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DLN vs FDL: Differences, Returns & Fees

DLN and FDL hold 14% of their weight in the same names, and FDL returned +20.6% over the year. Net assets: $6.1bn on Jun 30, 2026 for WisdomTree U.S. LargeCap Dividend Fund, and $7.7bn on Oct 9, 2026 for First Trust Morningstar ETF.

DLN costs 0.15 points a year less; their one-year returns differ by 4.1 points; FDL is 1.2 times larger.

DLN vs FDL: Differences, Returns & Fees
DLNFDL
Expense ratio0.28%0.43%
Net assets, as of Jun 30, 2026$6.1bn$7.3bn
Total return, 1 year+16.5%+20.6%
What it tracksWisdomTree U.S. LargeCap Dividend IndexMorningstar Dividend Leaders Index
Holdings in common14%
Top ten holdings, share of the fund23.4%50.4%
Below its high5.9%, high on Aug 24, 2026

Holdings in common uses holdings dated Jun 30, 2026 and Oct 9, 2026.

+16.5%
DLN total return, 1 year
+20.6%
FDL total return, 1 year
0.28%
DLN expense ratio
0.43%
FDL expense ratio

What they hold in common

By the books each fund has filed, DLN and FDL hold 14% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Oct 9, 2026.

half

14% in common

Positions both hold, largest shared weight first
Holding DLN FDL
CHEVRON CORP 1.47% 9.08%
PHILIP MORRIS INTERNATIONAL INC 1.43% 6.77%
VERIZON COMMUNICATIONS INC 1.04% 6.56%
PEPSICO INC 0.94% 4.97%
PFIZER INC 0.79% 6.55%
ALTRIA GROUP INC 0.70% 4.95%
BRISTOL-MYERS SQUIBB COMPANY 0.64% 3.06%
DUKE ENERGY CORP 0.59% 2.20%
US BANCORP 0.50% 1.96%
COMCAST CORP 0.50% 2.45%
SOUTHERN COMPANY (THE) 0.46% 2.30%
KINDER MORGAN INC 0.39% 1.63%
Only in DLN
MICROSOFT CORP 3.69%
NVIDIA CORP 3.58%
JP MORGAN CHASE & COMPANY 2.88%
APPLE INC 2.18%
BROADCOM INC 2.18%
JOHNSON & JOHNSON 2.03%
EXXONMOBIL HOLDINGS CORP 1.85%
META PLATFORMS INC 1.79%
Only in FDL
United Parcel Service, Inc. (Class B) 3.04%
Accenture plc 3.00%
Medtronic Plc 2.33%
ONEOK, Inc. 1.70%
Mondelez International, Inc. 1.69%
Paychex, Inc. 0.87%
Amcor plc 0.74%
HP Inc. 0.68%

Check overlap with more funds →

On the same fields

DLN
WisdomTree U.S. LargeCap Dividend Fund
FDL
First Trust Morningstar ETF
Where it sits Stock ETF Stock ETF
Issuer WisdomTree First Trust
What it is Tracks an index Tracks an index
Total return, 1 year +16.5% +20.6%
Expense ratio 0.28% 0.43%
Already in the S&P 500 99.3% 93.3%
Holdings 309 100
Net assets, DLN as of Jun 30, 2026 and FDL as of Oct 9, 2026 $6.1bn $7.7bn

DLN and FDL on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About DLN

DLN tracks an index. Over the year to Oct 9, 2026 it returned +16.5% with distributions reinvested. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jun 30, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 309 positions, with the top ten at 23.4%.

About FDL

FDL tracks an index. Over the year to Oct 9, 2026 it returned +20.6% with distributions reinvested. The prospectus expense ratio is 0.43% a year. By its holdings published by its issuer for Oct 9, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 100 positions, with the top ten at 50.4%. It sat 5.9% below its high of Aug 24, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, DLN or FDL?
In the year to Oct 9, 2026, with distributions reinvested, DLN returned +16.5% and FDL +20.6%.
Which is cheaper, DLN or FDL?
DLN is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DLN and FDL overlap with the S&P 500?
By their latest filed holdings, 99% of DLN and 93% of FDL by weight is stocks the S&P 500 already holds.
Other comparisons
DLN vs FTCSDLN vs PRFDLN vs SCHDDLN vs VTVFDL vs JVALFDL vs VOOVFDL vs SPLVFDL vs SPYD
DLN on its own →FDL on its own →Hold both: look the portfolio through →Rankings →Standards and sources →
Where these figures came from
DLN filings on SEC EDGAR ↗DLN prospectus with the expense ratio (SEC) ↗WisdomTree website ↗FDL filings on SEC EDGAR ↗FDL prospectus with the expense ratio (SEC) ↗First Trust page for FDL ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, DLN against FDL, data as of Oct 9, 2026. https://etfiq.com/compare/any/dln-vs-fdl

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.