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First Trust Morningstar Dividend Leaders ETF (CAD-Hedged)

U.S. Div & Inc Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(07-29-2025)
$35.35
Change
-$0.05 (-0.15%)

As at June 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3May 2017Jan 2018Sep 2018May 2019Jan 2020Sep 2020May 2021Jan 2022Sep 2022May 2023Jan 2024Sep 2024May 2025Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Mar 2017May 2018Jul 2019Sep 2020Nov 2021Jan 2023Mar 2024May 2025M…$10,000$15,000$20,000$5,000$25,000$8,000$9,000$11,000$12,000$13,000$14,000Period

Legend

First Trust Morningstar Dividend Leaders ETF (CAD-Hedged)

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Fund Returns

Inception Return (September 29, 2016): 8.87%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.92% -3.31% 4.67% 4.67% 12.32% 13.48% 8.42% 8.51% 15.93% 9.68% 8.69% 9.07% - -
Benchmark 4.21% 5.29% 0.70% 0.70% 14.79% 21.58% 22.01% 13.98% 16.67% 15.87% 14.97% 15.11% 15.47% 14.65%
Category Average 3.01% 1.53% 1.25% 1.25% 10.58% - - - - - - - - -
Category Rank 208 / 222 203 / 220 15 / 219 15 / 219 42 / 213 134 / 203 175 / 193 129 / 189 4 / 187 113 / 182 115 / 168 80 / 145 - -
Quartile Ranking 4 4 1 1 1 3 4 3 1 3 3 3 - -

Monthly Return

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Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 7.08% 2.20% 1.51% 0.21% 4.45% -7.71% 3.06% 5.52% -0.46% -5.57% 1.46% 0.92%
Benchmark 2.12% 0.07% 2.23% 2.12% 6.59% 0.26% 3.46% -1.62% -6.04% -4.57% 5.88% 4.21%

Best Monthly Return Since Inception

13.88% (November 2020)

Worst Monthly Return Since Inception

-19.80% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - 14.14% -10.12% 23.40% -0.25% 29.35% 4.71% 0.97% 15.00%
Benchmark 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32% 36.01%
Category Average - - - - - - - - - -
Quartile Ranking - - 1 4 1 4 1 1 4 4
Category Rank - - 28/ 138 145/ 166 25/ 181 142/ 187 6/ 189 4/ 192 181/ 193 175/ 206

Best Calendar Return (Last 10 years)

29.35% (2021)

Worst Calendar Return (Last 10 years)

-10.12% (2018)

Asset Allocation

Asset Allocation
Name Percent
US Equity 98.38
Cash and Equivalents 1.63

Sector Allocation

Sector Allocation
Name Percent
Exchange Traded Fund 98.38
Cash and Cash Equivalent 1.62

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
First Trust Morningstar Div Leaders INDX ETF (FDL) 98.38
Cash and Cash Equivalents 0.79
CANADIAN DOLLAR 0.75
US DOLLAR 0.09

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return10111213141516171819200%5%10%15%20%25%

First Trust Morningstar Dividend Leaders ETF (CAD-Hedged)

Median

Other - U.S. Div & Inc Equity

3 Yr Annualized

Standard Deviation 16.68% 16.93% -
Beta 0.80% 0.78% -
Alpha -0.07% 0.04% -
Rsquared 0.41% 0.38% -
Sharpe 0.33% 0.81% -
Sortino 0.59% 1.34% -
Treynor 0.07% 0.18% -
Tax Efficiency 82.71% 89.47% -
Volatility Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 -

Risk Rating

Rating 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 14.67% 16.68% 16.93% -
Beta 0.45% 0.80% 0.78% -
Alpha 0.06% -0.07% 0.04% -
Rsquared 0.17% 0.41% 0.38% -
Sharpe 0.63% 0.33% 0.81% -
Sortino 0.98% 0.59% 1.34% -
Treynor 0.21% 0.07% 0.18% -
Tax Efficiency 87.40% 82.71% 89.47% -

Fund Details

Start Date September 29, 2016
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
N/A

Investment Objectives

The Fund will seek to replicate, to the extent possible, the performance of an index of U.S. companies that have shown dividend consistency and dividend sustainability, initially the Morningstar® Dividend Leaders Index.

Investment Strategy

According to the Index Provider, the Morningstar® Dividend Leaders Index (the “Morningstar Index”) is designed to measure the performance of the 100 highest-yielding stocks that have a consistent record of dividend payment and have the ability to sustain their dividend payments. The securities comprising the Morningstar US Market Index (the “Base Index”) serve as a First Trust ETF’s selection universe.

Portfolio Management

Portfolio Manager

First Trust Advisors LP

Sub-Advisor

-

Management and Organization

Fund Manager

FT Portfolios Canada Co.

Custodian

CIBC Mellon Trust Company

Registrar

TSX Trust Company

Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 0
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.61%
Management Fee 0.30%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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