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
$ 8.0 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 +
| SEI INVESTMENTS COMPANY | 0.5 % |
| ROGERS COMMUNICATIONS INC. CLASS B | 0.5 % |
| CISCO SYSTEMS INC | 0.5 % |
| KEURIG DR PEPPER INC. | 0.5 % |
| PHILIP MORRIS INTERNATIONAL | 0.5 % |
| KRAFT HEINZ COMPANY | 0.5 % |
| PEMBINA PIPELINE CORPORATION | 0.5 % |
| T ROWE PRICE GROUP INC | 0.5 % |
| MSC INDUSTRIAL DIRECT CO-A | 0.5 % |
| MONDELEZ INTERNATIONAL INC-A | 0.5 % |
Constituent Breakdown
| Number of holdings | 239 |
| Herfindahl-Hirschman Index | 42 |
| Wgt avg mkt cap (mns) | $76,754 |
| Large cap (>$10bn) | 82.6% |
| Mid cap ($2-10bn) | 16.0% |
| Small cap (<$2bn) | 0.4% |
| Developed mkts. | 98.5% |
| Emerging mkts. | 1.3% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 79.9 % |
 |
CANADA | 7.5 % |
 |
BRITAIN | 5.0 % |
 |
IRELAND | 2.0 % |
 |
JAPAN | 1.2 % |
 |
SWITZERLAND | 0.8 % |
 |
FRANCE | 0.8 % |
 |
BERMUDA | 0.8 % |
 |
INDIA | 0.8 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 4.2% | 9.6% | 8.5% | 5.8% | 4.0% | 6.4% | 6.2% | 5.3% |
| Dividend Yield | 0.6% | 2.6% | 2.6% | 2.5% | 2.4% | 2.4% | 3.3% | 4.1% |
| Total Returns | 4.8% | 12.2% | 11.1% | 8.3% | 6.4% | 8.8% | 9.5% | 9.4% | Ann. Volatility | 10.2% | 9.9% | 11.6% | 11.3% | 12.8% | 15.4% | 16.9% | 16.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.40 | 26% |
| MSCI EAFE | 0.42 | 38% |
| MSCI Emg Mkts | 0.20 | 14% |
Liquidity Measures
| Avg. volume (000) | 1,072 |
| ADV traded (mns) | $50 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.02% |
Technical Indicators
| 30d moving avg. (EMA) | $47.63 |
| Relative strength (RSI) | 46 |
| MACD/Signal | -0.10/-0.03 |
| Bollinger Bands (Upper/Lower) | $48.43/$47.06 |
| Short interest (% of AUM) | 0.0% |
Distributions
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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 | 38.4% | -53 bp | -0.1% |
| SIXL | ETC 6 Meridian Low Beta Equity ETF | 34.5% | +15 bp | +0.3% |
| CFA | VictoryShares US 500 Volatility Wtd ETF | 33.0% | -30 bp | -0.3% |
| SDY | State Street SPDR S&P Dividend ETF | 32.8% | -30 bp | +0.3% |
| CFO | VictoryShares US 500 Enhanced Volatility Wtd ETF | 32.4% | -25 bp | -0.3% |
| JPUS | JPMorgan Diversified Return U.S. Equity ETF | 32.0% | -47 bp | +1.1% |
| XRLV | Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF | 31.5% | -40 bp | -1.0% |
| VYM | Vanguard High Dividend Yield Index ETF | 31.5% | -59 bp | +0.2% |
| SPLV | Invesco S&P 500 Low Volatility ETF | 30.8% | -40 bp | -0.8% |
| STXV | Strive 1000 Value ETF | 30.7% | -47 bp | +1.1% |
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 5/15/2026
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™
67th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,207 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.1%. FVD's ALTAR Score™ is approximately 0.4 standard
deviations above the category average. This places FVD in the 67th percentile
among funds in the category.
Sell-Side Consensus
$55.77
PRICE TARGET
+18.6%
UPSIDE