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

In the year to Oct 9, 2026, with distributions reinvested, FVD returned +6.6% and IMCV +20.8%.

Which is cheaper, FVD or IMCV?

IMCV is cheaper, by 0.56 percentage points a year. On $10,000 held for a year that difference is about $56. Fees come from each fund's prospectus.

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

By their latest filed holdings, 63% of FVD and 92% of IMCV by weight is stocks the S&P 500 already holds.

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FVD vs IMCV: how they differ

FVD and IMCV hold 27% of their weight in the same names, and IMCV returned +20.8% over the year. First Trust Value Line Dividend Index Fund and iShares Morningstar Mid-Cap Value ETF.

IMCV costs 0.56 points a year less; their one-year returns differ by 14.2 points; FVD is 6.7 times larger.

	FVD	IMCV
Expense ratio	0.62%	0.06%
Net assets	$7.6bn	$1.1bn
Total return, 1 year	+6.6%	+20.8%
Holdings in common	27%
Nasdaq-100, total return, 1 year	+23.6%
Top ten holdings, share of the fund	4.5%	13.6%
Below its high	6.1%, high on Aug 24, 2026	3.7%, 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

+20.8%

IMCV total return, 1 year

0.62%

FVD expense ratio

0.06%

IMCV expense ratio

What they hold in common

By the books each fund has filed, FVD and IMCV hold 27% 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

27% in common

Positions both hold, largest shared weight first

Holding FVD IMCV

Emerson Electric Co. 0.45% 0.50%

American International Group, Inc. 0.44% 0.55%

Keurig Dr Pepper Inc. 0.44% 0.61%

American Electric Power Company, Inc. 0.43% 0.56%

Becton, Dickinson and Company 0.43% 0.72%

Colgate-Palmolive Company 0.43% 0.67%

Consolidated Edison, Inc. 0.43% 0.56%

Kinder Morgan, Inc. 0.43% 0.92%

Marsh & McLennan Companies, Inc. 0.43% 0.76%

MetLife, Inc. 0.43% 0.76%

Norfolk Southern Corporation 0.43% 0.57%

The Williams Companies, Inc. 0.43% 0.73%

Only in FVD

Accenture plc 0.47%

Cboe Global Markets, Inc. 0.47%

Amgen Inc. 0.45%

Black Hills Corporation 0.45%

Cisco Systems, Inc. 0.45%

ExxonMobil Holdings Corp. 0.45%

Linde Plc 0.45%

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

Only in IMCV

VALERO ENERGY CORP 1.84%

PHILLIPS 66 1.62%

HEWLETT PACKARD ENTERPRISE 1.36%

3M 1.22%

ELEVANCE HEALTH INC 1.21%

EOG RESOURCES 1.12%

REGENERON PHARMACEUTICALS 1.05%

SLB 1.05%

Check overlap with more funds →

On the same fields

FVD

First Trust Value Line Dividend Index Fund

IMCV

iShares Morningstar Mid-Cap 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% +20.8%

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

Gap to the S&P 500 −10.7 pts +3.6 pts

Expense ratio 0.62% 0.06%

Already in the S&P 500 62.7% 92.3%

Holdings 239 270

Net assets $7.6bn $1.1bn

FVD and IMCV 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.

IMCV in plain words

IMCV tracks an index. Over the year to Oct 9, 2026 it returned +20.8% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer for Oct 8, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 270 positions, with the top ten at 13.6%. It sat 3.7% below its high of Aug 24, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, FVD or IMCV?: In the year to Oct 9, 2026, with distributions reinvested, FVD returned +6.6% and IMCV +20.8%.
Which is cheaper, FVD or IMCV?: IMCV is cheaper, by 0.56 percentage points a year. On $10,000 held for a year that difference is about $56. Fees come from each fund's prospectus.
How much do FVD and IMCV overlap with the S&P 500?: By their latest filed holdings, 63% of FVD and 92% of IMCV by weight is stocks the S&P 500 already holds.

Other comparisons

FVD vs IVOV FVD vs PEY FVD vs FXO FTXR vs FVD FXO vs IMCV FTXR vs IMCV IMCV vs VFLO IJJ vs IMCV

FVD on its own →IMCV 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 ↗IMCV filings on SEC EDGAR ↗IMCV prospectus with the expense ratio (SEC) ↗iShares page for IMCV ↗

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 IMCV, data as of Oct 9, 2026. https://etfiq.com/compare/any/fvd-vs-imcv

Open data

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