First Trust Value Line Dividend Index Fund
$47.99−0.28 (−0.57%)
- Expense ratio
- 0.62%
- Fund size
- $7.8B
- 1Y return
- +7.8%
- Yield · Last 12 months
- 2.32%
- Holdings
- 241
- Volume · 30D
- 0.6M sh
- NAV per share
- $48.40
- 52W range
The ETF.net FVD Grade
Score 53 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 6Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 82Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 49Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 76Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 88Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 79Category rank
Our read on FVD
CA 2003-vintage dividend fund that runs US stocks through Value Line's Safety ranking, putting financial strength ahead of headline yield. Old-school pedigree, and old-school pricing at 0.62%.
The Fund seeks investment results corresponding generally to the price and yield of the Value Line® Dividend Index before fees and expenses.
Why people hold it
- Holdings come off Value Line's Safety ranking system, a quality screen, rather than a sort for the biggest yields on the board.ftportfolios.com
- Trading since August 2003: one mandate, one index, multiple full market cycles behind it.
- Roughly 220 US names, so no single dividend payer sets the tone, and it has tracked its stated index closely.
- A multi-billion-dollar fund that trades actively and pays quarterly, so getting in or out is rarely the sticking point.
Worth knowing
- The research overlay isn't free: 0.62% a year, against 0.04% for VIG and 0.06% for SCHD. Cheaper trackers crowd the front of this peer group.
- The screen prizes safety and financial strength, a different job than maximizing income, so this is not a high-yield vehicle.ftportfolios.com
- The objective targets the index's price and yield before fees and expenses, so the expense ratio comes off the top of whatever the index does.ftportfolios.com
FVD Holdings
- Stocks
- 241
- 5%
- BNS
Sectors
- Financials20.9%
- Utilities18.0%
- Industrials14.4%
- Cons. Staples10.7%
- Health Care7.8%
- Real Estate7.8%
- Technology5.5%
- Consumer Discr.4.9%
- Energy4.3%
- Materials2.9%
- Communication2.9%
Geography
- United States80.45%
- Canada7.29%
- United Kingdom4.58%
- Ireland1.76%
- Japan1.32%
- Switzerland1.20%
- France0.85%
- Bermuda0.85%
- 1.69%
FVD 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 | FVD |
|---|---|
| Year to date | +6.0% |
| 1 month | −4.8% |
| 3 months | +2.6% |
| 1 year | +7.8% |
| 3 years | +10.5% |
| 5 years | +6.3% |
| 10 years | +8.2% |
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 | FVD |
|---|---|---|
| 2026 YTD | +6.0% | |
| 2025 | +8.2% | |
| 2024 | +10.0% | |
| 2023 | +4.1% | |
| 2022 | −5.3% | |
| 2021 | +25.1% | |
| 2020 | −0.1% |
FVD in the news
ETF.net Research hasn’t filed on FVD yet — coverage lands here as it’s written.
FVD Dividends
- 2.32%
- $1.12
- $0.29 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.29 |
| Mar 26, 2026 | Mar 31, 2026 | $0.26 |
| Dec 12, 2025 | Dec 31, 2025 | $0.32 |
| Sep 25, 2025 | Sep 30, 2025 | $0.25 |
| Jun 26, 2025 | Jun 30, 2025 | $0.26 |
| Mar 27, 2025 | Mar 31, 2025 | $0.26 |
| Dec 13, 2024 | Dec 31, 2024 | $0.28 |
| Sep 26, 2024 | Sep 30, 2024 | $0.23 |
| Jun 27, 2024 | Jun 28, 2024 | $0.28 |
| Mar 21, 2024 | Mar 28, 2024 | $0.19 |
| Dec 22, 2023 | Dec 29, 2023 | $0.29 |
| Sep 22, 2023 | Sep 29, 2023 | $0.18 |
FVD Risk
- 10.9%
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.
- 0.62
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.
- −16.4%
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.
- 0.49
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FVD Cost
- The middle half of US Dividend Index funds
- Median 0.38%
48 of the 52 US Dividend Index funds charge less.