FDLFirst Trust Morningstar Dividend Leaders Index Fund
Dividend & Income ETF · First Trust
Holdings as of Mar 31, 2026
FDL is a Dividend & Income ETF from First Trust holding 86 positions as of Mar 31, 2026, with $7.8B in assets and a 0.43% net expense ratio. Its largest positions are XOM (11.1%), CVX (9.1%) and VZ (7.4%); the top 10 holdings account for 58.0% of the portfolio. By sector it leans Energy (28.9%) and Health Care (17.2%). It yields 3.56% on a trailing-12-month basis.
- Issuer
- First Trust
- Holdings
- 86
- Net Assets
- $7.8BETF assets as of 2026-08-10
- Expense Ratio
- 0.43%per latest SEC prospectus filing
- TTM Yield
- 3.56%trailing 12-month distributions
Performance
- 1M
- +3.6%
- YTD
- +19.1%
- 1Y
- +27.6%
- 3Y (ann.)
- +18.9%
- 5Y (ann.)
- +14.1%
- 10Y (ann.)
- +11.1%
A $10,000 investment 10 years ago would be worth $28,703 today at the 10Y annualized rate. This is a backward-looking illustration, not a forecast. Project its future growth →
Total returns including dividends as of 2026-08-07. 3Y/5Y/10Y annualized. Past performance does not predict future results.
Sector Breakdown
| Energy | 28.9% |
|---|---|
| Health Care | 17.2% |
| Consumer Staples | 14.1% |
| Financials | 13.8% |
| Communication Services | 11.0% |
| Other Sectors | 14.9% |
Top 25 Holdings
| # | Holding | Weight |
|---|---|---|
| 1 |  XOMExxon Mobil Corp. COM | 11.05% |
| 2 |  CVXChevron Corp. COM | 9.12% |
| 3 |  VZVerizon Communications Inc. COM | 7.36% |
| 4 |  PFEPfizer Inc. COM | 6.48% |
| 5 |  MRKMerck & Co., Inc COM | 5.51% |
| 6 |  PEPPepsico Inc COM | 4.76% |
| 7 |  MOAltria Group, Inc. COM | 4.45% |
| 8 |  BMYBristol-Myers Squibb Company COM | 3.26% |
| 9 |  UPSUnited Parcel Service, Inc. CL B | 3.03% |
| 10 |  COPConocoPhillips COM | 2.97% |
| 11 |  CMCSAComcast Corporation CL A | 2.82% |
| 12 |  USBU.S. Bancorp. COM NEW | 2.05% |
| 13 |  CVSCVS Health Corp COM | 1.96% |
| 14 |  OKEOneok Inc. COM | 1.77% |
| 15 |  PNCPNC Financial Services Group Inc. COM | 1.77% |
| 16 |  TFCTruist Financial Corp. COM | 1.64% |
| 17 |  EOGEOG Resources Inc. COM | 1.55% |
| 18 |  KMIKinder Morgan, Inc. COM | 1.47% |
| 19 |  FFord Motor Company COM | 1.42% |
| 20 |  TGTTarget Corp. COM | 1.33% |
| 21 |  PRUPrudential Financial, Inc. COM | 1.27% |
| 22 |  AEPAmerican Electric Power Co, Inc. COM | 1.24% |
| 23 |  EXCExelon Corp. COM | 1.02% |
| 24 |  FITBFifth Third Bancorp COM | 0.91% |
| 25 |  EIXEdison International COM | 0.88% |
Showing the top 25 of 86 holdings. See the full FDL holdings list →
FDL alternatives
The closest Dividend & Income ETFs to FDL by portfolio overlap — the share of weight both funds hold in the same securities.
| Fund | Overlap | Expense | Assets | |
|---|---|---|---|---|
 SCHDSchwab U.S. Dividend Equity ETF | 39% | 0.06%cheaper | $105.7B | Compare → |
 DVYiShares Select Dividend ETF | 38% | 0.38%cheaper | $23.8B | Compare → |
 HDViShares Core High Dividend ETF | 38% | 0.08%cheaper | $14.9B | Compare → |
 SPHDInvesco S&P 500 High Dividend Low Volatility ETF | 37% | 0.3%cheaper | $3.4B | Compare → |
 SPYDState Street® SPDR® Portfolio S&P 500® High Dividend ETF | 33% | 0.07%cheaper | $7.7B | Compare → |
 DLNWisdomTree U.S. LargeCap Dividend Fund | 19% | 0.28%cheaper | $6.4B | Compare → |
 VYMVanguard High Dividend Yield Index Fund | 17% | 0.04%cheaper | $83.4B | Compare → |
| 16% | 0.15%cheaper | $10.4B | Compare → |
Frequently Asked Questions
What is FDL's expense ratio?
FDL has a net expense ratio of 0.43%, per its latest SEC prospectus filing. That works out to about $43 a year on a $10,000 investment.
How many holdings does FDL have?
FDL held 86 positions as of Mar 31, 2026, per its latest official holdings data.
What are FDL's top 10 holdings?
FDL's largest positions are XOM (11.1%), CVX (9.1%), VZ (7.4%), PFE (6.5%), MRK (5.5%), PEP (4.8%), MO (4.5%), BMY (3.3%), UPS (3.0%), COP (3.0%). Together they account for 58.0% of the portfolio.
What is FDL's dividend yield?
FDL yields 3.56% based on its trailing 12-month distributions, as of Aug 7, 2026.
How big is FDL?
FDL has $7.8B in assets as of Aug 10, 2026.
What are good alternatives to FDL?
By portfolio overlap, the closest Dividend & Income ETFs to FDL are SCHD (39% overlap), DVY (38% overlap), HDV (38% overlap). Overlap measures the share of portfolio weight both funds hold in the same securities.