Most investors are aware that active money managers are hard-pressed to match the performance of broad — and inexpensive — index funds. But what would you say if you were offered an exchange traded fund that takes less risk than the S&P 500 but has outperformed it?

The First Trust Rising Dividend Achievers ETF RDVY holds 50 stocks — it is equally weighted, with the portfolio reconstituted annually and rebalanced each quarter.

Here’s…

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