First Trust Dow 30 Equal Weight ETF Seeks Stable Returns with Low Costs

The First Trust Dow 30 Equal Weight ETF (EDOW) is a passively managed exchange traded fund that offers broad exposure to the Large Cap Blend segment of the US equity market. Launched on August 8, 2017, this ETF has amassed assets over $324.66 million, making it one of the average sized funds in its category.

Large cap companies typically have a market capitalization above $10 billion and are considered more stable options due to their predictable cash flows and lower volatility compared to mid and small cap counterparts. Blend ETFs hold a mix of growth and value stocks as well as those that exhibit both characteristics.

The EDOW has an annual operating expense ratio of 0.5%, which is in line with its peers. It also boasts a 12-month trailing dividend yield of 1.21%. The fund's sector exposure is heavily skewed towards Information Technology, making up about 20% of the portfolio.

Looking at individual holdings, The Travelers Companies, Inc. (TRV) accounts for approximately 3.59% of total assets, followed by International Business Machines Corporation (IBM) and Caterpillar Inc. (CAT). The top 10 holdings account for around 35.12% of total assets under management.

In terms of performance, EDOW seeks to match the Dow Jones Industrial Average Equal Weight Index before fees and expenses. Over the past year, it has returned roughly 20.99% as of August 13, 2026. With a beta of 0.83 and standard deviation of 12.53% for the trailing three-year period, EDOW offers relatively stable exposure to the Large Cap Blend segment.