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First Trust Morningstar Dividend Leaders Index Fund (FDL)

ETF · Currency in USD · Last updated Mar 18, 2023

FDL is a passive ETF by First Trust tracking the investment results of the Morningstar Dividend Leaders Index. FDL launched on Mar 9, 2006 and has a 0.45% expense ratio.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in First Trust Morningstar Dividend Leaders Index Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $32,111 for a total return of roughly 221.11%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%15.00%NovemberDecember2023FebruaryMarch
3.36%
6.48%
FDL (First Trust Morningstar Dividend Leaders Index Fund)
Benchmark (^GSPC)

S&P 500

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Return

First Trust Morningstar Dividend Leaders Index Fund had a return of -7.25% year-to-date (YTD) and -4.12% in the last 12 months. Over the past 10 years, First Trust Morningstar Dividend Leaders Index Fund had an annualized return of 9.37%, which was very close to the S&P 500 benchmark's annualized return of 9.71%.


PeriodReturnBenchmark
1 month-10.88%-5.31%
Year-To-Date-7.25%2.01%
6 months-2.50%0.39%
1 year-4.12%-10.12%
5 years (annualized)7.68%7.32%
10 years (annualized)9.37%9.71%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20233.83%-4.00%
2022-9.32%12.54%5.28%-2.93%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current First Trust Morningstar Dividend Leaders Index Fund Sharpe ratio is -0.22. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.00NovemberDecember2023FebruaryMarch
-0.22
-0.43
FDL (First Trust Morningstar Dividend Leaders Index Fund)
Benchmark (^GSPC)

Dividend History

First Trust Morningstar Dividend Leaders Index Fund granted a 3.86% dividend yield in the last twelve months. The annual payout for that period amounted to $1.31 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$1.31$1.31$1.63$1.33$1.22$1.08$0.96$0.81$0.86$0.80$0.69$0.71

Dividend yield

3.86%3.58%4.76%4.88%4.31%4.74%3.94%3.76%4.81%4.59%4.43%5.62%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust Morningstar Dividend Leaders Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00
2022$0.00$0.00$0.28$0.00$0.00$0.24$0.00$0.00$0.40$0.00$0.00$0.39
2021$0.00$0.00$0.24$0.00$0.00$0.35$0.00$0.00$0.27$0.00$0.00$0.77
2020$0.00$0.00$0.29$0.00$0.00$0.37$0.00$0.00$0.30$0.00$0.00$0.37
2019$0.00$0.00$0.23$0.00$0.00$0.25$0.00$0.00$0.38$0.00$0.00$0.36
2018$0.00$0.00$0.23$0.00$0.00$0.26$0.00$0.00$0.24$0.00$0.00$0.35
2017$0.00$0.00$0.22$0.00$0.00$0.24$0.00$0.00$0.21$0.00$0.00$0.29
2016$0.00$0.00$0.17$0.00$0.00$0.18$0.00$0.00$0.20$0.00$0.00$0.27
2015$0.00$0.00$0.21$0.00$0.00$0.22$0.00$0.00$0.19$0.00$0.00$0.25
2014$0.00$0.00$0.19$0.00$0.00$0.19$0.00$0.00$0.20$0.00$0.00$0.22
2013$0.00$0.00$0.18$0.00$0.00$0.19$0.00$0.00$0.11$0.00$0.00$0.20
2012$0.16$0.00$0.00$0.17$0.00$0.00$0.18$0.00$0.00$0.21

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2023FebruaryMarch
-11.37%
-18.34%
FDL (First Trust Morningstar Dividend Leaders Index Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the First Trust Morningstar Dividend Leaders Index Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the First Trust Morningstar Dividend Leaders Index Fund is 65.93%, recorded on Mar 5, 2009. It took 996 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-65.93%May 23, 2007450Mar 5, 2009996Feb 19, 20131446
-41.4%Dec 24, 201961Mar 23, 2020231Feb 22, 2021292
-16.46%May 31, 202286Sep 30, 202284Feb 1, 2023170
-13.32%Jan 29, 2018229Dec 24, 201853Mar 13, 2019282
-11.37%Feb 14, 202323Mar 17, 2023
-11.19%Jan 23, 2015149Aug 25, 201541Oct 22, 2015190
-7.05%Jul 29, 201922Aug 27, 201910Sep 11, 201932
-6.19%May 11, 202148Jul 19, 2021105Dec 15, 2021153
-6.05%May 16, 201327Jun 24, 201320Jul 23, 201347
-5.82%Dec 30, 201514Jan 20, 201618Feb 16, 201632

Volatility Chart

Current First Trust Morningstar Dividend Leaders Index Fund volatility is 17.97%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%NovemberDecember2023FebruaryMarch
17.97%
21.17%
FDL (First Trust Morningstar Dividend Leaders Index Fund)
Benchmark (^GSPC)