First Trust Dow 30 Equal Weight ETF
First Trust Dow 30 Equal Weight ETF (AMEX: EDOW) is an exchange-traded fund listed on NYSE Arca, trading at $44.84 (about ₹4,308 a unit) as of 28 Sep 2026, 3:59 PM ET. It has an expense ratio of 0.5% and holds 30 securities. Indian residents can buy EDOW through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$44.76
Today's high
$45.03
52 week low
$39.13
52 week high
$46.90
EDOW opened at $44.76, closed previously at $45.06, and has traded between $39.13 and $46.90 over the past 52 weeks.
About
The First Trust Dow 30 Equal Weight ETF is engineered to replicate the financial performance, encompassing both price appreciation and dividend income, of the Dow Jones Industrial Average Equal Weight Index, before factoring in the ETF's own fees and expenses. To achieve this objective, the Fund typically allocates at least 90% of its net assets, including any capital acquired through borrowing, directly into the common stocks that constitute this underlying index. Employing a passive indexing strategy, the ETF endeavors to mirror the Index's returns prior to any deductions for operational costs. The investment management team targets a strong alignment, aiming for a correlation of 0.95 or higher between the Fund's performance and the Index, acknowledging that a perfect correlation would be represented by a figure of 1.00.
Key statistics
Expense ratio
0.5%
Assets (AUM)
$317.6M
Holdings
30
NAV
$45.06
Avg. volume
—
1-year price change
+13.06%
5-year price change
+47.84%
Price change excludes dividends.
Top 10 holdings
EDOW holds 30 securities in total. These 10 are 34.8% of the fund.
Where the money is invested
Sectors
Countries
How to buy EDOW from India
Indian residents can buy EDOW units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search EDOW and buy
Find the fund by its ticker, EDOW, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in EDOW from India
Trading and taxes when buying EDOW from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the EDOW price today?
First Trust Dow 30 Equal Weight ETF (EDOW) last traded at $44.84 on NYSE Arca, as of 28 Sep 2026, 3:59 PM ET. That is ₹4,308 a unit at the 28 Sep 2026 USD/INR rate.
When does EDOW trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is EDOW, and what does it cost to hold?
First Trust Dow 30 Equal Weight ETF manages about $317.6M. Its expense ratio is 0.5% a year, deducted inside the fund. It launched in 2017.
What are EDOW's largest holdings?
The top three are Apple Inc. (3.6%), Amgen Inc. (3.6%) and Microsoft Corporation (3.5%). EDOW's 10 largest positions make up 34.8% of the fund.
Does EDOW pay dividends?
Yes. EDOW is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on EDOW taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of EDOW?
Yes. You can buy EDOW by amount rather than by whole unit, and there is no minimum trade size.
How has EDOW performed?
EDOW's price is up 13.1% over the past year and up 47.8% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.