First Trust Value Line Dividend Index ETF (CAD-Hedged)First Trust Value Line Dividend Index ETF (CAD-Hedged)First Trust Value Line Dividend Index ETF (CAD-Hedged)

First Trust Value Line Dividend Index ETF (CAD-Hedged)

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Key stats


Assets under management (AUM)
‪5.46 M‬CAD
Fund flows (1Y)
Dividend yield (indicated)
2.21%
Discount/Premium to NAV
0.1%
Shares outstanding
‪149.69 K‬
Expense ratio
0.78%

About First Trust Value Line Dividend Index ETF (CAD-Hedged)


Issuer
AJM Ventures LLC
Brand
First Trust
Home page
Inception date
May 15, 2013
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Value Line Dividend
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
FT Portfolios Canada Co.
Distributor
FT Portfolios Canada Co.
ISIN
CA33740H1082
The fund seeks to deliver better-than-average dividend yields via an equal-weighted portfolio of dividend-paying stocks. It builds this portfolio in two steps: first, it uses Value Line's proprietary 'safety rating' system to select low-beta stocks from companies with strong balance sheets, and then it chooses the stocks with above-average yields and weights them equally. Excluded companies are those with more risky ranking, less than $1 billion in market cap, and lower average dividend yield compared to that of the S&P 500. FUDs equal-weighted approach results in a pronounced midcap tilt compared to its high-yield benchmark. The Index is rebalanced and reconstituted monthly.

Broaden your horizons with more funds linked to FUD via country, focus, and more.

Classification


Asset Class
Equity
Category
High dividend yield
Focus
High dividend yield
Niche
Broad-based
Strategy
Dividends
Geography
U.S.
Weighting scheme
Equal
Selection criteria
Dividends
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Utilities
Consumer Non-Durables
Stock breakdown by region
88%9%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FUD trades at 36.43 CAD today, its price has fallen −0.05% in the past 24 hours. Track more dynamics on FUD price chart.
FUD net asset value is 36.41 today — it's fallen 0.99% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FUD assets under management is ‪5.46 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FUD price has risen by 2.39% over the last month, and its yearly performance shows a 0.28% increase. See more dynamics on FUD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.99% over the last month, have fallen by −0.99% over the last month, showed a 3.91% increase in three-month performance and has increased by 2.48% in a year.
FUD fund flows account for 0.00 CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FUD invests in stocks. See more details in our Analysis section.
FUD expense ratio is 0.78%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FUD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FUD technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FUD shows the strong buy signal. See more of FUD technicals for a more comprehensive analysis.
Yes, FUD pays dividends to its holders with the dividend yield of 2.21%.
FUD trades at a premium (0.12%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FUD shares are issued by AJM Ventures LLC
FUD follows the Value Line Dividend. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 15, 2013.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.