EDOW
First Trust Dow 30 Equal Weight ETF·ARCA
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Key Stats
Assets Under Management
298.66MUSD
Fund Flows (1Y)
32.30MUSD
Dividend Yield
1.24%
Discount/Premium to NAV
0.14%
Shares Outstanding
6.85M
Expense Ratio
0.50%
About First Trust Dow 30 Equal Weight ETF
Issuer
First Trust Advisors L.P.
Brand
First Trust
Inception Date
Aug 8, 2017
Structure
Open-Ended Fund
Index Tracked
Dow Jones Industrial Average Equal Weight Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
First Trust Portfolios LP
Distributor
First Trust Portfolios LP
EDOW is the equal-weighted take on the Dow Jones Industrial Average Index (DJAI) which is a price-weighted index. The fund has the same exposure to DJIA, holding 30 large-cap US stocks issued by blue-chip companies covering a wide range of industries. In contrast, EDOW gives equal weight to the same 30 constituents, allowing each stock to contribute equally to the performance return. Equal weighting reduces concentration and individual stock risk. The underlying index is rebalanced on a quarterly basis, which provides a mechanism to systematically sell off positions that have appreciated and buy those that are lower. On December 14, 2020, the First Trust Mega Cap AlphaDex Fund (ticker: FMK) was merged into EDOW. Assets from FMK stood at just under $21.5 million, with 500,00 shares outstanding.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Large Cap
Niche
Broad-based
Strategy
Equal
Geography
U.S.
Weighting Scheme
Equal
Selection Criteria
Committee
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +3.46% | +7.97% | +5.93% | +14.62% | +46.15% | +55.96% |
NAV Total Return | +4.36% | +8.65% | +5.21% | +17.86% | +52.25% | +69.31% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Technology
17.50%
Financial Services
16.13%
Industrials
14.41%
Healthcare
13.85%
Consumer Cyclical
13.14%
Consumer Defensive
10.68%
Communication Services
6.88%
Energy
3.81%
Basic Materials
3.60%
Technology
17.50%
Financial Services
16.13%
Industrials
14.41%
Healthcare
13.85%
Consumer Cyclical
13.14%
Consumer Defensive
10.68%
Communication Services
6.88%
Energy
3.81%
Basic Materials
3.60%
Asset
Region
100%
Category
Ratio
North America
100.00%
Investment Style
Mega
Large
Medium
Multi
Small
Value
Blend
Growth
Large-Cap Blend
Invests in large-cap companies with both growth and value characteristics. These ETFs offer diversified exposure to stable, well-established companies.
Top 10 Holdings
Symbol
Ratio
HON
Honeywell
3.90%
MRK
Merck
3.86%
CVX
Chevron
3.81%
BA
The Boeing
3.78%
VZ
Verizon
3.75%
AMGN
Amgen
3.69%
JNJ
Johnson & Johnson
3.61%
SHW
The Sherwin-Williams
3.60%
WMT
Walmart
3.60%
PG
The Procter & Gamble
3.57%
Top 10 Weight 37.17%
31 Total Holdings
Is SPY better than EDOW?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-12 | 2025-12-12 | 2025-12-31 | 0.170 |
| 2025-09-25 | 2025-09-25 | 2025-09-30 | 0.131 |
| 2025-06-26 | 2025-06-26 | 2025-06-30 | 0.106 |
| 2025-03-27 | 2025-03-27 | 2025-03-31 | 0.135 |
| 2024-12-13 | 2024-12-13 | 2024-12-31 | 0.145 |
| 2024-09-26 | 2024-09-26 | 2024-09-30 | 0.156 |
| 2024-06-27 | 2024-06-27 | 2024-06-28 | 0.155 |
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How Much Does EDOW Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy EDOW?
Fund Flows
