Which returned more over the last year, FXL or TDIV?

In the year to Oct 28, 2026, with distributions reinvested, FXL returned +29.0% and TDIV +16.3%.

Which is cheaper, FXL or TDIV?

TDIV is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do FXL and TDIV overlap with the S&P 500?

By their latest filed holdings, 50% of FXL and 79% of TDIV by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

FXL vs TDIV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FXL returned +29.0% to TDIV's +16.3%; 15% of their weight is in the same names.

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Net assets on Oct 27, 2026: $2.8bn for First Trust Technology AlphaDEX Fund and $4.4bn for First Trust NASDAQ Technology Dividend Index Fund.

FXL on its own →TDIV on its own →

At a glance

+29.0%

FXL total return, 1 year

+16.3%

TDIV total return, 1 year

0.60%

FXL expense ratio

0.50%

TDIV expense ratio

Pair scorecard

TDIV costs 0.10 points a year less; their one-year returns differ by 12.7 points; TDIV is 1.6 times larger.

FXL vs TDIV: Differences, Returns & Fees
Measure	FXL	TDIV
Return
Measure	FXL	TDIV
Total return, 1 year	+29.0%	+16.3%
Drawdown
Measure	FXL	TDIV
Below its high		7.9%, high on Jun 2, 2026
Benchmark
Measure	FXL	TDIV
What it tracks	StrataQuant Technology Index	Nasdaq Technology Dividend Index
Cost and size
Measure	FXL	TDIV
Expense ratio	0.60%	0.50%
Net assets, as of Oct 27, 2026	$2.8bn	$4.4bn
Holdings
Measure	FXL	TDIV
Holdings in common	15%
Top ten holdings, share of the fund	17.0%	57.2%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Aug 24, 2012 to Oct 23, 2026 · 739 weekly returns

FXL TDIV

Return

Total return edge FXL +960.0% +679.4%

Annualized edge FXL +18.1% +15.5%

Price return edge FXL +905.8% +466.5%

Risk

Volatility edge TDIV 21.9% 17.9%

Max drawdown edge TDIV −38.0% −30.5%

Downside capture 111.5% 105.8%

Beta 1.13 1.03

Risk-adjusted

Sharpe edge Tie 0.79 0.80

Sortino edge Tie 1.18 1.18

Treynor 0.122 0.138

Calmar edge TDIV (slight) 0.48 0.51

Against the benchmark

Alpha +2.4% a year +0.7% a year

Alpha t-stat 0.91 0.37

Information ratio 0.32 0.16

Tracking error 11.8% 7.4%

Each against its own benchmark: FXL against IWB, May 18, 2007 to Oct 23, 2026; TDIV against VOO, Aug 24, 2012 to Oct 23, 2026.

Reading

FXL returned more: +960.0% to +679.4%. TDIV swung less: 17.9% to 21.9%. TDIV fell less at its worst: −30.5% to −38.0%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: FXL vs TDIV: Differences, Returns & Fees
Measure	FXL	TDIV	Edge	How it is measured
Return
Total return	+960.0%	+679.4%	FXL	Price change plus distributions, reinvested.
Annualized	+18.1%	+15.5%	FXL	Total return as a yearly rate.
Price return	+905.8%	+466.5%	FXL	Price change alone, distributions left out.
Risk
Volatility	21.9%	17.9%	TDIV	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	14.6%	12.1%	TDIV	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−38.0%	−30.5%	TDIV	Deepest fall from a high to the low after it.
Upside capture	137.3%	112.8%		Share of its benchmark's rise caught in the weeks it rose.
Downside capture	111.5%	105.8%		Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	1.13	1.03	Not an edge	How far it moves for each 1% its benchmark moves.
R squared	0.76	0.83	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	0.79	0.80	Tie	Return above Treasury bills per unit of volatility.
Sortino	1.18	1.18	Tie	Return above Treasury bills per unit of downside deviation.
Treynor	0.122	0.138		Return above Treasury bills per unit of beta.
Calmar	0.48	0.51	TDIV (slight)	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	IWB	VOO		The ETF each fund is measured against.
Alpha	+2.4% a year	+0.7% a year	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	0.91	0.37	Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−2.8% to +7.5%	−3.2% to +4.6%	Includes zero	The 95% range for the yearly alpha.
Information ratio	0.32	0.16		Return against its benchmark per unit of tracking error.
Tracking error	11.8%	7.4%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 739 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

