🇨🇦 Canada ETF Radar · TOR

FDL

First Trust Morningstar Dividend Leaders ETF (CAD-Hedged)

Dividend / Income · Unclassified · Unclassified

Stable uptrend
Country Radar Open Chart
Recent price path FDL recent weekly close path 41 CAD 24 Jul 2026
Weekly Return -0.4% latest completed week
4-Week Return 3.6% short momentum
Trend Gap 3.0% Trend positive
Fair Gap 24.5% vs fair value
Volume 0.0x 0 latest
Market Dynamics -0.40 negative and improving
Relative Strength -1.42 vs country ETF tape
Opportunity 13.6 composite radar score
Risk 0.7 -0.5% drawdown · 1.6% volatility
Price Action

Price, Trend Line, Fair Value

12 months
FDL weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
FDL Market Dynamics and relative strength
Market Dynamics Relative Strength Volume
Signal View

What it shows

Above Trend Line Market Dynamics improving

Balanced read: watch trend, volume, and four-week follow-through for the next clue.

Trend, drawdown, and follow-through are constructive.

FDL sits in Dividend / Income, so read it as a Canada exposure first and a single ETF second.

The latest week moved -0.4%; the four-week move is 3.6%, which helps separate one-week noise from actual follow-through.

Trend is positive, volume is running at 0.0x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • Price is above fair value with a positive trend setup
Risk Signals

What needs caution

  • Momentum is fading after a stronger short-term run
  • Thin relative volume can make the signal less reliable
  • Market Dynamics is still negative
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 XDIV · TOR iShares Core MSCI Canadian Quality Dividend Index ETF 🇨🇦 Canada · Dividend / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.6% 4W 5.9% Vol 1.5x 0.6% 2 BANK · TOR Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund 🇨🇦 Canada · Dividend / Income Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -1.3% 4W 4.2% Vol 1.4x -1.3% 3 IDIV-B · TOR Manulife Smart International Dividend ETF 🇨🇦 Canada · Dividend / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.9% 4W 4.5% Vol 2.0x 3.9% 4 XDV · TOR iShares Canadian Select Dividend Index ETF 🇨🇦 Canada · Dividend / Income Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -0.1% 4W 3.3% Vol 1.7x -0.1% 5 TBNK · TOR TD Canadian Bank Dividend Index ETF 🇨🇦 Canada · Dividend / Income Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -2.3% 4W 2.3% Vol 2.2x -2.3% 6 RBNK · TOR RBC Canadian Bank Yield Index ETF 🇨🇦 Canada · Dividend / Income Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -2.3% 4W 1.5% Vol 1.5x -2.3% 7 VDY · TOR Vanguard FTSE Canadian High Dividend Yield Index ETF 🇨🇦 Canada · Dividend / Income Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -0.2% 4W 4.0% Vol 1.0x -0.2% 8 XHU · TOR iShares U.S. High Dividend Equity Index ETF 🇨🇦 Canada · Dividend / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 2.5% 4W 3.2% Vol 1.0x 2.5% 9 CCDC · TOR CIBC Canadian High Dividend Covered Call ETF 🇨🇦 Canada · Dividend / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.2% 4W 1.8% Vol 1.8x 0.2% 10 HMAX · TOR Hamilton Canadian Financials YIELD MAXIMIZER ETF 🇨🇦 Canada · Dividend / Income Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -1.5% 4W 1.4% Vol 1.4x -1.5%
Latest Event

Historical signal events

Recent Trend Line crossings and Market Dynamics buy signals from the weekly history.

No recent signal events in the available weekly history.

