FT Vest Technology Dividend Target Income ETF (TDVI) Valuation
TDVI valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 23.8 trailing earnings
- Forward P/E
- 16.5 analyst estimates
- Price / sales
- 0.11
- Price / book
- 4.25
- EV / EBITDA
- 14.2
- Earnings yield
- 4.19% inverse of P/E
- Dividend yield
- 1.96% of the holdings
- Return on equity
- 17.8% combined
- Net margin
- 0.5% combined
- Beta
- 1.16 weighted, vs S&P 500
TDVI valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| TDVI | 23.8 | 16.5 | 0.11 | 4.25 | 1.96% | 17.8% | 0.5% | 0.5% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
TDVI valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 82.5% | 27.8 | 18.3 | 2.41 | 5.41 | 1.62% | 19.4% |
| Communication Services | 13.1% | 11.1 | 9.1 | 0.01 | 1.56 | 4.70% | 14.0% |
TDVI earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How TDVI weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
TDVI largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| TXN | Texas Instruments Incorporated | 8.75% | 42.1 | 27.5 | 13.0 | 2.20% | 5.49% |
| IBM | International Business Machines Corporation | 8.48% | 20.6 | 17.4 | 3.2 | 2.91% | 10.85% |
| MSFT | Microsoft Corporation | 8.34% | 29.5 | 25.1 | 11.8 | 0.74% | 7.47% |
| ORCL | Oracle Corporation | 7.12% | 20.1 | 17.8 | 5.4 | 1.56% | 9.36% |
| AVGO | Broadcom Inc. | 6.72% | 43.3 | 19.4 | 17.6 | 0.79% | 4.10% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 4.07% | 26.7 | 21.4 | 0.4 | 0.91% | 4.02% |
| QCOM | QUALCOMM Incorporated | 4.00% | 19.9 | 19.6 | 4.2 | 2.14% | 5.30% |
| ADI | Analog Devices, Inc. | 3.28% | 47.0 | 23.2 | 13.8 | 1.11% | 1.85% |
| TRI | Thomson Reuters Corp | 3.00% | — | — | — | — | — |
| CRM | Salesforce, Inc. | 2.18% | 22.0 | 14.0 | 4.5 | 0.73% | 2.62% |
| INTU | Intuit Inc. | 1.94% | 19.8 | 12.7 | 4.1 | 1.70% | 2.59% |
| CSCO | Cisco Systems, Inc. | 1.93% | 32.2 | 19.8 | 6.7 | 1.56% | 1.58% |
| COMM | CommScope Holding Co Inc | 1.91% | — | — | — | — | — |
| VZ | Verizon Communications Inc. | 1.86% | 11.7 | 8.7 | 1.3 | 6.32% | 4.20% |
| TMUS | T-Mobile US, Inc. | 1.85% | 16.6 | 11.7 | 1.9 | 2.94% | 2.94% |
| T | Telus Corp | 1.84% | — | — | — | — | — |
| HPQ | HP Inc. | 1.82% | 11.5 | 9.9 | 0.5 | 4.00% | 4.20% |
| T | AT&T Inc. | 1.75% | 7.7 | 9.9 | 1.3 | 4.74% | 5.97% |
| CMCSA | Comcast Corporation | 1.72% | 7.1 | 5.9 | 0.6 | 6.03% | 6.43% |
| NXPI | NXP Semiconductors N.V. | 1.67% | 19.6 | 12.9 | 4.4 | 1.77% | 2.25% |
| APH | Amphenol Corporation | 1.56% | 39.7 | 24.6 | 6.7 | 0.63% | 1.04% |
| MCHP | Microchip Technology Incorporated | 1.54% | 108.6 | 20.5 | 7.8 | 2.46% | 0.37% |
| MSI | Motorola Solutions, Inc. | 1.50% | 36.5 | 23.9 | 6.3 | 1.05% | 1.08% |
| TEL | TE Connectivity Ltd. | 1.32% | 20.8 | 16.6 | 3.2 | 1.47% | 1.68% |
| GLW | Corning Incorporated | 1.27% | 60.6 | 38.5 | 6.7 | 0.85% | 0.56% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About TDVI valuation
Adding up its 80 holdings with company data, TDVI trades at 23.8 times trailing earnings and 16.5 times analysts' forward estimates, with a price-to-book ratio of 4.25 and a dividend yield of 1.96%. Its earnings yield of 4.19% is 1.13 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 55.9% of the fund and earn 53.6% of its combined profit. By sector, Technology is the most expensive at 27.8 times earnings and Communication Services the cheapest at 11.1. Companies that lost money over the past year are 0.5% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 91.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: TDVI chart, TDVI performance, TDVI holdings, TDVI dividends.
TDVI valuation FAQ
What is the P/E ratio of TDVI?
Based on its holdings, TDVI has a trailing P/E of 23.8 and a forward P/E of 16.5 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of TDVI?
The trailing earnings yield is 4.19% (1 ÷ P/E) and the forward earnings yield 6.07%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is TDVI more expensive than the S&P 500?
TDVI trades at 23.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 16.5 and 19.9.
What is the price-to-book ratio of TDVI?
The holdings of TDVI trade at 4.25 times book value, with a combined return on equity of 17.8%.
Which sector in TDVI has the highest P/E?
Technology has the highest P/E at 27.8 and Communication Services the lowest at 11.1.