FDL vs RDVY: Holdings Overlap
FDLFirst Trust Morningstar Dividend Leaders Index Fund
First Trust · 86 holdings · $7.8B · as of 2026-03-31
RDVYFirst Trust Rising Dividend Achievers ETF
First Trust · 73 holdings · $25.6B · as of 2026-03-31
How similar are FDL and RDVY?
First Trust Morningstar Dividend Leaders Index Fund (FDL, by First Trust) holds 86 positions; First Trust Rising Dividend Achievers ETF (RDVY, by First Trust) holds 73. They have 3 holdings in common, and by portfolio weight the two funds are 3.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3FDL holds 86 · RDVY holds 73
- Weight in Shared Holdings
- FDL 4%·RDVY 4%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in FDL
83 of 86 positions (95.4% of the fund) are not held by RDVY. Showing the top 30 by weight.
Sector Breakdown
| Sector | FDL | RDVY |
|---|---|---|
| Financials | 13.8% | 35.3% |
| Energy | 28.9% | 2.5% |
| Information Technology | 1.0% | 21.5% |
| Health Care | 17.2% | 4.5% |
| Industrials | 3.4% | 16.2% |
| Other Sectors | 35.5% | 20.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FDL | +3.6% | +19.1% | +27.6% | +18.9% | +14.1% | +11.1% | 3.56% |
| RDVY | +4.5% | +20.5% | +32.6% | +20.8% | +13.2% | +16.3% | 0.81% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in FDL vs RDVY →
Shared Holdings(3)
The top 3 shared positions account for 100% of the overlap, led by PNC, USB and RF.
Frequently Asked Questions
How much do FDL and RDVY overlap?
FDL and RDVY overlap by 3.4% of portfolio weight. They share 3 holdings (FDL holds 86 positions and RDVY holds 73), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FDL and RDVY?
The two portfolios are 3.4% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FDL and RDVY?
The largest positions held by both funds are PNC, USB and RF. Together the top 3 shared positions account for 100% of the total overlap.
What does FDL own that RDVY doesn't?
83 positions (95.4% of FDL) are unique to FDL, led by XOM, CVX and VZ. In the other direction, 70 positions (95.8% of RDVY) are unique to RDVY.