First Trust Morningstar Dividend Leaders Index Fund (FDL)

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.

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%.

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.

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.

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.

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

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.

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.