FVD vs DVY: Holdings Overlap
FVDFirst Trust Value Line Dividend Index Fund
First Trust · 236 holdings · $8.4B · as of 2026-03-31
DVYiShares Select Dividend ETF
iShares · 100 holdings · $23.8B · as of 2026-04-30
Holdings snapshots are 30 days apart (FVD: 2026-03-31, DVY: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are FVD and DVY?
First Trust Value Line Dividend Index Fund (FVD, by First Trust) holds 236 positions; iShares Select Dividend ETF (DVY, by iShares) holds 100. They have 49 holdings in common, and by portfolio weight the two funds are 21.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 21.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 49FVD holds 236 · DVY holds 100
- Weight in Shared Holdings
- FVD 21%·DVY 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
187 of 236 positions (78.7% of the fund) are not held by DVY. Showing the top 30 by weight.
Sector Breakdown
| Sector | FVD | DVY |
|---|---|---|
| Financials | 18.5% | 24.9% |
| Utilities | 18.9% | 24.2% |
| Industrials | 15.1% | 2.1% |
| Consumer Staples | 10.4% | 13.5% |
| Energy | 3.4% | 9.0% |
| Other Sectors | 28.8% | 26.1% |
| 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 DVY).
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% |
| DVY | +1.3% | +16.5% | +23.7% | +16.0% | +10.6% | +10.3% | 3.25% |
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 DVY →
Shared Holdings(49)
The top 10 shared positions account for 21% of the overlap, led by ETR, XOM and PFE.
 ETREntergy Corporation COM | 0.46% | 0.94% | 0.46% |
|---|---|---|---|
 XOMExxon Mobil Corp. COM | 0.44% | 0.99% | 0.44% |
 PFEPfizer Inc. COM | 0.44% | 2.22% | 0.44% |
 GPCGenuine Parts Co COM | 0.44% | 1.14% | 0.44% |
 IDAIdacorp Inc COM | 0.44% | 0.67% | 0.44% |
 SONSonoco Products Company COM | 0.44% | 0.44% | 0.44% |
 ORIOld Republic International Corporation COM | 0.44% | 0.77% | 0.44% |
 CMSCMS Energy Corporation COM | 0.44% | 1.01% | 0.44% |
 MRKMerck & Co., Inc COM | 0.44% | 0.87% | 0.44% |
 EXCExelon Corp. COM | 0.44% | 1.13% | 0.44% |
 FEFirstEnergy Corp. COM | 0.44% | 1.19% | 0.44% |
 LNTAlliant Energy Corporation COM | 0.43% | 1.05% | 0.43% |
 PRUPrudential Financial, Inc. COM | 0.43% | 1.84% | 0.43% |
 PPLPPL Corporation COM | 0.43% | 1.01% | 0.43% |
 DDominion Energy Inc COM | 0.43% | 1.43% | 0.43% |
 CNPCenterpoint Energy Inc COM | 0.43% | 0.73% | 0.43% |
 WECWEC Energy Group Inc. COM | 0.43% | 1.15% | 0.43% |
 PNWPinnacle West Capital Corp. COM | 0.43% | 1.03% | 0.43% |
 XELXcel Energy Inc COM | 0.43% | 0.96% | 0.43% |
 NEENextEra Energy Inc COM | 0.43% | 0.98% | 0.43% |
 OGEOGE Energy Corporation COM | 0.43% | 0.84% | 0.43% |
 DTEDTE Energy Co. COM | 0.43% | 1.11% | 0.43% |
 NINiSource Inc. COM | 0.43% | 0.90% | 0.43% |
 MOAltria Group, Inc. COM | 0.43% | 2.29% | 0.43% |
 AEPAmerican Electric Power Co, Inc. COM | 0.43% | 1.03% | 0.43% |
Frequently Asked Questions
How much do FVD and DVY overlap?
FVD and DVY overlap by 21.0% of portfolio weight. They share 49 holdings (FVD holds 236 positions and DVY holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FVD and DVY?
The two portfolios are 21.0% 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 DVY?
The largest positions held by both funds are ETR, XOM, PFE, GPC and IDA. Together the top 10 shared positions account for 21% of the total overlap.
What does FVD own that DVY doesn't?
187 positions (78.7% of FVD) are unique to FVD, led by RIO, SNY and AMX. In the other direction, 51 positions (48.9% of DVY) are unique to DVY.