EDOW - ETF AI Analysis
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First Trust Dow 30 Equal Weight ETF (EDOW)
EDOW’s rating suggests it is a solid, quality ETF built around equal-weight exposure to major Dow 30 companies. Strong holdings like Microsoft, Alphabet, Apple, and Walmart, which all show robust financial performance, growth in areas like cloud, AI, and e-commerce, and generally supportive technical trends, are key drivers of the fund’s positive assessment. Some holdings such as Procter & Gamble, Visa, and Amazon face issues like bearish or cautious technical signals and valuation concerns, and the main risk factor is the fund’s concentration in large, established U.S. blue-chip companies, which may limit diversification across smaller or international markets.
EDOW vs. SPDR S&P 500 ETF (SPY)
- AUM
- 323.13M
- Region
- North America
- Expense Ratio
- 0.50%
- Beta
- 0.77
- Issuer
- First Trust
- Inception Date
- Aug 08, 2017
- Dividend Yield
- 1.23%
- Asset Class
- Equity
- Index Tracked
- Dow Jones Industrial Average Equal Weight Index (USD)
EDOW Summary
The First Trust Dow 30 Equal Weight ETF (EDOW) tracks the Dow Jones Industrial Average Equal Weight Index, which includes 30 large, well-known U.S. companies, but gives each one the same importance. This means giants like Apple, Microsoft, Walmart, and Procter & Gamble all have similar weights, instead of the fund being dominated by just a few big names. Investors might consider EDOW for broad, blue‑chip exposure and diversification across many sectors in a single fund. However, like any stock-based ETF, its value can go up and down with the overall stock market.
How much will it cost me?
This ETF has an expense ratio of 0.50%, which means you’ll pay about $5 per year for every $1,000 invested. That’s a bit higher than the average low-cost index ETF because EDOW uses an equal-weight strategy rather than a simple, traditional index weighting, which typically involves more trading and management.
What would affect this ETF?
This ETF could benefit if the U.S. economy stays healthy, as its mix of large, well-known companies in technology, financials, health care, and consumer sectors may gain from steady spending, innovation, and a stable interest rate environment, while the equal-weight approach helps avoid overreliance on a single stock like Apple or Microsoft. On the downside, a U.S. recession, higher interest rates that hurt financials and consumer companies, tighter regulations on big tech or health care, or broad market downturns would likely weigh on many of its top holdings at the same time.
EDOW Top 10 Holdings
EDOW leans into U.S. blue chips, with Big Tech and healthcare doing much of the heavy lifting. Nvidia and Apple have been rising, powered by AI and services growth, while Microsoft has surged recently on cloud and AI momentum, giving the fund a strong tech backbone. Amgen adds steady strength from the healthcare side. On the flip side, Honeywell has been lagging and Sherwin-Williams looks a bit tired, tempering overall gains. With equal weights across Dow names, no single stock dominates, but the story is clearly U.S.-centric, tech-tilted resilience.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 WMT | Walmart | 3.73% | $12.10M | $979.90B | 20.82% | 78Outperform |
 AMGN | Amgen | 3.83% | $12.43M | $251.94B | 59.59% | 77Outperform |
 PG | Procter & Gamble | 3.66% | $11.89M | $374.48B | 8.02% | 69Neutral |
 V | Visa | 3.63% | $11.80M | $782.42B | 19.87% | 70Outperform |
 TRV | Travelers Companies | 3.53% | $11.46M | $81.20B | 46.20% | 78Outperform |
 AAPL | Apple | 3.60% | $11.68M | $5.03T | 26.98% | 79Outperform |
 CVX | Chevron | 3.52% | $11.43M | $465.33B | 53.41% | 71Outperform |
 MSFT | Microsoft | 3.51% | $11.39M | $3.88T | -0.73% | 79Outperform |
 HON | Honeywell International | 3.53% | $11.45M | $69.29B | -45.45% | 77Outperform |
 DIS | Walt Disney | 3.46% | $11.24M | $191.56B | -0.80% | 75Outperform |
EDOW Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EDOW, the sentiment is Positive. The current price of 46.07 is above the 20-day moving average (MA) of 45.67, above the 50-day MA of 45.55, and above the 200-day MA of 43.58, indicating a bullish trend. The MACD of 0.34 indicates Negative momentum. The RSI at 61.23 is Neutral, neither overbought nor oversold. The STOCH value of 47.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EDOW.
EDOW Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| EDOW | $46.07 | $50.00(8.53% Upside) | $323.13M | 0.50% | 73Outperform |
 CVLC | $93.38 | $119.26(27.71% Upside) | $1.01B | 0.15% | 73Outperform |
 INFO | $27.73 | $34.75(25.30% Upside) | $962.79M | 0.35% | 74Outperform |
 AFLG | $44.27 | $54.29(22.64% Upside) | $931.04M | 0.55% | 74Outperform |
 XVV | $57.72 | $72.99(26.45% Upside) | $902.10M | 0.08% | 74Outperform |
 PTL | $269.36 | $351.55(30.51% Upside) | $886.88M | 0.09% | 70Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| EDOW | First Trust Dow 30 Equal Weight ETF | 46.07 | 6.06 | 15.14% | |
| CVLC | Calvert US Large-Cap Core Responsible Index ETF | 93.38 | 9.94 | 11.91% | |
| INFO | Harbor PanAgora Dynamic Large Cap Core ETF | 27.73 | 3.30 | 13.53% | |
| AFLG | First Trust Active Factor Large Cap ETF | 44.27 | 5.48 | 14.14% | |
| XVV | iShares ESG Screened S&P 500 ETF | 57.72 | 5.42 | 10.37% | |
| PTL | Inspire 500 ETF | 269.36 | 20.84 | 8.38% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.