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First Trust Dow 30 Equal Weight ETF

EDOWNYSE ArcaFirst TrustC

$46.51+0.44 (+0.96%)

At close: Nov 2, 2026, 4:00 PM ET

Intraday session: up, 79 prints from 46.07 to 46.51. Range 46.39 to 46.72. Use the arrow keys to read each point.46.2046.3046.4046.6046.7010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$325M
1Y total return
+14.3%
Yield · Last 12 months
1.22%
Holdings
31
Avg volume · 30D
14.2K sh
52W range
low $39.69high $46.90
Launched
Filings
SEC EDGAR

The ETF.net EDOW Grade

C

Score 44 out of 100

Rank
8 of 9
Six-pillar profile for EDOW. Scores out of 100: Cost 8, Risk 57, Mission 85, Tradability 44, Holdings 31, Durability 45. Strongest: Mission (85). Weakest: Cost (8). Leans toward Mission.

Score 44 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.
    F8 out of 100
    Rank 9 of 9
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A85 out of 100
    Rank 6 of 7
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B57 out of 100
    Rank 4 of 9
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C44 out of 100
    Rank 6 of 9
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D31 out of 100
    Rank 9 of 9
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C45 out of 100
    Rank 6 of 9

Our read on EDOW

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Aug 8, 2017

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$11,434
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. EDOW $11,434. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for EDOW. Periods over one year show the average yearly return.
PeriodEDOW
Year to date+12.6%
1 month+4.0%
3 months+1.9%
1 year+14.3%
3 yearsper year+18.9%
5 yearsper year+9.9%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for EDOW
YearReturn barEDOW
2026 YTD+12.6%
2025+15.5%
2024+13.2%
2023+15.5%
2022−7.4%
2021+18.8%
2020+6.6%

EDOW in the news

EDOW Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.22%Last 12 months
Payout per share
$0.56Last 12 months
Last payment
$0.13 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 37 payments from 2017 to 2026 YTD. Sep 21, 2017 $0.05; Dec 21, 2017 $0.12; Mar 22, 2018 $0.07; Jun 21, 2018 $0.10; Sep 14, 2018 $0.14; Dec 18, 2018 $0.09; Mar 21, 2019 $0.12; Jun 14, 2019 $0.03; Sep 25, 2019 $0.20; Dec 13, 2019 $0.14; Mar 26, 2020 $0.14; Jun 25, 2020 $0.13; Sep 24, 2020 $0.15; Dec 24, 2020 $0.08; Mar 25, 2021 $0.12; Jun 24, 2021 $0.12; Sep 23, 2021 $0.11; Dec 23, 2021 $0.14; Mar 25, 2022 $0.15; Jun 24, 2022 $0.12; Sep 23, 2022 $0.14; Dec 23, 2022 $0.14; Mar 24, 2023 $0.15; Jun 27, 2023 $0.14; Sep 22, 2023 $0.15; Dec 22, 2023 $0.20; Mar 21, 2024 $0.14; Jun 27, 2024 $0.15; Sep 26, 2024 $0.16; Dec 13, 2024 $0.15; Mar 27, 2025 $0.14; Jun 26, 2025 $0.11; Sep 25, 2025 $0.13; Dec 12, 2025 $0.17; Mar 26, 2026 $0.13; Jun 25, 2026 $0.13; Sep 24, 2026 $0.13. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 24, 2026Sep 30, 2026$0.13
Jun 25, 2026Jun 30, 2026$0.13
Mar 26, 2026Mar 31, 2026$0.13
Dec 12, 2025Dec 31, 2025$0.17
Sep 25, 2025Sep 30, 2025$0.13
Jun 26, 2025Jun 30, 2025$0.11
Mar 27, 2025Mar 31, 2025$0.14
Dec 13, 2024Dec 31, 2024$0.15
Sep 26, 2024Sep 30, 2024$0.16
Jun 27, 2024Jun 28, 2024$0.15
Mar 21, 2024Mar 28, 2024$0.14
Dec 22, 2023Dec 29, 2023$0.20

See all 37 payments⁠

$10,000 in EDOW 5 years ago paid $899 in dividends.⁠

EDOW Risk

How much the fund’s monthly returns vary, scaled to a year.
11.5%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.18
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−22.0%
Trough Sep 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.85
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

EDOW Cost

Overpaying vs GSEW, tied cheapest in US Equal Weight

$8,081

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EDOW 0.50%

    $9,979

  • GSEW 0.09% Tied cheapest

    $1,898

$10,000
30 years

Cost over time

  • EDOW 0.50%
  • GSEW 0.09%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530EDOW $9,979GSEW $1,898

Year by year

YearEDOWGSEWOverpaying
10$900$165$735
20$3,460$646$2,814
30$9,979$1,898$8,081

Other funds in US Equal Weight