Key stats
About First Trust NASDAQ Technology Dividend Index Fund
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Inception date
Aug 14, 2012
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
TDIV holds a dividend-weighted portfolio of up to 100 companies classified as a technology or telecommunications company under the Industry Classification Benchmark. TDIV limits its portfolio to US-listed stocks that pay dividends: Two filters that significantly narrow the global technology universe, causing it to exclude certain segment giants. Its international exposure comes mostly from ADRs. The companies included are first weighted according to their dividend yield relative to other securities within the index, then adjusted accordingly so that tech companies occupy up to 80% of the index, while the telecom companies occupy only 20%. It meets its mandate with the highest dividend yield in the segment, but its approach doesn't necessarily mean that it will outperform our benchmark on a risk-adjusted basis. Rebalancing occurs quarterly while reconstitution occurs semi-annually.
Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Communications
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TDIV trades at 81.51 USD today, its price has fallen −0.09% in the past 24 hours. Track more dynamics on TDIV price chart.
TDIV net asset value is 81.49 today — it's risen 11.83% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TDIV assets under management is 2.92 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TDIV price has risen by 12.52% over the last month, and its yearly performance shows a 12.38% increase. See more dynamics on TDIV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 11.83% over the last month, showed a 3.87% increase in three-month performance and has increased by 13.31% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 11.83% over the last month, showed a 3.87% increase in three-month performance and has increased by 13.31% in a year.
TDIV fund flows account for 141.99 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TDIV invests in stocks. See more details in our Analysis section.
TDIV expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, TDIV isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TDIV technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TDIV shows the strong buy signal. See more of TDIV technicals for a more comprehensive analysis.
Today, TDIV technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TDIV shows the strong buy signal. See more of TDIV technicals for a more comprehensive analysis.
Yes, TDIV pays dividends to its holders with the dividend yield of 1.63%.
TDIV trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TDIV shares are issued by AJM Ventures LLC
TDIV follows the NASDAQ Technology Dividend Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 14, 2012.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.