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ISIN
US33734H1068
CUSIP
33734H106
Inception Date
Aug 26, 2003
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
Value Line Dividend Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Value
Assets Under Management
$8B

Share Price Chart


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Performance

FVD Performance Chart

First Trust Value Line Dividend Index Fund (FVD) is up 3.3% since the beginning of the year. FVD is currently trading at $47 per share. Investors who bought $1,000 worth of FVD shares 5 years ago would now be looking at an investment worth $1,338.


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S&P 500 Index

Returns By Period

First Trust Value Line Dividend Index Fund (FVD) has returned 3.30% so far this year and 9.84% over the past 12 months. Over the last ten years, FVD has returned 8.54% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


First Trust Value Line Dividend Index Fund

1D
-0.17%
1M
-1.17%
YTD
3.30%
6M
2.96%
1Y
9.84%
3Y*
8.73%
5Y*
5.99%
10Y*
8.54%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FVD Monthly Returns History

Based on dividend-adjusted daily data since Oct 9, 2003, FVD's average daily return is +0.04%, while the average monthly return is +0.83%. At this rate, an investment would double in approximately 7.0 years.

Historically, 66% of months were positive and 34% were negative. The best month was Nov 2020 with a return of +10.0%, while the worst month was Mar 2020 at -14.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FVD closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +9.6%, while the worst single day was Mar 16, 2020 at -10.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.91%4.59%-5.57%2.08%-1.56%0.17%3.30%
20251.92%1.89%-1.03%-1.75%2.15%0.47%0.51%3.34%0.14%-2.40%3.21%-0.39%8.16%
2024-0.79%2.04%3.32%-3.43%2.45%-1.80%6.23%3.49%2.06%-1.89%4.64%-5.98%10.04%
20232.51%-2.93%1.68%1.07%-4.75%4.39%1.87%-4.14%-4.04%-1.90%6.24%4.84%4.11%
2022-2.93%-2.14%4.04%-4.23%1.56%-5.24%4.82%-3.05%-8.77%8.35%6.91%-3.07%-5.18%
2021-1.45%2.11%8.13%3.84%2.28%-0.94%1.94%2.07%-4.89%5.08%-2.50%7.76%25.08%

Benchmark Metrics

First Trust Value Line Dividend Index Fund has an annualized alpha of 2.36%, beta of 0.77, and R2 of 0.78 versus S&P 500 Index. Calculated based on daily prices since October 09, 2003.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (83.10%) than losses (79.02%) - typical of diversified or defensive assets.
  • This ETF generated an annualized alpha of 2.36% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.

Alpha
2.36%
Beta
0.77
0.78
Upside Capture
83.10%
Downside Capture
79.02%

Expense Ratio

FVD has an expense ratio of 0.61%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FVD ranks 28 for risk / return — below 28% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


FVD Risk / Return Rank: 2828
Overall Rank
FVD Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
FVD Sortino Ratio Rank: 2929
Sortino Ratio Rank
FVD Omega Ratio Rank: 2626
Omega Ratio Rank
FVD Calmar Ratio Rank: 2828
Calmar Ratio Rank
FVD Martin Ratio Rank: 2727
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for First Trust Value Line Dividend Index Fund (FVD) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


FVDBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.01

Sortino ratioReturn per unit of downside risk

-1.22

Omega ratioGain probability vs. loss probability

1.17

1.37

-0.19

Calmar ratioReturn relative to maximum drawdown

1.37

2.78

-1.42

Martin ratioReturn relative to average drawdown

3.52

12.44

-8.92

Dividends

Dividend History

First Trust Value Line Dividend Index Fund provided a 2.29% dividend yield over the last twelve months, with an annual payout of $1.08 per share. The fund has been increasing its distributions for 4 consecutive years.


1.80%2.00%2.20%2.40%$0.00$0.20$0.40$0.60$0.80$1.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.08$1.09$0.97$0.95$0.88$0.75$0.81$0.73$0.73$0.65$0.57$0.56

Dividend yield

2.29%2.36%2.23%2.34%2.20%1.75%2.31%2.03%2.50%2.10%2.04%2.34%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.26$0.00$0.00$0.00$0.26
2025$0.00$0.00$0.26$0.00$0.00$0.26$0.00$0.00$0.25$0.00$0.00$0.32$1.09
2024$0.00$0.00$0.19$0.00$0.00$0.28$0.00$0.00$0.23$0.00$0.00$0.28$0.97
2023$0.00$0.00$0.21$0.00$0.00$0.26$0.00$0.00$0.18$0.00$0.00$0.29$0.95
2022$0.00$0.05$0.19$0.00$0.00$0.17$0.00$0.00$0.20$0.00$0.00$0.27$0.88
2021$0.00$0.00$0.18$0.00$0.00$0.19$0.00$0.00$0.16$0.00$0.00$0.23$0.75

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 Value Line Dividend 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 Value Line Dividend Index Fund was 51.00%, occurring on Mar 9, 2009. Recovery took 501 trading sessions.

The current First Trust Value Line Dividend Index Fund drawdown is 4.95%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-51.00%Mar 2009
1y 9mo1y 11mo
3y 9moJun 2007 - Mar 2011
COVID crash2020
-35.25%Mar 2020
1mo 4d11mo 7d
1y 6dFeb 2020 - Feb 2021
Bear market2022
-16.41%Oct 2022
5mo 24d1y 4mo
1y 10moApr 2022 - Mar 2024
2011 correction2011
-15.40%Aug 2011
2mo 20d5mo 13d
8mo 3dMay 2011 - Jan 2012
Rate-hike selloffLate 2018
-12.87%Dec 2018
3mo 1d1mo 23d
4mo 24dSep 2018 - Feb 2019

Drawdown Indicators


FVDBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-51.00%

-56.78%

+5.78%

Max Drawdown (1Y)

Largest decline over 1 year

-7.23%

-9.10%

+1.87%

Max Drawdown (3Y)

Largest decline over 3 years

-11.97%

-18.90%

+6.93%

Max Drawdown (5Y)

Largest decline over 5 years

-16.41%

-25.43%

+9.02%

Max Drawdown (10Y)

Largest decline over 10 years

-35.25%

-33.92%

-1.33%

Current Drawdown

Current decline from peak

-4.95%

-1.80%

-3.15%

Average Drawdown

Average peak-to-trough decline

-5.44%

-10.71%

+5.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.80%

2.03%

+0.77%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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