(FDL) Morningstar Dividend Leaders - Overview
Etf: Dividend, Stocks, High-Yield, Index, Non-Diversified
Dividends
| Dividend Yield | 4.16% |
| Yield on Cost 5y | 7.33% |
| Yield CAGR 5y | 2.31% |
| Payout Consistency | 95.5% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 12.8% |
| Relative Tail Risk | -0.83% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.28 |
| Alpha | 15.38 |
| Character TTM | |
|---|---|
| Beta | 0.506 |
| Beta Downside | 0.674 |
| Drawdowns 3y | |
|---|---|
| Max DD | 14.66% |
| CAGR/Max DD | 1.04 |
Description: FDL Morningstar Dividend Leaders January 08, 2026
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. equities with a consistent dividend-payment history and demonstrated ability to sustain those payouts. By mandate, the fund allocates at least 90 % of its net assets-including any investment-borrowed capital-to the constituent securities, resulting in a relatively concentrated, non-diversified portfolio.
Key metrics (as of the most recent filing) include an expense ratio of 0.45 %, a weighted-average dividend yield of roughly 4.2 % (versus the S&P 500’s ~1.5 % yield), and a sector tilt toward utilities, consumer staples, and financials-segments historically less sensitive to cyclical downturns. The fund’s performance is closely linked to interest-rate environments: rising rates can pressure high-yield stocks, while a stable or declining rate backdrop tends to support dividend-focused strategies.
For a deeper, data-driven view of how FDL’s valuation and risk profile compare to peers, you might explore its analytics on ValueRay.
What is the price of FDL shares?
Over the past week, the price has changed by +5.10%, over one month by +11.95%, over three months by +19.85% and over the past year by +25.09%.
Is FDL a buy, sell or hold?
What are the forecasts/targets for the FDL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 59.9 | 19.1% |
FDL Fundamental Data Overview February 07, 2026
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 = 6.44b USD (6.44b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 6.44b)
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 6.44b / 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 = 7.78% (E(6.44b)/V(6.44b) * Re(7.78%) + (debt-free company))
Discount Rate = 7.78% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)