ETF Research

FVD: FIRST TRUST VALUE LINE DIVIDEND INDEX FUND

Generated from StockValueFinder data · Updated Oct 12, 2026 12:57 AM
Educational content only. This is not financial advice and is not a recommendation to buy, sell, or hold any ETF.

What this ETF is trying to do

The First Trust Value Line Dividend Index Fund (FVD) is an exchange-traded fund (ETF) that focuses on dividend-paying companies. It spreads its investments across many different businesses to provide investors with a mix of share-price growth and cash income.

What the numbers show

As of October 9, 2026, the share price of FVD was $47.66. To understand how it has performed, we look at two different types of returns: price return (which only tracks the share price) and total return (which includes the cash distributions paid to investors).

• Year-to-Date (YTD): The price return is 3.43%, while the total return is 5.19%.

• One Year: The price return is 4.06%, and the total return is 6.57%.

• Three Year: The price return is 27.71%, and the total return is 37.06%.

For a simple example, if you had invested $10,000 based on the estimated price from roughly one year ago ($45.80), the price-only increase of 4.06% would mean your shares are now worth approximately $10,406.

Income and distribution explanation

FVD pays out cash to investors, usually every quarter. Over the last 12 months, it made 4 payouts totaling $1.12 per share. This results in a distribution yield of approximately 2.36%.

It is important for beginners to remember that a distribution yield is not the same as a total return. The yield tells you how much cash the fund pays relative to its price, but it does not guarantee that the original investment value will stay the same.

NAV Erosion Explanation

"NAV erosion" happens when the internal value of a fund's assets drops over time. StockValueFinder uses an erosion-risk score to measure this. FVD has an erosion score of 94, which is labeled as "Stable / sideways" with a "good" severity rating. Additionally, the severe erosion-risk flag is false, meaning the fund has not triggered a warning for substantial price deterioration.

Top Holdings

The fund is diversified with 243 total holdings. As of October 4, 2026, some of the top holdings include:

• Bank of Nova Scotia (0.47%)

• Eaton Corp PLC (0.47%)

• Gilead Sciences Inc (0.46%)

• Takeda Pharmaceutical Co Ltd (0.46%)

• TE Connectivity PLC (0.46%)

Pros

• Positive total returns over the short and long term (1, 3, and 5 years).

• A "good" erosion-risk rating, suggesting price stability.

• Provides regular quarterly cash distributions.

Cons

• The distribution yield (2.36%) is relatively modest compared to some high-income funds.

• Price returns are lower than total returns, meaning the cash payouts are a significant part of the overall gain.

Beginner takeaway

FVD is a fund for investors who want a combination of steady share-price movement and regular cash income. While the distribution yield provides extra cash, the total return shows the full picture of how the investment grew. Always look at both the price and the erosion score to see if the fund's value is remaining stable.

Top Holdings

Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.

