FVD
First Trust Value Line Dividend Index Fund
First Trust Value Line Dividend Index Fund seeks to track the performance of the Value Line Dividend Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
9.3 B
ASSETS UNDER MGMT
65 bp
EXPENSES
Fund Basics
| Fund sponsor | First Trust Advisors LP |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Aug 19, 2003 |
| Assets (mns) | $9,268 |
| Expense ratio | 65 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Dividends |
| Weighting | Equal |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| CAL-MAINE FOODS INC | 0.5 % |
| DIAGEO PLC-SPONSORED ADR | 0.5 % |
| TAIWAN SEMICONDUCTOR-SP ADR | 0.5 % |
| BROWN-FORMAN CORP-CLASS B | 0.5 % |
| LANCASTER COLONY CORP | 0.5 % |
| HORMEL FOODS CORP | 0.5 % |
| THOMSON REUTERS CORPORATION | 0.5 % |
| JACK HENRY & ASSOCIATES, INC. | 0.5 % |
| HERSHEY CO/THE | 0.5 % |
| MCCORMICK & CO-NON VTG SHRS | 0.5 % |
Constituent Breakdown
| Number of holdings | 217 |
| Herfindahl-Hirschman Index | 46 |
| Wgt avg mkt cap (mns) | $78,176 |
| Large cap (>$10bn) | 77.1% |
| Mid cap ($2-10bn) | 20.1% |
| Small cap (<$2bn) | 2.4% |
| Developed mkts. | 98.7% |
| Emerging mkts. | 1.3% |
Country Exposure
 |
UNITED STATES | 82.8 % |
 |
CANADA | 6.5 % |
 |
BRITAIN | 3.4 % |
 |
IRELAND | 1.9 % |
 |
JAPAN | 1.4 % |
 |
SWITZERLAND | 1.4 % |
 |
TAIWAN | 0.5 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 17.0% | 22.7% | 8.9% | 7.7% | 8.1% | 9.3% | 11.3% | Volatility | 9.8% | 10.2% | 11.4% | 13.5% | 19.2% | 15.6% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.73 | 75% |
| MSCI EAFE | 0.75 | 78% |
| MSCI Emg Mkts | 0.53 | 39% |
Liquidity Measures
| Avg. volume (000) | 469 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.03% |
| ADV of underlying (mns) | $53,098 |
Technical Indicators
| Recent close | $43.44 |
| 30d moving avg. | $45.90 |
| Annualized volatility | 14.8% |
| Relative strength (RSI) | 52 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 2.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FVD |
Expenses vs. FVD |
ALTAR Score™ vs. FVD |
|---|---|---|---|---|
| LGLV | SPDR SSGA US Large Cap Low Volatility Index ETF | 33.9% | -53 bp | -1.1% |
| VYM | Vanguard High Dividend Yield Index ETF | 33.7% | -59 bp | +0.4% |
| STXV | Strive 1000 Value ETF | 33.0% | -47 bp | +1.4% |
| SIXL | ETC 6 Meridian Low Beta Equity ETF | 32.7% | +15 bp | -2.2% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 32.6% | -61 bp | +0.1% |
| IVE | iShares S&P 500 Value ETF | 32.6% | -47 bp | 0.0% |
| SCHV | Schwab U.S. Large-Cap Value ETF | 32.5% | -61 bp | +0.2% |
| VOOV | Vanguard S&P 500 Value ETF | 32.5% | -55 bp | +0.1% |
| IUSV | iShares Core S&P US Value ETF | 32.0% | -61 bp | +0.2% |
| DGRO | iShares Core Dividend Growth ETF | 31.4% | -57 bp | +0.0% |
Risk and Returns: FVD vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/18/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
FVD
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
FVD
6.6%
Cat. Avg
5.7%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.7% and a standard deviation of
2.6%. FVD's ALTAR Score™ is approximately
0.4 standard deviations
above
the category average. This places FVD in the 65th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FVDSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| FVD (65 bp) Percentile rank | 72 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| FVD | 65.0 | 2.7 | 67.7 |
| Peer Avg. | 30.3 | 14.0 | 44.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .