First Trust Morningstar Dividend Leaders Index Fund (FDL)Large Value | Exchange Traded Fund | NYSEArca
50.20 USD
+0.40
(0.803%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 50.21 +0.01 (0.020%) ⇧ (July 13, 2026, 6:13 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 4:48 a.m. EDT
This fund represents a compelling core holding for income-focused investors, though it faces headwinds regarding relative performance. The underlying business quality is robust, evidenced by a nearly 60% cumulative gain over the last nine years and a consistent upward trajectory with no recent annual declines. This long-term resilience supports a strong buy rating for multi-year horizons. However, the fund is currently underperforming its peers, with headlines noting it is 'underwhelming' against other dividend ETFs despite being up 12% this year. This relative weakness creates a drag on the short-term outlook, preventing a full bullish conviction despite the solid fundamentals. On the income front, the yield is attractive at 3.8%, but the payout has shown volatility recently, with distributions fluctuating significantly between quarters, suggesting the yield is not yet fully stabilized at a premium level. |
| Model | MAE |
|---|---|
| MSTL_126 ✓ | 0.007890 |
| AutoTheta | 0.009196 |
| AutoETS | 0.009982 |
| AutoARIMA | 0.009982 |
| MSTL_79 | 0.010216 |
| MSTL | 0.010290 |
| MSTL_79_126 | 0.015057 |
Forecast horizon: 60 days | Selected: MSTL_126
| Forecast Reliability | |
|---|---|
| Score | 61% |
| H-stat | 2.00 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.728 |
| Excess Kurtosis | -0.09 |
| Attribute | Value |
|---|---|
| Trailing P/E | 16.01 |
As of July 11, 2026, 4:48 a.m. EDT: Options activity is sparse and lacks directional conviction. Call volume is negligible across expirations, while put activity is virtually non-existent. The lack of significant open interest or unusual flow suggests speculators are largely on the sidelines rather than positioning for a sharp move in either direction.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.96% | 3.98% | 4.49% | 4.49% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-25 | 0.473 | 0.962360 |
| 2026-03-26 | 0.401 | 0.796900 |
| 2025-12-12 | 0.550 | 1.239297 |
| 2025-09-25 | 0.424 | 0.986047 |
| 2025-06-26 | 0.458 | 1.097006 |
| 2025-03-27 | 0.357 | 0.831199 |
| 2024-12-31 | 0.300 | 0.745157 |
| 2024-12-13 | 0.490 | 1.184720 |
| 2024-09-26 | 0.388 | 0.936519 |
| 2024-06-27 | 0.485 | 1.288523 |
| 2024-03-21 | 0.332 | 0.876683 |
| 2023-12-22 | 0.517 | 1.446154 |
| 2023-09-22 | 0.361 | 1.070581 |
| 2023-06-27 | 0.457 | 1.362959 |
| 2023-03-24 | 0.310 | 0.910159 |
| 2022-12-23 | 0.389 | 1.066045 |
| 2022-09-23 | 0.402 | 1.215971 |
| 2022-06-24 | 0.237 | 0.661642 |
| 2022-03-25 | 0.279 | 0.742021 |
| 2021-12-30 | 0.345 | 0.971010 |
| 2021-12-23 | 0.428 | 1.216255 |
| 2021-09-23 | 0.275 | 0.831067 |
| 2021-06-24 | 0.348 | 1.048193 |
| 2021-03-25 | 0.237 | 0.733292 |
| 2020-12-24 | 0.368 | 1.253406 |
| 2020-09-24 | 0.299 | 1.176239 |
| 2020-06-25 | 0.369 | 1.464286 |
| 2020-03-26 | 0.290 | 1.270258 |
| 2019-12-13 | 0.357 | 1.113190 |
| 2019-09-25 | 0.382 | 1.235846 |
| 2019-06-14 | 0.255 | 0.844651 |
| 2019-03-21 | 0.229 | 0.759284 |
| 2018-12-18 | 0.352 | 1.272136 |
| 2018-09-14 | 0.242 | 0.810992 |
| 2018-06-21 | 0.262 | 0.926122 |
| 2018-03-22 | 0.226 | 0.811199 |
| 2017-12-21 | 0.289 | 0.960771 |
| 2017-09-21 | 0.213 | 0.739840 |
| 2017-06-22 | 0.238 | 0.838619 |
| 2017-03-23 | 0.216 | 0.749480 |
| 2016-12-21 | 0.266 | 0.953405 |
| 2016-09-21 | 0.201 | 0.738156 |
| 2016-06-22 | 0.180 | 0.679758 |
| 2016-03-23 | 0.168 | 0.662722 |
| 2015-12-23 | 0.246 | 1.027140 |
| 2015-09-23 | 0.192 | 0.876312 |
| 2015-06-24 | 0.219 | 0.945188 |
| 2015-03-25 | 0.208 | 0.896552 |
| 2014-12-23 | 0.216 | 0.890722 |
| 2014-09-23 | 0.202 | 0.859209 |
| 2014-06-24 | 0.193 | 0.812632 |
