Education
About Us
Working with TipRanks
Follow Us
FVD - ETF AI Analysis
Top Page
First Trust Value Line Dividend Index Fund (FVD)
Rating:70Outperform
Price Target:
$51.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, such as Caterpillar and Johnson & Johnson, have delivered strong year-to-date performance, supporting overall fund growth.
Sector Diversification
The ETF is spread across 11 sectors, with significant exposure to Utilities, Industrials, and Financials, reducing reliance on any single industry.
Healthy Asset Base
With over $8.7 billion in assets under management, the fund benefits from strong investor interest and stability.
Negative Factors
High Geographic Concentration
The ETF is heavily focused on U.S. companies, with limited exposure to international markets, which may reduce diversification.
Moderate Expense Ratio
The fund's expense ratio of 0.61% is higher than some low-cost ETFs, potentially impacting long-term returns.
Underperforming Holdings
Some top holdings, like Public Storage, have shown weaker year-to-date performance, which could drag on overall returns.
FVD vs. SPDR S&P 500 ETF (SPY)
AUM8.58B
RegionNorth America
Expense Ratio0.61%
Beta0.46
IssuerFirst Trust
Inception DateDec 18, 2006
Dividend Yield2.29%
Asset ClassEquity
Index TrackedValue Line Dividend (TR)
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume846,080
30 Day Avg. Volume719,886
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
51.24Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering240
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FVD Summary
The First Trust Value Line Dividend Index Fund (FVD) is an ETF that focuses on companies with strong dividend-paying histories and solid financial stability. It follows the Value Line Dividend Index and includes businesses from various sectors like utilities, industrials, and healthcare. Some of its top holdings are well-known companies like Johnson & Johnson and Caterpillar. Investors might consider FVD for steady income through dividends and potential long-term growth. However, since it heavily relies on dividend-paying companies, its performance may be impacted if those companies face financial challenges or if market conditions reduce dividend payouts.
How much will it cost me?The expense ratio for the First Trust Value Line Dividend Index Fund (FVD) is 0.61%, which means you’ll pay $6.10 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, focusing on selecting companies with strong dividend histories and financial stability.
What would affect this ETF?FVD's focus on high-dividend-yield companies in stable sectors like utilities and consumer defensive could benefit from economic uncertainty, as investors often seek reliable income during volatile times. However, rising interest rates may make dividend-paying stocks less attractive compared to fixed-income investments, and regulatory changes in sectors like utilities or healthcare could impact the performance of its top holdings. Its U.S.-centric exposure also ties its success closely to domestic economic conditions.
FVD Top 10 Holdings
The First Trust Value Line Dividend Index Fund (FVD) leans heavily on utilities, industrials, and financials, creating a steady income-focused portfolio with a North American tilt. Utilities like NextEra Energy and Spire are rising steadily, buoyed by strong earnings and strategic investments, while Caterpillar in the industrials sector has been a standout performer, driving growth with operational efficiency and backlog expansion. However, Public Storage has been lagging slightly, with mixed signals and valuation concerns tempering its impact. Overall, the fund’s sector concentration in defensive names provides stability, but growth potential remains selective.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Amgen | 0.49% | $41.74M | $181.33B | 22.58% | 77 Outperform | |
| Expeditors International | 0.49% | $41.74M | $18.55B | 18.20% | 67 Neutral | |
| Axis Capital | 0.47% | $40.43M | $7.87B | 16.80% | 68 Neutral | |
| Allstate | 0.47% | $40.02M | $56.08B | 4.62% | 83 Outperform | |
| Kenvue, Inc. | 0.47% | $39.86M | $31.92B | -31.53% | 63 Neutral | |
| Cummins | 0.46% | $39.64M | $63.86B | 25.26% | 72 Outperform | |
| Old Republic International | 0.46% | $39.50M | $10.97B | 15.51% | 77 Outperform | |
| TC Energy | 0.46% | $39.47M | C$80.59B | 9.24% | 72 Outperform | |
| Cisco Systems | 0.46% | $39.42M | $308.35B | 35.72% | 77 Outperform | |
| Cboe Global Markets | 0.46% | $39.11M | $27.03B | 25.32% | 75 Outperform |
FVD Technical Analysis
Negative
―
Price Trends
45.77
Negative
45.58
Negative
44.62
Positive
Market Momentum
0.01
Negative
47.00
Neutral
62.96
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FVD, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 45.67, equal to the 50-day MA of 45.77, and equal to the 200-day MA of 44.62, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 47.00 is Neutral, neither overbought nor oversold. The STOCH value of 62.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FVD.
FVD Peer Comparison
Comparison Results
Performance Comparison
FVD
First Trust Value Line Dividend Index Fund
45.55
1.23
2.78%
SCHD
Schwab US Dividend Equity ETF
―
―
―
SPYD
SPDR Portfolio S&P 500 High Dividend ETF
―
―
―
FDL
First Trust Morningstar Dividend Leaders Index Fund
―
―
―
DHS
WisdomTree U.S. High Dividend Fund
―
―
―
PEY
Invesco High Yield Equity Dividend Achievers ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
Table of Contents