DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

$36.58

+0.18 (+0.49%)

AUM $74.97M

Expense Ratio 0.60%

NAV $36.57

Holdings 51

Asset Class Large Cap Equity

Inception 09/05/2018

Provider First Trust

Top Holdings

1 CBOE Cboe Global Markets, Inc. 3.27% 2 VTR Ventas, Inc. 3.21% 3 TJX The TJX Companies, Inc. 3.21% 4 MCK McKesson Corporation 3.10% 5 OHI Omega Healthcare Investors, Inc. 3.09% 6 WELL Welltower Inc. 3.06% 7 BNY The Bank of New York Mellon Corporation 3.02% 8 DTM DT Midstream, Inc. 3.01% 9 COST Costco Wholesale Corporation 2.99% 10 BK The Bank of New York Mellon Corporation 2.97%

Fund Description

The First Trust Dorsey Wright Momentum & Low Volatility ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Low Volatility Index (the "Index"). Under normal conditions, the Fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and was developed by Nasdaq, Inc. (the "Index Provider").