First Asset Active Canadian Dividend ETF Review (FDV) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 46/100
This equity ETF has an MER of 1.27%. With higher than average fees, it’s a premium option. Managing 236 million in assets, it’s widely trusted by investors. Suitable for those seeking growth with a medium to high risk tolerance.
 
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.

FDV trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The First Asset Active Canadian Dividend (FDV) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.  

What is the First Asset Active Canadian Dividend ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 1.27%. This ETF trades on the TSX exchange.

FDV stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $236MM

Expense Ratio: 1.27%

Price: $24.38 (Updated: 3/7/2024)



First Asset Active Canadian Dividend (FDV) Breakdown by Market Cap

CategoryValue
Mega24.59783
Big45.59311
Medium26.48866
Small2.40762
Micro0

First Asset Active Canadian Dividend (FDV) Sector Breakdown

SectorEquity %Relative to Category
Consumer Cyclical18.234.33
Financial Services28.670.84
Real Estate1.700.48
Consumer Defensive5.120.71
Healthcare7.201.62
Utilities9.151.20
Communication Services7.540.87
Energy5.210.45
Industrials9.040.97
Technology8.141.66

First Asset Active Canadian Dividend (FDV) Geographic Breakdown

RegionEquity %Relative to Category
North America10099.347
United Kingdom00.27192
Europe Developed00.317
Europe Emerging00
Africa/Middle East00
Japan00.028
Australasia00.003
Asia Developed00.002
Asia Emerging00.001
Latin America00.029

FDV Management Expense Ratio

FDV has a management expense ratio of  1.27% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  First Asset Active Canadian Dividend TSX ETF

You can buy  FDV on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:  
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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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