FDL

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
1 Aug 2025 34 CAD 33 CAD 29 CAD % 0.82 -5.80 900
8 Aug 2025 34 CAD 33 CAD 29 CAD 0.2% 0.52 -7.86 400
15 Aug 2025 35 CAD 33 CAD 29 CAD 2.7% 0.48 -5.74 0
22 Aug 2025 35 CAD 34 CAD 29 CAD 0.9% 0.45 -6.15 1.2K
29 Aug 2025 35 CAD 34 CAD 30 CAD 0.8% 0.63 -5.92 300
5 Sep 2025 35 CAD 34 CAD 30 CAD -0.2% 0.83 -7.42 200
12 Sep 2025 35 CAD 34 CAD 30 CAD -0.3% 0.89 -8.19 400
19 Sep 2025 35 CAD 34 CAD 30 CAD -0.7% 0.80 -10.01 0
26 Sep 2025 35 CAD 34 CAD 30 CAD -0.3% 0.66 -10.01 400
3 Oct 2025 35 CAD 34 CAD 30 CAD 1.3% 0.59 -10.70 400
10 Oct 2025 35 CAD 34 CAD 30 CAD -2.0% 0.27 -10.42 300
17 Oct 2025 34 CAD 34 CAD 30 CAD -1.4% -0.08 -12.13 300
24 Oct 2025 35 CAD 34 CAD 30 CAD 2.0% -0.26 -10.76 400
31 Oct 2025 34 CAD 34 CAD 30 CAD -1.4% -0.55 -11.42 1.3K
7 Nov 2025 34 CAD 34 CAD 30 CAD -0.5% -0.64 -10.56 300
14 Nov 2025 35 CAD 34 CAD 30 CAD 2.7% -0.48 -9.14 100
21 Nov 2025 34 CAD 34 CAD 30 CAD -2.0% -0.59 -10.20 500
28 Nov 2025 35 CAD 34 CAD 30 CAD 2.4% -0.43 -11.33 1.6K
5 Dec 2025 36 CAD 34 CAD 30 CAD 1.2% -0.15 -9.79 1.1K
12 Dec 2025 36 CAD 34 CAD 30 CAD 0.9% -0.00 -9.33 100
19 Dec 2025 36 CAD 35 CAD 30 CAD -0.8% 0.37 -10.42 1.5K
26 Dec 2025 36 CAD 35 CAD 30 CAD 0.9% 0.49 -10.03 100
2 Jan 2026 36 CAD 35 CAD 30 CAD -0.3% 0.54 -9.77 0
9 Jan 2026 37 CAD 35 CAD 31 CAD 2.6% 0.80 -9.26 1.0K
16 Jan 2026 37 CAD 35 CAD 31 CAD 1.6% 1.02 -8.75 900
23 Jan 2026 37 CAD 35 CAD 31 CAD 0.4% 1.23 -8.49 400
30 Jan 2026 38 CAD 35 CAD 31 CAD 0.8% 1.42 -4.01 300
6 Feb 2026 40 CAD 35 CAD 31 CAD 6.2% 1.52 0.32 700
13 Feb 2026 41 CAD 36 CAD 31 CAD 1.7% 1.52 0.29 100
20 Feb 2026 41 CAD 36 CAD 31 CAD 0.3% 1.62 -1.41 700
27 Feb 2026 41 CAD 36 CAD 31 CAD 0.6% 1.77 -2.06 1.1K
6 Mar 2026 41 CAD 36 CAD 31 CAD -1.6% 1.70 0.27 700
13 Mar 2026 40 CAD 36 CAD 31 CAD -1.1% 1.63 1.10 1.1K
20 Mar 2026 40 CAD 37 CAD 31 CAD -0.4% 1.40 4.81 700
27 Mar 2026 41 CAD 37 CAD 31 CAD 2.3% 1.29 5.24 1.5K
3 Apr 2026 41 CAD 37 CAD 31 CAD -0.5% 1.04 1.34 300
10 Apr 2026 41 CAD 37 CAD 32 CAD 0.1% 0.83 -0.14 600
17 Apr 2026 40 CAD 37 CAD 32 CAD -1.1% 0.57 -2.90 0
24 Apr 2026 40 CAD 38 CAD 32 CAD -0.7% 0.21 -2.14 1.1K
1 May 2026 41 CAD 38 CAD 32 CAD 1.6% -0.02 -0.35 400
8 May 2026 39 CAD 38 CAD 32 CAD -3.0% -0.38 -3.63 100
15 May 2026 40 CAD 38 CAD 32 CAD 0.8% -0.57 -1.98 100
22 May 2026 41 CAD 38 CAD 32 CAD 2.5% -0.65 -1.20 900
29 May 2026 40 CAD 38 CAD 32 CAD -1.2% -0.76 -3.05 300
5 Jun 2026 40 CAD 39 CAD 32 CAD -0.3% -0.76 -2.16 0
12 Jun 2026 41 CAD 39 CAD 32 CAD 1.8% -0.57 -1.75 800
19 Jun 2026 39 CAD 39 CAD 32 CAD -4.1% -0.76 -5.67 0
26 Jun 2026 40 CAD 39 CAD 33 CAD 1.0% -0.71 -4.56 900
3 Jul 2026 40 CAD 39 CAD 33 CAD 1.4% -0.62 -3.77 700
10 Jul 2026 40 CAD 39 CAD 33 CAD -0.2% -0.69 -3.94 1.0K
17 Jul 2026 41 CAD 40 CAD 33 CAD 2.9% -0.47 -0.94 100
24 Jul 2026 41 CAD 40 CAD 33 CAD -0.4% -0.40 -1.42 0