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

In the year to Oct 9, 2026, with distributions reinvested, FVD returned +6.6% and ILCV +22.0%.

Which is cheaper, FVD or ILCV?

ILCV is cheaper, by 0.58 percentage points a year. On $10,000 held for a year that difference is about $58. Fees come from each fund's prospectus.

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

By their latest filed holdings, 63% of FVD and 96% of ILCV by weight is stocks the S&P 500 already holds.

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FVD vs ILCV: how they differ

FVD and ILCV hold 23% of their weight in the same names, and ILCV returned +22.0% over the year. First Trust Value Line Dividend Index Fund and iShares Morningstar Value ETF.

ILCV costs 0.58 points a year less; their one-year returns differ by 15.4 points; FVD is 5.6 times larger.

	FVD	ILCV
Expense ratio	0.62%	0.04%
Net assets	$7.6bn	$1.4bn
Total return, 1 year	+6.6%	+22.0%
Holdings in common	23%
Nasdaq-100, total return, 1 year	+23.6%
Top ten holdings, share of the fund	4.5%	35.8%
Below its high	6.1%, high on Aug 24, 2026

Holdings in common uses holdings dated Oct 8, 2026 and Oct 9, 2026.

+6.6%

FVD total return, 1 year

+22.0%

ILCV total return, 1 year

0.62%

FVD expense ratio

0.04%

ILCV expense ratio

What they hold in common

By the books each fund has filed, FVD and ILCV hold 23% 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 8, 2026 and Oct 9, 2026.

50%

half

23% in common

Positions both hold, largest shared weight first

Holding FVD ILCV

Amgen Inc. 0.45% 0.64%

Cisco Systems, Inc. 0.45% 1.32%

ExxonMobil Holdings Corp. 0.45% 2.02%

Linde Plc 0.45% 0.65%

Philip Morris International Inc. 0.45% 0.91%

AbbVie Inc. 0.44% 1.40%

Chevron Corporation 0.44% 1.15%

The Procter & Gamble Company 0.44% 1.02%

Union Pacific Corporation 0.44% 0.48%

Pfizer Inc. 0.43% 0.46%

The Coca-Cola Company 0.43% 1.00%

BlackRock, Inc. 0.42% 0.43%

Only in FVD

Cboe Global Markets, Inc. 0.47%

Black Hills Corporation 0.45%

MSC Industrial Direct Co., Inc. (Class A) 0.45%

NorthWestern Energy Group, Inc. 0.45%

Pinnacle West Capital Corporation 0.45%

Shell plc (ADR) 0.45%

Coca-Cola European Partners Plc 0.44%

Ecolab Inc. 0.44%

Only in ILCV

MICROSOFT 8.53%

APPLE 7.23%

AMAZON.COM INC 3.29%

META PLATFORMS CLASS A 2.95%

BERKSHIRE HATHAWAY INC CLASS B 2.75%

ALPHABET CLASS A 2.56%

ALPHABET CLASS C 2.06%

MICRON TECHNOLOGY 1.54%

Check overlap with more funds →

On the same fields

FVD

First Trust Value Line Dividend Index Fund

ILCV

iShares Morningstar 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 +6.6% +22.0%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 −10.7 pts +4.8 pts

Expense ratio 0.62% 0.04%

Already in the S&P 500 62.7% 96.0%

Holdings 239 374

Net assets $7.6bn $1.4bn

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

FVD in plain words

FVD tracks an index. Over the year to Oct 9, 2026 it returned +6.6% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.62% a year. By its holdings published by its issuer for Oct 9, 2026, 63% of the fund by weight is stocks the S&P 500 also holds, across 239 positions, with the top ten at 4.5%. It sat 6.1% below its high of Aug 24, 2026 on Oct 9, 2026.

ILCV in plain words

ILCV tracks an index. Over the year to Oct 9, 2026 it returned +22.0% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer for Oct 8, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 374 positions, with the top ten at 35.8%.

Questions people ask

Which returned more over the last year, FVD or ILCV?: In the year to Oct 9, 2026, with distributions reinvested, FVD returned +6.6% and ILCV +22.0%.
Which is cheaper, FVD or ILCV?: ILCV is cheaper, by 0.58 percentage points a year. On $10,000 held for a year that difference is about $58. Fees come from each fund's prospectus.
How much do FVD and ILCV overlap with the S&P 500?: By their latest filed holdings, 63% of FVD and 96% of ILCV by weight is stocks the S&P 500 already holds.

Other comparisons

FVD vs SDOG FVD vs RWK FVD vs SMIG FVD vs RSPA FTXR vs ILCV ILCV vs VFLO IJJ vs ILCV ILCV vs NOBL

FVD on its own →ILCV on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

FVD filings on SEC EDGAR ↗FVD prospectus with the expense ratio (SEC) ↗First Trust page for FVD ↗ILCV filings on SEC EDGAR ↗ILCV prospectus with the expense ratio (SEC) ↗iShares page for ILCV ↗

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

How this is computed

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Cite this page

ETFIQ, FVD against ILCV, data as of Oct 9, 2026. https://etfiq.com/compare/any/fvd-vs-ilcv

Open data

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