Designed to provide broad exposure to the Mid Cap Value segment of the US equity market, the First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is a passively managed exchange traded fund ...
When interest rates are low, small-cap stocks begin to shine and outpace larger companies in value. These stocks are stocks with a market capitalization between $300 million and $3 billion.
As we head into 2025, the average small-cap stock trades for 2 times book value, compared with a median price-to-book multiple of 5 for the large-cap S&P 500 index. To be sure, there are some reasons ...