First Trust Value Line Dividend Index Fund (FVD) is a US dividend ETF. As of October 28, 2026, ETF Copilot scores FVD 5.2 out of 10 — highest on Risk (9.7), lowest on Growth (2.3). It trades at 18.4 times earnings, against its own median of 18.9. Its ten largest holdings are 5% of the fund.
What stands out in FVD's data
U.S. dividend stocks screened for stable payouts.
Swings less than nearly any peer in its group — a calmer ride through market moves.
3-year volatility of 11.1% ranks among the cheapest 10% of dividend-stock funds, below the category median of 13.2%.
A calmer dividend sleeve that pairs with a higher-risk core for smoother total returns.
Why did FVD move this week? It rose 0.6% in the week to October 28, 2026 — Lockheed Martin and Nasdaq drove it
FVD rose 0.6% in the week to October 28, 2026. The holdings that moved it most were Lockheed Martin (+14.2%), Nasdaq (+9.8%) and CSX (+7.4%); Graco (−17.9%) pushed the other way.
How is FVD rated? ETF Copilot scores First Trust Value Line Dividend Index Fund (FVD) 5.2 out of 10
As of October 28, 2026, ETF Copilot scores First Trust Value Line Dividend Index Fund (FVD) 5.2 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 5.2 / 10
- Growth: 2.3 / 10
- Value: 8.1 / 10
- Risk: 9.7 / 10
- Quality: 5.4 / 10
- Return: 2.9 / 10
FVD is ranked #1 of 10 in ETF Copilot's Defensive list.
Is FVD expensive right now? It trades at 18.4 times earnings, against its own median of 18.9
As of October 28, 2026, FVD is cheaper than 63% of its own last 9 years.
Trailing 12 months, built from FVD's holdings. How we calculate this →
What's inside FVD?
What's inside FVD: Size (Large 55%, Mid 38%, Small 7%); Geography (International 19%, US 82%); Tech 5.6%.
What are FVD's top holdings? The ten largest are 5% of the fund
Accenture, Cboe Global Markets, Lockheed Martin, Northwestern Energy, Pinnacle West Capital, Amgen, Waste Management, Keurig DR Pepper, CSX and Exxonmobil are FVD's largest holdings, in that order.
Less concentrated than 98% of Dividend US ETFs.
Half of FVD's weight sits in its 114 largest positions, and once those weights are taken into account it behaves like 237 equally weighted holdings.
What is FVD's expense ratio? 0.62% a year
As of October 28, 2026, FVD charges 0.62% a year, yields 2.27% and holds $8.0B in assets across 238 positions.
| Measure | FVD |
|---|---|
| Expense ratio | 0.62% |
| Dividend yield | 2.27% |
| Assets under management | $8.0B |
| 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.
Cite this
ETF Copilot, “First Trust Value Line Dividend Index Fund (FVD) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/fvd
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