HomeAssetsFirst Trust Vest S&P 500 Dividend Aristocrats Target Income UCITS B ETF USD Distributing
IE000SNMGYT5
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First Trust Vest S&P 500 Dividend Aristocrats Target Income UCITS B ETF USD Distributing

First Trust ETF tracking a covered call strategy on the S&P 500 Dividend Aristocrats index for investors seeking US equity income.

ISIN IE000SNMGYT5TER 0.35% TERInception 17 May 2023Policy DistributingProvider First Trust

See below how EuroFolio members build portfolios around IE000SNMGYT5, and which ETFs they most commonly pair with it.

How EuroFolio members use IE000SNMGYT5

The IE000SNMGYT5 ETF is consistently paired with a mix of global equity income and thematic growth funds, most notably WINC, ASWN, and various tech-focused assets like QQIA and JEEP. These holdings typically occupy 8 to 15 percent of the total portfolio weight. Complementary assets such as gold-backed ETFs like GLDI or YGLD and bond-proxy instruments like TLTY are utilized as low-correlation stabilizers, typically maintaining a combined allocation of 10 to 15 percent to dampen volatility while the equity core drives total return.

Community members on EuroFolio utilize IE000SNMGYT5 primarily as a foundational income pillar within broader, multi-asset strategies. The data shows that users frequently anchor their portfolios with a 10 to 15 percent stake in this asset to capture dividend consistency, while simultaneously layering on aggressive growth or covered-call strategies to boost overall yield. The high Sharpe ratios across these variations suggest that this specific Aristocrat-focused ETF serves as a reliable volatility anchor, allowing investors to maintain exposure to high-growth tech and thematic sectors without exceeding a 6 percent maximum drawdown threshold.

AI analysis of below portfolio data from our community only · Not investment advice · Jun 2026

Fund Details
Index TrackedS&P 500 Dividend Aristocrats Target Income Index
ReplicationPhysical
StrategyLong-only
Currency RiskCurrency unhedged
Fund DomicileIreland
Fund CurrencyUSD
First Trust Vest S&P 500 Dividend Aristocrats Target Income UCITS B ETF USD Distributing (IE000SNMGYT5)