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Inception Date
Dec 17, 2019
Category
Dividend
Leveraged
1x (No leverage)
Index Tracked
First Trust Value Line Dividend Index UCITS ETF Class A USD Accumulation
Distribution Policy
Accumulating
Asset Class
Equity

Share Price Chart


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Performance

FVD.L Performance Chart

First Trust Value Line Dividend Index UCITS ETF Class A USD Accumulation (FVD.L) is up 6.3% since the beginning of the year. FVD.L is currently trading at $30 per share. Investors who bought $1,000 worth of FVD.L shares 5 years ago would now be looking at an investment worth $1,327.


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S&P 500 Index

Returns By Period

First Trust Value Line Dividend Index UCITS ETF Class A USD Accumulation (FVD.L) has returned 6.31% so far this year and 10.94% over the past 12 months.


First Trust Value Line Dividend Index UCITS ETF Class A USD Accumulation

1D
-0.33%
1M
1.73%
6M
4.38%
YTD
6.31%
1Y
10.94%
3Y*
8.68%
5Y*
5.82%
10Y*

Benchmark (S&P 500 Index)

1D
0.38%
1M
0.24%
6M
9.32%
YTD
10.62%
1Y
21.28%
3Y*
18.90%
5Y*
11.84%
10Y*
13.36%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FVD.L Monthly Returns History

Based on dividend-adjusted daily data since Feb 11, 2020, FVD.L's average daily return is +0.03%, while the average monthly return is +0.60%. At this rate, an investment would double in approximately 9.7 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2020 with a return of +9.4%, while the worst month was Feb 2020 at -12.4%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.

On a daily basis, FVD.L closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +7.6%, while the worst single day was Mar 12, 2020 at -11.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.34%5.16%-6.32%2.49%-0.96%2.63%1.21%6.31%
20252.93%0.30%-0.71%-2.25%2.88%0.04%1.23%3.10%-0.68%-1.84%3.37%0.18%8.66%
20240.08%0.97%3.25%-3.22%1.12%-0.74%6.35%2.61%2.21%-1.04%4.10%-6.18%9.25%
20231.04%-1.38%0.65%1.39%-4.96%4.18%2.29%-3.59%-4.12%-2.74%6.24%5.08%3.39%
2022-3.23%-1.03%4.54%-3.43%-0.47%-5.33%4.68%-2.17%-7.90%6.89%4.28%-0.61%-4.80%
2021-0.26%2.07%7.55%3.63%2.36%-1.11%2.47%1.75%-3.83%3.81%-1.55%5.92%24.66%

Benchmark Metrics

First Trust Value Line Dividend Index UCITS ETF Class A USD Accumulation has an annualized alpha of 1.93%, beta of 0.37, and R2 of 0.22 versus S&P 500 Index. Calculated based on daily prices since February 11, 2020.

  • This ETF participated in 72.95% of S&P 500 Index downside but only 54.01% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.37 may look defensive, but with R2 of 0.22 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R2 of 0.22 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
1.93%
Beta
0.37
0.22
Upside Capture
54.01%
Downside Capture
72.95%

Return for Risk

Risk / Return Rank

FVD.L ranks 36 for risk / return — below 36% 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.L Risk / Return Rank: 3636
Overall Rank
FVD.L Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
FVD.L Sortino Ratio Rank: 3636
Sortino Ratio Rank
FVD.L Omega Ratio Rank: 3434
Omega Ratio Rank
FVD.L Calmar Ratio Rank: 4040
Calmar Ratio Rank
FVD.L Martin Ratio Rank: 3333
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 UCITS ETF Class A USD Accumulation (FVD.L) 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.


FVD.LBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.58

Sortino ratioReturn per unit of downside risk

-0.75

Omega ratioGain probability vs. loss probability

1.19

1.31

-0.11

Calmar ratioReturn relative to maximum drawdown

1.68

2.35

-0.67

Martin ratioReturn relative to average drawdown

4.02

10.19

-6.18

Dividends

Dividend History


First Trust Value Line Dividend Index UCITS ETF Class A USD Accumulation doesn't pay dividends

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 UCITS ETF Class A USD Accumulation. 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 UCITS ETF Class A USD Accumulation was 34.96%, occurring on Mar 23, 2020. Recovery took 227 trading sessions.

The current First Trust Value Line Dividend Index UCITS ETF Class A USD Accumulation drawdown is 1.61%.


Drawdown

Fall

Recovery

Underwater

Related event

-34.96%Mar 2020
1mo 4d10mo 29d
12mo 3dFeb 2020 - Feb 2021
COVID crash2020
-16.22%Oct 2022
5mo 24d1y 5mo
1y 10moApr 2022 - Mar 2024
Bear market2022
-12.60%Apr 2025
4mo 8d4mo 6d
8mo 14dDec 2024 - Aug 2025
2025 selloff2025
-9.28%Feb 2022
1mo 19d1mo 26d
3mo 15dJan 2022 - Apr 2022
Bear market2022
-6.81%Mar 2026
18d3mo 15d
4mo 3dMar 2026 - Jul 2026

Drawdown Indicators


FVD.LBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-34.96%

-56.78%

+21.82%

Max Drawdown (1Y)

Largest decline over 1 year

-6.81%

-9.10%

+2.29%

Max Drawdown (3Y)

Largest decline over 3 years

-12.60%

-18.90%

+6.30%

Max Drawdown (5Y)

Largest decline over 5 years

-16.22%

-25.43%

+9.21%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-1.61%

-0.49%

-1.12%

Average Drawdown

Average peak-to-trough decline

-5.06%

-10.70%

+5.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.86%

2.09%

+0.77%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with FVD.L

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