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First Trust Value Line Dividend Index Fund (FVD)

Mid-Cap Value | Exchange Traded Fund | NYSEArca
48.09 USD +0.12 (0.250%) ⇧ (Oct. 13, 2026, 4 p.m. EDT)
Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 11:34 a.m. EDT

The First Trust Value Line Dividend Index Fund presents as a stagnant, low-conviction holding currently trading near its 52-week lows. While the dividend yield of 2.39% offers modest income, it barely outpaces inflation and lacks the robustness of a true defensive compounder. Technically, the stock is underperforming its 50-day and 200-day averages, confirming a persistent downtrend rather than a healthy consolidation. The absence of any meaningful options flow suggests the market has effectively ignored this ETF, leaving it without a catalyst to spark renewed interest. Without evidence of a turnaround in the underlying value stocks or a shift in index composition, the outlook remains neutral-to-negative; investors seeking capital appreciation will likely find this vehicle unresponsive, while those relying solely on yield may find better alternatives elsewhere.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.017775
AutoETS0.018037
MSTL0.018615
AutoTheta0.023820

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 58%
H-stat 14.42
Ljung-Box p 0.000
Jarque-Bera p 0.027
Excess Kurtosis -0.34
Attribute Value
Trailing P/E 17.84

As of Oct. 10, 2026, 11:34 a.m. EDT: Options activity is virtually dormant with negligible open interest and volume across both calls and puts. Implied volatility is extremely low (under 40%), indicating a lack of speculative positioning or hedging demand. The market appears indifferent to near-term directional moves.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.54% 2.39% 2.36% 2.31%
Dividend History
Date Dividend Yield %
2026-09-24 0.256 0.540198
2026-06-25 0.291 0.606629
2026-03-26 0.257 0.550557
2025-12-12 0.319 0.691374
2025-09-25 0.252 0.554944
2025-06-26 0.256 0.577096
2025-03-27 0.261 0.586517
2024-12-13 0.275 0.611519
2024-09-26 0.228 0.503979
2024-06-27 0.280 0.686611
2024-03-21 0.189 0.453564
2023-12-22 0.293 0.727408
2023-09-22 0.183 0.479434
2023-06-27 0.265 0.667002
2023-03-24 0.208 0.536359
2022-12-23 0.275 0.686299
2022-09-23 0.202 0.543449
2022-06-24 0.170 0.434449
2022-03-25 0.186 0.441595
2022-02-25 0.045 0.109622
2021-12-23 0.232 0.550546
2021-09-23 0.158 0.395494
2021-06-24 0.189 0.476791
2021-03-25 0.176 0.467091
2020-12-24 0.211 0.609122
2020-09-24 0.187 0.608922
2020-06-25 0.221 0.736421
2020-03-26 0.192 0.683761
2019-12-13 0.201 0.565242
2019-09-25 0.222 0.639033
2019-06-14 0.163 0.485842
2019-03-21 0.146 0.450896
2018-12-18 0.235 0.794456
2018-09-14 0.164 0.512660
2018-06-21 0.194 0.642171
2018-03-22 0.134 0.454237
2017-12-21 0.205 0.666884
2017-09-21 0.132 0.446247
2017-06-22 0.164 0.557823
2017-03-23 0.147 0.507772
2016-12-21 0.173 0.613693
2016-09-21 0.126 0.464773
2016-06-22 0.146 0.551985
2015-12-23 0.163 0.676629
2015-09-23 0.135 0.597081
2015-06-24 0.148 0.620545
2015-03-25 0.114 0.475992
2014-12-23 0.155 0.636812
2014-09-23 0.118 0.523514
2014-06-24 0.138 0.607394
2014-03-25 0.184 0.852246
2013-12-18 0.126 0.599144
2013-09-20 0.121 0.597826
2013-06-21 0.134 0.698644
2013-03-21 0.107 0.562862
2012-12-21 0.150 0.860585
2012-09-21 0.125 0.714694
2012-06-21 0.123 0.753676
2012-03-21 0.101 0.601549
2011-12-21 0.128 0.808591
2011-09-21 0.095 0.653370
2011-06-21 0.104 0.653677
2011-03-22 0.091 0.585209
2010-12-21 0.125 0.830013
2010-09-21 0.088 0.622788
2010-06-22 0.104 0.776119
2010-03-23 0.088 0.625000
2009-12-22 0.092 0.687593
2009-09-22 0.088 0.695103
2009-06-23 0.105 0.957156
2009-03-23 0.093 0.925373
2008-12-23 0.126 1.138211
2008-09-22 0.102 0.707351
2008-06-23 0.116 0.804438
2008-03-24 0.105 0.705171
2007-12-21 0.125 0.785669
2007-09-21 0.120 0.716418
2007-06-21 0.110 0.644028
2007-03-23 0.110 0.644028
2006-12-06 1.578 9.604382
2006-11-01 0.088 0.506912
2006-10-02 0.088 0.525060
2006-09-01 0.088 0.531722
2006-08-01 0.088 0.548287
2006-07-03 0.088 0.585106
2006-06-01 0.108 0.751566
2006-03-01 0.108 0.742779
2005-12-19 1.808 12.969871
2005-09-01 0.103 0.691739
2005-06-01 0.100 0.684463
2005-03-04 0.095 0.641026
2004-12-20 1.010 6.927298
2004-09-01 0.093 0.647632
2004-06-01 0.090 0.654545
2004-03-01 0.085 0.582591
2003-12-01 0.228 1.626248
Additional Data
trailingAnnualDividendRate 0.811
trailingAnnualDividendYield 0.0169064
dividendYield 2.39

