First Trust Value Line Dividend Index Fund
U.S. stock index ETF · tracks Value Line Dividend Index
As of its 2026 Q2 report, First Trust Value Line Dividend Index Fund held 251 positions with $8.04B in net assets. Its ten largest holdings made up 4.3% of the fund. The FVD share class costs 0.62% a year. Over the 12 months to May 2026, FVD returned 8.0%, with dividends reinvested. In 2026 Q2 it added 23 new positions and exited 9.
The First Trust Value Line Dividend Index 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 Value Line Dividend Index (the Index ).
The fund tracks the Value Line Dividend Index using an indexing approach, holding securities that receive a Value Line Safety Ranking of #1 or #2, pay above-average dividends relative to the S&P 500, and meet size requirements; the index equally weights its constituents and reconstitutes monthly. Because the Safety Ranking System assigns ranks weekly while the index reconstitutes monthly, the fund may hold securities no longer assigned a #1 or #2 safety rank for the remainder of a monthly period.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
0.44% | $35.34M | 1.3M | $26.85 | |
RLIRLI CORP | 0.44% | $35.10M | 594.3K | $59.07 |
0.44% | $35.00M | 621.1K | $56.35 | |
0.43% | $34.95M | 124.3K | $281.21 | |
0.43% | $34.98M | 254.0K | $137.74 | |
0.43% | $34.88M | 271.4K | $128.50 | |
0.43% | $34.52M | 538.2K | $64.15 | |
CMCSACOMCAST CORP | 0.43% | $34.47M | 1.4M | $24.55 |
0.43% | $34.49M | 123.2K | $280.00 | |
0.43% | $34.42M | 135.5K | $253.97 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
The 200 largest of 251 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.72% |
| Cash & short-term | 0.15% |
By sector
- Financials
- 18.2%
- Utilities
- 16.9%
- Industrials
- 14.3%
- International
- 14.1%
- 9 other sectors
- 36.5%
- Financials
- 18.2%
- Utilities
- 16.9%
- Industrials
- 14.3%
- International
- 14.1%
- Consumer Staples
- 9.3%
- Real Estate
- 8.1%
- Health Care
- 6.2%
- Materials
- 3.7%
- Information Technology
- 3.2%
- Consumer Discretionary
- 2.8%
- Communication Services
- 1.6%
- Energy
- 1.5%
- Cash
- 0.2%
How it has done
FVD share class · total returns with dividends reinvested
Volatility over the last 12 months: 10.30%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
First Trust Value Line Dividend Index Fund is a U.S. equity index ETF that tracks the Value Line Dividend Index.
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Expense ratio, by class
- 0.62%· FVD 0.62%
- Portfolio turnover
- 65.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
23 new· the largest 8
9 exited· the largest 8
Understand how this fund fits with the rest.
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