FVD
First Trust Value Line Dividend Index Fund
First Trust Value Line Dividend Index Fund seeks to track the performance of the Value Line Dividend Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 7.9 B
ASSETS UNDER MGMT
65 bp
EXPENSES
Fund Basics
| Inception date | Aug 19, 2003 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| LANCASTER COLONY CORP | 0.6 % |
| WIPRO LTD-ADR | 0.5 % |
| HORMEL FOODS CORP | 0.5 % |
| MARSH & MCLENNAN COS | 0.5 % |
| MORGAN STANLEY | 0.5 % |
| GOLDMAN SACHS GROUP INC | 0.5 % |
| US DOLLAR | 0.5 % |
| REYNOLDS CONSUMER PRODUCTS INC | 0.4 % |
| HUBBELL INCORPORATED CLASS B | 0.4 % |
| MSC INDUSTRIAL DIRECT CO-A | 0.4 % |
Constituent Breakdown
| Number of holdings | 247 |
| Herfindahl-Hirschman Index | 41 |
| Wgt avg mkt cap (mns) | $76,754 |
| Large cap (>$10bn) | 82.1% |
| Mid cap ($2-10bn) | 16.7% |
| Small cap (<$2bn) | 0.3% |
| Developed mkts. | 98.3% |
| Emerging mkts. | 1.3% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 80.2 % |
 |
CANADA | 7.0 % |
 |
BRITAIN | 4.8 % |
 |
IRELAND | 2.0 % |
 |
JAPAN | 1.2 % |
 |
BERMUDA | 0.8 % |
 |
INDIA | 0.8 % |
 |
SWITZERLAND | 0.8 % |
 |
FRANCE | 0.8 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 2.6% | 5.6% | 6.4% | 6.9% | 3.2% | 6.1% | 6.2% | 5.2% |
| Dividend Yield | 0.6% | 2.5% | 2.6% | 2.6% | 2.4% | 2.4% | 3.3% | 4.1% |
| Total Returns | 3.1% | 8.1% | 8.9% | 9.5% | 5.6% | 8.5% | 9.5% | 9.2% | Ann. Volatility | 10.0% | 9.5% | 11.6% | 11.3% | 12.8% | 15.4% | 16.9% | 16.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.37 | 21% |
| MSCI EAFE | 0.38 | 36% |
| MSCI Emg Mkts | 0.17 | 12% |
Liquidity Measures
| Avg. volume (000) | 628 |
| ADV traded (mns) | $30 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.02% |
Technical Indicators
| 30d moving avg. (EMA) | $47.61 |
| Relative strength (RSI) | 49 |
| MACD/Signal | 0.12/0.09 |
| Bollinger Bands (Upper/Lower) | $48.44/$46.80 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FVD |
Expenses vs. FVD |
ALTAR Score™ vs. FVD |
|---|---|---|---|---|
| LGLV | State Street SPDR US Large Cap Low Volatility Index ETF | 39.1% | -53 bp | +0.0% |
| SIXL | ETC 6 Meridian Low Beta Equity ETF | 33.8% | +15 bp | +0.4% |
| SDY | State Street SPDR S&P Dividend ETF | 33.6% | -30 bp | +0.3% |
| CFA | VictoryShares US 500 Volatility Wtd ETF | 33.2% | -30 bp | -0.4% |
| CFO | VictoryShares US 500 Enhanced Volatility Wtd ETF | 33.2% | -25 bp | -0.4% |
| JPUS | JPMorgan Diversified Return U.S. Equity ETF | 31.9% | -47 bp | +1.1% |
| VYM | Vanguard High Dividend Yield Index ETF | 31.0% | -59 bp | +0.3% |
| STXV | Strive 1000 Value ETF | 30.2% | -47 bp | +1.0% |
| SPLV | Invesco S&P 500 Low Volatility ETF | 30.0% | -40 bp | -0.8% |
| DGRO | iShares Core Dividend Growth ETF | 29.5% | -57 bp | -0.2% |
Risk and Returns: FVD vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/23/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
6.3%
ALTAR SCORE™
68th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,398 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. FVD's ALTAR Score™ is approximately 0.5 standard
deviations above the category average. This places FVD in the 68th percentile
among funds in the category.
Sell-Side Consensus
$56.53
PRICE TARGET
+19.4%
UPSIDE