First Trust Value Line Dividend Index Fund (FVD)

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The chart shows the growth of an initial investment of $10,000 in First Trust Value Line Dividend 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.

First Trust Value Line Dividend Index Fund (FVD) has returned 2.62% so far this year and 8.00% over the past 12 months. Over the last ten years, FVD has returned 8.61% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

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, your investment would double in approximately 7.0 years.

Historically, 65% of months were positive and 35% 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%.

First Trust Value Line Dividend Index Fund has an annualized alpha of 2.76%, beta of 0.77, and R² of 0.79 versus S&P 500 Index. Calculated based on daily prices since October 10, 2003.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (85.63%) than losses (79.36%) — typical of diversified or defensive assets.
• This ETF generated an annualized alpha of 2.76% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

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

FVD ranks 34 for risk / return — below 34% 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.

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

First Trust Value Line Dividend Index Fund provided a 2.30% 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.

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.

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.

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 5.57%.

The chart below shows the rolling one-month volatility.