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 22 March 2019
Asset Under Management 29.96 Million (USD)
1 Month Total Return 2.78 %
Year To Date Return 16.64 %
1 Year Total Return -0.01 %
3 Year Annualized Total Return 6.41 %
NAV 23.97
Share Outstanding 1,250,000
Top 10 Holdings (22 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
NEW RESIDENTIAL INVESTMENT NRZ EQUI 0.0526000000
CHIMERA INVESTMENT CORP CIM EQUI 0.0496000000
BLACKSTONE MORTGAGE TRU-CL A BXMT EQUI 0.0425000000
WP CAREY INC WPC EQUI 0.0366000000
ONEOK INC OKE EQUI 0.0360000000
BROADCOM INC AVGO EQUI 0.0286000000
RYMAN HOSPITALITY PROPERTIES RHP EQUI 0.0282000000
CUBESMART CUBE EQUI 0.0282000000
SANTANDER CONSUMER USA HOLDI SC EQUI 0.0255000000
EXTRA SPACE STORAGE INC EXR EQUI 0.0250000000