First Trust Morningstar Dividend Leaders… (FDL) Holdings
FDL holdings summary
as of Oct 25, 2026- Holdings
- 99 positions listed
- Top 10 weight
- 51.0% of net assets
- Effective holdings
- 27 equal-weight equivalent
- Largest holding
- CVX 8.92% Chevron Corporation
- Annual turnover
- 47.8% of the portfolio traded
Top 1051.0%
Top 2575.1%
Top 5090.4%
All FDL holdings
99 holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | CVX | Chevron Corporation | Energy | 8.92% | $734.3M | $441.34B | 21.2 |
| 2 | PFE | Pfizer Inc. | Healthcare | 6.63% | $545.9M | $168.60B | 38.9 |
| 3 | PM | Philip Morris International Inc. | Consumer Defensive | 6.62% | $545.4M | $319.83B | 29.5 |
| 4 | VZ | Verizon Communications Inc. | Communication Services | 6.53% | $537.6M | $186.09B | 11.7 |
| 5 | PEP | PepsiCo, Inc. | Consumer Defensive | 5.38% | $443.4M | $179.19B | 16.5 |
| 6 | MO | Altria Group, Inc. | Consumer Defensive | 5.00% | $412.0M | $125.41B | 15.8 |
| 7 | ACN | Accenture plc | Technology | 3.34% | $275.4M | $140.55B | 16.9 |
| 8 | BMY | Bristol-Myers Squibb Company | Healthcare | 3.00% | $246.9M | $122.05B | 13.2 |
| 9 | UPS | United Parcel Service, Inc. | Industrials | 2.96% | $243.8M | $82.93B | 18.1 |
| 10 | CMCSA | Comcast Corporation | Communication Services | 2.62% | $215.6M | $77.72B | 7.1 |
| 11 | MDT | Medtronic plc | Healthcare | 2.41% | $198.3M | $121.20B | 23.3 |
| 12 | SO | The Southern Company | Utilities | 2.35% | $193.9M | $104.89B | 22.0 |
| 13 | DUK | Duke Energy Corporation | Utilities | 2.22% | $182.5M | $94.71B | 18.3 |
| 14 | BX | Blackstone Inc. | Financial Services | 2.19% | $180.4M | $127.43B | 23.9 |
| 15 | USB | U.S. Bancorp | Financial Services | 1.94% | $160.0M | $91.50B | 11.4 |
| 16 | MDLZ | Mondelez International, Inc. | Consumer Defensive | 1.76% | $145.0M | $81.57B | 23.5 |
| 17 | KMI | Kinder Morgan, Inc. | Energy | 1.63% | $134.1M | $76.16B | 22.1 |
| 18 | TFC | Truist Financial Corporation | Financial Services | 1.43% | $117.4M | $57.50B | 10.8 |
| 19 | D | Dominion Energy, Inc. | Utilities | 1.40% | $115.5M | $55.90B | 22.0 |
| 20 | TGT | Target Corporation | Consumer Defensive | 1.27% | $104.8M | $70.08B | 16.0 |
| 21 | NKE | NIKE, Inc. | Consumer Cyclical | 1.23% | $101.5M | $55.15B | 17.9 |
| 22 | KMB | Kimberly-Clark Corporation | Consumer Defensive | 1.16% | $95.4M | $35.11B | 20.8 |
| 23 | PRU | Prudential Financial, Inc. | Financial Services | 1.15% | $94.6M | $39.99B | 10.5 |
| 24 | EXC | Exelon Corporation | Utilities | 1.06% | $87.1M | $44.82B | 16.0 |
| 25 | PAYX | Paychex, Inc. | Technology | 0.89% | $73.5M | $39.74B | 22.1 |
| 26 | ED | Consolidated Edison, Inc. | Utilities | 0.87% | $71.9M | $41.52B | 18.2 |
| 27 | PEG | Public Service Enterprise Group Incorporated | Utilities | 0.84% | $69.6M | $35.63B | 17.8 |
| 28 | KHC | The Kraft Heinz Company | Consumer Defensive | 0.84% | $69.3M | $28.08B | — |
| 29 | EIX | Edison International | Utilities | 0.83% | $68.2M | $21.52B | 5.8 |
| 30 | WEC | WEC Energy Group, Inc. | Utilities | 0.79% | $65.1M | $35.42B | 21.1 |
| 31 | AMCR | Amcor plc | Consumer Cyclical | 0.77% | $63.8M | $20.26B | 18.4 |
