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First Trust Value Line Dividend Index Fund (FVD) Sharpe Ratio: 1.01

ETF · Currency in USD · Last updated Jun 24, 2026

First Trust Value Line Dividend Index Fund seeks to track the investment results of the Value Line Dividend Index, which selects stocks with above-average dividend yields that are ranked by Value Line for safety and capital growth potential.

FVD's Sharpe Ratio of 1.01 indicates that for each unit of volatility, it generates 1.01 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 24, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

FVD Sharpe Ratio Rank

FVD Sharpe Ratio Rank: 29.029
Below Average

FVD ranks above 29.0% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

FVD Sharpe Ratio Market Positioning

The chart shows FVD's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.83 or lower
  • Yellow zone (middle 50%): 0.83 to 2.16
  • Green zone (top 25%): 2.16 or higher
  • Top 1%: 7.05+
  • Median: 1.57 — half of all investments score higher

How it compares to other similar ETFs

The table compares First Trust Value Line Dividend Index Fund's Sharpe Ratio with other ETFs in the Mid Cap Value Equities, Dividend category across multiple time periods, showing how FVD's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 24, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
LVHIFranklin International Low Volatility High Dividend Index ETF3.34
INCEFranklin Income Equity Focus ETF2.85
DEWWisdomTree Global High Dividend Fund2.64
ALTYGlobal X Alternative Income ETF2.55
EQRRProShares Equities for Rising Rates ETF2.52
DVYAiShares Asia/Pacific Dividend ETF2.50
XUDVFranklin U.S. Dividend Booster Index ETF2.48
DJDInvesco Dow Jones Industrial Average Dividend ETF2.42
DLNWisdomTree U.S. LargeCap Dividend Fund2.39
IQDYFlexShares International Quality Dividend Dynamic Index Fund2.39
FVDFirst Trust Value Line Dividend Index Fund1.01

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows FVD's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when FVD consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does FVD fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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