First Trust Dow 30 Equal Weight ETF (EDOW) belongs to the Large Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EDOW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EDOW
EDOW charges 0.50% annually. There are 152 ETFs in the Large Cap Blend Equities category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X U.S. 500 ETF | 0.02% | 4.56M | Sep 2025 | EDOW vs GXLC | |
| JPMorgan BetaBuilders U.S. Equity ETF | 0.02% | 8.68B | Mar 2019 | EDOW vs BBUS | |
| iShares Core S&P Total U.S. Stock Market ETF | 0.03% | 95.15B | Jan 2004 | EDOW vs ITOT | |
| Schwab U.S. Large-Cap ETF | 0.03% | 72.77B | Nov 2009 | EDOW vs SCHX | |
| Vanguard Total Stock Market ETF | 0.03% | 2.30T | May 2001 | EDOW vs VTI |
Best Risk-Adjusted Alternatives to EDOW
EDOW has a PortfoliosLab risk / return rank of 60. There are 103 ETFs in the Large Cap Blend Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco RAFI Strategic US ETF | 95 | 894.46M | Sep 2018 | EDOW vs IUS | |
| ARS Focused Opportunities Strategy ETF | 94 | 293.98M | Jun 2025 | EDOW vs AFOS | |
| Return Stacked US Stocks & Futures Yield ETF | 94 | — | May 2024 | EDOW vs RSSY | |
| Avantis Inflation Focused Equity ETF | 93 | 10.66M | Sep 2022 | EDOW vs AVIE | |
| PIMCO RAFI ESG U.S. ETF | 90 | 160.47M | Dec 2019 | EDOW vs RAFE |
Top Performing EDOW Alternatives (YTD)
EDOW is at 9.11% YTD. There are 159 ETFs in the Large Cap Blend Equities category with higher YTD returns, going as high as 38.18%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Aztlan North America Nearshoring Stock Selection E... | 38.18% | 33.11M | Nov 2023 | EDOW vs NRSH | |
| Return Stacked US Stocks & Futures Yield ETF | 33.13% | — | May 2024 | EDOW vs RSSY | |
| Mohr Company Nav ETF | 27.65% | — | Sep 2024 | EDOW vs CNAV | |
| ARS Focused Opportunities Strategy ETF | 27.19% | 293.98M | Jun 2025 | EDOW vs AFOS | |
| iShares MSCI USA Momentum Factor ETF | 21.46% | 27.36B | Apr 2013 | EDOW vs MTUM |
Lowest Volatility Alternatives to EDOW
EDOW has 10.68% 1-year volatility. There are 22 ETFs in the Large Cap Blend Equities category with lower 1-year volatility, going as low as 6.38%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Bridges Capital Tactical ETF | 6.38% | 42.09M | May 2023 | EDOW vs BDGS | |
| Azoria 500 Meritocracy ETF | 7.65% | — | Jul 2025 | EDOW vs SPXM | |
| iShares MSCI USA Min Vol Factor ETF | 8.53% | 23.36B | Oct 2011 | EDOW vs USMV | |
| 6 Meridian Mega Cap Equity ETF | 8.89% | 402.23M | May 2020 | EDOW vs SIXA | |
| Liberty One Spectrum ETF | 9.27% | 4.85M | Sep 2025 | EDOW vs SPCT |
Lowest Drawdown Alternatives to EDOW
EDOW has a 1-year max drawdown of -8.73%. There are 70 ETFs in the Large Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -4.03%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Bridges Capital Tactical ETF | -4.03% | 42.09M | May 2023 | EDOW vs BDGS | |
| Avantis Inflation Focused Equity ETF | -4.97% | 10.66M | Sep 2022 | EDOW vs AVIE | |
| Azoria 500 Meritocracy ETF | -5.08% | — | Jul 2025 | EDOW vs SPXM | |
| 6 Meridian Mega Cap Equity ETF | -5.59% | 402.23M | May 2020 | EDOW vs SIXA | |
| SEI Enhanced Low Volatility US Large Cap ETF | -5.92% | 168.13M | May 2022 | EDOW vs SELV |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 14 categories. AUM among these funds goes as high as $14B.
Often Compared With EDOW
Investors most often compare EDOW with DIA, DGT, DJD. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare EDOW with Any Fund or Stock
Compare EDOW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EDOW with funds that move differently
First Trust Dow 30 Equal Weight ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EDOW.
Explore EDOW Diversifiers