LVDS vs. FDL

Last updated Jun 5, 2026

LVDS (JPMorgan Fundamental Data Science Large Value ETF) and FDL (First Trust Morningstar Dividend Leaders Index Fund) are both Large Cap Value Equities funds. LVDS is actively managed, while FDL is passively managed. A 0.56 correlation means they provide meaningful diversification when combined. LVDS charges 0.30%/yr vs 0.45%/yr for FDL.

Performance

LVDS vs. FDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Fundamental Data Science Large Value ETF (LVDS) and First Trust Morningstar Dividend Leaders Index Fund (FDL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with LVDS having a 14.33% return and FDL slightly lower at 14.21%.

LVDS

• 1D: 0.68%
• 1M: 3.71%
• YTD: 14.33%
• 6M: 15.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FDL

• 1D: 0.78%
• 1M: 0.32%
• YTD: 14.21%
• 6M: 15.52%
• 1Y: 25.50%
• 3Y*: 19.57%
• 5Y*: 12.69%
• 10Y*: 11.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LVDS vs. FDL - Yearly Performance Comparison

	2026 (YTD)	2025
LVDS JPMorgan Fundamental Data Science Large Value ETF	14.33%	7.24%
FDL First Trust Morningstar Dividend Leaders Index Fund	14.21%	5.15%

Correlation

The correlation between LVDS and FDL is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025	0.56

LVDS vs. FDL - Sectors Allocation Comparison

Sectors	LVDS	FDL
Financial Services	18.3%	15.1%
Technology	15.9%	1.1%
Industrials	10.2%	3.8%
Healthcare	8.6%	16.8%
Consumer Cyclical	8.0%	3.8%
Communication Services	7.5%	10.6%
Energy	6.6%	27.3%
Consumer Defensive	6.5%	14.7%
Utilities	4.8%	6.5%
Real Estate	4.2%	-
Basic Materials	1.7%	0.3%

Return for Risk

LVDS vs. FDL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDL

FDL Risk / Return Rank: 77
FDL Sharpe Ratio Rank: 70
FDL Sortino Ratio Rank: 79
FDL Omega Ratio Rank: 67
FDL Calmar Ratio Rank: 92
FDL Martin Ratio Rank: 77

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.

LVDS vs. FDL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Fundamental Data Science Large Value ETF (LVDS) and First Trust Morningstar Dividend Leaders Index Fund (FDL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	LVDS	FDL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.27	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.89	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.47	0.45	+2.01

Drawdowns

LVDS vs. FDL - Drawdown Comparison

The maximum LVDS drawdown since its inception was -6.64%, smaller than the maximum FDL drawdown of -65.93%. Use the drawdown chart below to compare losses from any high point for LVDS and FDL.

Drawdown Indicators

	LVDS	FDL	Difference
Max Drawdown Largest peak-to-trough decline	-6.64%	-65.93%	+59.29%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.27%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.24%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-41.40%	—
Current Drawdown Current decline from peak	0.00%	-1.41%	+1.41%
Average Drawdown Average peak-to-trough decline	-0.97%	-9.66%	+8.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.75%	—

Volatility

Volatility by Period

	LVDS	FDL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.42%	11.30%	-0.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.42%	14.31%	-3.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.42%	17.11%	-6.69%

LVDS vs. FDL - Expense Ratio Comparison

LVDS has a 0.30% expense ratio, which is lower than FDL's 0.45% expense ratio.

Dividends

LVDS vs. FDL - Dividend Comparison

LVDS's dividend yield for the trailing twelve months is around 7.51%, more than FDL's 3.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDL First Trust Morningstar Dividend Leaders Index Fund	3.65%	4.04%	4.96%	4.58%	3.58%	4.59%	4.48%	3.75%	3.97%	3.18%	2.93%	3.65%
LVDS JPMorgan Fundamental Data Science Large Value ETF	7.51%	8.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LVDS and FDL in my portfolio?

LVDS and FDL have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LVDS or FDL?

On fees, LVDS is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LVDS or FDL?

LVDS is cheaper with a 0.30% expense ratio, compared with 0.45% for FDL.

Which ETF pays a higher dividend yield, LVDS or FDL?

LVDS has the higher dividend yield at 7.51%, compared with 3.65% for FDL.

What is the main difference between LVDS and FDL?

They also come from different issuers: JPMorgan and First Trust. Their fees differ too: 0.30% for LVDS and 0.45% for FDL.