Key stats
About First Trust Dorsey Wright Momentum & Dividend ETF
Home page
Inception date
Mar 10, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33738R6962
DDIV combines two strategies: momentum and dividends. The index initially whittles down its large- and mid-cap universe by conducting a relative strength analysis. A point and figure chart is created for each security, comparing the stocks daily performance to that of the broader universe. Each stock is classified as a buy or a sell using this method, and the sells are filtered out. From this short list, DDIV selects the 50 securities with the highest current dividend yields. Holdings are also weighted by dividend yield. DDIV is rebalanced quarterly. DDIV previously traded under the ticker QINC and tracked an index of high-yield stocks with strong fundamental characteristics. The fund changed its name, index, and ticker on September 5, 2018.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Utilities
Industrial Services
Stocks99.94%
Finance51.83%
Utilities11.51%
Industrial Services10.79%
Consumer Durables5.65%
Electronic Technology5.55%
Technology Services3.72%
Communications3.44%
Consumer Non-Durables3.24%
Distribution Services1.64%
Health Technology0.98%
Retail Trade0.85%
Consumer Services0.76%
Bonds, Cash & Other0.06%
Cash0.06%
Stock breakdown by region
North America99.07%
Europe0.93%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DDIV invests in stocks. The fund's major sectors are Finance, with 51.83% stocks, and Utilities, with 11.51% of the basket. The assets are mostly located in the North America region.
DDIV top holdings are Simon Property Group, Inc. and Antero Midstream Corp., occupying 4.69% and 4.39% of the portfolio correspondingly.
DDIV last dividends amounted to 0.18 USD. The quarter before, the issuer paid 0.18 USD in dividends, which shows a 0.55% increase.
DDIV assets under management is 65.56 M USD. It's fallen 0.96% over the last month.
DDIV fund flows account for 2.51 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DDIV pays dividends to its holders with the dividend yield of 2.11%. The last dividend (Jun 30, 2025) amounted to 0.18 USD. The dividends are paid quarterly.
DDIV shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Mar 10, 2014, and its management style is Passive.
DDIV expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
DDIV follows the Dorsey Wright Momentum Plus Dividend Yield Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DDIV invests in stocks.
DDIV price has risen by 2.60% over the last month, and its yearly performance shows a 13.50% increase. See more dynamics on DDIV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.70% over the last month, showed a 7.11% increase in three-month performance and has increased by 15.74% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.70% over the last month, showed a 7.11% increase in three-month performance and has increased by 15.74% in a year.
DDIV trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.