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First Trust NASDAQ Technology Dividend Index Fund
ETF
TDIV
Payout Change
Pending
Price as of:
$79.99
+0.32
+0.4%
primary theme
Technology Sector Equity
TDIV (ETF)
First Trust NASDAQ Technology Dividend Index Fund
Payout Change
Pending
Price as of:
$79.99
+0.32
+0.4%
primary theme
Technology Sector Equity
TDIV (ETF)
First Trust NASDAQ Technology Dividend Index Fund
Payout Change
Pending
Price as of:
$79.99
+0.32
+0.4%
primary theme
Technology Sector Equity
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
26.1%
1 yr return
33.6%
3 Yr Avg Return
11.9%
5 Yr Avg Return
16.3%
Net Assets
$2.37 B
Holdings in Top 10
54.8%
52 WEEK LOW AND HIGH
$79.7
$60.54
$82.13
Expenses
OPERATING FEES
Expense Ratio 0.50%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
TDIV - Profile
Distributions
- YTD Total Return 26.1%
- 3 Yr Annualized Total Return 11.9%
- 5 Yr Annualized Total Return 16.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.08%
- Dividend Yield 1.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFirst Trust NASDAQ Technology Dividend Index Fund
-
Fund Family NameFirst Trust Advisors L.P.
-
Inception DateAug 13, 2012
-
Shares Outstanding32305000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerStan Ueland
Fund Description
The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Index is owned and was developed by Nasdaq, Inc. (the “Index Provider”). The Index Provider may, from time to time, exercise reasonable discretion as it deems appropriate in order to ensure Index integrity.According to the Index Provider, the Index includes up to 100 technology and telecommunications companies that pay a regular or common dividend. To be selected for the Index, a company must be classified as a technology or telecommunications company under the Industry Classification Benchmark and meet the minimum size requirements of the index. The Index may include U.S.-listed securities of non-U.S. companies, including depositary receipts and companies located in emerging market countries. Pursuant to the Index methodology, securities of companies classified as technology companies are given a collective weight of 80% and the securities of companies classified as telecommunications companies are given a collective weight of 20%.According to the Index Provider, the Index employs a modified dividend value weighting methodology in which companies with a larger dividend value receive a larger Index weighting. The dividend value is calculated by multiplying dividends paid per share within the past 12 months by the current shares outstanding. The Index weighting methodology includes caps to prevent high concentrations of any stock.The Index is reconstituted semi-annually and rebalanced quarterly and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Index’s quarterly rebalance schedule may cause the Fund to experience a higher rate of portfolio turnover. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. As of December 31, 2023, the Index was comprised of 83 securities. As of December 31, 2023, the Fund had significant investments in information technology companies, although this may change from time to time.The Fund's investments will change as the Index changes and, as a result, the Fund may have significant investments in jurisdictions or investment sectors that it may not have had as of December 31, 2023. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector.
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TDIV - Performance
Return Ranking - Trailing
| Period | TDIV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 26.1% | -19.2% | 64.8% | 58.18% |
