The final domestic dividend-based exchange-traded fund (ETFs) I want to feature for you in my current series is First Trust Value Line Dividend ETF (FVD).

Roughly 90% of FVD’s total of $2.3 billion assets are invested in common stocks that comprise the Value Line Dividend Index. That index, in turn, is comprised of U.S. companies that pay above-average dividends and have a good outlook for capital appreciation.