ATLASFirst Trust Value Line Dividend Index Fund (FVD): outlook, holdings and fees
First Trust Value Line Dividend Index Fund (FVD) is an exchange-traded fund and is managed by First Trust. The expense ratio is 0.66% and the yield is 2.48%. The ten largest holdings are 5% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 3, 2026
ATLAS view on FVD
| Last price | $51.07 (-0.6%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 56% |
| Likely 1-month range (50%) | $50.15 – $52.54 |
| Normal 1-day range (±1σ) | ±0.8% |
| Distribution yield | 2.48% · quarterly |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FVD fund facts
| Issuer | First Trust |
|---|---|
| Theme | Dividend stocks |
| Assets under management | $7.6B |
| Expense ratio | 0.66% |
| Number of holdings | 50 |
| Portfolio turnover | 58% |
| Inception | Aug 19, 2003 |
| Exchange | NYSE |
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index seeks to measure the performance of the securities ranked #1 or #2 according to the index provider's proprietary Value Line® Safety" Ranking System (the Safety Ranking System) that are also still expected to provide above-average dividend yield.
FVD top holdings
| Holding | Sector | Weight |
|---|---|---|
| Accenture plc ACN | Technology | 0.47% |
| Cboe Global Markets Inc CBOE | Financial Services | 0.49% |
| SHELL PLC WI ADR/2 L3H | Energy | 0.44% |
| Philip Morris International Inc PM | Consumer Defensive | 0.44% |
| Exxon Mobil Corp XOM | Energy | 0.44% |
| Emerson Electric Company EMR | Industrials | 0.47% |
| MSC Industrial Direct Company Inc MSM | Industrials | 0.45% |
| Cisco Systems Inc CSCO | Technology | 0.45% |
| NorthWestern Corporation NWE | Utilities | 0.46% |
| Pinnacle West Capital Corp PNW | Utilities | 0.43% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FVD sector breakdown
| Sector | Weight |
|---|---|
| Financial Services | 20.6% |
| Utilities | 18.3% |
| Industrials | 13.9% |
| Consumer Defensive | 11.5% |
| Real Estate | 8.2% |
| Healthcare | 7.9% |
| Technology | 5.6% |
| Consumer Cyclicals | 5.0% |
| Energy | 4.4% |
| Communication Services | 2.5% |
| Basic Materials | 2.1% |
By region: North America 91.7%, United Kingdom 3.8%, Europe Developed 2.1%, Japan 1.2%, Asia Emerging 0.8%.
FVD returns and risk
| Year to date | +5.3% |
|---|---|
| 1 year | +6.4% |
| 3 years (annualised) | +11.5% |
| 5 years (annualised) | +5.9% |
| 10 years (annualised) | +8.4% |
| Volatility (3 years) | 10.9% |
| Sharpe ratio (3 years) | 0.55 |
Past returns do not guarantee future results.
FVD: frequently asked questions
What does FVD invest in?
First Trust Value Line Dividend Index Fund invests in a portfolio of securities. Its largest holdings are Accenture plc (0.5%), Cboe Global Markets Inc (0.5%), SHELL PLC WI ADR/2 (0.4%), Philip Morris International Inc (0.4%), Exxon Mobil Corp (0.4%).
What is the FVD expense ratio?
0.66% a year: about $66.00 for every $10,000 invested.
What is the FVD dividend yield?
2.48%, paid quarterly. ATLAS does not hold the exact distribution dates for ETFs.
Will FVD go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 56%, with a likely range (50%) of $50.15 to $52.54 from $51.07 today. It is a probability, not a prediction.
How has FVD performed?
Year to date +5.3%, one year +6.4%, three years +11.5% a year, five years +5.9% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer