Key stats
About First Trust Dorsey Wright Momentum & Low Volatility ETF
Expense ratio
0.60%
Home page
Inception date
Sep 5, 2018
DVOL combines two technical strategies: momentum and low volatility. 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, DVOL selects the 50 securities with the lowest trailing 1-year volatility. Holdings are weighted by the inverse of volatility, such that low-vol holdings get more weight. DVOL 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
Producer Manufacturing
Retail Trade
Electronic Technology
Stocks99.93%
Finance23.63%
Producer Manufacturing15.34%
Retail Trade12.71%
Electronic Technology12.41%
Distribution Services9.23%
Consumer Services5.86%
Commercial Services5.76%
Industrial Services4.31%
Technology Services3.73%
Health Services3.56%
Health Technology1.38%
Non-Energy Minerals1.11%
Process Industries0.90%
Bonds, Cash & Other0.07%
Cash0.07%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history