First Trust Takes Dividend Achievers Suite International with Launch of IDVY ETF
- A new ETF that targets high-quality dividend growth opportunities in developed markets outside the U.S.
First Trust Advisors L.P. a leading exchange-traded fund (“ETF”) provider with more than $219 billion in ETF assets under management as of December 31, 2025, announced today that it has launched the First Trust International Rising Dividend Achievers ETF (Nasdaq: IDVY) (the “fund”). The fund seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of the Nasdaq International Rising Dividend Achievers™ Index (the “index”).
IDVY joins First Trust’s Dividend Achievers suite, alongside the First Trust Rising Dividend Achievers ETF (RDVY) and First Trust SMID Cap Rising Dividend Achievers ETF (SDVY), which together hold more than $28 billion in combined assets under management as of December 31, 2025, and brings the same dividend achievers index framework to international equities.
“As investors increasingly look for opportunities overseas, we believe a disciplined approach favoring high-quality companies with strong balance sheets and a track record of growing dividends and earnings may provide a compelling edge,” said Ryan Issakainen, CFA, Senior Vice President, ETF Strategist at First Trust. “In our view, IDVY offers an effective strategy for gaining exposure to these high-quality international dividend growers and may serve as a natural complement to two of our most successful U.S. dividend growth ETFs, RDVY and SDVY.”
Many U.S. investors may be underexposed to high-quality dividend growers in developed markets outside the United States, despite the fact that, in many parts of the world dividend yields may be higher. IDVY seeks to provide exposure, via the index, to the performance of securities from developed markets outside the U.S. that demonstrate strong financial health and dividend growth potential. These companies exhibit a combination of attributes that may offer investors compelling income opportunities while the fund’s international exposure may enhance overall portfolio diversification.
The index is comprised of four sub-portfolios for which securities must meet stringent eligibility criteria including dividend growth, positive and growing earnings per share, cash-to-debt ratio, and payout ratio factors. Eligible securities are ranked by a combination of these factors and up to 100 securities with the lowest (most favorable) combined ranks are selected for inclusion in each sub-portfolio. One sub-portfolio is reconstituted and rebalanced in March, June, September, and December. The reconstituted sub-portfolio is then combined with the sub-portfolios not undergoing a reconstitution to form the index. The index is rebalanced annually so that each of the four sub-portfolios is equally weighted among each other, each representing 25% of the total index weight.
“This launch represents an important milestone in the evolution of our Rising Dividend Achievers index family. By extending a disciplined, proven approach to dividend growth into international developed markets, we’re helping First Trust deliver a strategy that complements its U.S.-focused offerings and supports market participants seeking high-quality income opportunities worldwide. We’re excited to build on the strength of this relationship and continue expanding one of our most successful global index families,” said Cameron Lilja, VP and Head of Index Solutions, Nasdaq.
About
First Trust is a federally registered investment advisor and serves as the fund’s investment advisor. First Trust and its affiliate First Trust Portfolios L.P. (“FTP”), a FINRA registered broker-dealer, are privately held companies that provide a variety of investment services. First Trust has collective assets under management or supervision of approximately $309 billion as of December 31, 2025 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. First Trust is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor. FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.
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