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 22 March 2019
Asset Under Management 15.80 Million (USD)
1 Month Total Return -0.66 %
Year To Date Return 20.36 %
1 Year Total Return
3 Year Annualized Total Return
NAV 17.56
Share Outstanding 900,002
Top 10 Holdings (22 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
SANTANDER CONSUMER USA HOLDI SC EQUI 0.0328000000
ON SEMICONDUCTOR CORP ON EQUI 0.0327000000
CACI INTERNATIONAL INC -CL A CACI EQUI 0.0324000000
ALLY FINANCIAL INC ALLY EQUI 0.0316000000
LEIDOS HOLDINGS INC LDOS EQUI 0.0298000000
ASSURED GUARANTY LTD AGO EQUI 0.0292000000
OSHKOSH CORP OSK EQUI 0.0289000000
VISTRA ENERGY CORP VST EQUI 0.0283000000
POPULAR INC BPOP EQUI 0.0282000000
NEW RESIDENTIAL INVESTMENT NRZ EQUI 0.0280000000