First Trust Dow 30 Equal Weight ETF
$45.03−0.33 (−0.73%)
- Expense ratio
- 0.50%
- Fund size
- $320M
- 1Y return
- +15.1%
- Yield · Last 12 months
- 1.24%
- Holdings
- 30
- Volume · 30D
- 0M sh
- NAV per share
- $45.38
- 52W range
The ETF.net EDOW Grade
Score 44 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 9Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 86Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 59Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 38Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 32Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 45Category rank
Our read on EDOW
CThe Dow, with the price tags ignored. EDOW holds the index's roughly 30 blue chips at equal weight, so no single high-priced share dominates the portfolio. The trade-off is a fee well above most equal-weight rivals.
The fund seeks to track generally the price and yield, before fees and expenses, of the Dow Jones Industrial Average® Equal Weight Index.
Why people hold it
- A rare mandate: it equal-weights the Dow's roughly 30 blue chips, so each name gets the same slice instead of share price deciding influence.
- Straight indexing, no manager discretion: the stated job is tracking the Dow Jones Industrial Average Equal Weight Index, and it has run that job since 2017.ftportfolios.com
- A portfolio you can read in one screen: about 30 US large caps, with distributions paid quarterly.
Worth knowing
- At 0.50% a year, the fee runs more than double the 0.20% median for equal-weight peers, and rivals like GSEW and EUSA charge 0.09%.
- Thinly traded next to the larger equal-weight funds, so bid-ask spreads can be wider, particularly in fast markets.
- About 30 holdings means every name carries real weight, and the sector mix is simply whoever sits in the Dow at the time.
EDOW Holdings
- Stocks
- 30
- 34%
- AAPL
Sectors
- Technology20.1%
- Financials16.4%
- Industrials13.3%
- Health Care13.3%
- Consumer Discr.13.1%
- Cons. Staples10.2%
- Communication6.9%
- Materials3.4%
- Energy3.3%
Geography
- United States100.00%
EDOW Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | EDOW |
|---|---|
| Year to date | +10.4% |
| 1 month | −1.7% |
| 3 months | +4.1% |
| 1 year | +15.1% |
| 3 years | +17.4% |
| 5 years | +10.3% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EDOW |
|---|---|---|
| 2026 YTD | +10.4% | |
| 2025 | +15.5% | |
| 2024 | +13.2% | |
| 2023 | +15.5% | |
| 2022 | −7.4% | |
| 2021 | +18.8% | |
| 2020 | +6.6% |
EDOW in the news
ETF.net Research hasn’t filed on EDOW yet — coverage lands here as it’s written.
EDOW Dividends
- 1.24%
- $0.56
- $0.13 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.13 |
| Mar 26, 2026 | Mar 31, 2026 | $0.13 |
| Dec 12, 2025 | Dec 31, 2025 | $0.17 |
| Sep 25, 2025 | Sep 30, 2025 | $0.13 |
| Jun 26, 2025 | Jun 30, 2025 | $0.11 |
| Mar 27, 2025 | Mar 31, 2025 | $0.14 |
| Dec 13, 2024 | Dec 31, 2024 | $0.15 |
| Sep 26, 2024 | Sep 30, 2024 | $0.16 |
| Jun 27, 2024 | Jun 28, 2024 | $0.15 |
| Mar 21, 2024 | Mar 28, 2024 | $0.14 |
| Dec 22, 2023 | Dec 29, 2023 | $0.20 |
| Sep 22, 2023 | Sep 29, 2023 | $0.15 |
EDOW Risk
- 11.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.02
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −22.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.84
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EDOW Cost
- The middle half of US Equal Weight funds
- Median 0.20%
Every other US Equal Weight fund charges less.