First Trust Value Line Dividend ETF FVD uses strict quality screens to avoid risky high-yielding stocks. Its emphasis on stable dividend payers should cut back on volatility and provide better risk-adjusted performance than the Russell 1000 Value Index. In recognition of the soundness of the fund's index construction, we have upgraded its Process Pillar rating to Above Average from Average, which results in an upgrade to its Morningstar Analyst Rating to Bronze from Neutral.
First Trust Value Line® Dividend ETF FVD
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FVD outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FVD’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FVD management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FVD’s parent organization’s priorities and whether they’re in line with investors’ interests.
A risk-controlled approach to dividend-paying stocks.
