Is FVD a good investment?

First Trust Value Line Dividend Index Fund (FVD) is a US dividend ETF. As of September 11, 2026, ETF Copilot scores FVD 4.7 out of 10 — highest on Valuation (9.3), lowest on Growth (1.9). It trades at 17.9 times earnings, against its own median of 18.8. Its ten largest holdings are 5% of the fund.

Updated September 11, 2026

How is FVD rated? ETF Copilot scores First Trust Value Line Dividend Index Fund (FVD) 4.7 out of 10

As of September 11, 2026, ETF Copilot scores First Trust Value Line Dividend Index Fund (FVD) 4.7 out of 10 overall.

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

Overall: 4.7 / 10
Growth: 1.9 / 10
Valuation: 9.3 / 10
Risk: 7.7 / 10
Quality: 5.0 / 10
Return: 2.3 / 10

FVD is ranked #2 of 10 in ETF Copilot's Defensive list.

What is FVD's expense ratio? 0.62% a year

As of September 11, 2026, FVD charges 0.62% a year, yields 2.97% and holds $8.1B in assets across 238 positions.

First Trust Value Line Dividend Index Fund (FVD) — cost, income and size
Measure	FVD
Expense ratio	0.62%
Dividend yield	2.97%
Assets under management	$8.1B
Holdings	238

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 FVD's data

U.S. dividend stocks screened for stable payouts.

Swings less than most dividend peers — a calmer ride through market turbulence.

Three-year volatility of 11.6% runs below the category median of 13.4%. It yields 3.0% and charges 0.6% annually.

A calmer dividend sleeve that pairs with a higher-risk core for smoother total returns.

Why did FVD move this week? It fell 2.7% in the week to September 11, 2026 — Novartis and Amgen drove it

FVD fell 2.7% in the week to September 11, 2026. The holdings that moved it most were Novartis (−15.9%), Amgen (−15.0%) and Arthur J Gallagher (−9.9%); Eaton (+7.1%) pushed the other way.

Is FVD expensive right now? It trades at 17.9 times earnings, against its own median of 18.8

As of September 11, 2026, FVD is cheaper than 76% of its own 114 monthly readings since 2017 — 27 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 FVD?

What's inside FVD: Size (Large 54%, Mid 38%, Small 9%); Geography (International 19%, US 81%); Tech 5.4%.

What are FVD's top holdings? The ten largest are 5% of the fund

Bank of Nova Scotia, Chevron, Shell, Toronto-Dominion Bank, Principal Financial, Williams, Totalenergies SE, Manulife Financial, Nisource and OGE Energy are FVD's largest holdings, in that order.

Less concentrated than 97% of Dividend US ETFs.

Half of FVD's weight sits in its 116 largest positions, and once those weights are taken into account it behaves like 238 equally weighted holdings.

Cite this

ETF Copilot, “First Trust Value Line Dividend Index Fund (FVD) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/fvd