# First Trust Dow 30 Equal Weight ETF (EDOW): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/edow for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: First Trust · Asset class: Large Cap Equity - Strategy: Passive Index · Inception: 2017-08-08 The First Trust Dow 30 Equal Weight ETF is engineered to replicate the financial performance, encompassing both price appreciation and dividend income, of the Dow Jones Industrial Average Equal Weight Index, before factoring in the ETF's own fees and expenses. To achieve this objective, the Fund typically allocates at least 90% of its net assets, including any capital acquired through borrowing, directly into the common stocks that constitute this underlying index. Employing a passive indexing strategy, the ETF endeavors to mirror the Index's returns prior to any deductions for operational... ## Key Facts | Metric | Value | |---|---| | Price | $46.21 | | Expense Ratio | 0.50% | | Assets Under Management | $324.6M | | NAV | $46.39 | | Holdings Count | 30 | | Distribution Yield (TTM) | 1.22% | | Annual Distribution (TTM) | $0.56 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $39.69 – $46.90 | | Beta | 0.85 | ## Latest Distribution - Amount: $0.1337 /share - Ex-date: 2026-09-24 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does EDOW invest in? The First Trust Dow 30 Equal Weight ETF is engineered to replicate the financial performance, encompassing both price appreciation and dividend income, of the Dow Jones Industrial Average Equal Weight Index, before factoring in the ETF's own fees and expenses. To achieve this objective, the Fund typically allocates at least 90% of its net assets, including any capital acquired through borrowing, directly into the common stocks that constitute this underlying index. Employing a passive indexing strategy, the ETF endeavors to mirror the Index's returns prior to any deductions for operational costs. The investment management team targets a strong alignment, aiming for a correlation of 0.95 or higher between the Fund's performance and the Index, acknowledging that a perfect correlation would be represented by a figure of 1.00. ### What is the expense ratio of EDOW? First Trust Dow 30 Equal Weight ETF (EDOW) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is EDOW? First Trust Dow 30 Equal Weight ETF (EDOW) manages $324.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is EDOW actively managed or an index fund? EDOW is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (EDOW's is 0.50%) because there's no security selection cost. ### When was EDOW launched? First Trust Dow 30 Equal Weight ETF (EDOW) launched in August 2017 and is managed by First Trust. ### How has EDOW performed? EDOW's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does EDOW pay a dividend? First Trust Dow 30 Equal Weight ETF (EDOW) currently distributes little or no income. Trailing-twelve-month yield is 1.22%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does EDOW pay dividends? First Trust Dow 30 Equal Weight ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is EDOW's dividend yield? EDOW's trailing-twelve-month yield is 1.22%, calculated from the sum of dividends over the past year divided by the current price. ### When is EDOW's next ex-dividend date? The most recently announced ex-dividend date for EDOW was 2026-09-24. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will EDOW's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.50% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does EDOW charge its expense ratio? The expense ratio is deducted in tiny daily slices from EDOW's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does EDOW cost more than a fund like VOO? EDOW is a passive index fund (current expense ratio 0.50%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to EDOW? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as EDOW (0.50%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/edow - Distribution history: https://www.dividenddata.com/funds/edow/dividend - Holdings & diversification: https://www.dividenddata.com/funds/edow/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/edow/expenses - Peer comparison: https://www.dividenddata.com/funds/edow/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.