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FDL vs IVE: Differences, Returns & Fees

FDL and IVE hold 11% of their weight in the same names, and FDL returned +20.6% over the year. Net assets on Oct 9, 2026: $7.7bn for First Trust Morningstar ETF and $49.3bn for iShares S&P 500 Value ETF.

IVE costs 0.25 points a year less; their one-year returns differ by 6.2 points; IVE is 6.4 times larger.

FDL vs IVE: Differences, Returns & Fees
FDLIVE
Expense ratio0.43%0.18%
Net assets$7.7bn$49.3bn
Total return, 1 year+20.6%+14.4%
What it tracksMorningstar Dividend Leaders IndexS&P 500 Value Index
Holdings in common11%
Top ten holdings, share of the fund50.4%24.7%
Below its high5.9%, high on Aug 24, 2026

Holdings in common uses holdings dated Oct 9, 2026.

+20.6%
FDL total return, 1 year
+14.4%
IVE total return, 1 year
0.43%
FDL expense ratio
0.18%
IVE expense ratio

What they hold in common

By the books each fund has filed, FDL and IVE hold 11% 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 Oct 9, 2026.

half

11% in common

Positions both hold, largest shared weight first
Holding FDL IVE
Chevron Corporation 9.08% 1.41%
PepsiCo, Inc. 4.97% 0.58%
Verizon Communications Inc. 6.56% 0.58%
Pfizer Inc. 6.55% 0.54%
Philip Morris International Inc. 6.77% 0.46%
Accenture plc 3.00% 0.43%
Bristol-Myers Squibb Company 3.06% 0.41%
Altria Group, Inc. 4.95% 0.40%
Medtronic Plc 2.33% 0.38%
The Southern Company 2.30% 0.33%
Duke Energy Corporation 2.20% 0.31%
U.S. Bancorp 1.96% 0.30%
Only in FDL
Fidelity National Financial, Inc. 0.30%
OneMain Holdings, Inc. 0.28%
Essential Utilities, Inc. 0.26%
Columbia Banking System, Inc. 0.25%
OGE Energy Corp. 0.23%
Eastman Chemical Company 0.22%
UGI Corporation 0.21%
Conagra Brands, Inc. 0.19%
Only in IVE
APPLE 8.28%
AMAZON.COM INC 4.08%
EXXONMOBIL HOLDINGS CORP 2.34%
INTEL CORPORATION 1.75%
WALMART 1.67%
COSTCO WHOLESALE CORP 1.41%
TESLA INC 1.38%
MERCK & CO INC 1.21%

Check overlap with more funds →

On the same fields

FDL
First Trust Morningstar ETF
IVE
iShares S&P 500 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 +20.6% +14.4%
Its benchmark over the same days not published +14.5% (SPYV)
Gap to its benchmark not available −0.1 pts vs SPYV
Expense ratio 0.43% 0.18%
Already in the S&P 500 93.3% 99.8%
Holdings 100 437
Net assets $7.7bn $49.3bn

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

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.

About IVE

IVE tracks an index. Over the year to Oct 9, 2026 it returned +14.4% with distributions reinvested, against +14.5% for its benchmark, the S&P 500 Value Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 9, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 437 positions, with the top ten at 24.7%.

Questions people ask

Which returned more over the last year, FDL or IVE?
In the year to Oct 9, 2026, with distributions reinvested, FDL returned +20.6% and IVE +14.4%.
Which is cheaper, FDL or IVE?
IVE 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 IVE overlap with the S&P 500?
By their latest filed holdings, 93% of FDL and 100% of IVE by weight is stocks the S&P 500 already holds.
Other comparisons
FDL vs VYMFDL vs IWDFDL vs SCHDFDL vs VTVFTCS vs IVEIVE vs JAVAIVE vs SPYDIVE vs SPLV
FDL on its own →IVE on its own →Hold both: look the portfolio through →Rankings →Standards and sources →
Where these figures came from
FDL filings on SEC EDGAR ↗FDL prospectus with the expense ratio (SEC) ↗First Trust page for FDL ↗IVE filings on SEC EDGAR ↗IVE prospectus with the expense ratio (SEC) ↗iShares page for IVE ↗

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

Open data

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