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FDLvsGQGUETF Comparison

ETF 1
FDL

First Trust Morningstar Dividend Leaders Index Fund ETF

This fund is part of
US High Dividend
-0.31%
VS
ETF 2
GQGU

GQG US Equity ETF

This fund is part of
US Multi-Factor
+0.52%

First Trust Morningstar Dividend Leaders Index Fund ETF (FDL) belongs to the US High Dividend segment. GQG US Equity ETF (GQGU) is part of the US Multi-Factor segment. FDL's top 3 sector exposures are Energy, Health Care and Financials. In contrast, GQGU's top sector exposures are Utilities, Financials and Consumer Staples. FDL is less expensive with a Total Expense Ratio (TER) of 0.43%, versus 0.59% for GQGU. FDL is up 12.48% year-to-date (YTD) with +$425M in YTD flows. GQGU performs worse with 7.53% YTD performance, and +$196M in YTD flows. Run a side-by-side ETF comparison of FDL and GQGU below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FDL vs GQGU performance and flow charts

Performance

-2.0-1.00.01.02.03.0%Mar 23Mar 30Apr 7Apr 14Apr 21

Cumulative Flows

0 M50 M100 M150 M200 MMar 23Mar 30Apr 7Apr 14Apr 21

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Historic performance and flows
Data as of 04/24/2026
1M3MYTD1Y3Y5Y
Perf.
FDL
GQGU
-1.02%-0.23%
+7.03%+6.19%
+12.48%+7.53%
+26.69%n/a
+56.28%n/a
+80.80%n/a
Flows
FDL
GQGU
+$194M+$46M
+$403M+$189M
+$425M+$196M
+$879M-
+$497M-
+$4.01B-
Volatility and drawdown
3M1Y3Y5Y
Volatility
FDL
GQGU
+11.44%+10.88%
+11.55%n/a
+13.33%n/a
+14.51%n/a
Max drawdown
FDL
GQGU
-3.57%-5.57%
-4.27%n/a
-12.15%n/a
-16.51%n/a
Max drawdown duration
FDL
GQGU
53d53d
94dn/a
121dn/a
246dn/a
Trading data

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FDL
GQGU
Last sale
4/27/2026 at 1:30 PM
$49.44
$26.09
Previous close
04/24/2026
$49.47
$26.15
Consolidated volume
04/24/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 2026
1-year trailing difference

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GQGU
is actively managed and doesn’t replicate an index

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FDL
GQGU
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/27/2026 at 1:30 PM
Live
Closed
FDL
GQGU
Last price
$49.44
$26.09
1D performance
-0.06%
-0.23%
AuM$7.25 B$563.18 M
E/R0.43%0.59%
Characteristics
FDL
GQGU
Management strategyPassiveActive
ProviderFirst TrustGQG Partners
BenchmarkMorningstar Dividend Leaders Index-
N° of holdings8331
Asset classEquities-
Trailing 12m distribution yield
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Inception dateMarch 9, 2006July 14, 2025
ESGNoNo
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Exposure

Countries

FDL
USA
98.07%
Other
1.93%
GQGU
USA
91.83%
Other
8.17%

Sectors

FDL
Energy
27.92%
Health Care
17.6%
Financials
13.9%
Consumer Staples
12.83%
Communication Ser.
10.76%
Other
16.99%
GQGU
Utilities
19.85%
Financials
19.81%
Consumer Staples
17.2%
Energy
16.17%
Communication Ser.
11.72%
Health Care
8.59%
Other
6.66%
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Diversification

FDL

Total weight of top 15 holdings out of 15

67.94%
GQGU

Total weight of top 15 holdings out of 15

62.21%

Top 15 holdings

Data as of March 31, 2026
FDL
EXXON
10.59%
CHEVRON TEXACO
8.80%
VERIZON COMMUNICATIONS
7.31%
PFIZER
6.66%
MERCK & CO INC
5.59%
PEPSICO U
4.79%
ALTRIA GROUP
4.47%
BRISTOL-MYERS SQUIBB
3.35%
UNITED PARCEL SERVICE-CL
3.05%
CONOCOPHILLIPS
2.92%
COMCAST
2.78%
US
2.10%
CVS HEALTH CORP
2.00%
PNC FINL SVC
1.80%
ONEOK
1.73%
GQGU
AT&T
6.06%
VERIZON COMMUNICATIONS
5.66%
PHILLIP MORRIS
5.55%
JOHNSON&JOHNSON
4.73%
ALTRIA GROUP
4.50%
PROGRESSIVE
4.17%
OCCIDENTAL U
4.16%
AMERICAN ELECTRIC POWER
3.99%
CIGNA
3.86%
ALLSTATE
3.59%
EXXON
3.41%
CHEVRON TEXACO
3.28%
AMERICAN WATER WORKS
3.20%
COCA-COLA
3.15%
DEVON ENERGY
2.90%
Frequently asked questions about FDL and GQGU

How have the FDL and GQGU ETFs performed in 2026?

As of April 24, 2026, FDL is up 12.48% year-to-date (YTD), while GQGU has returned 7.53%. That puts FDL better performer ahead so far this year.

Which ETF is attracting more investor money: FDL or GQGU?

Year-to-date, the FDL ETF saw +$425M in flows, compared to +$196M for GQGU.

Which ETF is bigger: FDL or GQGU?

As of April 24, 2026, FDL holds $7.25 B in assets under management (AUM), while GQGU manages $563.18 M.

What sectors do the FDL and GQGU ETFs invest in?

FDL leans toward sectors like Energy, Health Care and Financials. Meanwhile, GQGU focuses on Utilities, Financials and Consumer Staples.

What are the top holdings of the FDL ETF and GQGU ETF?

FDL top holdings include EXXON, CHEVRON TEXACO and VERIZON COMMUNICATIONS. GQGU holds in its top three: AT&T, VERIZON COMMUNICATIONS and PHILLIP MORRIS.

Which ETF is more diversified: FDL or GQGU?

FDL holds 85 securities with 67.94% of its assets in the top 15. GQGU has 31 securities and a top 15 weight of 62.21%.

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