First Trust Dividend Strength ETF
TUSA
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Jan 1, 2009
- CIK
- 0001329377
- Similar Companies
- Business
- First Trust Dividend Strength ETF (TUSA) is an exchange-traded fund that seeks investment results tracking the total return performance of the Nasdaq US Dividend Achievers 50 Index. The fund invests primarily in common stocks of U.S. companies exhibiting a consistent record of dividend payments and dividend growth; dividend strength screening criteria; and strong balance sheets, return on equity, and dividend yield relative to their peers. It offers investors exposure to large-cap U.S. equities selected for sustainable dividend growth and financial health metrics, with holdings diversified across sectors such as industrials, consumer staples, healthcare, financials, and information technology. The ETF employs a rules-based quantitative strategy to select approximately 50 stocks from the Nasdaq US Broad Dividend Achievers Index, rebalanced semi-annually; screens for companies with at least seven consecutive years of dividend increases; excludes the lowest 20% in dividend growth rate and payout ratio; and ranks remaining candidates by a composite score of dividend growth history, balance sheet strength, return on invested capital, return on assets, and free cash flow to debt. Geographic operations focus exclusively on U.S.-domiciled companies listed on major U.S. exchanges, targeting institutional and retail investors seeking income and capital appreciation through dividend-focused strategies. Managed by First Trust Advisors LP, founded in 1991 and headquartered in Wheaton, Illinois, the ETF launched in 2021 as part of First Trust's suite of smart beta and factor-based products; First Trust Portfolios L.P. serves as sponsor. Recent developments include enhanced index methodology updates in 2024 to incorporate improved free cash flow metrics for greater resilience amid market volatility; portfolio adjustments following the 2023-2024 interest rate cycle to overweight resilient dividend payers in utilities and consumer goods; and increased assets under management surpassing $100 million by late 2025, reflecting growing investor interest in quality dividend strategies post the 2022-2023 equity correction. No major acquisitions, partnerships, or name changes reported in the last two years.