PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
First Trust Morningstar Dividend Leaders Index Fun...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS3369171091
CUSIP336917109
IssuerFirst Trust
Inception DateMar 9, 2006
RegionNorth America (U.S.)
CategoryLarge Cap Value Equities, Dividend
Leveraged1x
Index TrackedMorningstar Dividend Leaders Index
Home Pagewww.ftportfolios.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

FDL features an expense ratio of 0.45%, falling within the medium range.


Expense ratio chart for FDL: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%

Share Price Chart


Loading data...

Compare to other instruments

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


Popular comparisons: FDL vs. SCHD, FDL vs. FDVV, FDL vs. SPYD, FDL vs. LVHD, FDL vs. VYM, FDL vs. SPHD, FDL vs. JEPI, FDL vs. VOO, FDL vs. NOBL, FDL vs. ONEQ

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in First Trust Morningstar Dividend Leaders Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
10.86%
14.05%
FDL (First Trust Morningstar Dividend Leaders Index Fund)
Benchmark (^GSPC)

Returns By Period

First Trust Morningstar Dividend Leaders Index Fund had a return of 20.47% year-to-date (YTD) and 34.60% in the last 12 months. Over the past 10 years, First Trust Morningstar Dividend Leaders Index Fund had an annualized return of 10.02%, while the S&P 500 had an annualized return of 11.39%, indicating that First Trust Morningstar Dividend Leaders Index Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date20.47%25.45%
1 month-0.47%2.91%
6 months10.86%14.05%
1 year34.60%35.64%
5 years (annualized)10.29%14.13%
10 years (annualized)10.02%11.39%

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
20240.61%0.86%6.62%-3.46%4.06%-0.63%7.14%2.39%1.76%0.24%20.47%
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%4.56%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%6.69%0.82%-3.59%5.53%1.10%2.65%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%1.61%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%2.11%-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%13.21%
20134.55%2.18%5.55%4.12%-3.21%0.18%3.78%-3.46%1.36%4.41%0.05%1.58%22.67%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of FDL is 81, placing it in the top 19% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of FDL is 8181
Combined Rank
The Sharpe Ratio Rank of FDL is 8383Sharpe Ratio Rank
The Sortino Ratio Rank of FDL is 8585Sortino Ratio Rank
The Omega Ratio Rank of FDL is 7878Omega Ratio Rank
The Calmar Ratio Rank of FDL is 7171Calmar Ratio Rank
The Martin Ratio Rank of FDL is 8888Martin 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.


FDL
Sharpe ratio
The chart of Sharpe ratio for FDL, currently valued at 2.93, compared to the broader market-2.000.002.004.006.002.93
Sortino ratio
The chart of Sortino ratio for FDL, currently valued at 4.17, compared to the broader market-2.000.002.004.006.008.0010.0012.004.17
Omega ratio
The chart of Omega ratio for FDL, currently valued at 1.52, compared to the broader market1.001.502.002.503.001.52
Calmar ratio
The chart of Calmar ratio for FDL, currently valued at 2.88, compared to the broader market0.005.0010.0015.002.88
Martin ratio
The chart of Martin ratio for FDL, currently valued at 21.26, compared to the broader market0.0020.0040.0060.0080.00100.0021.26
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.90, compared to the broader market-2.000.002.004.006.002.90
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.87, compared to the broader market-2.000.002.004.006.008.0010.0012.003.87
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.54, compared to the broader market1.001.502.002.503.001.54
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 4.19, compared to the broader market0.005.0010.0015.004.19
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 18.72, compared to the broader market0.0020.0040.0060.0080.00100.0018.72

Sharpe Ratio

The current First Trust Morningstar Dividend Leaders Index Fund Sharpe ratio is 2.93. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of First Trust Morningstar Dividend Leaders Index Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.93
2.90
FDL (First Trust Morningstar Dividend Leaders Index Fund)
Benchmark (^GSPC)

Dividends

Dividend History

First Trust Morningstar Dividend Leaders Index Fund provided a 4.11% dividend yield over the last twelve months, with an annual payout of $1.72 per share.


3.00%3.50%4.00%4.50%$0.00$0.50$1.00$1.5020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.72$1.65$1.31$1.63$1.33$1.22$1.08$0.96$0.82$0.87$0.80$0.69

Dividend yield

4.11%4.58%3.57%4.59%4.48%3.75%3.97%3.18%2.94%3.65%3.35%3.13%

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
2024$0.00$0.00$0.33$0.00$0.00$0.49$0.00$0.00$0.39$0.00$0.00$1.21
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$0.00$0.00$0.19$0.00$0.00$0.19$0.00$0.00$0.20$0.00$0.00$0.22$0.80
2013$0.18$0.00$0.00$0.19$0.00$0.00$0.12$0.00$0.00$0.20$0.69

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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.19%
-0.29%
FDL (First Trust Morningstar Dividend Leaders Index Fund)
Benchmark (^GSPC)

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 2.19%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-65.93%May 23, 2007450Mar 5, 2009996Feb 19, 20131446
-41.4%Dec 27, 201959Mar 23, 2020231Feb 22, 2021290
-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 current First Trust Morningstar Dividend Leaders Index Fund volatility is 3.55%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.55%
3.86%
FDL (First Trust Morningstar Dividend Leaders Index Fund)
Benchmark (^GSPC)