Skip to Content
ETFs

First Trust Exchange-Traded Fund VI First Trust NASDAQ Technology Dividend Index Fund

TDIV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 13 2012
Expense Ratio
0.50%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$4,955,297
AUM
$1,958,503,800
Associated Index
NASDAQ Technology Dividend Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

IBM
International Business Machines Corp.
8.42%
MSFT
Microsoft Corporation
8.14%
TXN
Texas Instruments Inc.
8.02%
AVGO
Broadcom Inc
7.56%
ORCL
Oracle Corp.
7.13%
QCOM
Qualcomm, Inc.
3.95%
ADI
Analog Devices Inc.
3.37%
RCI
Rogers Communications Inc. - Ordinary Shares - Class B
2.10%
MSI
Motorola Solutions Inc
2.06%
CMCSA
Comcast Corp - Ordinary Shares - Class A
2.04%
Invest with TDIV

What is TDIV?

The First Trust NASDAQ Technology Dividend Index Fund is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the NASDAQ Technology Dividend IndexSM (the Index ).

ETFs related toTDIV

ETFs correlated to TDIV include TDV, RSPT, FIVG

TDIV
First Trust Exchange-Traded Fund III - First Trust ETF VI First Trust NASDAQ Technology Dividend Index Fund
TDV
ProShares Trust - ProShares S&P Technology Dividend Aristocrats ETF
RSPT
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Technology ETF
FIVG
ETF Series Solutions Trust - Defiance Next Gen Connectivity ETF
IXN
BlackRock Institutional Trust Company N.A. - iShares Global Tech ETF
XLK
SSgA Active Trust - Technology Select Sector SPDR ETF
TECL
Direxion Shares ETF Trust - Direxion Daily Technology Bull 3X Shares
FTEC
Fidelity Covington Trust - Fidelity MSCI Information Technology Index ETF
VGT
Vanguard Group, Inc. - Vanguard Information Technology ETF
QTUM
ETF Series Solutions Trust - Defiance Quantum ETF
FXL
First Trust Exchange-Traded Fund III - First Trust Technology AlphaDEX Fund

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 toTDIV

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with TDIV using Composer

FAQ

TDIV is a US Equities ETF. The First Trust NASDAQ Technology Dividend Index Fund is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the NASDAQ Technology Dividend IndexSM (the Index ).

TDIV tracks the NASDAQ Technology Dividend Index.

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

No, TDIV 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, TDIV 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 TDIV is -0.0007%. This is the percent change in the value of TDIV over the most recent 1-month period. The 3-month return on TDIV is 0.0024%. This is the percent change in the value of TDIV over the most recent 3-month period.

The standard deviation of TDIV for the past year is 0.2103%. 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 TDIV include TDVI, VIG, and VYM.

ETFs correlated to TDIV include TDV, RSPT, and FIVG.

ETFs that are inversely correlated to TDIV include TECS, SDS, and SPXS.

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.