| 1 Yr | 33.6% | -12.3% | 84.5% | 64.55% |
| 3 Yr | 11.9%* | -32.3% | 19.0% | 6.48% |
| 5 Yr | 16.3%* | -10.4% | 32.5% | 62.50% |
| 10 Yr | 13.6%* | 1.1% | 26.8% | 79.74% |
* Annualized
Return Ranking - Calendar
| Period | TDIV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 34.1% | -5.6% | 96.9% | 73.52% |
| 2022 | -24.0% | -73.9% | -16.4% | 2.78% |
| 2021 | 27.0% | -44.6% | 51.5% | 12.09% |
| 2020 | 14.7% | 5.5% | 154.1% | 98.51% |
| 2019 | 30.0% | -3.0% | 63.7% | 67.02% |
Total Return Ranking - Trailing
| Period | TDIV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 26.1% | -19.2% | 64.8% | 58.18% |
| 1 Yr | 33.6% | -12.3% | 84.5% | 64.55% |
| 3 Yr | 11.9%* | -32.3% | 19.0% | 6.48% |
| 5 Yr | 16.3%* | -10.4% | 32.5% | 62.50% |
| 10 Yr | 13.6%* | 1.1% | 26.8% | 79.74% |
* Annualized
Total Return Ranking - Calendar
| Period | TDIV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 36.7% | -2.3% | 96.9% | 76.26% |
| 2022 | -22.1% | -67.5% | -5.9% | 4.63% |
| 2021 | 29.5% | -17.8% | 59.2% | 18.14% |
| 2020 | 17.5% | 17.5% | 157.5% | 100.00% |
| 2019 | 33.3% | 7.5% | 66.9% | 81.68% |
TDIV - Holdings
Concentration Analysis
| TDIV | Category Low | Category High | TDIV % Rank | |
|---|---|---|---|---|
| Net Assets | 2.37 B | 4.67 M | 81.2 B | 27.60% |
| Number of Holdings | 88 | 10 | 321 | 22.62% |
| Net Assets in Top 10 | 1.58 B | 1.67 M | 56.8 B | 28.51% |
| Weighting of Top 10 | 54.82% | 13.2% | 100.0% | 50.68% |
Top 10 Holdings
- International Business Machines Corp 8.45%
- Oracle Corp 8.43%
- Broadcom Inc 8.19%
- Microsoft Corp 7.97%
- Texas Instruments Inc 7.26%
- QUALCOMM Inc 3.75%
- Taiwan Semiconductor Manufacturing Co Ltd 3.66%
- Analog Devices Inc 2.90%
- ATT Inc 2.14%
- Verizon Communications Inc 2.08%
Asset Allocation
| Weighting | Return Low | Return High | TDIV % Rank | |
|---|---|---|---|---|
| Stocks | 99.86% | 0.00% | 100.77% | 23.08% |
| Cash | 0.14% | 0.00% | 26.97% | 78.28% |
| Preferred Stocks | 0.00% | 0.00% | 8.61% | 87.78% |
| Other | 0.00% | -0.04% | 26.87% | 82.81% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 83.71% |
| Bonds | 0.00% | 0.00% | 87.98% | 83.26% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | TDIV % Rank | |
|---|---|---|---|---|
| Technology | 83.04% | 2.80% | 100.00% | 21.27% |
| Communication Services | 16.31% | 0.00% | 97.05% | 10.41% |
| Industrials | 0.64% | 0.00% | 38.68% | 54.75% |
| Healthcare | 0.01% | 0.00% | 25.57% | 55.20% |
| Utilities | 0.00% | 0.00% | 5.17% | 83.26% |
| Real Estate | 0.00% | 0.00% | 15.05% | 87.33% |
| Financial Services | 0.00% | 0.00% | 38.36% | 95.93% |
| Energy | 0.00% | 0.00% | 1.24% | 83.71% |
| Consumer Defense | 0.00% | 0.00% | 5.64% | 86.88% |
| Consumer Cyclical | 0.00% | 0.00% | 32.97% | 97.29% |
| Basic Materials | 0.00% | 0.00% | 2.38% | 85.07% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | TDIV % Rank | |
|---|---|---|---|---|
| US | 99.86% | 0.00% | 100.77% | 15.84% |
| Non US | 0.00% | 0.00% | 63.81% | 91.86% |
TDIV - Expenses
Operational Fees
| TDIV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.50% | 0.08% | 5.04% | 87.73% |
| Management Fee | 0.50% | 0.03% | 1.95% | 19.00% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 29.51% |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| TDIV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| TDIV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| TDIV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.69% | 281.00% | 46.98% |
TDIV - Distributions
Dividend Yield Analysis
| TDIV | Category Low | Category High | TDIV % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.23% | 0.00% | 7.82% | 8.60% |
Dividend Distribution Analysis
