FVD vs DLN: Holdings Overlap
FVDFirst Trust Value Line Dividend Index Fund
First Trust · 236 holdings · $8.4B · as of 2026-03-31
DLNWisdomTree U.S. LargeCap Dividend Fund
WisdomTree · 309 holdings · $6.4B · as of 2026-03-31
How similar are FVD and DLN?
First Trust Value Line Dividend Index Fund (FVD, by First Trust) holds 236 positions; WisdomTree U.S. LargeCap Dividend Fund (DLN, by WisdomTree) holds 309. They have 113 holdings in common, and by portfolio weight the two funds are 27.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 27.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 113FVD holds 236 · DLN holds 309
- Weight in Shared Holdings
- FVD 48%·DLN 51%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 FVD
123 of 236 positions (51.9% of the fund) are not held by DLN. Showing the top 30 by weight.
Sector Breakdown
| Sector | FVD | DLN |
|---|---|---|
| Utilities | 18.9% | 6.1% |
| Financials | 18.5% | 17.6% |
| Information Technology | 4.6% | 17.8% |
| Industrials | 15.1% | 8.6% |
| Health Care | 6.4% | 13.4% |
| Other Sectors | 31.6% | 36.5% |
| Unclassified | 4.7% | 0.0% |
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. “Unclassified” is weight we could not classify (5% of FVD, 0% of DLN).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FVD | +2.8% | +11.6% | +14.7% | +10.6% | +6.9% | +8.8% | 2.20% |
| DLN | +3.0% | +15.4% | +22.8% | +18.3% | +12.7% | +12.7% | 1.71% |
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 FVD vs DLN →
Shared Holdings(113)
The top 10 shared positions account for 16% of the overlap, led by BMY, ABBV and XOM.
 BMYBristol-Myers Squibb Company COM | 0.45% | 0.73% | 0.45% |
|---|---|---|---|
 ABBVAbbVie Inc. COM | 0.44% | 1.63% | 0.44% |
 XOMExxon Mobil Corp. COM | 0.44% | 2.77% | 0.44% |
 PFEPfizer Inc. COM | 0.44% | 1.00% | 0.44% |
 MRKMerck & Co., Inc COM | 0.44% | 1.41% | 0.44% |
 JNJJohnson & Johnson COM | 0.43% | 2.11% | 0.43% |
 NEENextEra Energy Inc COM | 0.43% | 0.72% | 0.43% |
 SOSouthern Co. COM | 0.43% | 0.51% | 0.43% |
 PEPPepsico Inc COM | 0.43% | 1.17% | 0.43% |
 DUKDuke Energy Corp COM NEW | 0.43% | 0.66% | 0.43% |
 BACBank of America Corp. COM | 0.43% | 1.04% | 0.43% |
 MOAltria Group, Inc. COM | 0.43% | 0.69% | 0.43% |
 AEPAmerican Electric Power Co, Inc. COM | 0.43% | 0.45% | 0.43% |
 GSGoldman Sachs Group, Inc. COM | 0.43% | 1.03% | 0.43% |
 UNPUnion Pacific Corporation COM | 0.43% | 0.48% | 0.43% |
 JPMJPMorgan Chase & Co. COM | 0.43% | 3.29% | 0.43% |
 GILDGilead Sciences Inc. COM | 0.43% | 0.92% | 0.43% |
 HONHoneywell International Inc. COM | 0.42% | 0.50% | 0.42% |
 PMPhilip Morris International Inc. COM | 0.42% | 1.41% | 0.42% |
 KOCoca-Cola Co (The) COM | 0.42% | 1.34% | 0.42% |
 CVXChevron Corp. COM | 0.42% | 2.27% | 0.42% |
 MCDMcDonald's Corp. COM | 0.42% | 0.76% | 0.42% |
 TMUST-Mobile US Inc COM | 0.42% | 0.66% | 0.42% |
 AMGNAmgen Inc. COM | 0.42% | 1.11% | 0.42% |
 PGThe Procter & Gamble Co. COM | 0.42% | 1.37% | 0.42% |
Frequently Asked Questions
How much do FVD and DLN overlap?
FVD and DLN overlap by 27.9% of portfolio weight. They share 113 holdings (FVD holds 236 positions and DLN holds 309), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FVD and DLN?
The two portfolios are 27.9% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of FVD and DLN?
The largest positions held by both funds are BMY, ABBV, XOM, PFE and MRK. Together the top 10 shared positions account for 16% of the total overlap.
What does FVD own that DLN doesn't?
123 positions (51.9% of FVD) are unique to FVD, led by RIO, SNY and AMX. In the other direction, 196 positions (48.5% of DLN) are unique to DLN.