243 holdings available
# Holding Ticker Weight
1 BANK OF NOVA SCOTIA n/a 0.47%
2 EATON CORP PLC ETN 0.47%
3 GILEAD SCIENCES INC GILD 0.46%
4 TAKEDA PHARMACEUTICAL CO LTD ADR TAK 0.46%
5 TE CONNECTIVITY PLC REGISTERED SHARES TEL 0.46%
6 THE TORONTO-DOMINION BANK n/a 0.46%
7 MANULIFE FINANCIAL CORP MFC 0.45%
8 MSC INDUSTRIAL DIRECT CO INC CLASS A MSM 0.45%
9 PRINCIPAL FINANCIAL GROUP INC PFG 0.45%
10 SUN LIFE FINANCIAL INC SLF 0.45%
Show all 243 holdings
1. BANK OF NOVA SCOTIA n/a 0.47%
2. EATON CORP PLC ETN 0.47%
3. GILEAD SCIENCES INC GILD 0.46%
4. TAKEDA PHARMACEUTICAL CO LTD ADR TAK 0.46%
5. TE CONNECTIVITY PLC REGISTERED SHARES TEL 0.46%
6. THE TORONTO-DOMINION BANK n/a 0.46%
7. MANULIFE FINANCIAL CORP MFC 0.45%
8. MSC INDUSTRIAL DIRECT CO INC CLASS A MSM 0.45%
9. PRINCIPAL FINANCIAL GROUP INC PFG 0.45%
10. SUN LIFE FINANCIAL INC SLF 0.45%
11. TXNM ENERGY INC TXNM 0.45%
12. VERISIGN INC VRSN 0.45%
13. ABBVIE INC ABBV 0.44%
14. ALTRIA GROUP INC MO 0.44%
15. ASTRAZENECA PLC n/a 0.44%
16. BANK OF MONTREAL BMO 0.44%
17. BLACK HILLS CORP BKH 0.44%
18. CANADIAN IMPERIAL BANK OF COMMERCE CM 0.44%
19. CHEVRON CORP CVX 0.44%
20. HONDA MOTOR CO LTD ADR HMC 0.44%
21. KINDER MORGAN INC CLASS P KMI 0.44%
22. MERCK & CO INC MRK 0.44%
23. METLIFE INC MET 0.44%
24. n/a SHEL 0.44%
25. NORTHWESTERN ENERGY GROUP INC NWE 0.44%
26. PFIZER INC PFE 0.44%
27. PHILIP MORRIS INTERNATIONAL INC PM 0.44%
28. PROCTER & GAMBLE CO PG 0.44%
29. REINSURANCE GROUP OF AMERICA INC RGA 0.44%
30. ROYAL BANK OF CANADA RY 0.44%
31. TOTALENERGIES SE n/a 0.44%
32. WILLIAMS COMPANIES INC WMB 0.44%
33. ACCENTURE PLC CLASS A ACN 0.43%
34. AFLAC INC AFL 0.43%
35. AMERICAN ELECTRIC POWER CO INC AEP 0.43%
36. AMERICAN FINANCIAL GROUP INC AFG 0.43%
37. AMERICAN INTERNATIONAL GROUP INC AIG 0.43%
38. ANHEUSER-BUSCH INBEV SA/NV ADR BUD 0.43%
39. AXIS CAPITAL HOLDINGS LTD AXS 0.43%
40. BRITISH AMERICAN TOBACCO PLC ADR BTI 0.43%
41. CHESAPEAKE UTILITIES CORP CPK 0.43%
42. CHUBB LTD CB 0.43%
43. DEL MONTE CORP DMC 0.43%
44. EMERSON ELECTRIC CO EMR 0.43%
45. ESSENTIAL UTILITIES INC WTRG 0.43%
46. EVERGY INC EVRG 0.43%
47. FASTENAL CO FAST 0.43%
48. FORTIS INC FTS 0.43%
49. GSK PLC ADR GSK 0.43%
50. HONEYWELL INTERNATIONAL INC HON 0.43%
51. HSBC HOLDINGS PLC ADR HSBC 0.43%
52. HUBBELL INC HUBB 0.43%
53. JOHNSON & JOHNSON JNJ 0.43%
54. KEURIG DR PEPPER INC KDP 0.43%
55. MEDTRONIC PLC MDT 0.43%
56. NATIONAL FUEL GAS CO NFG 0.43%
57. NEW JERSEY RESOURCES CORP NJR 0.43%
58. NISOURCE INC NI 0.43%
59. NORTHWEST BANCSHARES INC NWBI 0.43%
60. OGE ENERGY CORP OGE 0.43%
61. THE TRAVELERS COMPANIES INC TRV 0.43%
62. TOYOTA MOTOR CORP ADR TM 0.43%
63. AMDOCS LTD DOX 0.42%
64. AMEREN CORP AEE 0.42%
65. AMERICAN WATER WORKS CO INC AWK 0.42%
66. ASSURED GUARANTY LTD AGO 0.42%
67. AUTOMATIC DATA PROCESSING INC ADP 0.42%
68. AVISTA CORP AVA 0.42%
69. BECTON DICKINSON & CO BDX 0.42%
70. CENTERPOINT ENERGY INC CNP 0.42%
71. CINCINNATI FINANCIAL CORP CINF 0.42%
72. CINTAS CORP CTAS 0.42%
73. CISCO SYSTEMS INC CSCO 0.42%