15%

By the books each fund has filed, FXL and TDIV hold 15% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

15% in common

Positions both hold · largest shared weight first FXL TDIV

Analog Devices, Inc. 1.28% 3.55%

Dell Technologies Inc. (Class C) 1.39% 1.23%

Amphenol Corporation 1.10% 1.66%

Intuit Inc. 1.06% 1.79%

Texas Instruments Incorporated 0.98% 9.37%

Microsoft Corporation 0.92% 8.29%

Cognizant Technology Solutions Corporation 1.71% 0.88%

NetApp, Inc. 1.61% 0.75%

Salesforce, Inc. 0.62% 1.97%

Microchip Technology Incorporated 0.61% 1.61%

Broadcom Inc. 0.58% 7.32%

Roper Technologies, Inc. 1.48% 0.54%

Only in one fund ↓

Only in FXL

EPAM Systems, Inc. 1.83%

Atlassian Corporation (Class A) 1.82%

Rubrik, Inc. (Class A) 1.76%

NIQ Global Intelligence Plc 1.73%

RingCentral, Inc. (Class A) 1.70%

PTC Inc. 1.65%

SentinelOne, Inc. (Class A) 1.61%

Zoom Communications, Inc. (Class A) 1.60%

Only in TDIV

Oracle Corporation 6.93%

Taiwan Semiconductor Manufacturing Company Limited (ADR) 4.16%

Thomson Reuters Corporation 2.78%

Vistance Networks Inc. 2.06%

Cisco Systems, Inc. 1.99%

HP Inc. 1.79%

TELUS Corporation 1.76%

Verizon Communications Inc. 1.74%

Check overlap with more funds →

Side by side

FXL First Trust Technology AlphaDEX Fund TDIV First Trust NASDAQ Technology Dividend Index Fund

Where it sits Stock ETF Stock ETF

Issuer First Trust First Trust

What it is Tracks an index Tracks an index

Total return, 1 year +29.0% +16.3%

Its benchmark over the same days +13.1% (IWB) +13.7% (VOO)

Gap to its benchmark +15.9 pts vs IWB +2.6 pts vs VOO

Expense ratio 0.60% 0.50%

Already in the S&P 500 50.0% 78.8%

Holdings 110 87

Net assets, as of Oct 27, 2026 $2.8bn $4.4bn

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

Client brief · page 1 of 2 Report BR-051300168E

FXL and TDIV are built for the same job. How do they differ in cost, holdings and results?

What each follows. FXL follows StrataQuant Technology Index and TDIV follows Nasdaq Technology Dividend Index.
Holdings in common. 15% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 FXL returned +29.0% and TDIV +16.3% with distributions reinvested, a gap of 12.7 points.

Data as of Oct 28, 2026.

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About each fund

FXL

Over the year to Oct 28, 2026 it returned +29.0% with distributions reinvested, against +13.1% for its benchmark, the Russell 1000 Index.

FXL tracks an index. The prospectus expense ratio is 0.60% a year. By its holdings published by its issuer for Oct 27, 2026, 50% of the fund by weight is stocks the S&P 500 also holds, across 110 positions, with the top ten at 17.0%.

TDIV

TDIV tracks an index. Over the year to Oct 28, 2026 it returned +16.3% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.50% a year. By its holdings published by its issuer for Oct 27, 2026, 79% of the fund by weight is stocks the S&P 500 also holds, across 87 positions, with the top ten at 57.2%. It sat 7.9% below its high of Jun 2, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FXL or TDIV?: In the year to Oct 28, 2026, with distributions reinvested, FXL returned +29.0% and TDIV +16.3%.
Which is cheaper, FXL or TDIV?: TDIV is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FXL and TDIV overlap with the S&P 500?: By their latest filed holdings, 50% of FXL and 79% of TDIV by weight is stocks the S&P 500 already holds.

Other comparisons

FXL vs TRFK FXL vs IYW FXL vs XLK FXL vs VGT TDIV vs XNTK TDIV vs TRFK TDIV vs XLK TDIV vs VGT

Where to next

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

Sources and dates

FXL filings on SEC EDGAR ↗

FXL prospectus with the expense ratio (SEC) ↗

First Trust page for FXL ↗

TDIV filings on SEC EDGAR ↗

TDIV prospectus with the expense ratio (SEC) ↗

First Trust page for TDIV ↗

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, FXL against TDIV, data as of Oct 28, 2026. https://etfiq.com/compare/any/fxl-vs-tdiv

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