FCEF vs NDOW
First Trust Income Opportunity ETF compared with Anydrus Advantage ETF on yield, payout growth, payment schedule, cost and risk.
FCEF
First Trust Income Opportunity ETF
TTM yield · Monthly
NDOW
Anydrus Advantage ETF
TTM yield · Semi-annual
Quick take
- FCEF yields more today: 7.27% vs 2.37% (forward).
- FCEF pays every month; NDOW pays twice a year.
- Over the last year NDOW delivered the higher total return: +7.6% vs +6.0% (price change plus payouts).
- NDOW is cheaper to own: 2.11% vs 3.69% expense ratio.
- FCEF has the steadier distribution: consistency 99/100 vs 32/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FCEF | NDOW |
|---|---|---|
| Share price | $22.60 | $28.82 |
| TTM yield | 7.27% | 1.19% |
| Forward yield | 7.27% | 2.37% |
| Annual payout per share | $1.644 | $0.684 |
| Payment frequency | Monthly | Semi-annual |
| Next ex-date | Nov 13, 2026 (est.) | Dec 15, 2026 (est.) |
| Expense ratio | 3.69% | 2.11% |
| 1-year payout growth | +1.5% | — |
| 5-year payout CAGR | +6.9% | — |
| Consecutive years of increases | 0 years | 1 year |
| Payout consistency (last 12) | 99/100 | 32/100 |
| 1-year total return | +6.0% | +7.6% |
| 1-year price return | -1.2% | +6.3% |
| Size (market cap / AUM) | 80.9M | 67.9M |
| Years paying | 10.0 | 1.8 |
| Sector / category | Global Moderately Conservative Allocation | Global Moderately Conservative Allocation |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| FCEF | NDOW | |
|---|---|---|
| Shares | 442.4 | 347.0 |
| Income per year | $727 | $237 |
| Income per month (avg) | $61 | $20 |
At forward yields, before taxes. Model FCEF · Model NDOW
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FCEF Nov 13, 2026 | Nov 30, 2026 | $0.137 | Est. |
| FCEF Dec 13, 2026 | Dec 30, 2026 | $0.137 | Est. |
| FCEF Jan 12, 2027 | Jan 29, 2027 | $0.137 | Est. |
| NDOW Dec 15, 2026 | Dec 29, 2026 | $0.342 | Est. |
| NDOW Jun 15, 2027 | Jun 29, 2027 | $0.342 | Est. |
Annual payouts per share
FCEFNDOW
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, FCEF or NDOW?
FCEF currently has the higher trailing yield: FCEF yields 7.27% and NDOW yields 1.19%. Yield changes daily with price, so check the live figures above.
How often do FCEF and NDOW pay?
FCEF pays every month and NDOW pays twice a year. FCEF's next ex-date is Nov 13, 2026 and NDOW's is Dec 15, 2026.
Is FCEF or NDOW better for income?
It depends on what you are optimising for. FCEF and NDOW differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.