ETF comparison
FDL vs PEY
Both Dividend.
First Trust Morningstar Dividend Leaders Index Fund · Invesco High Yield Equity Dividend Achievers ETF
Holdings overlap
32 positions appear in both funds. Buying equal dollars of FDL and PEY would leave roughly 28.1% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
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 25 bps cheaper than PEY. On a $100,000 position that's about $250/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
32 shared in total| # | Holding | In FDL | In PEY | Overlap |
|---|---|---|---|---|
| 1 | PFIZER INC | 5.91% | 2.39% | 2.39% |
| 2 | UNITED PARCEL SERVICE INC | 3.15% | 2.28% | 2.28% |
| 3 | ALTRIA GROUP INC | 4.64% | 2.25% | 2.25% |
| 4 | VERIZON COMMUNICATIONS INC | 7.17% | 2.15% | 2.15% |
| 5 | BRISTOL-MYERS SQUIBB COMPANY | 3.43% | 1.90% | 1.90% |
| 6 | COMCAST CORP | 3.13% | 1.88% | 1.88% |
| 7 | US BANCORP | 2.27% | 1.64% | 1.64% |
| 8 | CHEVRON CORP | 7.43% | 1.57% | 1.57% |
| 9 | TARGET CORP | 1.41% | 1.55% | 1.41% |
| 10 | PRUDENTIAL FINANCIAL INC | 1.31% | 2.52% | 1.31% |
| 11 | KIMBERLY CLARK CORP | 1.23% | 2.21% | 1.23% |
| 12 | PAYCHEX INC | 0.99% | 2.09% | 0.99% |
Only in FDL
69 total- PHILIP MORRIS INTERNATIONAL INC 6.06%
- PEPSICO INC 4.84%
- SOUTHERN COMPANY (THE) 2.32%
- BLACKSTONE INC 2.31%
- MEDTRONIC PLC 2.28%
- DUKE ENERGY CORP 2.21%
- ACCENTURE PLC 1.84%
- TRUIST FINANCIAL CORP 1.70%
- ONEOK INC 1.69%
- MONDELEZ INTERNATIONAL INC 1.57%
Only in PEY
18 total- Robert Half Inc. 3.91%
- Insperity, Inc. 3.89%
- Flowers Foods, Inc. 3.44%
- Perrigo Co. PLC 3.42%
- LyondellBasell Industries N.V. 2.55%
- Universal Corp. 2.44%
- Main Street Capital Corp. 2.43%
- Peoples Bancorp Inc. 2.16%
- Wesbanco, Inc. 1.97%
- Avista Corp. 1.76%
Related comparisons
More comparisons with FDL
- FDL vs SDY · State Street SPDR S&P Dividend ETF 22.1%
- FDL vs FDVV · Fidelity High Dividend ETF 20.5%
- FDL vs VYM · Vanguard High Dividend Yield Index Fund ETF Shares 15.2%
- FDL vs FVD · First Trust Value Line Dividend Index Fund 14.9%
- FDL vs DTD · WisdomTree U.S. Total Dividend Fund 14.6%
- FDL vs DLN · WisdomTree U.S. LargeCap Dividend Fund 14.1%
More comparisons with PEY
- PEY vs SCHD · Schwab U.S. Dividend Equity ETF 16.4%
- PEY vs SDY · State Street SPDR S&P Dividend ETF 15.2%
- PEY vs NOBL · ProShares S&P 500 Dividend Aristocrats ETF 15.1%
- PEY vs HDV · iShares Core High Dividend ETF 12.5%
- PEY vs FDVV · Fidelity High Dividend ETF 12.2%
- PEY vs DON · WisdomTree U.S. MidCap Dividend Fund 10.3%
Percentages are holdings overlap with the named fund.
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.