| 2014-03-25 | 0.192 | 0.865645 |
| 2013-12-18 | 0.196 | 0.911204 |
| 2013-09-20 | 0.115 | 0.543222 |
| 2013-06-21 | 0.194 | 0.950980 |
| 2013-03-21 | 0.181 | 0.894711 |
| 2012-12-21 | 0.206 | 1.108719 |
| 2012-09-21 | 0.180 | 0.937500 |
| 2012-06-21 | 0.166 | 0.914097 |
| 2012-03-21 | 0.157 | 0.888512 |
| 2011-12-21 | 0.143 | 0.826112 |
| 2011-09-21 | 0.136 | 0.847880 |
| 2011-06-21 | 0.181 | 1.087087 |
| 2011-03-22 | 0.150 | 0.927070 |
| 2010-12-21 | 0.141 | 0.891277 |
| 2010-09-21 | 0.134 | 0.888594 |
| 2010-06-22 | 0.166 | 1.193386 |
| 2010-03-23 | 0.137 | 0.938999 |
| 2009-12-22 | 0.173 | 1.208101 |
| 2009-09-22 | 0.154 | 1.169324 |
| 2009-06-23 | 0.102 | 0.867347 |
| 2009-03-23 | 0.143 | 1.397850 |
| 2008-12-23 | 0.180 | 1.435407 |
| 2008-09-22 | 0.196 | 1.182147 |
| 2008-06-23 | 0.223 | 1.494638 |
| 2008-03-24 | 0.206 | 1.101604 |
| 2007-12-21 | 0.263 | 1.276699 |
| 2007-09-21 | 0.220 | 0.943801 |
| 2007-06-21 | 0.200 | 0.837872 |
| 2007-03-23 | 0.200 | 0.839278 |
| 2006-12-21 | 0.200 | 0.853242 |
| 2006-09-25 | 0.200 | 0.892459 |
| 2006-06-23 | 0.200 | 0.986680 |
| Attribute | Value |
|---|---|
| All Time High | 51.46 |
| All Time Low | 7.71 |
| Ask | 0.0 |
| Ask Size | 2,900 |
| Average Daily Volume10 Day | 1,060,240 |
| Average Daily Volume3 Month | 806,303 |
| Average Volume | 806,303 |
| Average Volume10Days | 1,060,240 |
| Beta3 Year | 0.39 |
| Bid | 0.0 |
| Bid Size | 2,400 |
| Category | Large Value |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 50.5199 |
| Day Low | 50.08 |
| Dividend Yield | 3.8 |
| Eps Trailing Twelve Months | 3.1364655 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 49.8688 |
| Fifty Day Average Change | 0.33119965 |
| Fifty Day Average Change Percent | 0.00664142 |
| Fifty Two Week Change Percent | 15.518438 |
| Fifty Two Week High | 51.46 |
| Fifty Two Week High Change | -1.2599983 |
| Fifty Two Week High Change Percent | -0.024485005 |
| Fifty Two Week Low | 41.74 |
| Fifty Two Week Low Change | 8.459999 |
| Fifty Two Week Low Change Percent | 0.20268324 |
| Fifty Two Week Range | 41.74 - 51.46 |
| First Trade Date Milliseconds | 1,142,433,000,000 |
| Five Year Average Return | 0.1278617 |
| Full Exchange Name | NYSEArca |
| Fund Family | First Trust |
| Fund Inception Date | 1,141,862,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to measure the performance of the 100 highest-yielding stocks that have a consistent record of dividend payment and have the ability to sustain their dividend payments. It is non-diversified. |
| Long Name | First Trust Morningstar Dividend Leaders Index Fund |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_26365668 |
| Nav Price | 49.45 |
| Net Assets | 7,288,230,400.0 |
| Net Expense Ratio | 0.43 |
| Open | 50.15 |
| Phone | 630-241-4141 |
| Post Market Change | 0.0099983215 |
| Post Market Change Percent | 0.019916974 |
| Post Market Price | 50.21 |
| Post Market Time | 1,783,980,809 |
| Previous Close | 49.8 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.400002 |
| Regular Market Change Percent | 0.803216 |
| Regular Market Day High | 50.5199 |
| Regular Market Day Low | 50.08 |
| Regular Market Day Range | 50.08 - 50.5199 |
| Regular Market Open | 50.15 |
| Regular Market Previous Close | 49.8 |
| Regular Market Price | 50.2 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 1,036,192 |
| Short Name | First Trust Morningstar ETF |
| Source Interval | 15 |
| Symbol | FDL |
| Three Year Average Return | 0.18229231 |
| Total Assets | 7,288,230,400 |
| Tradeable | 0 |
| Trailing P E | 16.005278 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -3.29085 |
| Trailing Three Month Returns | -3.29085 |
| Triggerable | 1 |
| Two Hundred Day Average | 47.3486 |
| Two Hundred Day Average Change | 2.8514023 |
| Two Hundred Day Average Change Percent | 0.06022147 |
| Type Disp | ETF |
| Volume | 1,036,192 |
| Yield | 0.038 |
| Ytd Return | 11.68417 |