rules-based index of stocks that have increased dividends over multiple annual periods and that also meet fundamental quality screens, including profitability, balance-sheet strength, and payout discipline. Its portfolio is equal-weighted, which reduces concentration in any single holding and gives broader representation across its underlying holdings. The ETF spans a range of sectors, including industrials, financials, consumer staples, technology, health care, and materials, making it a diversified way to access dividend-growing companies in the SMID-cap segment. Managed by First Trust Advisors, First Trust SMID Cap Rising Dividend Achievers ETF serves as a core equity building block for investors seeking exposure to companies that combine dividend growth with mid- to smaller-sized U.S. businesses.