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Launched · SEC filings

First Trust Value Line Dividend Index Fund

FVDNYSE ArcaFirst TrustC

$51.40+0.69 (+1.36%)

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

C54/ 100

Rank 29 of 53 in US Dividend Index

C54/100Rank 29 of 53inUS Dividend Index
Intraday session: up, 79 prints from 50.71 to 51.40. Range 50.81 to 51.45. Use the arrow keys to read each point.50.8051.0051.2010 AM12 PM2 PM4 PM
Expense ratio
0.62%
Fund size
$8.08B
1Y total return
+15.1%
Yield · Last 12 months
2.21%
Holdings
243
Avg volume · 30D
541K sh
52W range
low $44.63high $51.41
Launched
Filings
SEC EDGAR

The ETF.net FVD Grade

C

Score 54 out of 100

Category
US Dividend Index⁠
Rank
29 of 53
Six-pillar profile for FVD. Scores out of 100: Cost 6, Risk 51, Mission 84, Tradability 77, Holdings 88, Durability 79. Strongest: Holdings (88). Weakest: Cost (6). Leans toward Holdings and Mission.

Score 54 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.
    F6 out of 100
    Rank 50 of 53

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A84 out of 100
    Rank 24 of 50

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C51 out of 100
    Rank 22 of 53

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A77 out of 100
    Rank 9 of 53

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A88 out of 100
    Rank 1 of 53

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A79 out of 100
    Rank 7 of 53

Our read on FVD

ETF.net Research

In short

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%.

Stated mandate

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 Performance

Launched Aug 19, 2003

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

FVD$11,507
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. FVD $11,507. 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 FVD. Periods over one year show the average yearly return.
PeriodFVD
Year to date+11.9%
1 month+8.1%
3 months+1.7%
1 year+15.1%
3 yearsper year+14.1%
5 yearsper year+6.6%
10 yearsper year+9.1%

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 FVD
YearReturn barFVD
2026 YTD+11.9%
2025+8.2%
2024+10.0%
2023+4.1%
2022−5.3%
2021+25.1%
2020−0.1%

FVD in the news

FVD 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.
2.21%Last 12 months
Payout per share
$1.12Last 12 months
Last payment
$0.26 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. 39 payments from 2017 to 2026 YTD. Mar 23, 2017 $0.15; Jun 22, 2017 $0.16; Sep 21, 2017 $0.13; Dec 21, 2017 $0.20; Mar 22, 2018 $0.13; Jun 21, 2018 $0.19; Sep 14, 2018 $0.16; Dec 18, 2018 $0.24; Mar 21, 2019 $0.15; Jun 14, 2019 $0.16; Sep 25, 2019 $0.22; Dec 13, 2019 $0.20; Mar 26, 2020 $0.19; Jun 25, 2020 $0.22; Sep 24, 2020 $0.19; Dec 24, 2020 $0.21; Mar 25, 2021 $0.18; Jun 24, 2021 $0.19; Sep 23, 2021 $0.16; Dec 23, 2021 $0.23; Mar 25, 2022 $0.19; Jun 24, 2022 $0.17; Sep 23, 2022 $0.20; Dec 23, 2022 $0.27; Mar 24, 2023 $0.21; Jun 27, 2023 $0.26; Sep 22, 2023 $0.18; Dec 22, 2023 $0.29; Mar 21, 2024 $0.19; Jun 27, 2024 $0.28; Sep 26, 2024 $0.23; Dec 13, 2024 $0.28; Mar 27, 2025 $0.26; Jun 26, 2025 $0.26; Sep 25, 2025 $0.25; Dec 12, 2025 $0.32; Mar 26, 2026 $0.26; Jun 25, 2026 $0.29; Sep 24, 2026 $0.26. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 24, 2026Sep 30, 2026$0.26
Jun 25, 2026Jun 30, 2026$0.29
Mar 26, 2026Mar 31, 2026$0.26
Dec 12, 2025Dec 31, 2025$0.32
Sep 25, 2025Sep 30, 2025$0.25
Jun 26, 2025Jun 30, 2025$0.26
Mar 27, 2025Mar 31, 2025$0.26
Dec 13, 2024Dec 31, 2024$0.28
Sep 26, 2024Sep 30, 2024$0.23
Jun 27, 2024Jun 28, 2024$0.28
Mar 21, 2024Mar 28, 2024$0.19
Dec 22, 2023Dec 29, 2023$0.29

See all 96 payments⁠

$10,000 in FVD 10 years ago paid $3,251 in dividends.⁠

FVD Risk

Risk pillarC51 out of 100Rank 22 of 53 in US Dividend Index
How much the fund’s monthly returns vary, scaled to a year.
11.9%
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.
0.80
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.
−16.4%
Trough Oct 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.
0.49
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.

FVD Cost

Compare FVD and VIG

Overpaying vs VIG, cheapest in US Dividend Index

$11,330

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

  • FVD 0.62%

    $12,179

  • VIG 0.04% Cheapest

    $849

$10,000
30 years

Cost over time

  • FVD 0.62%
  • VIG 0.04%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530FVD $12,179VIG $849

Year by year

YearFVDVIGOverpaying
10$1,111$73$1,038
20$4,246$288$3,958
30$12,179$849$11,330

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