| TDIV | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annual |
Net Income Ratio Analysis
| TDIV | Category Low | Category High | TDIV % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.08% | -2.30% | 2.08% | 0.46% |
Capital Gain Distribution Analysis
| TDIV | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 26, 2024 | $0.246 | OrdinaryDividend |
| Jun 27, 2024 | $0.366 | OrdinaryDividend |
| Mar 21, 2024 | $0.191 | OrdinaryDividend |
| Dec 22, 2023 | $0.450 | OrdinaryDividend |
| Sep 22, 2023 | $0.222 | OrdinaryDividend |
| Jun 27, 2023 | $0.263 | OrdinaryDividend |
| Mar 24, 2023 | $0.178 | OrdinaryDividend |
| Dec 23, 2022 | $0.418 | OrdinaryDividend |
| Sep 23, 2022 | $0.269 | OrdinaryDividend |
| Jun 24, 2022 | $0.293 | OrdinaryDividend |
| Mar 25, 2022 | $0.220 | OrdinaryDividend |
| Dec 23, 2021 | $0.441 | OrdinaryDividend |
| Sep 23, 2021 | $0.237 | OrdinaryDividend |
| Jun 24, 2021 | $0.267 | OrdinaryDividend |
| Mar 25, 2021 | $0.163 | OrdinaryDividend |
| Dec 24, 2020 | $0.401 | OrdinaryDividend |
| Sep 24, 2020 | $0.224 | OrdinaryDividend |
| Jun 25, 2020 | $0.191 | OrdinaryDividend |
| Mar 26, 2020 | $0.211 | OrdinaryDividend |
| Dec 13, 2019 | $0.324 | OrdinaryDividend |
| Sep 25, 2019 | $0.254 | OrdinaryDividend |
| Jun 14, 2019 | $0.228 | OrdinaryDividend |
| Mar 21, 2019 | $0.173 | OrdinaryDividend |
| Dec 18, 2018 | $0.312 | OrdinaryDividend |
| Sep 14, 2018 | $0.208 | OrdinaryDividend |
| Jun 21, 2018 | $0.247 | OrdinaryDividend |
| Mar 22, 2018 | $0.216 | OrdinaryDividend |
| Dec 21, 2017 | $0.196 | OrdinaryDividend |
| Sep 21, 2017 | $0.210 | OrdinaryDividend |
| Jun 22, 2017 | $0.239 | OrdinaryDividend |
| Mar 23, 2017 | $0.154 | OrdinaryDividend |
| Dec 21, 2016 | $0.145 | OrdinaryDividend |
| Sep 21, 2016 | $0.163 | OrdinaryDividend |
| Jun 22, 2016 | $0.177 | OrdinaryDividend |
| Mar 23, 2016 | $0.239 | OrdinaryDividend |
| Dec 23, 2015 | $0.142 | OrdinaryDividend |
| Sep 23, 2015 | $0.213 | OrdinaryDividend |
| Jun 24, 2015 | $0.166 | OrdinaryDividend |
| Mar 25, 2015 | $0.117 | OrdinaryDividend |
| Dec 23, 2014 | $0.218 | OrdinaryDividend |
| Sep 23, 2014 | $0.149 | OrdinaryDividend |
| Jun 24, 2014 | $0.151 | OrdinaryDividend |
| Mar 25, 2014 | $0.256 | OrdinaryDividend |
| Dec 18, 2013 | $0.150 | OrdinaryDividend |
| Sep 20, 2013 | $0.129 | OrdinaryDividend |
| Jun 21, 2013 | $0.070 | OrdinaryDividend |
| Mar 21, 2013 | $0.220 | OrdinaryDividend |
| Dec 21, 2012 | $0.165 | OrdinaryDividend |
| Sep 21, 2012 | $0.037 | OrdinaryDividend |
TDIV - Fund Manager Analysis
Managers
Stan Ueland
Start Date
Tenure
Tenure Rank
Aug 13, 2012
9.8
9.8%
Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.
Roger Testin
Start Date
Tenure
Tenure Rank
Aug 13, 2012
9.8
9.8%
Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.
Daniel Lindquist
Start Date
Tenure
Tenure Rank
Aug 13, 2012
9.8
9.8%
Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.
Jon Erickson
Start Date
Tenure
Tenure Rank
Aug 13, 2012
9.8
9.8%
Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.
David McGarel
Start Date
Tenure
Tenure Rank
Aug 13, 2012
9.8
9.8%
David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.
Chris Peterson
Start Date
Tenure
Tenure Rank
Mar 18, 2016
6.21
6.2%
Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.
Erik Russo
Start Date
Tenure
Tenure Rank
Feb 01, 2021
1.33
1.3%
Mr. Russo is a Vice President of First Trust. He is responsible for implementing the investment strategies of each portfolio of exchange-traded funds advised by First Trust in his role as a Portfolio Manager. Mr. Russo joined First Trust in January of 2010.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 32.43 | 8.25 | 1.41 |
