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

In the year to Oct 28, 2026, with distributions reinvested, FDL returned +26.0% and IJJ +12.9%.

Which is cheaper, FDL or IJJ?

IJJ is cheaper, by 0.25 percentage points a year. That is about $25 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 93% of FDL and 0% of IJJ by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

FDL vs IJJ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FDL returned +26.0% to IJJ's +12.9%; 4% 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 $8.6bn for iShares S&P Mid-Cap 400 Value ETF.

FDL on its own →IJJ on its own →

At a glance

+26.0%

FDL total return, 1 year

+12.9%

IJJ total return, 1 year

0.43%

FDL expense ratio

0.18%

IJJ expense ratio

Pair scorecard

IJJ costs 0.25 points a year less; their one-year returns differ by 13.1 points.

FDL vs IJJ: Differences, Returns & Fees
Measure	FDL	IJJ
Return
Measure	FDL	IJJ
Total return, 1 year	+26.0%	+12.9%
Drawdown
Measure	FDL	IJJ
Below its high		4.7%, high on Aug 14, 2026
Benchmark
Measure	FDL	IJJ
What it tracks	Morningstar Dividend Leaders Index	S&P MidCap 400 Value Index
Cost and size
Measure	FDL	IJJ
Expense ratio	0.43%	0.18%
Net assets, as of Oct 27, 2026	$8.2bn	$8.6bn
Holdings
Measure	FDL	IJJ
Holdings in common	4%
Top ten holdings, share of the fund	50.6%	11.1%

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 IJJ

Return

Total return edge FDL (slight) +488.5% +453.9%

Annualized edge FDL (slight) +9.0% +8.6%

Price return edge IJJ +157.9% +276.1%

Risk

Volatility edge FDL 18.5% 21.7%

Max drawdown edge IJJ −65.7% −57.4%

Risk-adjusted

Sharpe edge FDL 0.46 0.41

Sortino edge FDL 0.66 0.58

Calmar edge IJJ (slight) 0.14 0.15

Reading

FDL returned slightly more: +488.5% to +453.9%. FDL swung less: 18.5% to 21.7%. IJJ fell less at its worst: −57.4% to −65.7%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: FDL vs IJJ: Differences, Returns & Fees
Measure	FDL	IJJ	Edge	How it is measured
Return
Total return	+488.5%	+453.9%	FDL (slight)	Price change plus distributions, reinvested.
Annualized	+9.0%	+8.6%	FDL (slight)	Total return as a yearly rate.
Price return	+157.9%	+276.1%	IJJ	Price change alone, distributions left out.
Risk
Volatility	18.5%	21.7%	FDL	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	13.0%	15.4%	FDL	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−65.7%	−57.4%	IJJ	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.46	0.41	FDL	Return above Treasury bills per unit of volatility.
Sortino	0.66	0.58	FDL	Return above Treasury bills per unit of downside deviation.
Calmar	0.14	0.15	IJJ (slight)	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

By the books each fund has filed, FDL and IJJ hold 4% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

4% in common

Positions both hold · largest shared weight first FDL IJJ

Fidelity National Financial, Inc. 0.29% 0.58%

Essential Utilities, Inc. 0.27% 0.71%

Columbia Banking System, Inc. 0.26% 0.52%

OGE Energy Corp. 0.23% 0.60%

UGI Corporation 0.21% 0.50%

Chord Energy Corporation 0.19% 0.49%

Old Republic International Corporation 0.17% 0.24%

Albertsons Companies, Inc. (Class A) 0.16% 0.27%

Prosperity Bancshares, Inc. 0.16% 0.49%

Black Hills Corporation 0.15% 0.37%

Portland General Electric Company 0.15% 0.31%

Murphy Oil Corporation 0.14% 0.34%

Only in one fund ↓

Only in FDL

Chevron Corporation 9.28%

Verizon Communications Inc. 6.58%

Pfizer Inc. 6.55%

Philip Morris International Inc. 6.48%

PepsiCo, Inc. 5.00%

Altria Group, Inc. 4.82%

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

Accenture plc 3.20%

Only in IJJ

US FOODS HOLDING 1.31%

RELIANCE STEEL & ALUMINUM 1.30%

PERMIAN RESOURCES CLASS A 1.26%

TD SYNNEX 1.20%

OVINTIV 1.16%

HF SINCLAIR 1.04%

REINSURANCE GROUP OF AMERICA 1.01%

WESCO INTERNATIONAL 0.97%

Check overlap with more funds →

Side by side

FDL First Trust Morningstar ETF IJJ iShares S&P Mid-Cap 400 Value ETF

Where it sits Stock ETF Stock ETF

Issuer First Trust iShares

What it is Tracks an index Tracks an index

Total return, 1 year +26.0% +12.9%

Its benchmark over the same days not measured +12.9% (MDYV)

Gap to its benchmark not measured 0.0 pts vs MDYV

Expense ratio 0.43% 0.18%

Already in the S&P 500 93.3% 0.0%

Holdings 100 303

Net assets, as of Oct 27, 2026 $8.2bn $8.6bn

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

Client brief · page 1 of 2 Report BR-B8274A962A

FDL and IJJ 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 IJJ follows S&P MidCap 400 Value Index.
Holdings in common. 4% 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 IJJ +12.9% with distributions reinvested, a gap of 13.1 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%.

IJJ

IJJ tracks an index. Over the year to Oct 28, 2026 it returned +12.9% with distributions reinvested, against +12.9% for its benchmark, the S&P MidCap 400 Value Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 303 positions, with the top ten at 11.1%. It sat 4.7% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FDL or IJJ?: In the year to Oct 28, 2026, with distributions reinvested, FDL returned +26.0% and IJJ +12.9%.
Which is cheaper, FDL or IJJ?: IJJ is cheaper, by 0.25 percentage points a year. That is about $25 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FDL and IJJ overlap with the S&P 500?: By their latest filed holdings, 93% of FDL and 0% of IJJ by weight is stocks the S&P 500 already holds.

Other comparisons

FDL vs MDYV FDL vs RPV FDL vs PKW FDL vs REGL IJJ vs RSPA IJJ vs IVOV IJJ vs PEY IJJ vs VFMF

Where to next

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

Sources and dates

FDL filings on SEC EDGAR ↗

FDL prospectus with the expense ratio (SEC) ↗

First Trust page for FDL ↗

IJJ filings on SEC EDGAR ↗

IJJ prospectus with the expense ratio (SEC) ↗

iShares page for IJJ ↗

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 IJJ, data as of Oct 28, 2026. https://etfiq.com/compare/any/fdl-vs-ijj

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