Which returned more over the last year, FDL or FVD?

In the year to Oct 28, 2026, with distributions reinvested, FDL returned +26.0% and FVD +11.5%.

Which is cheaper, FDL or FVD?

FDL is cheaper, by 0.19 percentage points a year. That is about $19 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do FDL and FVD overlap with the S&P 500?

By their latest filed holdings, 93% of FDL and 63% of FVD by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

FDL vs FVD: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FDL returned +26.0% to FVD's +11.5%; 15% of their weight is in the same names.

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Net assets on Oct 27, 2026: $8.2bn for First Trust Morningstar ETF and $8.0bn for First Trust Value Line Dividend Index Fund.

FDL on its own →FVD on its own →

At a glance

+26.0%

FDL total return, 1 year

+11.5%

FVD total return, 1 year

0.43%

FDL expense ratio

0.62%

FVD expense ratio

Pair scorecard

FDL costs 0.19 points a year less; their one-year returns differ by 14.5 points.

FDL vs FVD: Differences, Returns & Fees
Measure	FDL	FVD
Return
Measure	FDL	FVD
Total return, 1 year	+26.0%	+11.5%
Benchmark
Measure	FDL	FVD
What it tracks	Morningstar Dividend Leaders Index	Value Line Dividend Index
Cost and size
Measure	FDL	FVD
Expense ratio	0.43%	0.62%
Net assets, as of Oct 27, 2026	$8.2bn	$8.0bn
Holdings
Measure	FDL	FVD
Holdings in common	15%
Top ten holdings, share of the fund	50.6%	4.7%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Mar 24, 2006 to Oct 23, 2026 · 1,074 weekly returns

FDL FVD

Return

Total return edge FVD (slight) +488.5% +531.1%

Annualized edge FVD (slight) +9.0% +9.3%

Price return edge FVD +157.9% +239.1%

Risk

Volatility edge FVD 18.5% 16.1%

Max drawdown edge FVD −65.7% −50.1%

Risk-adjusted

Sharpe edge FVD 0.46 0.53

Sortino edge FVD 0.66 0.74

Calmar edge FVD 0.14 0.19

Reading

FVD returned slightly more: +531.1% to +488.5%. FVD swung less: 16.1% to 18.5%. FVD fell less at its worst: −50.1% to −65.7%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: FDL vs FVD: Differences, Returns & Fees
Measure	FDL	FVD	Edge	How it is measured
Return
Total return	+488.5%	+531.1%	FVD (slight)	Price change plus distributions, reinvested.
Annualized	+9.0%	+9.3%	FVD (slight)	Total return as a yearly rate.
Price return	+157.9%	+239.1%	FVD	Price change alone, distributions left out.
Risk
Volatility	18.5%	16.1%	FVD	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	13.0%	11.4%	FVD	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−65.7%	−50.1%	FVD	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.46	0.53	FVD	Return above Treasury bills per unit of volatility.
Sortino	0.66	0.74	FVD	Return above Treasury bills per unit of downside deviation.
Calmar	0.14	0.19	FVD	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,074 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

15%

By the books each fund has filed, FDL and FVD hold 15% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

15% in common

Positions both hold · largest shared weight first FDL FVD

Accenture plc 3.20% 0.51%

Chevron Corporation 9.28% 0.45%

Consolidated Edison, Inc. 0.90% 0.45%

Kimberly-Clark Corporation 1.13% 0.45%

Amcor plc 0.78% 0.44%

The Southern Company 2.35% 0.44%

Altria Group, Inc. 4.82% 0.43%

Duke Energy Corporation 2.24% 0.43%

Exelon Corporation 1.12% 0.43%

Kinder Morgan, Inc. 1.61% 0.43%

Pfizer Inc. 6.55% 0.43%

Philip Morris International Inc. 6.48% 0.43%

Only in one fund ↓

Only in FDL

United Parcel Service, Inc. (Class B) 3.24%

Blackstone Inc. 2.11%

ONEOK, Inc. 1.72%

Truist Financial Corporation 1.52%

Target Corporation 1.21%

NIKE, Inc. (Class B) 1.20%

Edison International 0.85%

HP Inc. 0.72%

Only in FVD

Cboe Global Markets, Inc. 0.48%

Lockheed Martin Corporation 0.47%

Amgen Inc. 0.46%

CSX Corporation 0.46%

ExxonMobil Holdings Corp. 0.46%

Keurig Dr Pepper Inc. 0.46%

Waste Management, Inc. 0.46%

Cognizant Technology Solutions Corporation 0.45%

Check overlap with more funds →

Side by side

FDL First Trust Morningstar ETF FVD First Trust Value Line Dividend Index Fund

Where it sits Stock ETF Stock ETF

Issuer First Trust First Trust

What it is Tracks an index Tracks an index

Total return, 1 year +26.0% +11.5%

Expense ratio 0.43% 0.62%

Already in the S&P 500 93.3% 62.7%

Holdings 100 239

Net assets, as of Oct 27, 2026 $8.2bn $8.0bn

FDL and FVD on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-1CD9B0C200

FDL and FVD are built for the same job. How do they differ in cost, holdings and results?

What each follows. FDL follows Morningstar Dividend Leaders Index and FVD follows Value Line Dividend Index.
Holdings in common. 15% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 FDL returned +26.0% and FVD +11.5% with distributions reinvested, a gap of 14.5 points.

Data as of Oct 28, 2026.

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About each fund

FDL

FDL tracks an index. Over the year to Oct 28, 2026 it returned +26.0% with distributions reinvested. The prospectus expense ratio is 0.43% a year. By its holdings published by its issuer for Oct 27, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 100 positions, with the top ten at 50.6%.

FVD

FVD tracks an index. Over the year to Oct 28, 2026 it returned +11.5% with distributions reinvested. The prospectus expense ratio is 0.62% a year. By its holdings published by its issuer for Oct 27, 2026, 63% of the fund by weight is stocks the S&P 500 also holds, across 239 positions, with the top ten at 4.7%.

Questions people ask

Which returned more over the last year, FDL or FVD?: In the year to Oct 28, 2026, with distributions reinvested, FDL returned +26.0% and FVD +11.5%.
Which is cheaper, FDL or FVD?: FDL is cheaper, by 0.19 percentage points a year. That is about $19 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FDL and FVD overlap with the S&P 500?: By their latest filed holdings, 93% of FDL and 63% of FVD by weight is stocks the S&P 500 already holds.

Other comparisons

FDL vs FTCS FDL vs WTV FDL vs SDY FDL vs VOE FVD vs IVOV FVD vs FXO FTXR vs FVD FVD vs IJJ

Where to next

FDL on its own →FVD on its own →Hold both: look the portfolio through →Rankings →FDL dividend history →FDL holdings →FVD dividend history →FVD holdings →Standards and sources →

Sources and dates

FDL and FVD filings on SEC EDGAR ↗

FDL and FVD prospectus with the expense ratio (SEC) ↗

First Trust page for FDL ↗

First Trust page for FVD ↗

Links are sources, not endorsements. 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, FDL against FVD, data as of Oct 28, 2026. https://etfiq.com/compare/any/fdl-vs-fvd

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