SDVY - First Trust SMID Cap Rising Dividend Achievers ETF
The First Trust SMID Cap Rising Dividend Achievers ETF, seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the Nasdaq US Small Mid Cap Rising Dividend Achievers Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in securities that comprise the Index. The Index is comprised of a selection of small and mid-cap companies that have a history of raising their dividends and that exhibit the characteristics to potentially continue doing so in the future.
As of May 15, 2026: spot at $40.78, ATM IV 26.4%, max pain $45.00, net GEX -$32.6K.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $10.79B
- Beta
- 1.13
- 52-Week Range
- 33.54-42.89
- Dividend Yield
- $0.44
- IPO Date
- Nov 3, 2017
- Exchange
- NASDAQ
What SDVY Looks Like to Options Traders Today
IV rank of 22.3% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); negative net gamma exposure (-$32.6K) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (0.017) is roughly flat across the wings.
What This Page Covers
The SDVY overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked SDVY overview questions
- What is SDVY?
- SDVY is the ticker symbol for First Trust SMID Cap Rising Dividend Achievers ETF, an listed exchange-traded fund. The First Trust SMID Cap Rising Dividend Achievers ETF, seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the Nasdaq US Small Mid Cap Rising Dividend Achievers Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in securities that comprise the Index. Listed on NASDAQ. SDVY is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the SDVY options snapshot look like today?
- As of May 15, 2026, the SDVY options snapshot shows spot at $40.78, ATM IV 26.4%, IV rank 22.3%, max pain $45.00, net GEX -$32.6K, expected move 7.57%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are SDVY's key statistics?
- First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) carries a market capitalization of $10.79B, 52-week range of 33.54-42.89. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does SDVY belong to?
- First Trust SMID Cap Rising Dividend Achievers ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare SDVY's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the SDVY data on this page?
- The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.