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ETFs

First Trust STOXX European Select Dividend Income Fund

FDD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 27 2007
Expense Ratio
0.58%
Type
Global Ex. US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$1,391,840
AUM
$188,570,041
Associated Index
STOXX Europe Select Dividend 30 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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Yara International ASA.
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RIO
RIO TINTO PLC
4.28%
LGEN
LEGAL & GENERAL GROUP PLC
4.22%
MAERSKA
AP MOLLER-MAERSK A/S-A
4.22%
ELE
ENDESA SA
4.06%
ACS
ACS ACTIVIDADES CONS Y SERV
3.62%
CBG
CLOSE BROTHERS GROUP PLC
3.47%
NN
NN GROUP NV
3.39%
Invest with FDD

What is FDD?

First Trust STOXX European Select Dividend Index Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the STOXX Europe Select Dividend 30 Index. The Index is a dividend weighted index of 30 stocks selected from the STOXX Europe 600 Index which includes high-dividend yielding companies across 18 European countries.

ETFs related toFDD

ETFs correlated to FDD include FEP, EZU, EFV

FDD
First Trust Exchange-Traded Fund III - First Trust STOXX European Select Dividend Income Fund
FEP
First Trust Exchange-Traded Fund III - First Trust Europe AlphaDEX Fund
EZU
BlackRock Institutional Trust Company N.A. - iShares MSCI EMU ETF
EFV
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Value ETF
PXF
Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. ETF
VGK
Vanguard Group, Inc. - Vanguard FTSE Europe ETF
SPEU
SSgA Active Trust - SPDR Portfolio Europe ETF
EWG
BlackRock Institutional Trust Company N.A. - iShares MSCI Germany ETF
IEUR
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Europe ETF
BBEU
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Europe ETF
IEV
BlackRock Institutional Trust Company N.A. - iShares Europe ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFDD

#DRAGON

Dragon Portfolio

Category

Go Global

Risk Rating

Aggressive

Create your own algorithmic trading strategy with FDD using Composer

FAQ

FDD is a Global Ex. US Equities ETF. First Trust STOXX European Select Dividend Index Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the STOXX Europe Select Dividend 30 Index. The Index is a dividend weighted index of 30 stocks selected from the STOXX Europe 600 Index which includes high-dividend yielding companies across 18 European countries.

FDD tracks the STOXX Europe Select Dividend 30 Index.

FDD dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

No, FDD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FDD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FDD is -0.0502%. This is the percent change in the value of FDD over the most recent 1-month period. The 3-month return on FDD is 0.0167%. This is the percent change in the value of FDD over the most recent 3-month period.

The standard deviation of FDD for the past year is 0.2502%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FDD include DTH, PID, and DXJ.

ETFs correlated to FDD include FEP, EZU, and EFV.

ETFs that are inversely correlated to FDD include EPV, EFZ, and SKF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.