FDL vs SPHD
First Trust Morningstar Dividend Leaders Index Fund against Invesco S&P 500 High Dividend Low Volatility ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
41%
33 shared positions
Fee gap
13 bp
SPHD is cheaper
1-year return gap
15.3 pts
FDL is ahead
Larger fund
FDL
$7.6B
Side by side
| FDL | SPHD | |
|---|---|---|
| Fund | First Trust Morningstar Dividend Leaders Index Fund | Invesco S&P 500 High Dividend Low Volatility ETF |
| Issuer | First Trust | Invesco |
| Category | Dividend Growth | High Dividend |
| Expense ratio | 0.43% | 0.30% |
| Assets | $7.6B | $3.2B |
| Average daily dollar volume | $33M | $49M |
| Listed | Mar 9, 2006 | Oct 18, 2012 |
| FrenzyCap score | 68 | 78 |
| 1-month return | −4.4% | −4.5% |
| 3-month return | −0.9% | −6.4% |
| Year to date | +12.3% | +1.7% |
| 1-year return | +15.2% | −0.2% |
| 30-day volatility | 10.8% | 9.0% |
| Worst drawdown, 1 year | −8.1% | −10.2% |
| Trailing 12-month yield | 3.89% | 5.05% |
| Holdings | 101 | 61 |
| Top 10 weight | 48.1% | 28.5% |
| Look-through P/E | 16.6 | 18.2 |
| Holdings vs fair value | +14.0% | +15.4% |
| Holdings above 200-day average | 40% | 37% |
| Net flow, latest 3 reported months | +$272M thru Jun 2026 | −$29M thru May 2026 |
| 30-day implied volatility | 29.2% | 18.3% |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Oct 8, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
60% of FDL · 67% of SPHD| Holding | FDL | SPHD |
|---|---|---|
| PFE | 5.91% | 3.66% |
| VZ | 7.17% | 3.38% |
| MO | 4.64% | 2.89% |
| CMCSA | 3.13% | 2.41% |
| CVX | 7.43% | 2.26% |
| BMY | 3.43% | 2.11% |
| PEP | 4.84% | 1.96% |
| TFC | 1.70% | 1.82% |
| OKE | 1.69% | 2.32% |
| KMI | 1.54% | 1.78% |
| D | 1.50% | 1.66% |
| DUK | 2.21% | 1.50% |
| PRU | 1.31% | 2.38% |
| KMB | 1.23% | 2.03% |
| EXC | 1.15% | 1.54% |
| PAYX | 0.99% | 2.08% |
| KHC | 0.91% | 2.83% |
| PEG | 0.90% | 1.41% |
| EIX | 0.88% | 1.56% |
| GIS | 0.88% | 2.88% |
| HBAN | 0.84% | 1.44% |
| ES | 0.81% | 1.84% |
| TROW | 0.77% | 1.99% |
| FE | 0.68% | 1.68% |
| RF | 0.59% | 1.50% |
Sector mix of the stock holdings
| Sector | FDL | SPHD | Gap |
|---|---|---|---|
| Consumer Staples | 21.6% | 16.5% | +5.1% |
| Utilities | 18.8% | 18.3% | +0.5% |
| Financials | 13.5% | 12.6% | +0.9% |
| Communication Services | 11.1% | 8.6% | +2.5% |
| Real Estate | 0.0% | 19.3% | −19.3% |
| Health Care | 9.3% | 7.7% | +1.6% |
| Energy | 7.7% | 7.2% | +0.5% |
| Industrials | 5.8% | 5.7% | +0.0% |
| Materials | 3.0% | 2.0% | +1.0% |
| Consumer Discretionary | 2.2% | 1.7% | +0.5% |
| Technology | 0.9% | 0.0% | +0.9% |
More: full overlap table · FDL holdings · SPHD holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.