First Trust Value Line® Dividend Index Fund (FVD)

Look-through valuation · Dividend · Expense ratio 0.65 % · ISIN US33734H1068

FVD First Trust Value Line® Dividend Index Fund FVD overvalued

Holdings vs fair value −20.2 % weighted average

Quality 61/100 avg alpha quality

Expense ratio 0.65 % per year (TER)

Fund size $ 8.1B yield 2.32 %

Coverage note: For this fund our data provider discloses only a small part of the positions, the look-through covers just 19 % of the weight so far. Read the average with caution.

Price history (since 2003)

Monthly close since 2003. Price shows performance, the valuation verdict is in the look-through above.

Top holdings

Holding	Weight	vs fair value	Quality
Arthur J Gallagher & Co AJG	0.5 %	−74.1 %	43
Thomson Reuters Corp TRI	0.5 %	n/a	n/a
Jack Henry & Associates Inc JKHY	0.5 %	−43.8 %	68
Brown & Brown Inc BRO	0.5 %	−48.6 %	46
Automatic Data Processing Inc ADP	0.4 %	−28.3 %	65
Aon PLC AON	0.4 %	−36.7 %	61
Paychex Inc PAYX	0.4 %	−10.7 %	68
Willis Towers Watson PLC WTW	0.4 %	−22.5 %	64
RLI Corp RLI	0.4 %	−1.8 %	67
Kraft Heinz Co KHC	0.4 %	−7.5 %	56
Verisk Analytics Inc VRSK	0.4 %	−24.2 %	67
The Allstate Corporation ALL	0.4 %	+110.1 %	71
Reinsurance Group of America RGA	0.4 %	+0.1 %	55
Welltower Inc WELL	0.4 %	−80.0 %	55
Ventas Inc VTR	0.4 %	−80.0 %	54
CNA Financial Corporation CNA	0.4 %	+22.9 %	58
Marsh & McLennan Companies Inc MMC	0.4 %	n/a	n/a
Fox Corp Class A FOXA	0.4 %	+59.8 %	70
Union Pacific Corporation UNP	0.4 %	−50.2 %	70
California Water Service Group CWT	0.4 %	−32.5 %	44
Chesapeake Utilities Corporation CPK	0.4 %	−30.5 %	39
Conagra Brands, Inc. CAG	0.4 %	−15.9 %	48
Reynolds Consumer Products Inc REYN	0.4 %	−30.6 %	65
Waste Management Inc WM	0.4 %	−45.0 %	59
Johnson & Johnson JNJ	0.4 %	−31.6 %	84

Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 50 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.

How the look-through works

An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives First Trust Value Line® Dividend Index Fund an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.

As of: Jul 17, 2026

No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.