(FDL) First Trust Morningstar - Ratings and Ratios

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US3369171091

High-Yield, Dividend, Stocks, 100

Risk via 10d forecast
Volatility 12.2%
Value at Risk 5%th 20.4%
Relative Tail Risk 1.42%
Reward TTM
Sharpe Ratio 0.40
Alpha -0.48
Character TTM
Hurst Exponent 0.384
Beta 0.516
Beta Downside 0.688
Drawdowns 3y
Max DD 14.66%
Mean DD 3.81%
Median DD 2.63%

Description: FDL First Trust Morningstar November 05, 2025

The First Trust Morningstar Dividend Leaders Index Fund (FDL) is a U.S.-based large-value ETF that aims to track an index of the 100 highest-yielding U.S. stocks with a documented history of consistent dividend payments and demonstrable capacity to maintain those payouts. By mandate, the fund invests at least 90 % of its net assets-including any investment-borrowed capital-directly in the securities that compose the index, resulting in a relatively concentrated, non-diversified portfolio.

Key metrics to watch: the fund’s expense ratio sits around 0.55 % (above the low-cost average for broad-market ETFs, which is ~0.15 %), and its weighted average dividend yield typically ranges between 3.5 % and 4.5 % depending on interest-rate environments. Because the underlying stocks are dividend-focused, the portfolio leans heavily toward mature sectors such as utilities, consumer staples, and financials, making it sensitive to changes in interest rates and inflation expectations. Historically, the index’s turnover rate hovers near 20 % annually, indicating moderate portfolio churn that can affect tax efficiency.

If you want a deeper, data-driven view of how FDL’s dividend-yield profile stacks up against peers and macro trends, ValueRay offers a free analytics dashboard that can help you quantify those dynamics.

FDL ETF Overview

Market Cap in USD 5,844m
Category Large Value
TER 0.45%
IPO / Inception 2006-03-09
Return 12m vs S&P 500 -4.45%
Analyst Rating -

FDL Dividends

Dividend Yield 4.64%
Yield on Cost 5y 8.76%
Yield CAGR 5y 10.75%
Payout Consistency 95.8%
Payout Ratio -

FDL Growth Ratios

CAGR 3y 10.77%
CAGR/Max DD Calmar Ratio 0.73
CAGR/Mean DD Pain Ratio 2.83
Current Volume 582.1k
Average Volume 756k

What is the price of FDL shares?

As of November 14, 2025, the stock is trading at USD 43.70 with a total of 582,100 shares traded.
Over the past week, the price has changed by +2.87%, over one month by +2.78%, over three months by +1.26% and over the past year by +8.83%.

Is First Trust Morningstar a good stock to buy?

Yes. Based on ValueRay's Analyses, First Trust Morningstar (NYSE ARCA:FDL) is currently (November 2025) a good stock to buy. It has a ValueRay Growth Rating of 72.20 and therefor a clear technical positive rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FDL is around 44.73 USD . This means that FDL is currently overvalued and has a potential downside of 2.36%.

Is FDL a buy, sell or hold?

First Trust Morningstar has no consensus analysts rating.

What are the forecasts/targets for the FDL price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 50 14.4%

FDL Fundamental Data Overview November 11, 2025

Market Cap USD = 5.84b (5.84b USD * 1.0 USD.USD)
Beta = 0.75
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 5.84b USD (5.84b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 5.84b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 5.84b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.78% (E(5.84b)/V(5.84b) * Re(8.78%) + (debt-free company))
Discount Rate = 8.78% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for FDL ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle