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ETFs

First Trust Value Line Dividend Fund

FVD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 19 2003
Expense Ratio
0.65%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$37,212,230
AUM
$11,061,385,359
Associated Index
Value Line Dividend Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

TM
Toyota Motor Corporation - ADR
0.69%
BRC
Brady Corp. - Ordinary Shares - Class A
0.68%
EG
Everest Group Ltd
0.67%
ALL
Allstate Corp (The)
0.65%
WTW
Willis Towers Watson Public Limited Co
0.64%
CB
Chubb Limited
0.64%
THG
Hanover Insurance Group Inc
0.64%
CVS
CVS Health Corp
0.64%
INFY
Infosys Ltd - ADR
0.63%
SXT
Sensient Technologies Corp.
0.63%
Invest with FVD

What is FVD?

The First Trust Value Line Dividend Index Fund is an exchange-traded index fund. The objective of the fund is to seek investment results that correspond generally to the price and yield before fees and expenses of the Value Line Dividend Index.

ETFs related toFVD

ETFs correlated to FVD include LGLV, SDY, NOBL

FVD
First Trust Exchange-Traded Fund III - First Trust Value Line Dividend Index Fund
LGLV
SPDR Series Trust - SPDR SSGA US Large Cap Low Volatility Index ETF
SDY
SPDR Series Trust - SPDR Dividend ETF
NOBL
ProShares Trust - ProShares S&P 500 Dividend Aristocrats ETF
LVHD
Legg Mason ETF Investment Trust - Franklin U.S. Low Volatility High Dividend Index ETF
USMV
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Min Vol Factor ETF
NULV
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF
DGRO
BlackRock Institutional Trust Company N.A. - iShares Core Dividend Growth ETF
JPUS
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Equity ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
SPLV
Invesco Capital Management LLC - Invesco S&P 500 Low Volatility ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFVD

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with FVD using Composer

News Related to FVD

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Apr 24, 2024 • by Anusuya Lahiri
Rogers Comm's Q1 Earnings Exceed Expectations Driven by Wireless Strength
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First Trust Announces Adjournment Of Special Shareholder Meeting To Approve The Reorganization Of First Trust Value Line 100 Exchange-Traded Fund With First Trust Value Line Dividend Index Fund

Sep 28, 2020 • by Benzinga Newsdesk
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Some Dividend ETFs Could Give GE The Boot

Nov 14, 2017 • by Benzinga
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An ETF For Dividend Achievers

Nov 3, 2017 • by Benzinga
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FAQ

FVD is a US Equities ETF. The First Trust Value Line Dividend Index Fund is an exchange-traded index fund. The objective of the fund is to seek investment results that correspond generally to the price and yield before fees and expenses of the Value Line Dividend Index.

FVD tracks the Value Line Dividend Index.

FVD dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

No, FVD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FVD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FVD is -0.0105%. This is the percent change in the value of FVD over the most recent 1-month period. The 3-month return on FVD is -0.0297%. This is the percent change in the value of FVD over the most recent 3-month period.

The standard deviation of FVD for the past year is 0.1423%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FVD include VIG, VYM, and DFAS.

ETFs correlated to FVD include LGLV, SDY, and NOBL.

ETFs that are inversely correlated to FVD include SDOW, DOG, and DXD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.