FID was created on 2013-08-23 by First Trust. The fund's investment portfolio concentrates primarily on high dividend yield equity. The ETF currently has 162.32m in AUM and 74 holdings. FID tracks an index of up to 100 high-dividend-yielding stocks from developed and emerging markets, ex-US. Constituents are selected and weighted by dividends, with screens for payout ratio and long-term dividend growth.