First Trust Dow 30 Equal Weight ETF
$45.30−0.07 (−0.14%)
- 0.50%
- $316M
- +17.5%
- 1.24%
- 0M sh
- $45.16
- low $39.20high $46.90
The ETF.net EDOW Grade
C
Score 43 out of 100
- 8 of 9
Score 43 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F9 out of 100Rank 9 of 9Mission
Whether the fund did what it promised, tested against its stated mandate.A85 out of 100Rank 6 of 7Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B56 out of 100Rank 4 of 9Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C41 out of 100Rank 7 of 9Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D32 out of 100Rank 9 of 9Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C45 out of 100Rank 6 of 9
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
- 31
- 35%
- MSFT
Sectors
- Technology20.3%
- Financials16.0%
- Health Care13.6%
- Industrials13.4%
- Consumer Discretionary12.8%
- Consumer Staples10.2%
- Communication7.0%
- 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.
Not enough history yet.
EDOW$11,752
Returns run to the Oct 12, 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 | +10.9% |
| 1 month | −0.1% |
| 3 months | +1.6% |
| 1 year | +17.5% |
| 3 years | +17.7% |
| 5 years | +10.2% |
| 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 | +10.9% | |
| 2025 | +15.5% | |
| 2024 | +13.2% | |
| 2023 | +15.5% | |
| 2022 | −7.4% | |
| 2021 | +18.8% | |
| 2020 | +6.6% |
EDOW in the news
EDOW Dividends
- 1.24%
- $0.56
- $0.13 per share
- Quarterly
Distribution history
EDOW Risk
- 11.5%
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.
- 1.03
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.
- 0.85
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
0.50%
EDOW0.50%
- The middle half of US Equal Weight funds
- Median 0.20%
Every other US Equal Weight fund charges less.
Other funds in US Equal Weight
- BEQLALPS Equal Sector Weight ETFExpense ratio 0.19%1 year return +16.3%
- BDFVEDoubleLine Fortune 500 Equal Weight ETFExpense ratio 0.20%1 year return +18.5%
- BEQWLInvesco S&P 100 Equal Weight ETFExpense ratio 0.30%1 year return +18.4%
- CQEWInvesco QQQ Equal Weight ETFExpense ratio 0.25%1 year return —
- DUSEWCambria US EW ETFExpense ratio 0.30%1 year return —