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First Trust Morningstar Dividend Leaders Index Fun...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US3369171091

CUSIP

336917109

Inception Date

Mar 9, 2006

Region

North America (U.S.)

Leveraged

1x

Index Tracked

Morningstar Dividend Leaders Index

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

FDL has an expense ratio of 0.45%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

First Trust Morningstar Dividend Leaders Index Fund (FDL) returned 2.61% year-to-date (YTD) and 11.40% over the past 12 months. Over the past 10 years, FDL returned 9.91% annually, underperforming the S&P 500 benchmark at 10.78%.


FDL

YTD

2.61%

1M

2.27%

6M

-0.06%

1Y

11.40%

5Y*

17.08%

10Y*

9.91%

^GSPC (Benchmark)

YTD

0.19%

1M

9.00%

6M

-1.55%

1Y

12.31%

5Y*

15.59%

10Y*

10.78%

*Annualized

Monthly Returns

The table below presents the monthly returns of FDL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20253.15%5.66%-0.18%-5.29%-0.41%2.61%
20240.61%0.86%6.62%-3.46%4.06%-0.63%7.14%2.39%1.76%0.24%4.52%-6.61%17.98%
20233.83%-4.00%-1.68%1.01%-7.45%3.87%5.73%-3.25%-2.86%-3.53%6.97%5.48%2.94%
20222.25%-0.74%4.52%-2.30%6.12%-8.66%4.06%-2.18%-9.32%12.54%5.28%-2.93%6.65%
2021-1.32%4.55%7.97%3.79%1.27%-2.50%0.90%1.70%-2.98%3.11%-2.10%9.91%26.10%
2020-5.22%-10.20%-18.38%12.14%1.56%1.20%4.46%2.23%-2.63%-0.42%12.18%2.92%-4.30%
20194.66%4.07%2.43%1.36%-5.27%6.70%0.82%-3.59%5.53%1.10%2.64%2.27%24.41%
20181.46%-5.80%-1.06%-0.11%1.03%1.28%3.04%-0.07%2.08%-3.05%4.01%-8.24%-5.99%
20170.85%4.36%-0.63%-1.08%0.74%-1.20%1.35%-0.88%3.45%-0.76%3.82%1.60%12.02%
20160.97%1.59%6.21%0.19%0.70%4.37%3.13%-0.98%0.27%-2.38%2.16%3.03%20.71%
2015-1.63%2.63%-2.95%3.22%-0.29%-3.95%2.10%-4.30%0.24%7.95%-0.33%0.53%2.63%
2014-2.24%3.08%2.84%2.89%0.99%2.49%-1.22%1.96%-1.46%3.16%0.54%-0.35%13.20%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FDL is 72, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FDL is 7272
Overall Rank
The Sharpe Ratio Rank of FDL is 6969
Sharpe Ratio Rank
The Sortino Ratio Rank of FDL is 6868
Sortino Ratio Rank
The Omega Ratio Rank of FDL is 6868
Omega Ratio Rank
The Calmar Ratio Rank of FDL is 8080
Calmar Ratio Rank
The Martin Ratio Rank of FDL is 7575
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for First Trust Morningstar Dividend Leaders Index Fund (FDL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

First Trust Morningstar Dividend Leaders Index Fund Sharpe ratios as of May 15, 2025 (values are recalculated daily):

  • 1-Year: 0.76
  • 5-Year: 1.05
  • 10-Year: 0.58
  • All Time: 0.40

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of First Trust Morningstar Dividend Leaders Index Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

First Trust Morningstar Dividend Leaders Index Fund provided a 4.93% dividend yield over the last twelve months, with an annual payout of $2.02 per share. The fund has been increasing its distributions for 2 consecutive years.


3.00%3.50%4.00%4.50%5.00%$0.00$0.50$1.00$1.50$2.0020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$2.02$2.00$1.65$1.31$1.63$1.33$1.22$1.08$0.96$0.82$0.87$0.80

Dividend yield

4.93%4.96%4.58%3.57%4.59%4.48%3.75%3.97%3.18%2.94%3.65%3.35%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.36$0.00$0.00$0.36
2024$0.00$0.00$0.33$0.00$0.00$0.49$0.00$0.00$0.39$0.00$0.00$0.79$2.00
2023$0.00$0.00$0.31$0.00$0.00$0.46$0.00$0.00$0.36$0.00$0.00$0.52$1.65
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$1.31
2021$0.00$0.00$0.24$0.00$0.00$0.35$0.00$0.00$0.28$0.00$0.00$0.77$1.63
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$1.33
2019$0.00$0.00$0.23$0.00$0.00$0.26$0.00$0.00$0.38$0.00$0.00$0.36$1.22
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$1.08
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$0.96
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$0.82
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$0.87
2014$0.19$0.00$0.00$0.19$0.00$0.00$0.20$0.00$0.00$0.22$0.80

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 Morningstar Dividend Leaders Index Fund. 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 Morningstar Dividend Leaders Index Fund was 65.93%, occurring on Mar 5, 2009. Recovery took 996 trading sessions.

The current First Trust Morningstar Dividend Leaders Index Fund drawdown is 5.86%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-65.93%May 23, 2007450Mar 5, 2009996Feb 19, 20131446
-41.4%Jan 3, 202055Mar 23, 2020231Feb 22, 2021286
-16.46%May 31, 202286Sep 30, 202284Feb 1, 2023170
-14.66%Feb 14, 2023178Oct 27, 202347Jan 5, 2024225
-13.32%Jan 29, 2018229Dec 24, 201853Mar 13, 2019282

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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