Is EDOW a good investment?

First Trust Dow 30 Equal Weight ETF (EDOW) is a equal-weight ETF. As of September 11, 2026, ETF Copilot scores EDOW 4.3 out of 10 — highest on Risk (8.4), lowest on Growth (1.2). It trades at 24.0 times earnings, against its own median of 20.6. Its ten largest holdings are 38% of the fund.

Updated September 11, 2026

How is EDOW rated? ETF Copilot scores First Trust Dow 30 Equal Weight ETF (EDOW) 4.3 out of 10

As of September 11, 2026, ETF Copilot scores First Trust Dow 30 Equal Weight ETF (EDOW) 4.3 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 4.3 / 10
Growth: 1.2 / 10
Valuation: 1.3 / 10
Risk: 8.4 / 10
Quality: 7.3 / 10
Return: 4.8 / 10

What is EDOW's expense ratio? 0.50% a year

As of September 11, 2026, EDOW charges 0.50% a year, yields 1.62% and holds $323M in assets across 30 positions.

First Trust Dow 30 Equal Weight ETF (EDOW) — cost, income and size
Measure	EDOW
Expense ratio	0.50%
Dividend yield	1.62%
Assets under management	$323M
Holdings	30

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in EDOW's data

Active U.S. equity factor rotation ETF with exposure to growth stocks.

Trades at a richer price than most peers — you pay more for each dollar of earnings.

Its trailing EBITDA multiple of 16.6x sits in the priciest 10% of the category, above the 15.3x median. Return on equity of 29.2% is exceptionally high.

Exposure note: balanced U.S. exposure with even weighting across major industrial and consumer firms.

Why did EDOW move this week? It fell 2.4% in the week to September 11, 2026 — Amgen and Salesforce.com drove it

EDOW fell 2.4% in the week to September 11, 2026. The holdings that moved it most were Amgen (−15.0%), Salesforce.com (−6.3%) and Merck (−5.5%); International Business Machines (+3.7%) pushed the other way.

Is EDOW expensive right now? It trades at 24.0 times earnings, against its own median of 20.6

As of September 11, 2026, EDOW is more expensive than 91% of its own 100 monthly readings since 2018 — 91 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside EDOW? 24% Tech

What's inside EDOW: Size (Large 100%, Mid 0%, Small 0%); Geography (International 0%, US 100%); Tech 24.3%; Magnificent 7 17.5%; AI 10.1%; Semiconductors 3.5%; Memory 4.8%.

What are EDOW's top holdings? The ten largest are 38% of the fund

Salesforce, Microsoft, Merck, The Travelers, JPMorgan Chase, Visa, Amgen, Chevron, Apple and Johnson & Johnson are EDOW's largest holdings, in that order.

More concentrated than 94% of Weight - Equal ETFs.

Half of EDOW's weight sits in its 14 largest positions, and once those weights are taken into account it behaves like 30 equally weighted holdings.

Cite this

ETF Copilot, “First Trust Dow 30 Equal Weight ETF (EDOW) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/edow