First Trust NASDAQ Technology Dividend Index Fund
$115.06−0.34 (−0.29%)
- Expense ratio
- 0.50%
- Fund size
- $4.5B
- 1Y return
- +16.8%
- Yield · Last 12 months
- 1.31%
- Holdings
- 87
- Volume · 30D
- 0.1M sh
- NAV per share
- $115.60
- 52W range
The ETF.net TDIV Grade
Score 55 of 100 sits in the B 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.CScore 46Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 89Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 68Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 61Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 55Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 64Category rank
Our read on TDIV
BIn 2012, "tech dividend" still sounded like a contradiction. TDIV was built around it: roughly 90 technology and telecom payers, weighted by the dollars of dividends they actually hand out rather than by market cap.
The Fund seeks to track, before fees and expenses, the price and yield performance of the Nasdaq Technology Dividend Index. It normally invests at least 90% of assets in securities comprising that index.
Why people hold it
- Weighting runs on the dollar amount of dividends paid, not market cap or yield, so the largest positions are the sector's largest payers.indexes.nasdaqomx.comftportfolios.com
- Trading since 2012, one of the first funds to treat tech as an income sleeve, and now a multi-billion-dollar fund that distributes quarterly.
- The index sets 80% technology and 20% telecom at each rebalance, with caps designed to stop the biggest names from swamping the other 90-odd holdings.ftportfolios.comsec.gov
- Volume is respectable for a niche strategy, so buying and selling shares is rarely the friction point.
Worth knowing
- 0.50% a year sits above the typical index tracker in its group, where plain broad-market funds such as SCHK and SPYV charge a few basis points.
- One sector, about 90 names. Concentration is the design, and a handful of very large payers carry real weight in the outcome.sec.gov
- The dividend screen is the whole filter: tech companies that pay nothing never enter the index, and First Trust notes no holding is obliged to keep declaring dividends.sec.govftportfolios.com
TDIV Holdings
- Stocks
- 87
- 56%
- TXN
Sectors
- Technology81.3%
- Communication16.3%
- Industrials2.4%
Geography
- United States81.69%
- Canada5.24%
- Taiwan4.17%
- Netherlands2.60%
- Luxembourg1.49%
- Ireland1.16%
- Singapore0.48%
- Switzerland0.42%
- 2.74%
TDIV 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 | TDIV |
|---|---|
| Year to date | +20.0% |
| 1 month | +0.7% |
| 3 months | −1.5% |
| 1 year | +16.8% |
| 3 years | +28.6% |
| 5 years | +16.9% |
| 10 years | +17.1% |
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 | TDIV |
|---|---|---|
| 2026 YTD | +20.0% | |
| 2025 | +25.3% | |
| 2024 | +24.4% | |
| 2023 | +36.7% | |
| 2022 | −22.1% | |
| 2021 | +29.5% | |
| 2020 | +17.5% |
TDIV in the news
ETF.net Research hasn’t filed on TDIV yet — coverage lands here as it’s written.
TDIV Dividends
- 1.31%
- $1.51
- $0.42 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.42 |
| Mar 26, 2026 | Mar 31, 2026 | $0.32 |
| Dec 12, 2025 | Dec 31, 2025 | $0.49 |
| Sep 25, 2025 | Sep 30, 2025 | $0.28 |
| Jun 26, 2025 | Jun 30, 2025 | $0.32 |
| Mar 27, 2025 | Mar 31, 2025 | $0.27 |
| Dec 13, 2024 | Dec 31, 2024 | $0.45 |
| Sep 26, 2024 | Sep 30, 2024 | $0.25 |
| Jun 27, 2024 | Jun 28, 2024 | $0.37 |
| Mar 21, 2024 | Mar 28, 2024 | $0.19 |
| Dec 22, 2023 | Dec 29, 2023 | $0.45 |
| Sep 22, 2023 | Sep 29, 2023 | $0.22 |
TDIV Risk
- 19.5%
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.
- 1.08
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.
- −32.0%
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.
- 1.34
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TDIV Cost
- The middle half of Technology (Broad) funds
- Median 0.45%
12 of the 23 Technology (Broad) funds charge less.