Key stats
About First Trust Dorsey Wright Focus 5 ETF
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Inception date
Mar 6, 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
Identifiers
3
ISIN US33738R6053
FV uses the Dorsey Wright relative strength model to make big bets on US sectors and global themes. The fund holds just 5 ETFsall from First Trustchosen from the issuer's entire stable of broad US sector funds and narrower global niche plays. The 5 ETFs are selected based on relative price momentum. The selected funds are then weighted equally in the portfolio. Note that while the underlying index measures relative strength weekly, an ETF won't drop out until it falls below the median level of relative strength in FV's small universe. This buffer is meant to reduce turnover. The underlying ETFs often use multi-factor exposure rather than cap-weighting, typically overweighting mid-caps. In short, FV looks nothing like a typical plain-vanilla global ETF. Still, the fund rounds out the picture of an accessible alternative exposure to global equities. The index is evaluated on a bi-monthly basis.
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
ETF
Bonds, Cash & Other100.00%
ETF99.80%
Cash0.20%
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
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FV top holdings are First Trust Nasdaq Semiconductor ETF and First Trust Dow Jones Internet Index Fund, occupying 20.40% and 20.14% of the portfolio correspondingly.
FV last dividends amounted to 0.14 USD. The quarter before, the issuer paid 0.10 USD in dividends, which shows a 25.46% increase.
FV assets under management is 3.76 B USD. It's risen 3.13% over the last month.
FV fund flows account for −512.44 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, FV pays dividends to its holders with the dividend yield of 0.59%. The last dividend (Dec 31, 2025) amounted to 0.14 USD. The dividends are paid quarterly.
FV shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Mar 6, 2014, and its management style is Passive.
FV expense ratio is 0.87% meaning you'd have to pay 0.87% of your investment to help manage the fund.
FV follows the Dorsey Wright Focus Five Total Return Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FV invests in funds.
FV price has risen by 4.49% over the last month, and its yearly performance shows a 6.10% increase. See more dynamics on FV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.72% over the last month, showed a 8.39% increase in three-month performance and has increased by 6.76% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.72% over the last month, showed a 8.39% increase in three-month performance and has increased by 6.76% in a year.
FV trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.