Info Dump

Attribute Value
All Time High 51.41
All Time Low 8.18
Ask 49.0
Ask Size 1,100
Average Daily Volume10 Day 613,190
Average Daily Volume3 Month 526,568
Average Volume 526,568
Average Volume10Days 613,190
Beta3 Year 0.45
Bid 47.0
Bid Size 100
Book Value 35.095
Category Mid-Cap Value
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 48.285
Day Low 47.765
Display Name Value Line Dividend Index Fund
Dividend Yield 2.39
Eps Trailing Twelve Months 2.6957061
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 49.28
Fifty Day Average Change -1.1899986
Fifty Day Average Change Percent -0.0241477
Fifty Two Week Change Percent 4.8169136
Fifty Two Week High 51.41
Fifty Two Week High Change -3.3199997
Fifty Two Week High Change Percent -0.06457887
Fifty Two Week Low 44.63
Fifty Two Week Low Change 3.459999
Fifty Two Week Low Change Percent 0.07752631
Fifty Two Week Range 44.63 - 51.41
Financial Currency USD
First Trade Date Milliseconds 1,061,991,000,000
Five Year Average Return 0.0611127
Full Exchange Name NYSEArca
Fullday Change 0.12459946
Fullday Change Percent 0.25974452
Fullday Price 48.5
Fund Family First Trust
Fund Inception Date 1,061,251,200
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 seeks to measure the performance of the securities ranked #1 or #2 according to the index provider's proprietary Value Line® Safety™ Ranking System (the "Safety Ranking System") that are also still expected to provide above-average dividend yield.
Long Name First Trust Value Line Dividend Index Fund
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_6115252
Nav Price 47.96
Net Assets 7,550,688,300.0
Net Expense Ratio 0.62
Open 48.25
Phone 630-241-4141
Pre Market Change 0.40999985
Pre Market Change Percent 0.8525678
Pre Market Price 48.5
Pre Market Time 1,791,979,223
Previous Close 47.97
Price Hint 2
Price To Book 1.3702806
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.119999
Regular Market Change Percent 0.250154
Regular Market Day High 48.285
Regular Market Day Low 47.765
Regular Market Day Range 47.765 - 48.285
Regular Market Open 48.25
Regular Market Previous Close 47.97
Regular Market Price 48.09
Regular Market Time 1,791,921,600
Regular Market Volume 379,459
Shares Outstanding 189,738,000
Short Name First Trust VL Dividend
Source Interval 15
Symbol FVD
Three Year Average Return 0.1152919
Total Assets 7,550,688,256
Tradeable 0
Trailing Annual Dividend Rate 0.811
Trailing Annual Dividend Yield 0.0169064
Trailing P E 17.839481
Trailing Peg Ratio None
Trailing Three Month Nav Returns -2.131
Trailing Three Month Returns -2.131
Triggerable 1
Two Hundred Day Average 48.3598
Two Hundred Day Average Change -0.26979828
Two Hundred Day Average Change Percent -0.0055789785
Type Disp ETF
Volume 379,459
Yield 0.0239
Ytd Return 3.51695