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 14 January 2021
Asset Under Management 27.09 Million (USD)
1 Month Total Return 8.14 %
Year To Date Return 3.87 %
1 Year Total Return -1.20 %
3 Year Annualized Total Return
NAV 25.8
Share Outstanding 1,050,000
Top 10 Holdings (14 January 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
STARWOOD PROPERTY TRUST INC STWD EQUI 0.0551325305
REGIONS FINANCIAL CORP RF EQUI 0.0486203563
LYONDELLBASELL INDU-CL A LYB EQUI 0.0456156427
STORE CAPITAL CORP STOR EQUI 0.0390769370
ViacomCBS Inc. VIAC EQUI 0.0376942657
The AES Corporation AES EQUI 0.0318545736
VENTAS INC VTR EQUI 0.0312691839
DISCOVER FINANCIAL SERVICES DFS EQUI 0.0311831815
BROADCOM INC AVGO EQUI 0.0310945396
SYNCHRONY FINANCIAL SYF EQUI 0.0305591298