Skip to Content
ETFs

First Trust Value Line Dividend Fund

FVD
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Aug 19, 2003
Expense Ratio
0.65%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$37,212,230
AUM
$11,061,385,359
Associated Index
Value Line Dividend Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

TM
Toyota Motor Corporation - ADR
0.69%
BRC
Brady Corp. - Ordinary Shares - Class A
0.68%
EG
Everest Group Ltd
0.67%
ALL
Allstate Corp (The)
0.65%
WTW
Willis Towers Watson Public Limited Co
0.64%
CB
Chubb Limited
0.64%
THG
Hanover Insurance Group Inc
0.64%
CVS
CVS Health Corp
0.64%
INFY
Infosys Ltd - ADR
0.63%
SXT
Sensient Technologies Corp.
0.63%
Invest with FVD
Trade FVD Options

What is FVD?

The First Trust Value Line Dividend Index Fund is an exchange-traded index fund. The objective of the fund is to seek investment results that correspond generally to the price and yield before fees and expenses of the Value Line Dividend Index.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

FVD
Performance Measures**

for the time period Aug 27, 2003 to Dec 4, 2025

Returns

1M Trailing Return: 2.1%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 0.1%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -51.3%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 16.7%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.51

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.14

The annualized return divided by the max drawdown for the selected time period.

ETFs related toFVD

ETFs correlated to FVD include LGLV, SDY, NOBL

FVD
First Trust Exchange-Traded Fund III - First Trust Value Line Dividend Index Fund
LGLV
SPDR Series Trust - SPDR SSGA US Large Cap Low Volatility Index ETF
SDY
SPDR Series Trust - SPDR Dividend ETF
NOBL
ProShares Trust - ProShares S&P 500 Dividend Aristocrats ETF
LVHD
Legg Mason ETF Investment Trust - Franklin U.S. Low Volatility High Dividend Index ETF
USMV
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Min Vol Factor ETF
NULV
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF
DGRO
BlackRock Institutional Trust Company N.A. - iShares Core Dividend Growth ETF
JPUS
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Equity ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
SPLV
Invesco Capital Management LLC - Invesco S&P 500 Low Volatility 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.

Trading Strategies
Related toFVD

Simon | KMLM switcher | Simon Shorts Ed. + MbM | (single pops)| BT 4/13/22

Category

Trend-following, RSI momentum, volatility hedging, leveraged ETFs, inverse ETFs, managed futures (KMLM), bonds/cash, tech/semis/small-cap/biotech, risk-on/off

OOS Cumulative Return

94.76%

💎🥐

Category

Tactical asset allocation, volatility trading, market timing, risk management, leveraged ETFs, trend-following, mean reversion

OOS Cumulative Return

17.83%

Create your own algorithmic trading strategy with FVD using Composer

FAQ

FVD is a US Equities ETF. The First Trust Value Line Dividend Index Fund is an exchange-traded index fund. The objective of the fund is to seek investment results that correspond generally to the price and yield before fees and expenses of the Value Line Dividend Index.

FVD tracks the Value Line Dividend Index.

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

No, FVD 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, FVD 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 FVD is -0.0105%. This is the percent change in the value of FVD over the most recent 1-month period. The 3-month return on FVD is -0.0297%. This is the percent change in the value of FVD over the most recent 3-month period.

The standard deviation of FVD for the past year is 0.1423%. 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 FVD include VIG, VYM, and DFAS.

ETFs correlated to FVD include LGLV, SDY, and NOBL.

ETFs that are inversely correlated to FVD include SDOW, DOG, and DXD.

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.