EDOW First Trust Dow 30 Equal Weight ETF

*Unless otherwise stated, data provided by FactSet.

EDOW Fund Description

EDOW tracks an equal-weighted index of companies included in the Dow Jones Industrial Average.

EDOW Factset Analytics Insight

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.

PERFORMANCE [as of 10/05/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EDOW -- -- -- -- -- -- --
EDOW (NAV) -4.14% -3.93% -16.44% -12.43% 4.64% 6.93% --
Dow Jones Industrial Average Equal Weight Index -4.13% -3.85% -16.18% -12.02% 5.32% 7.59% --
MSCI USA Large Cap Index -3.40% -1.00% -20.59% -12.95% 10.59% 10.36% 12.25%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EDOW Summary Data

First Trust
08/08/17
Open-Ended Fund
0.50%
$121.81M
$706.53K
0.06%

EDOW Portfolio Data

$354.12B
15.30
3.62
2.08%
N/A
31

EDOW Index Data

Equal
Committee
MSCI USA Large Cap Index

EDOW Portfolio Management

0.50%
-0.60%
-0.39%
-0.83%

EDOW Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

EDOW Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

EDOW Factset Analytics Block Liquidity

As of 10/06/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of EDOW. EDOW is rated a 5 out of 5.

EDOW Tradability

25,884
$706.53K
19,323
$532.97K
0.06%
$0.02
0.02%
0.83% / -1.52%
None
100.00%
50,000
0.39
0.10%
0.01%
7
$26.15
5

EDOW Sector/Industry Breakdown


EDOW
Segment Benchmark
13.30%
--
12.73%
--
10.54%
--
10.27%
--
10.19%
--
10.02%
--
9.45%
--
6.42%
--
3.59%
--
3.54%
--

EDOW Countries


EDOW
Segment Benchmark
100.00%
99.88%
--
0.12%

EDOW Regions


EDOW
Segment Benchmark
100.00%
100.00%

EDOW Economic Development


EDOW
Segment Benchmark
100.00%
100.00%
0.00%
0.00%

EDOW Performance Statistics

0.88
0.74
0.80
0.77
0.50%
MSCI USA Large Cap Index

EDOW Benchmark Comparison Holdings

31
297
30
24.80%

EDOW Benchmark Comparison Summary


EDOW
Segment Benchmark
31
297
$354.12B
$587.10B
15.30
19.57
3.62
4.18
2.44%
1.55%
Medium
Medium

EDOW Benchmark Comparison Market Cap Size


EDOW
Segment Benchmark
99.84%
99.92%
0.00%
0.08%
0.00%
0.00%
0.00%
0.00%