SDVD - ETF AI Analysis

Top Page

FT Cboe Vest SMID Rising Dividend Achievers Target Income ETF (SDVD)

Rating:72Outperform

Price Target:―

The ETF SDVD has a solid overall rating, reflecting a balanced mix of strong-performing holdings. EnerSys (ENS) and Mueller Industries (MLI) stand out as key contributors due to their robust financial health, positive earnings sentiment, and reasonable valuations, which support a bullish outlook. However, weaker holdings like Installed Building Products (IBP), with high leverage and declining cash flow, may have slightly held back the fund’s rating. A potential risk factor is the ETF’s exposure to stocks nearing overbought levels, which could lead to price corrections.

Positive Factors

Strong Top Holdings

Several of the ETF's largest positions, such as Comfort Systems and InterDigital, have delivered strong year-to-date gains, supporting overall performance.

Sector Diversification

The ETF spreads its investments across multiple sectors, including Financials, Industrials, and Consumer Cyclical, reducing reliance on any single industry.

Healthy Asset Base

The fund has a solid asset base of over $640 million, indicating investor confidence and stability.

Negative Factors

High Expense Ratio

The ETF charges a relatively high expense ratio of 0.85%, which can eat into investor returns over time.

Weak Recent Performance

The fund has posted negative returns over the past month and year-to-date, which may concern investors seeking consistent growth.

Geographic Concentration

With nearly all its exposure in U.S. companies, the ETF lacks diversification across international markets, increasing sensitivity to domestic economic conditions.

SDVD vs. SPDR S&P 500 ETF (SPY)

AUM724.86M

RegionNorth America

Expense Ratio0.85%

Beta0.88

IssuerFT Vest

Inception DateAug 09, 2023

Dividend YieldN/A

Asset ClassAlternatives

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume149,598

30 Day Avg. Volume138,394

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

24.60

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering176

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

SDVD Summary

The FT Cboe Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) focuses on small and mid-sized companies in the U.S. that consistently increase their dividends. This ETF includes businesses like Comfort Systems and InterDigital, offering a mix of growth potential and steady income. It’s a great option for investors looking to diversify their portfolio while benefiting from both income and capital appreciation. However, because it targets smaller companies, its performance can be more volatile compared to funds focused on larger, established firms.

How much will it cost me?The expense ratio for the SDVD ETF is 0.85%, which means you’ll pay $8.50 per year for every $1,000 invested. This is higher than average because the fund is actively managed, focusing on small and mid-cap companies with rising dividends, which requires more research and management effort.

What would affect this ETF?The SDVD ETF, focused on U.S. small and mid-cap companies with rising dividends, could benefit from economic growth and increased consumer spending, which would positively impact sectors like financials, industrials, and consumer cyclical. However, it may face challenges from rising interest rates or economic slowdowns, which could pressure smaller companies and dividend-paying stocks. Regulatory changes or sector-specific disruptions in industries like technology or energy could also influence its performance.

SDVD Top 10 Holdings

The SDVD ETF is leaning heavily into financials and industrials, which together make up nearly 60% of the fund’s sector exposure. Comfort Systems and EnerSys are rising stars, delivering steady gains thanks to strong financial performance and bullish sentiment. Coca-Cola Bottling Co Consolidated is also bubbling up, driven by robust revenue growth, though overbought signals suggest caution. On the flip side, Installed Building Products is lagging, weighed down by declining cash flow and residential market challenges. With its U.S.-focused portfolio, the fund’s positioning reflects a bet on dividend-paying small and mid-cap companies with growth potential.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
FIX	Comfort Systems	1.63%	$11.12M	$34.25B	99.52%	75 Outperform
IDCC	InterDigital	1.33%	$9.05M	$9.27B	83.22%	76 Outperform
ENS	EnerSys	1.23%	$8.36M	$5.27B	48.37%	78 Outperform
WWD	Woodward	1.19%	$8.10M	$17.85B	66.52%	76 Outperform
RL	Ralph Lauren	1.14%	$7.77M	$22.52B	66.71%	78 Outperform
IBP	Installed Building Products	1.12%	$7.62M	$7.35B	20.14%	68 Neutral
MLI	Mueller Industries	1.09%	$7.40M	$12.25B	36.56%	78 Outperform
COKE	Coca-Cola Bottling Co Consolidated	1.08%	$7.35M	$14.01B	24.89%	71 Outperform
YOU	Clear Secure	1.07%	$7.33M	$4.73B	36.04%	79 Outperform
PSMT	Pricesmart	1.04%	$7.08M	$3.83B	37.94%	77 Outperform

SDVD Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

21.13

Positive

100DMA

21.02

Positive

200DMA

20.02

Positive

Market Momentum

MACD

0.23

Negative

RSI

65.00

Neutral

STOCH

57.21

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SDVD, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 21.56, equal to the 50-day MA of 21.13, and equal to the 200-day MA of 20.02, indicating a bullish trend. The MACD of 0.23 indicates Negative momentum. The RSI at 65.00 is Neutral, neither overbought nor oversold. The STOCH value of 57.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SDVD.

SDVD Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
SDVD	―	―	$724.86M	0.85%	―
CGMM	―	―	$1.11B	0.51%	―
RSMC	―	―	$715.66M	0.75%	―
MSSM	―	―	$678.04M	0.57%	―
NBSM	―	―	$199.22M	0.65%	―
SMIZ	―	―	$168.53M	0.56%	―

Performance Comparison

SDVD

FT Cboe Vest SMID Rising Dividend Achievers Target Income ETF

21.91

1.98

9.93%

CGMM

Capital Group U.S. Small and Mid Cap ETF

―

RSMC

Rockefeller U.S. Small-Mid Cap ETF

―

MSSM

Morgan Stanley Pathway Small-Mid Cap Equity ETF

―

NBSM

Neuberger Berman Small-Mid Cap ETF

―

SMIZ

Zacks Small/Mid Cap ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

Table of Contents