74. CME GROUP INC CLASS A CME 0.42%
75. CNA FINANCIAL CORP CNA 0.42%
76. COCA-COLA CO KO 0.42%
77. COMMERCE BANCSHARES INC CBSH 0.42%
78. CONSOLIDATED EDISON INC ED 0.42%
79. DUKE ENERGY CORP DUK 0.42%
80. ECOLAB INC ECL 0.42%
81. EMERA INC EMA 0.42%
82. ENBRIDGE INC ENB 0.42%
83. ENTERGY CORP ETR 0.42%
84. EXXONMOBIL HOLDINGS CORP XOM 0.42%
85. FIRSTENERGY CORP FE 0.42%
86. GRACO INC GGG 0.42%
87. IDEX CORP IEX 0.42%
88. ILLINOIS TOOL WORKS INC ITW 0.42%
89. JM SMUCKER CO SJM 0.42%
90. JPMORGAN CHASE & CO JPM 0.42%
91. LINDE PLC LIN 0.42%
92. MOTOROLA SOLUTIONS INC MSI 0.42%
93. MSA SAFETY INC MSA 0.42%
94. NASDAQ INC NDAQ 0.42%
95. NORDSON CORP NDSN 0.42%
96. NORTHWEST NATURAL HOLDING CO NWN 0.42%
97. PACKAGING CORP OF AMERICA PKG 0.42%
98. PINNACLE WEST CAPITAL CORP PNW 0.42%
99. PORTLAND GENERAL ELECTRIC CO POR 0.42%
100. PPG INDUSTRIES INC PPG 0.42%
101. PRUDENTIAL FINANCIAL INC PRU 0.42%
102. QUEST DIAGNOSTICS INC DGX 0.42%
103. REGENCY CENTERS CORP REG 0.42%
104. REPUBLIC SERVICES INC RSG 0.42%
105. RPM INTERNATIONAL INC RPM 0.42%
106. SELECTIVE INSURANCE GROUP INC SIGI 0.42%
107. SHERWIN-WILLIAMS CO SHW 0.42%
108. SPIRE INC SR 0.42%
109. SS&C TECHNOLOGIES HOLDINGS INC SSNC 0.42%
110. STANTEC INC STN 0.42%
111. TC ENERGY CORP TRP 0.42%
112. THE HANOVER INSURANCE GROUP INC THG 0.42%
113. U.S. BANCORP USB 0.42%
114. UNILEVER PLC ADR UL 0.42%
115. WEC ENERGY GROUP INC WEC 0.42%
116. WELLTOWER INC WELL 0.42%
117. AIR PRODUCTS AND CHEMICALS INC APD 0.41%
118. ALLIANT ENERGY CORP LNT 0.41%
119. AMERICA MOVIL SAB DE CV ADR SERIES B AMX 0.41%
120. AMERICAN STATES WATER CO AWR 0.41%
121. AMGEN INC AMGN 0.41%
122. APTARGROUP INC ATR 0.41%
123. ASSURANT INC AIZ 0.41%
124. ATMOS ENERGY CORP ATO 0.41%
125. AVERY DENNISON CORP AVY 0.41%
126. BANK OF NEW YORK MELLON CORP BNY 0.41%
127. BRISTOL-MYERS SQUIBB CO BMY 0.41%
128. CALIFORNIA WATER SERVICE GROUP CWT 0.41%
129. CANADIAN NATIONAL RAILWAY CO n/a 0.41%
130. CHURCH & DWIGHT CO INC CHD 0.41%
131. CMS ENERGY CORP CMS 0.41%
132. COCA-COLA EUROPACIFIC PARTNERS PLC CCEP 0.41%
133. COLGATE-PALMOLIVE CO CL 0.41%
134. DOMINION ENERGY INC D 0.41%
135. DONALDSON CO INC DCI 0.41%
136. DTE ENERGY CO DTE 0.41%
137. ESSEX PROPERTY TRUST INC ESS 0.41%
138. EVERSOURCE ENERGY ES 0.41%
139. EXELON CORP EXC 0.41%
140. FEDERAL REALTY INVESTMENT TRUST FRT 0.41%
141. FRANKLIN ELECTRIC CO INC FELE 0.41%
142. IDACORP INC IDA 0.41%
143. INTERCONTINENTAL EXCHANGE INC ICE 0.41%
144. JACOBS SOLUTIONS INC J 0.41%
145. KIMCO REALTY CORP KIM 0.41%
146. LINCOLN ELECTRIC HOLDINGS INC LECO 0.41%
147. LOCKHEED MARTIN CORP LMT 0.41%
148. MONDELEZ INTERNATIONAL INC CLASS A MDLZ 0.41%
149. MORGAN STANLEY MS 0.41%
150. n/a CTSH 0.41%
151. NEXTERA ENERGY INC NEE 0.41%
152. NORTHROP GRUMMAN CORP NOC 0.41%
153. OLD REPUBLIC INTERNATIONAL CORP ORI 0.41%
154. OTIS WORLDWIDE CORP ORDINARY SHARES OTIS 0.41%
155. PEMBINA PIPELINE CORP n/a 0.41%
156. PNC FINANCIAL SERVICES GROUP INC PNC 0.41%
157. PPL CORP PPL 0.41%
