FVD vs PAPI
First Trust Value Line Dividend Fund against Parametric Equity Premium Income ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
34%
86 shared positions
Fee gap
33 bp
PAPI is cheaper
1-year return gap
0.6 pts
FVD is ahead
Larger fund
FVD
$7.7B
Side by side
| FVD | PAPI | |
|---|---|---|
| Fund | First Trust Value Line Dividend Fund | Parametric Equity Premium Income ETF |
| Issuer | First Trust | Eaton Vance |
| Category | Dividend | Covered Call |
| Expense ratio | 0.62% | 0.29% |
| Assets | $7.7B | $489M |
| Average daily dollar volume | $28M | $2.7M |
| Listed | Aug 19, 2003 | Oct 16, 2023 |
| FrenzyCap score | 66 | 78 |
| 1-month return | −2.8% | −2.2% |
| 3-month return | −3.3% | −2.2% |
| Year to date | +3.4% | +3.5% |
| 1-year return | +3.3% | +2.7% |
| 30-day volatility | 8.3% | 9.9% |
| Worst drawdown, 1 year | −8.1% | −8.4% |
| Trailing 12-month yield | 2.35% | 7.71% |
| Holdings | 251 | 194 |
| Top 10 weight | 4.3% | 7.5% |
| Look-through P/E | 19.9 | 22.9 |
| Holdings vs fair value | +8.6% | +11.7% |
| Holdings above 200-day average | 37% | 46% |
| Net flow, latest 3 reported months | −$252M thru Jun 2026 | +$63M thru Jun 2026 |
| 30-day implied volatility | 28.7% | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Jun 30, 2026SEC filing |
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
35% of FVD · 44% of PAPI| Holding | FVD | PAPI |
|---|---|---|
| REYN | 0.44% | 0.68% |
| RLI | 0.44% | 0.52% |
| IBM | 0.43% | 0.64% |
| MRK | 0.43% | 0.59% |
| LH | 0.43% | 0.54% |
| JNJ | 0.43% | 0.56% |
| DGX | 0.43% | 0.56% |
| ABBV | 0.43% | 0.64% |
| KMB | 0.43% | 0.57% |
| HD | 0.42% | 0.54% |
| BDX | 0.42% | 0.49% |
| CINF | 0.42% | 0.57% |
| KHC | 0.42% | 0.55% |
| AMCOR PLC | 0.42% | 0.55% |
| KDP | 0.41% | 0.57% |
| IDA | 0.41% | 0.54% |
| FOXA | 0.41% | 0.41% |
| BMY | 0.41% | 0.51% |
| TROW | 0.41% | 0.58% |
| STERIS PLC | 0.41% | 0.48% |
| AEP | 0.41% | 0.53% |
| CAG | 0.41% | 0.49% |
| ORI | 0.41% | 0.52% |
| DCI | 0.41% | 0.52% |
| ADP | 0.41% | 0.59% |
Sector mix of the stock holdings
| Sector | FVD | PAPI | Gap |
|---|---|---|---|
| Utilities | 19.2% | 12.0% | +7.2% |
| Financials | 18.1% | 9.4% | +8.7% |
| Industrials | 10.7% | 13.3% | −2.7% |
| Consumer Staples | 10.1% | 8.9% | +1.2% |
| Technology | 5.2% | 10.2% | −5.0% |
| Health Care | 7.0% | 7.9% | −0.9% |
| Consumer Discretionary | 4.8% | 10.0% | −5.2% |
| Materials | 4.1% | 10.1% | −6.0% |
| Energy | 1.9% | 6.6% | −4.7% |
| Real Estate | 8.1% | 0.0% | +8.1% |
| Communication Services | 3.5% | 3.1% | +0.4% |
More: full overlap table · FVD holdings · PAPI 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.