HCXY vs RNDV

First Trust US Equity Dividend Select ETF

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq Riskalyze US Large Cap Select Dividend Index (the "index"). The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and real estate investment trusts ("REITs") that comprise the index. The index is designed to select dividend-paying securities issued by U.S. companies to create a diversified portfolio offering an above-average yield.