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

In the year to Oct 9, 2026, with distributions reinvested, FVD returned +6.6% and PEY +14.8%.

Which is cheaper, FVD or PEY?

FVD is cheaper, by 0.06 percentage points a year. On $10,000 held for a year that difference is about $6. Fees come from each fund's prospectus.

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

By their latest filed holdings, 63% of FVD and 51% of PEY by weight is stocks the S&P 500 already holds.

Share on X Download as PDF Compare their flows Ask about these two funds

FVD vs PEY: how they differ

FVD and PEY hold 8% of their weight in the same names, and PEY returned +14.8% over the year. First Trust Value Line Dividend Index Fund and Invesco High Yield Equity Dividend Achievers ETF.

FVD costs 0.06 points a year less; their one-year returns differ by 8.2 points; FVD is 7.1 times larger.

	FVD	PEY
Expense ratio	0.62%	0.68%
Net assets	$7.6bn	$1.1bn
Total return, 1 year	+6.6%	+14.8%
Holdings in common	8%
Nasdaq-100, total return, 1 year	+23.6%
Top ten holdings, share of the fund	4.5%	29.6%
Below its high	6.1%, high on Aug 24, 2026	8.8%, high on Aug 26, 2026

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

+6.6%

FVD total return, 1 year

+14.8%

PEY total return, 1 year

0.62%

FVD expense ratio

0.68%

PEY expense ratio

What they hold in common

By the books each fund has filed, FVD and PEY hold 8% 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

8% in common

Positions both hold, largest shared weight first

Holding FVD PEY

Black Hills Corporation 0.45% 1.96%

Pinnacle West Capital Corporation 0.45% 1.77%

Altria Group, Inc. 0.44% 3.09%

Chevron Corporation 0.44% 1.66%

Pfizer Inc. 0.43% 2.79%

Avista Corporation 0.42% 2.39%

Kimberly-Clark Corporation 0.42% 2.02%

Northwest Natural Holding Company 0.42% 1.85%

T. Rowe Price Group, Inc. 0.42% 2.05%

The J.M. Smucker Company 0.42% 1.45%

Eversource Energy 0.41% 1.95%

Portland General Electric Company 0.41% 1.93%

Only in FVD

Accenture plc 0.47%

Cboe Global Markets, Inc. 0.47%

Amgen Inc. 0.45%

Cisco Systems, Inc. 0.45%

Emerson Electric Co. 0.45%

ExxonMobil Holdings Corp. 0.45%

Linde Plc 0.45%

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

Only in PEY

Perrigo Co PLC 3.71%

Flowers Foods Inc 3.67%

Universal Corp/VA 3.25%

Edison International 3.10%

United Parcel Service Inc 2.69%

Best Buy Co Inc 2.49%

Main Street Capital Corp 2.32%

LyondellBasell Industries NV 2.32%

Check overlap with more funds →

On the same fields

FVD

First Trust Value Line Dividend Index Fund

PEY

Invesco High Yield Equity Dividend Achievers ETF

Where it sits Stock ETF Stock ETF

Issuer First Trust Invesco

What it is Tracks an index Tracks an index

Total return, 1 year +6.6% +14.8%

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

Gap to the S&P 500 −10.7 pts −2.5 pts

Expense ratio 0.62% 0.68%

Already in the S&P 500 62.7% 50.6%

Holdings 239 52

Net assets $7.6bn $1.1bn

FVD and PEY 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.

PEY in plain words

PEY tracks an index. Over the year to Oct 9, 2026 it returned +14.8% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.68% a year. By its holdings published by its issuer for Oct 8, 2026, 51% of the fund by weight is stocks the S&P 500 also holds, across 52 positions, with the top ten at 29.6%. It sat 8.8% below its high of Aug 26, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, FVD or PEY?: In the year to Oct 9, 2026, with distributions reinvested, FVD returned +6.6% and PEY +14.8%.
Which is cheaper, FVD or PEY?: FVD is cheaper, by 0.06 percentage points a year. On $10,000 held for a year that difference is about $6. Fees come from each fund's prospectus.
How much do FVD and PEY overlap with the S&P 500?: By their latest filed holdings, 63% of FVD and 51% of PEY by weight is stocks the S&P 500 already holds.

Other comparisons

FVD vs VFMF FVD vs FXO FVD vs IMCV FTXR vs FVD PEY vs VFLO IJJ vs PEY NOBL vs PEY IWS vs PEY

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

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

Open data

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