| 32 | GIS | General Mills, Inc. | Consumer Defensive | 0.73% | $60.5M | $17.71B | — |
| 33 | HPQ | HP Inc. | Technology | 0.72% | $59.5M | $27.06B | 11.5 |
| 34 | ES | Eversource Energy | Utilities | 0.72% | $59.3M | $25.18B | 17.3 |
| 35 | HBAN | Huntington Bancshares Incorporated | Financial Services | 0.68% | $56.0M | $30.85B | 11.7 |
| 36 | TROW | T. Rowe Price Group, Inc. | Financial Services | 0.66% | $54.5M | $21.54B | 10.1 |
| 37 | FE | FirstEnergy Corp. | Utilities | 0.62% | $50.9M | $26.73B | 24.6 |
| 38 | ARES | Ares Management Corporation | Financial Services | 0.61% | $49.9M | $37.25B | 51.7 |
| 39 | DTE | DTE Energy Company | Utilities | 0.59% | $48.5M | $27.00B | 20.6 |
| 40 | SW | Smurfit WestRock plc | Consumer Cyclical | 0.57% | $46.8M | $21.59B | 43.3 |
| 41 | OMC | Omnicom Group Inc. | Communication Services | 0.57% | $46.7M | $22.10B | 212.0 |
| 42 | BBY | Best Buy Co., Inc. | Consumer Cyclical | 0.53% | $43.3M | $19.43B | 15.4 |
| 43 | FIS | Fidelity National Information Services, Inc. | Technology | 0.51% | $42.1M | $18.57B | 5.5 |
| 44 | RF | Regions Financial Corporation | Financial Services | 0.49% | $40.6M | $23.39B | 11.2 |
| 45 | KEY | KeyCorp | Financial Services | 0.47% | $39.0M | $21.33B | 11.6 |
| 46 | EVRG | Evergy, Inc. | Utilities | 0.43% | $35.7M | $19.21B | 21.2 |
| 47 | TSN | Tyson Foods, Inc. | Consumer Defensive | 0.39% | $32.2M | $19.31B | 33.9 |
| 48 | GPC | Genuine Parts Company | Consumer Cyclical | 0.35% | $29.1M | $18.47B | 535.8 |
| 49 | CLX | The Clorox Company | Consumer Defensive | 0.35% | $28.5M | $10.53B | 18.1 |
| 50 | SWK | Stanley Black & Decker, Inc. | Industrials | 0.33% | $26.9M | $13.97B | 22.6 |
| 51 | SJM | The J. M. Smucker Company | Consumer Defensive | 0.32% | $26.5M | $13.61B | 59.5 |
| 52 | PNW | Pinnacle West Capital Corporation | Utilities | 0.31% | $25.9M | $12.53B | 19.9 |
| 53 | FNF | Fidelity National Financial, Inc. | Financial Services | 0.31% | $25.5M | $10.74B | 13.9 |
| 54 | AES | The AES Corporation | Utilities | 0.30% | $24.3M | $10.67B | 5.6 |
| 55 | MKC | McCormick & Company, Incorporated | Consumer Defensive | 0.29% | $24.3M | $12.47B | 8.4 |
| 56 | SWKS | Skyworks Solutions, Inc. | Technology | 0.28% | $23.4M | $18.74B | 41.3 |
| 57 | OMF | OneMain Holdings, Inc. | Financial Services | 0.26% | $21.4M | $6.44B | 8.4 |
| 58 | WTRG | Essential Utilities, Inc. | Utilities | 0.26% | $21.3M | $11.58B | 20.8 |
| 59 | OGE | OGE Energy Corp. | Utilities | 0.24% | $19.7M | $9.82B | 20.9 |
| 60 | COLB | Columbia Banking System, Inc. | Financial Services | 0.24% | $19.7M | $8.05B | 11.2 |
| 61 | EMN | Eastman Chemical Company | Basic Materials | 0.22% | $17.8M | $7.13B | 16.3 |
| 62 | BEN | Franklin Resources, Inc. | Financial Services | 0.21% | $17.4M | $15.74B | 21.1 |
| 63 | UGI | UGI Corporation | Utilities | 0.21% | $17.1M | $8.24B | 12.8 |
| 64 | HRL | Hormel Foods Corporation | Consumer Defensive | 0.21% | $17.0M | $11.23B | 32.9 |
| 65 | CAG | Conagra Brands, Inc. | Consumer Defensive | 0.20% | $16.1M | $6.91B | — |
| 66 | CPB | Campbell Soup Company | Consumer Defensive | 0.18% | $15.2M | $5.93B | 15.2 |
