Fund Description |
The First Trust Dorsey Wright DALI 1 ETF seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called the Nasdaq DorseyWright DALI 1 Index (the "Index"). The Nasdaq Dorsey Wright DALI 1 Index is designed to provide exposure to the asset class that Dorsey, Wright & Associates (DWA) believes may outperform using their Dynamic Asset Level Investing (DALI) process. The Nasdaq Dorsey Wright DALI1 Index is a rules-based, quantitatively enabled index which is designed to catch the long-term trends of both the market and strong asset classes when the overall environment is bullish and supportive of higher prices. |
Fund Profile |
Fund Name |
First Trust DorseyWright DALI 1 ETF |
Fund Exchange Ticker |
DALI |
Fund Sponsor |
First Trust |
Fund ISIN |
US33738R7127 |
Net Expense Ratio |
0.91 % |
Fund Inception Date |
14 May 2018 |
Fund Legal Structure |
ETF (Open end fund) |
Exchange |
NASDAQ |
Listing Country Code |
US |
Fund Investment Objective |
ETF Type Specific |
Multi-Asset / Other |
Asset Class |
Target Date / Multi-Asset |
Index Linked |
Passive |
Index Name |
Nasdaq DorseyWright DALI 1 Index |
Index Provider |
Nasdaq |
Currency Hedged |
No |
Inverse / Leveraged |
Not Applicable |
Developed / Emerging |
Funds Combining Developed & Emerging Exposure |
Key Statistics |
Return As of Date |
14 January 2021 |
Asset Under Management |
66.67 Million (USD) |
1 Month Total Return |
8.94 % |
Year To Date Return |
5.98 % |
1 Year Total Return |
8.31 % |
3 Year Annualized Total Return |
|
NAV |
22.99 |
Share Outstanding |
2,900,000 |