First Trust S&P International Dividend Aristocrats ETF (FID) Research
The First Trust S&P International Dividend Aristocrats ETF (FID), formerly known as the International Multi-Asset Diversified Income Index Fund, is designed to replicate the price and yield performance of the S&P International Dividend Aristocrats Index. This objective is measured before the ETF's fees and expenses. Typically, under normal circumstances, the Fund commits a minimum of 90% of its net assets, including any investment borrowings, to the equity securities that constitute this underlying index. Employing an indexing strategy, the Fund's investment advisor aims for a high degree of alignment, specifically targeting a correlation of 0.95 or better between the ETF's performance and the Index's performance, again, prior to accounting for fees and expenses. A correlation of 1.00 would signify a perfect match.
Market snapshot
- Symbol
- FID
- Price
- $21.95
- Day change
- -0.29%
- Market cap
- $164.9M
- 52-week range
- 17.91-22.59
- Sector
- Financial Services
- Industry
- Asset Management - Income
Recent news
- Meren Energy backs Impact Oil & Gas restructuring to sharpen Namibia focus ahead of Venus FID
Meren Energy Inc (TSX:MER, STO:MER, OTCQX:MRNFF) is streamlining its Namibia exposure as investee company Impact Oil & Gas Limited carves out its South African assets, leaving both companies better positioned for a final investment decision on the Venus light oil discovery expected later this year. Under the transaction, Impact has entered into a share purchase agreement with IOG Energies Limited, a newly incorporated wholly owned subsidiary of Deepkloof Limited, Impact's majority shareholder, to transfer its entire shareholding in Impact Africa Limited, the subsidiary holding Impact's South African exploration licenses, together with certain related assets.
Peer companies
- WisdomTree Global High Dividend Fund (DEW)
- iShares MSCI China Small-Cap ETF (ECNS)
- iShares ESG Advanced MSCI EM ETF (EMXF)
- iShares MSCI Austria ETF (EWO)
- First Trust Multi Cap Value AlphaDEX Fund (FAB)
- First Trust Nasdaq Oil & Gas ETF (FTXN)
- First Trust Indxx Innovative Transaction & Process ETF (LEGR)
- Freedom Day Dividend ETF (MBOX)
Open First Trust S&P International Dividend Aristocrats ETF (FID) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.