First Trust Bloomberg Shareholder Yield ETF (SHRY)
First Trust Bloomberg Shareholder Yield ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $46.96, up 0.14% on the session, giving a market capitalisation of $15.3M. Its beta of 0.70 implies it has historically moved less than the broad market.
The First Trust Bloomberg Shareholder Yield ETF (SHRY) aims to replicate the overall performance of the Bloomberg Shareholder Yield Index, an equity benchmark. Its objective is to mirror the index's total return—both capital appreciation and income—before accounting for the ETF's own management fees and expenses. Typically, under normal market circumstances, SHRY allocates a minimum of 80% of its net assets, including any assets acquired through borrowing for investment, directly into the underlying securities that constitute this index.
First Trust Bloomberg Shareholder Yield ETF is most often compared with the following Financial Services names: