FIRST TRUST VALUE LINE DIVIDEND INDEX FUND
The First Trust Value Line® Dividend Index Fund is an exchange-traded index fund. The objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of the Value Line® Dividend Index.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN
Flows are quiet — the past month netted out near zero, while the price has returned +9.8% so far this year. At 0.65% a year it is not the cheapest way in — FLOW runs the same ground at 0.25%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | -0.4% |
| 1 month | +2.8% |
| 3 months | +5.8% |
| 6 months | +2.7% |
| YTD | +9.8% |
| 1 year | +8.2% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat FVD on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IUSG iShares Core S&P U.S. Growth ETF | 0.04% | $33.8B | +$668M | -61bp on fee · 3× the assets · +$668M in over the month | Head-to-head |
| IUSV iShares Core S&P U.S. Value ETF | 0.04% | $28.1B | +$103M | -61bp on fee · 3× the assets · +$103M in over the month | Head-to-head |
| ILCG iShares Morningstar Growth ETF | 0.04% | $3.3B | +$7M | -61bp on fee · +$7M in over the month | Head-to-head |
| VUG Vanguard Growth Index Fund | 0.04% | $135.5B | — | -61bp on fee · 14× the assets | Head-to-head |
| VTV Vanguard Value Index Fund | 0.04% | $125.5B | — | -61bp on fee · 13× the assets | Head-to-head |