158. PUBLIC SERVICE ENTERPRISE GROUP INC PEG 0.41%
159. RIO TINTO PLC ADR RIO 0.41%
160. SANOFI SA ADR SNY 0.41%
161. SEI INVESTMENTS CO SEIC 0.41%
162. SNAP-ON INC SNA 0.41%
163. SOUTHERN CO SO 0.41%
164. SOUTHWEST GAS HOLDINGS INC SWX 0.41%
165. STATE STREET CORP STT 0.41%
166. SYSCO CORP SYY 0.41%
167. T. ROWE PRICE GROUP INC TROW 0.41%
168. THE HARTFORD INSURANCE GROUP INC HIG 0.41%
169. THE KRAFT HEINZ CO KHC 0.41%
170. TJX COMPANIES INC TJX 0.41%
171. VENTAS INC VTR 0.41%
172. VERIZON COMMUNICATIONS INC VZ 0.41%
173. W.P. CAREY INC WPC 0.41%
174. XCEL ENERGY INC XEL 0.41%
175. AMCOR PLC ORDINARY SHARES AMCR 0.40%
176. BANK OF AMERICA CORP BAC 0.40%
177. BCE INC BCE 0.40%
178. BLACKROCK INC BLK 0.40%
179. CAMDEN PROPERTY TRUST CPT 0.40%
180. CSX CORP CSX 0.40%
181. CUMMINS INC CMI 0.40%
182. DIAGEO PLC ADR DEO 0.40%
183. DOVER CORP DOV 0.40%
184. EQUITY LIFESTYLE PROPERTIES INC ELS 0.40%
185. GAMING AND LEISURE PROPERTIES INC GLPI 0.40%
186. INFOSYS LTD ADR INFY 0.40%
187. INGREDION INC INGR 0.40%
188. KENVUE INC KVUE 0.40%
189. L3HARRIS TECHNOLOGIES INC LHX 0.40%
190. LOWE'S COMPANIES INC LOW 0.40%
191. MCDONALD'S CORP MCD 0.40%
192. MGE ENERGY INC MGEE 0.40%
193. n/a n/a 0.40%
194. ONE GAS INC OGS 0.40%
195. PAYCHEX INC PAYX 0.40%
196. PEPSICO INC PEP 0.40%
197. PRIMERICA INC PRI 0.40%
198. RTX CORP RTX 0.40%
199. SUN COMMUNITIES INC SUI 0.40%
200. THE GOLDMAN SACHS GROUP INC GS 0.40%
201. THE HOME DEPOT INC HD 0.40%
202. VIVMARK RESIDENTIAL VMRK 0.40%
203. WASTE MANAGEMENT INC WM 0.40%
204. ABBOTT LABORATORIES ABT 0.39%
205. ALLSTATE CORP ALL 0.39%
206. AMERICAN HOMES 4 RENT CLASS A AMH 0.39%
207. BRADY CORP CLASS A BRC 0.39%
208. BROADRIDGE FINANCIAL SOLUTIONS INC BR 0.39%
209. DOLBY LABORATORIES INC CLASS A DLB 0.39%
210. FEDERATED HERMES INC CLASS B FHI 0.39%
211. GENERAL DYNAMICS CORP GD 0.39%
212. INVITATION HOMES INC INVH 0.39%
213. KIMBERLY-CLARK CORP KMB 0.39%
214. MID-AMERICA APARTMENT COMMUNITIES INC MAA 0.39%
215. NORFOLK SOUTHERN CORP NSC 0.39%
216. NOVARTIS AG ADR NVS 0.39%
217. PUBLIC STORAGE PSA 0.39%
218. REALTY INCOME CORP O 0.39%
219. SONOCO PRODUCTS CO SON 0.39%
220. STERIS PLC STE 0.39%
221. T-MOBILE US INC TMUS 0.39%
222. THE HERSHEY CO HSY 0.39%
223. THE MARZETTI CO MZTI 0.39%
224. UDR INC UDR 0.39%
225. UNION PACIFIC CORP UNP 0.39%
226. VICI PROPERTIES INC ORDINARY SHARES VICI 0.39%
227. YUM BRANDS INC YUM 0.39%
228. CBOE GLOBAL MARKETS INC CBOE 0.38%
229. GENERAL MILLS INC GIS 0.38%
230. JACK HENRY & ASSOCIATES INC JKHY 0.38%
231. MARSH MRSH 0.38%
232. n/a REYN 0.38%
233. PACCAR INC PCAR 0.38%
234. RLI CORP RLI 0.38%
235. TELUS CORP n/a 0.38%
236. WILLIS TOWERS WATSON PLC WTW 0.38%
237. ARTHUR J. GALLAGHER & CO AJG 0.37%
238. CONSTELLATION BRANDS INC CLASS A STZ 0.37%
239. HORMEL FOODS CORP HRL 0.37%
240. STRYKER CORP SYK 0.37%
241. COMCAST CORP CLASS A CMCSA 0.36%
242. DREYFUS GOVT CM INST 289 n/a 0.16%
243. CASH n/a 0.00%
Holdings data last updated Oct 12, 2026 7:08 AM .
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