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Launched · SEC filings

First Trust NASDAQ Technology Dividend Index Fund

TDIVNasdaqFirst TrustB

$112.58−1.44 (−1.26%)

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

B59/ 100

Rank 10 of 25 in Technology (Broad)

B59/100Rank 10 of 25inTechnology (Broad)
Intraday session: down, 79 prints from 114.02 to 112.58. Range 112.50 to 115.25. Use the arrow keys to read each point.113.00113.50114.50115.0010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$4.35B
1Y total return
+14.8%
Yield · Last 12 months
1.39%
Holdings
88
Avg volume · 30D
163K sh
52W range
low $90.24high $128.50
Launched
Filings
SEC EDGAR

The ETF.net TDIV Grade

B

Score 59 out of 100

Category
Technology (Broad)⁠
Rank
10 of 25
Six-pillar profile for TDIV. Scores out of 100: Cost 46, Risk 80, Mission 88, Tradability 68, Holdings 54, Durability 62. Strongest: Mission (88). Weakest: Cost (46). Leans toward Mission.

Score 59 of 100 falls in the B 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.
    C46 out of 100
    Rank 14 of 25

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A88 out of 100
    Rank 3 of 12

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A80 out of 100
    Rank 2 of 25

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B68 out of 100
    Rank 8 of 25

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C54 out of 100
    Rank 13 of 24

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B62 out of 100
    Rank 11 of 25

Our read on TDIV

ETF.net Research

In short

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.

Stated mandate

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.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 Performance

Launched Aug 13, 2012

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

TDIV$11,477
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. TDIV $11,477. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000Oct 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 TDIV. Periods over one year show the average yearly return.
PeriodTDIV
Year to date+18.9%
1 month+1.1%
3 months+3.5%
1 year+14.8%
3 yearsper year+29.7%
5 yearsper year+16.7%
10 yearsper year+17.2%

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 TDIV
YearReturn barTDIV
2026 YTD+18.9%
2025+25.3%
2024+24.4%
2023+36.7%
2022−22.1%
2021+29.5%
2020+17.5%

TDIV in the news

TDIV 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.
1.39%Last 12 months
Payout per share
$1.58Last 12 months
Last payment
$0.35 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 $0.24; Sep 21, 2017 $0.21; Dec 21, 2017 $0.20; Mar 22, 2018 $0.22; Jun 21, 2018 $0.25; Sep 14, 2018 $0.21; Dec 18, 2018 $0.31; Mar 21, 2019 $0.17; Jun 14, 2019 $0.23; Sep 25, 2019 $0.25; Dec 13, 2019 $0.32; Mar 26, 2020 $0.21; Jun 25, 2020 $0.19; Sep 24, 2020 $0.22; Dec 24, 2020 $0.40; Mar 25, 2021 $0.16; Jun 24, 2021 $0.27; Sep 23, 2021 $0.24; Dec 23, 2021 $0.44; Mar 25, 2022 $0.22; Jun 24, 2022 $0.29; Sep 23, 2022 $0.27; Dec 23, 2022 $0.42; Mar 24, 2023 $0.18; Jun 27, 2023 $0.26; Sep 22, 2023 $0.22; Dec 22, 2023 $0.45; Mar 21, 2024 $0.19; Jun 27, 2024 $0.37; Sep 26, 2024 $0.25; Dec 13, 2024 $0.45; Mar 27, 2025 $0.27; Jun 26, 2025 $0.32; Sep 25, 2025 $0.28; Dec 12, 2025 $0.49; Mar 26, 2026 $0.32; Jun 25, 2026 $0.42; Sep 24, 2026 $0.35. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 24, 2026Sep 30, 2026$0.35
Jun 25, 2026Jun 30, 2026$0.42
Mar 26, 2026Mar 31, 2026$0.32
Dec 12, 2025Dec 31, 2025$0.49
Sep 25, 2025Sep 30, 2025$0.28
Jun 26, 2025Jun 30, 2025$0.32
Mar 27, 2025Mar 31, 2025$0.27
Dec 13, 2024Dec 31, 2024$0.45
Sep 26, 2024Sep 30, 2024$0.25
Jun 27, 2024Jun 28, 2024$0.37
Mar 21, 2024Mar 28, 2024$0.19
Dec 22, 2023Dec 29, 2023$0.45

See all 57 payments⁠

$10,000 in TDIV 10 years ago paid $3,958 in dividends.⁠

TDIV Risk

Risk pillarA80 out of 100Rank 2 of 25 in Technology (Broad)
How much the fund’s monthly returns vary, scaled to a year.
19.0%
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.
1.24
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.
−32.0%
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.
1.34
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.

TDIV Cost

Compare TDIV and XLK

Overpaying vs XLK, cheapest in Technology (Broad)

$8,290

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

  • TDIV 0.50%

    $9,979

  • XLK 0.08% Cheapest

    $1,689

$10,000
30 years

Cost over time

  • TDIV 0.50%
  • XLK 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530TDIV $9,979XLK $1,689

Year by year

YearTDIVXLKOverpaying
10$900$147$753
20$3,460$575$2,885
30$9,979$1,689$8,290

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