First Trust Value Line Dividend Index Fund (FVD) belongs to the Mid Cap Value Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FVD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FVD
FVD charges 0.61% annually. There are 42 ETFs in the Mid Cap Value Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Mid-Cap Value ETF | 0.05% | 37.20B | Aug 2006 | FVD vs VOE | |
| iShares Morningstar Mid-Cap ETF | 0.06% | 1.14B | Jun 2004 | FVD vs IMCV | |
| Research Affiliates Deletions ETF | 0.09% | 34.44M | Sep 2024 | FVD vs NIXT | |
| Vanguard S&P Mid-Cap 400 Value ETF | 0.10% | 1.50B | Sep 2010 | FVD vs IVOV | |
| WisdomTree U.S. Value Fund | 0.12% | 3.19B | Feb 2007 | FVD vs WTV |
Best Risk-Adjusted Alternatives to FVD
FVD has a PortfoliosLab risk / return rank of 57. There are 37 ETFs in the Mid Cap Value Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P Ultra Dividend Revenue ETF | 95 | 1.80B | Oct 2013 | FVD vs RDIV | |
| ProShares Equities for Rising Rates ETF | 94 | 33.00M | Jul 2017 | FVD vs EQRR | |
| Alpha Architect U.S. Quantitative Value ETF | 94 | 562.24M | Oct 2014 | FVD vs QVAL | |
| Bushido Capital US SMID Cap Equity ETF | 94 | — | May 2025 | FVD vs RNIN | |
| Vanguard U.S. Value Factor ETF | 92 | 845.20M | Feb 2018 | FVD vs VFVA |
Top Performing FVD Alternatives (YTD)
FVD is at 10.07% YTD. There are 40 ETFs in the Mid Cap Value Equities category with higher YTD returns, going as high as 30.02%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Bushido Capital US SMID Cap Equity ETF | 30.02% | — | May 2025 | FVD vs RNIN | |
| ProShares Equities for Rising Rates ETF | 29.00% | 33.00M | Jul 2017 | FVD vs EQRR | |
| Research Affiliates Deletions ETF | 26.32% | 34.44M | Sep 2024 | FVD vs NIXT | |
| Invesco S&P Ultra Dividend Revenue ETF | 22.74% | 1.80B | Oct 2013 | FVD vs RDIV | |
| Invesco High Yield Equity Dividend Achievers™ ETF | 21.78% | 1.13B | Dec 2004 | FVD vs PEY |
Lowest Volatility Alternatives to FVD
FVD has 10.14% 1-year volatility. No ETFs in the Mid Cap Value Equities category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 10.46%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Adaptive U.S. Factor ETF | 10.46% | 901.95M | Aug 2018 | FVD vs AUSF | |
| Global X SuperDividend U.S. ETF | 10.53% | 783.77M | Mar 2013 | FVD vs DIV | |
| Timothy Plan High Dividend Stock ETF | 10.66% | 358.75M | Apr 2019 | FVD vs TPHD | |
| SPDR S&P Dividend ETF | 10.77% | 23.53B | Nov 2005 | FVD vs SDY | |
| Vanguard Mid-Cap Value ETF | 11.36% | 37.20B | Aug 2006 | FVD vs VOE |
Lowest Drawdown Alternatives to FVD
FVD has a 1-year max drawdown of -7.23%. There are 14 ETFs in the Mid Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -4.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P Ultra Dividend Revenue ETF | -4.84% | 1.80B | Oct 2013 | FVD vs RDIV | |
| ProShares Equities for Rising Rates ETF | -4.95% | 33.00M | Jul 2017 | FVD vs EQRR | |
| Global X SuperDividend U.S. ETF | -5.13% | 783.77M | Mar 2013 | FVD vs DIV | |
| Bushido Capital US SMID Cap Equity ETF | -5.70% | — | May 2025 | FVD vs RNIN | |
| Global X Adaptive U.S. Factor ETF | -5.84% | 901.95M | Aug 2018 | FVD vs AUSF |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 16 categories. AUM among these funds goes as high as $25B.
Often Compared With FVD
Investors most often compare FVD with SCHD, FTCS, HDV. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FVD with Any Fund or Stock
Compare FVD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FVD with funds that move differently
First Trust Value Line Dividend Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FVD.
Explore FVD Diversifiers