Key stats
About First Trust Dorsey Wright Momentum & Value ETF
Home page
Inception date
Sep 5, 2018
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
Identifiers
3
ISIN US33741L2079
DVLU combines two strategies: momentum and value. 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, DVLU selects the 50 securities with the highest value scores. Value scores are calculated from four metrics: price/sales, price/book, price/earnings, and price/cash flow. Selected stocks are also weighted by their value scores. DVLU is rebalanced quarterly.
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
Distribution Services
Stocks99.96%
Finance33.26%
Distribution Services15.98%
Health Services7.82%
Producer Manufacturing7.43%
Non-Energy Minerals6.73%
Transportation5.89%
Consumer Durables4.58%
Health Technology4.32%
Utilities3.58%
Retail Trade3.50%
Technology Services2.14%
Consumer Services1.74%
Electronic Technology1.16%
Industrial Services1.01%
Commercial Services0.82%
Bonds, Cash & Other0.04%
Cash0.04%
Stock breakdown by region
North America95.60%
Europe4.40%
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
DVLU invests in stocks. The fund's major sectors are Finance, with 33.26% stocks, and Distribution Services, with 15.98% of the basket. The assets are mostly located in the North America region.
DVLU top holdings are TD SYNNEX Corporation and General Motors Company, occupying 3.60% and 3.49% of the portfolio correspondingly.
DVLU last dividends amounted to 0.09 USD. The quarter before, the issuer paid 0.06 USD in dividends, which shows a 32.48% increase.
DVLU assets under management is 43.47 M USD. It's fallen 11.51% over the last month.
DVLU fund flows account for 7.57 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, DVLU pays dividends to its holders with the dividend yield of 0.72%. The last dividend (Dec 31, 2025) amounted to 0.09 USD. The dividends are paid quarterly.
DVLU shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Sep 5, 2018, and its management style is Passive.
DVLU expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
DVLU follows the Dorsey Wright Momentum Plus Value Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DVLU invests in stocks.
DVLU price has fallen by −0.38% over the last month, and its yearly performance shows a 21.43% increase. See more dynamics on DVLU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.15% over the last month, have fallen by −0.15% over the last month, showed a 6.62% increase in three-month performance and has increased by 21.33% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.15% over the last month, have fallen by −0.15% over the last month, showed a 6.62% increase in three-month performance and has increased by 21.33% in a year.
DVLU trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.