EDOW icon

First Trust Dow 30 Equal Weight ETF

36.36 USD
+0.16
0.44%
At close Jan 3, 4:00 PM EST
1 day
0.44%
5 days
-1.12%
1 month
-3.81%
3 months
2.31%
6 months
8.12%
Year to date
0.44%
1 year
12.12%
5 years
39.10%
10 years
82.44%
0
Funds holding %
of 6,815 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

47% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 19

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

12% less funds holding

Funds holding: 69 [Q2] → 61 (-8) [Q3]

15.37% less ownership

Funds ownership: 80.68% [Q2] → 65.31% (-15.37%) [Q3]

22% less capital invested

Capital invested by funds: $185M [Q2] → $144M (-$40.9M) [Q3]

50% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 10

Research analyst outlook

We haven’t received any recent analyst ratings for EDOW.

Financial journalist opinion

Neutral
Zacks Investment Research
1 month ago
Is First Trust Dow 30 Equal Weight ETF (EDOW) a Strong ETF Right Now?
A smart beta exchange traded fund, the First Trust Dow 30 Equal Weight ETF (EDOW) debuted on 08/08/2017, and offers broad exposure to the Style Box - Large Cap Blend category of the market.
Is First Trust Dow 30 Equal Weight ETF (EDOW) a Strong ETF Right Now?
Neutral
Zacks Investment Research
1 month ago
Should First Trust Dow 30 Equal Weight ETF (EDOW) Be on Your Investing Radar?
The First Trust Dow 30 Equal Weight ETF (EDOW) was launched on 08/08/2017, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Blend segment of the US equity market.
Should First Trust Dow 30 Equal Weight ETF (EDOW) Be on Your Investing Radar?
Positive
24/7 Wall Street
2 months ago
Have $500? Two Savvy ETFs You Should Be Buying Now
If you can't beat the market just buy the market.
Have $500? Two Savvy ETFs You Should Be Buying Now
Positive
Seeking Alpha
2 months ago
EDOW: Dow Industrials ETF Puts Dent In 'Buy And Hold' Myth
Buy and hold investing can be risky, with many Dow stocks producing zero returns over long periods, emphasizing the need for active management. Tactical management of position sizes is crucial to mitigate risk and enhance returns, especially in a market heavily reliant on top-weighted stocks. Equal-weighted indices like EDOW may outperform cap-weighted ones, but holding stocks for years without review is not advisable.
EDOW: Dow Industrials ETF Puts Dent In 'Buy And Hold' Myth
Neutral
Zacks Investment Research
3 months ago
Is First Trust Dow 30 Equal Weight ETF (EDOW) a Strong ETF Right Now?
Making its debut on 08/08/2017, smart beta exchange traded fund First Trust Dow 30 Equal Weight ETF (EDOW) provides investors broad exposure to the Style Box - Large Cap Blend category of the market.
Is First Trust Dow 30 Equal Weight ETF (EDOW) a Strong ETF Right Now?
Neutral
Zacks Investment Research
3 months ago
Should First Trust Dow 30 Equal Weight ETF (EDOW) Be on Your Investing Radar?
The First Trust Dow 30 Equal Weight ETF (EDOW) was launched on 08/08/2017, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Blend segment of the US equity market.
Should First Trust Dow 30 Equal Weight ETF (EDOW) Be on Your Investing Radar?
Positive
Seeking Alpha
4 months ago
EDOW: Excessive Fees For This Equal Weight Dow 30 ETF
EDOW tracks the Dow Jones Industrial Average Equal Weight Index, offering investors an alternative to the more popular price-weighted (DIA) and yield-weighted (DJD) funds. However, EDOW has failed to catch on. With just $225 million in assets under management since its August 2017 launch date, a big reason is its 0.50% expense ratio. One benefit of EDOW's equal weight approach is reduced volatility. However, its fundamentals are underwhelming compared to DIA, and with 76% overlap, the fees aren't justified.
EDOW: Excessive Fees For This Equal Weight Dow 30 ETF
Neutral
Zacks Investment Research
5 months ago
Is First Trust Dow 30 Equal Weight ETF (EDOW) a Strong ETF Right Now?
A smart beta exchange traded fund, the First Trust Dow 30 Equal Weight ETF (EDOW) debuted on 08/08/2017, and offers broad exposure to the Style Box - Large Cap Blend category of the market.
Is First Trust Dow 30 Equal Weight ETF (EDOW) a Strong ETF Right Now?
Neutral
Zacks Investment Research
5 months ago
Should First Trust Dow 30 Equal Weight ETF (EDOW) Be on Your Investing Radar?
Designed to provide broad exposure to the Large Cap Blend segment of the US equity market, the First Trust Dow 30 Equal Weight ETF (EDOW) is a passively managed exchange traded fund launched on 08/08/2017.
Should First Trust Dow 30 Equal Weight ETF (EDOW) Be on Your Investing Radar?
Neutral
Zacks Investment Research
7 months ago
Is First Trust Dow 30 Equal Weight ETF (EDOW) a Strong ETF Right Now?
Launched on 08/08/2017, the First Trust Dow 30 Equal Weight ETF (EDOW) is a smart beta exchange traded fund offering broad exposure to the Style Box - Large Cap Blend category of the market.
Is First Trust Dow 30 Equal Weight ETF (EDOW) a Strong ETF Right Now?
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