DDIV

Fund Description
The First Trust Dorsey Wright Momentum & Dividend ETF, formerly the First Trust RBA Quality Income ETF, seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called the Nasdaq Dorsey Wright Momentum + Yield 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 Funds investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Funds 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").
Fund Profile
Fund Name First Trust Dorsey Wright Momentum & Dividend ETF
Fund Exchange Ticker DDIV
Fund Sponsor First Trust
Fund ISIN US33738R6962
Net Expense Ratio 0.60 %
Fund Inception Date 11 March 2014
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Factor & Thematic
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Dorsey Wright Momentum Plus Dividend Yield Index
Index Provider Nasdaq
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 15 July 2019
Asset Under Management 31.88 Million (USD)
1 Month Total Return 3.04 %
Year To Date Return 24.89 %
1 Year Total Return 5.21 %
3 Year Annualized Total Return 6.49 %
NAV 25.5
Share Outstanding 1,250,000
Top 10 Holdings (15 July 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
CHIMERA INVESTMENT CORP CIM EQUI 0.0500000000
CVR ENERGY INC CVI EQUI 0.0493000000
NEW RESIDENTIAL INVESTMENT NRZ EQUI 0.0481000000
BLACKSTONE MORTGAGE TRU-CL A BXMT EQUI 0.0424000000
ONEOK INC OKE EQUI 0.0299000000
LAMAR ADVERTISING CO-A LAMR EQUI 0.0286000000
INTERPUBLIC GROUP OF COS INC IPG EQUI 0.0285000000
CUBESMART CUBE EQUI 0.0269000000
SANTANDER CONSUMER USA HOLDI SC EQUI 0.0266000000
CORESITE REALTY CORP COR EQUI 0.0265000000