DVLU

Fund Description
The First Trust Dorsey Wright Momentum & Value ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called the Dorsey Wright Momentum Plus Value 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"). The Dorsey Wright Momentum Plus Value Index is a rules-based equity index that is designed to track the overall performance of the 50 most undervalued stocks within the NASDAQ US Large Mid Cap Index that maintain high levels of relative strength. The Dorsey Wright Momentum Plus Index Family ( Indexes ) selects securities based on individual stock momentum plus a fundamental factor (value, dividend yield or volatility). Each security in the Index must pass minimum momentum requirements and greater weights are given to securities with better factor scores.
Fund Profile
Fund Name First Trust Dorsey Wright Momentum & Value ETF
Fund Exchange Ticker DVLU
Fund Sponsor First Trust
Fund ISIN US33741L2079
Net Expense Ratio 0.60 %
Fund Inception Date 5 September 2018
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 Value 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 5 August 2020
Asset Under Management 13.46 Million (USD)
1 Month Total Return 7.48 %
Year To Date Return -23.28 %
1 Year Total Return -15.79 %
3 Year Annualized Total Return
NAV 14.96
Share Outstanding 900,002
Top 10 Holdings (5 August 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
TOLL BROTHERS INC TOL EQUI 0.0364000000
PULTEGROUP INC PHM EQUI 0.0359000000
ALLY FINANCIAL INC ALLY EQUI 0.0334000000
LKQ Corporation LKQ EQUI 0.0329000000
AARON'S INC AAN EQUI 0.0328000000
NRG ENERGY INC NRG EQUI 0.0327000000
SANTANDER CONSUMER USA HOLDI SC EQUI 0.0323000000
SYNCHRONY FINANCIAL SYF EQUI 0.0322000000
OSHKOSH CORP OSK EQUI 0.0308000000
TWO HARBORS INVESTMENT CORP TWO EQUI 0.0305000000