| 67 | BF.B | Brown-Forman Corporation | Consumer Defensive | 0.18% | $14.9M | $13.25B | 18.6 |
| 68 | LNC | Lincoln National Corporation | Financial Services | 0.18% | $14.7M | $7.63B | 3.4 |
| 69 | CHRD | Chord Energy Corporation | Energy | 0.18% | $14.7M | $8.45B | 10.4 |
| 70 | ORI | Old Republic International Corporation | Financial Services | 0.17% | $14.3M | $9.58B | 8.8 |
| 71 | PB | Prosperity Bancshares, Inc. | Financial Services | 0.16% | $13.3M | $8.15B | 11.7 |
| 72 | AM | Antero Midstream Corporation | Energy | 0.16% | $13.0M | $9.80B | 24.9 |
| 73 | ACI | Albertsons Companies, Inc. | Consumer Defensive | 0.15% | $12.5M | $6.35B | — |
| 74 | POR | Portland General Electric Company | Utilities | 0.15% | $12.4M | $5.19B | 19.5 |
| 75 | BKH | Black Hills Corporation | Utilities | 0.15% | $12.2M | $5.84B | 19.3 |
| 76 | LW | Lamb Weston Holdings, Inc. | Consumer Defensive | 0.14% | $11.3M | $7.38B | 29.3 |
| 77 | HRB | H&R Block, Inc. | Consumer Cyclical | 0.14% | $11.2M | $5.96B | 8.6 |
| 78 | MUR | Murphy Oil Corporation | Energy | 0.13% | $10.7M | $5.98B | 20.7 |
| 79 | AUB | Atlantic Union Bankshares Corporation | Financial Services | 0.13% | $10.5M | $5.44B | 11.3 |
| 80 | UBSI | United Bankshares, Inc. | Financial Services | 0.13% | $10.5M | $6.36B | 12.7 |
| 81 | FAF | First American Financial Corporation | Financial Services | 0.13% | $10.3M | $6.63B | 9.0 |
| 82 | SIRI | Sirius XM Holdings Inc | Communication Services | 0.12% | $10.0M | $9.09B | 10.8 |
| 83 | NJR | New Jersey Resources Corporation | Utilities | 0.12% | $10.0M | $5.30B | 14.5 |
| 84 | OZK | Bank OZK | Financial Services | 0.12% | $9.9M | $5.03B | 7.6 |
| 85 | SON | Sonoco Products Company | Consumer Cyclical | 0.12% | $9.8M | $4.92B | 7.7 |
| 86 | NXST | Nexstar Media Group, Inc | Communication Services | 0.12% | $9.7M | $5.07B | 31.2 |
| 87 | SR | Spire Inc. | Utilities | 0.12% | $9.7M | $4.85B | 23.8 |
| 88 | MOS | The Mosaic Company | Basic Materials | 0.11% | $8.9M | $5.98B | — |
| 89 | NWE | NorthWestern Corporation | Utilities | 0.11% | $8.9M | $4.60B | 27.0 |
| 90 | LAZ | Lazard Ltd | Financial Services | 0.10% | $8.6M | $3.52B | 17.7 |
| 91 | OGS | ONE Gas, Inc. | Utilities | 0.10% | $8.2M | $4.75B | 16.3 |
| 92 | MC | Moelis & Company | Financial Services | 0.10% | $7.9M | $4.04B | 19.0 |
| 93 | ASB | Associated Banc-Corp | Financial Services | 0.09% | $7.8M | $5.47B | 10.1 |
| 94 | TNL | Travel + Leisure Co. | Consumer Cyclical | 0.09% | $7.4M | $3.96B | 17.6 |
| 95 | ADT | ADT Inc. | Industrials | 0.07% | $5.6M | $5.02B | 9.4 |
| 96 | PAG | Penske Automotive Group, Inc. | Consumer Cyclical | 0.07% | $5.4M | $13.95B | 14.9 |
| 97 | REYN | Reynolds Consumer Products Inc. | Consumer Cyclical | 0.03% | $2.9M | $4.81B | 13.9 |
| 98 | BF.A | Brown-Forman Corporation | Consumer Defensive | 0.03% | $2.6M | $13.52B | 19.0 |
| 99 | IBP | Installed Building Products, Inc. | Consumer Cyclical | 0.02% | $1.5M | $4.94B | 20.0 |
Weights as a percentage of net assets. Value held = weight × net assets ($8.24B). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
