| 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 |