First Trust International Rising Dividend Achievers ETF (IDVY) is an exchange-traded fund that seeks investment results tracking the Nasdaq International Rising Dividend Achievers Index, focusing on non-U.S. companies demonstrating a consistent history of dividend payments and growth. The ETF invests primarily in common stocks of developed and emerging market companies outside the United States that meet specific criteria, including rising dividend payouts over consecutive years; it employs a modified market-capitalization weighting methodology to emphasize higher dividend yields while mitigating concentration risk. IDVY offers investors exposure to a diversified portfolio across sectors such as financials, industrials, consumer discretionary, and materials; key holdings typically include European and Asia-Pacific firms like Ackermans & van Haaren NV, Rubis SCA, and Fortnox AB, with geographic operations spanning Europe, Asia, and select emerging markets.
Launched in 2014 by First Trust Advisors LP, with headquarters in Wheaton, Illinois, the fund is part of First Trust's suite of income-oriented ETFs and is distributed through First Trust Portfolios Canada Inc. in certain markets. In recent developments, IDVY benefited from First Trust's strategic enhancements to its ETF lineup, including the introduction of enhanced indexing techniques and portfolio rebalancing in response to 2024-2025 global market volatility; the firm also expanded distribution partnerships with major platforms like Schwab and Fidelity to broaden retail access. As of early 2026, no major acquisitions or name changes have occurred, but the fund underwent a minor index methodology update in late 2025 to incorporate additional ESG dividend sustainability filters amid rising investor demand for responsible income strategies.