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ISIN
US33733A2015
CUSIP
33733A201
Inception Date
Aug 8, 2017
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
Dow Jones Industrail Average Equal Weight TR
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend
Assets Under Management
$310M

Share Price Chart


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Performance

EDOW Performance Chart

First Trust Dow 30 Equal Weight ETF (EDOW) is up 5.7% since the beginning of the year. EDOW is currently trading at $44 per share. Investors who bought $1,000 worth of EDOW shares 5 years ago would now be looking at an investment worth $1,531.


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S&P 500 Index

Returns By Period

First Trust Dow 30 Equal Weight ETF (EDOW) has returned 5.68% so far this year and 18.49% over the past 12 months.


First Trust Dow 30 Equal Weight ETF

1D
-1.18%
1M
3.18%
YTD
5.68%
6M
5.68%
1Y
18.49%
3Y*
15.49%
5Y*
8.89%
10Y*

Benchmark (S&P 500 Index)

1D
-0.74%
1M
4.90%
YTD
10.35%
6M
10.28%
1Y
26.52%
3Y*
20.83%
5Y*
12.30%
10Y*
13.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EDOW Monthly Returns History

Based on dividend-adjusted daily data since Aug 9, 2017, EDOW's average daily return is +0.05%, while the average monthly return is +0.98%. At this rate, an investment would double in approximately 5.9 years.

Historically, 66% of months were positive and 34% were negative. The best month was Oct 2022 with a return of +13.8%, while the worst month was Mar 2020 at -11.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, EDOW closed higher 53% of trading days. The best single day was Mar 13, 2020 with a return of +9.9%, while the worst single day was Mar 16, 2020 at -11.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.47%1.70%-5.43%5.09%3.17%-1.10%5.68%
20254.11%0.51%-4.20%-2.88%5.01%4.05%-0.08%3.54%1.06%2.23%0.99%0.56%15.46%
20240.92%2.56%2.49%-4.80%2.43%0.13%3.76%1.64%2.34%-1.91%7.73%-4.21%13.17%
20234.03%-3.57%2.74%1.81%-3.74%4.46%2.83%-1.72%-4.16%-1.13%8.37%5.45%15.47%
2022-1.86%-2.43%2.49%-5.16%0.58%-7.74%5.87%-3.91%-9.77%13.75%6.45%-3.58%-7.45%
2021-1.55%4.29%6.53%1.55%2.16%0.15%1.01%1.33%-4.02%4.37%-3.80%6.02%18.82%

Benchmark Metrics

First Trust Dow 30 Equal Weight ETF has an annualized alpha of -0.20%, beta of 0.86, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since August 10, 2017.

  • This ETF participated in 95.10% of S&P 500 Index downside but only 87.44% of its upside - more exposed to losses than it benefited from rallies.
  • With beta of 0.86 and R2 of 0.84, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
-0.20%
Beta
0.86
0.84
Upside Capture
87.44%
Downside Capture
95.10%

Expense Ratio

EDOW has an expense ratio of 0.50%, placing it in the medium range.


Return for Risk

Risk / Return Rank

EDOW ranks 50 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


EDOW Risk / Return Rank: 5050
Overall Rank
EDOW Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
EDOW Sortino Ratio Rank: 5555
Sortino Ratio Rank
EDOW Omega Ratio Rank: 5050
Omega Ratio Rank
EDOW Calmar Ratio Rank: 4444
Calmar Ratio Rank
EDOW Martin Ratio Rank: 4848
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for First Trust Dow 30 Equal Weight ETF (EDOW) and compare them to S&P 500 Index.


EDOWBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.50

Sortino ratioReturn per unit of downside risk

-0.50

Omega ratioGain probability vs. loss probability

1.30

1.41

-0.10

Calmar ratioReturn relative to maximum drawdown

2.13

2.93

-0.80

Martin ratioReturn relative to average drawdown

7.89

13.52

-5.64

Dividends

Dividend History

First Trust Dow 30 Equal Weight ETF provided a 1.24% dividend yield over the last twelve months, with an annual payout of $0.54 per share.


0.80%1.00%1.20%1.40%1.60%1.80%2.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.60201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$0.54$0.54$0.60$0.63$0.55$0.48$0.50$0.49$0.39$0.17

Dividend yield

1.24%1.31%1.65%1.93%1.91%1.52%1.84%1.88%1.82%0.75%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust Dow 30 Equal Weight ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.13$0.00$0.00$0.00$0.13
2025$0.00$0.00$0.14$0.00$0.00$0.11$0.00$0.00$0.13$0.00$0.00$0.17$0.54
2024$0.00$0.00$0.14$0.00$0.00$0.15$0.00$0.00$0.16$0.00$0.00$0.15$0.60
2023$0.00$0.00$0.15$0.00$0.00$0.14$0.00$0.00$0.15$0.00$0.00$0.20$0.63
2022$0.00$0.00$0.15$0.00$0.00$0.12$0.00$0.00$0.14$0.00$0.00$0.14$0.55
2021$0.00$0.00$0.12$0.00$0.00$0.12$0.00$0.00$0.11$0.00$0.00$0.14$0.48

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust Dow 30 Equal Weight ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust Dow 30 Equal Weight ETF was 33.72%, occurring on Mar 23, 2020. Recovery took 166 trading sessions.

The current First Trust Dow 30 Equal Weight ETF drawdown is 1.18%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-33.72%Mar 2020
1mo 9d7mo 28d
9mo 7dFeb 2020 - Nov 2020
Bear market2022
-21.98%Sep 2022
8mo 28d1y 2mo
1y 11moJan 2022 - Dec 2023
2025 selloff2025
-15.51%Apr 2025
1mo 17d2mo 20d
4mo 7dFeb 2025 - Jun 2025
Rate-hike selloffLate 2018
-15.49%Dec 2018
2mo 22d2mo 24d
5mo 16dOct 2018 - Mar 2019
2018 correction2018
-10.74%Apr 2018
2mo 2d4mo 27d
6mo 29dJan 2018 - Aug 2018

Drawdown Indicators


EDOWBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-33.72%

-56.78%

+23.06%

Max Drawdown (1Y)

Largest decline over 1 year

-8.73%

-9.10%

+0.37%

Max Drawdown (3Y)

Largest decline over 3 years

-15.51%

-18.90%

+3.39%

Max Drawdown (5Y)

Largest decline over 5 years

-21.98%

-25.43%

+3.45%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-1.18%

-0.74%

-0.44%

Average Drawdown

Average peak-to-trough decline

-4.08%

-10.72%

+6.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.35%

1.97%

+0.38%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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