ETF comparison
FDL vs PEY
Both Dividend.
First Trust Morningstar Dividend Leaders Index Fund · Invesco High Yield Equity Dividend Achievers ETF
Holdings overlap
29 positions appear in both funds. Buying equal dollars of FDL and PEY would leave roughly 23.8% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
FDL is 11 bps cheaper than PEY. On a $100,000 position that's about $110/yr more in fees for PEY.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with FDL vs PEY.
Top shared holdings
29 shared in total| # | Holding | In FDL | In PEY | Overlap |
|---|---|---|---|---|
| 1 | Altria Group, Inc. | 4.45% | 2.45% | 2.45% |
| 2 | Pfizer Inc. | 6.48% | 2.32% | 2.32% |
| 3 | United Parcel Service, Inc. | 3.03% | 2.05% | 2.05% |
| 4 | Verizon Communications Inc. | 7.36% | 2.02% | 2.02% |
| 5 | Bristol-Myers Squibb Company | 3.26% | 1.50% | 1.50% |
| 6 | U.S. Bancorp. | 2.05% | 1.49% | 1.49% |
| 7 | CHEVRON CORP | 9.12% | 1.48% | 1.48% |
| 8 | Comcast Corporation | 2.82% | 1.37% | 1.37% |
| 9 | Target Corp. | 1.33% | 1.76% | 1.33% |
| 10 | Prudential Financial, Inc. | 1.27% | 2.13% | 1.27% |
| 11 | Edison International | 0.88% | 1.61% | 0.88% |
| 12 | HP Inc | 0.73% | 2.61% | 0.73% |
Only in FDL
58 total- Exxon Mobil Corp. 11.05%
- Merck & Co., Inc 5.51%
- Pepsico Inc 4.76%
- ConocoPhillips 2.97%
- CVS Health Corp 1.96%
- Oneok Inc. 1.77%
- PNC Financial Services Group Inc. 1.77%
- Truist Financial Corp. 1.64%
- EOG Resources Inc. 1.55%
- Kinder Morgan, Inc. 1.47%
Only in PEY
22 total- Insperity, Inc. 6.20%
- LyondellBasell Industries N.V. 4.74%
- Robert Half Inc. 4.07%
- Flowers Foods, Inc. 3.52%
- Perrigo Co. PLC 3.03%
- Universal Corp. 2.34%
- John Wiley & Sons, Inc. 2.33%
- Peoples Bancorp Inc. 2.09%
- H&R Block, Inc. 2.08%
- Main Street Capital Corp. 2.04%
Open FDL or PEY at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.