FDL sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Consumer Defensive | 25.2% | 19 | PM, PEP, MO |
| Utilities | 14.8% | 23 | SO, DUK, D |
| Healthcare | 12.0% | 3 | PFE, BMY, MDT |
| Financial Services | 11.9% | 23 | BX, USB, TFC |
| Energy | 11.0% | 5 | CVX, KMI, CHRD |
| Communication Services | 10.0% | 5 | VZ, CMCSA, OMC |
| Technology | 5.8% | 5 | ACN, PAYX, HPQ |
| Consumer Cyclical | 3.9% | 11 | NKE, AMCR, SW |
| Industrials | 3.4% | 3 | UPS, SWK, ADT |
| Basic Materials | 0.3% | 2 | EMN, MOS |
Sum of the weights of the holdings in each sector.
FDL top industries
Utilities - Regulated Electric
13.5%
Tobacco
11.6%
Drug Manufacturers - General
9.6%
Telecom Services
9.1%
Oil & Gas Integrated
8.9%
Banks - Regional
5.9%
Beverages - Non-Alcoholic
5.4%
Information Technology Services
3.9%
Asset Management
3.7%
Integrated Freight & Logistics
3.0%
Packaged Foods
2.9%
Medical Devices
2.4%
Oil & Gas Midstream
1.8%
Confectioners
1.8%
Household & Personal Products
1.5%
FDL overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| DURA | VanEck Morningstar Durable Dividend ETF | 41.0% | 26 of 79 | 0.29% |
| SPY | SPDR S&P 500 ETF | 5.3% | 59 of 502 | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 4.7% | 98 of 2,941 | 0.03% |
| DIA | SPDR Dow Jones Industrial Average ETF | 3.0% | 2 of 30 | 0.16% |
| QQQ | Invesco QQQ ETF | 1.9% | 5 of 101 | 0.17% |
| IWM | iShares Russell 2000 ETF | 1.3% | 12 of 1,962 | 0.19% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the FDL portfolio
First Trust Morningstar Dividend Leaders… holds 99 positions. The ten largest make up 51.0% of the fund and the top 50 90.4%, so it behaves like a portfolio of about 27 equally weighted stocks. The biggest positions are Chevron Corporation (8.92%), Pfizer Inc. (6.63%), Philip Morris International Inc. (6.62%), Verizon Communications Inc. (6.53%), PepsiCo, Inc. (5.38%).
By sector, Consumer Defensive is 25.2%, Utilities is 14.8%, Healthcare is 12.0%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: FDL chart, FDL performance, FDL dividends, FDL valuation, FDL overview.
FDL holdings FAQ
How many holdings does FDL have?
FDL holds 99 positions as of October 25, 2026.
What are the top 10 holdings of FDL?
The ten largest holdings are Chevron Corporation (8.92%), Pfizer Inc. (6.63%), Philip Morris International Inc. (6.62%), Verizon Communications Inc. (6.53%), PepsiCo, Inc. (5.38%), Altria Group, Inc. (5.00%), Accenture plc (3.34%), Bristol-Myers Squibb Company (3.00%), United Parcel Service, Inc. (2.96%), Comcast Corporation (2.62%). Together they are 51.0% of the fund.
What percentage of FDL is Chevron Corporation?
Chevron Corporation is the largest holding at 8.92% of net assets, about $734.3M of the fund's $8.24B.
Which sector is the largest in FDL?
Consumer Defensive is the largest sector at 25.2%, followed by Utilities (14.8%) and Healthcare (12.0%), based on the sectors of the individual holdings.
How concentrated is FDL?
The top 10 holdings are 51.0% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) FDL behaves like a portfolio of about 27 equally weighted stocks.