DVOL

Fund Description
The First Trust Dorsey Wright Momentum & Low Volatility 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 Low Volatility 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 & Low Volatility ETF
Fund Exchange Ticker DVOL
Fund Sponsor First Trust
Fund ISIN US33741L1089
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 Low Volatility 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 21 June 2019
Asset Under Management 43.60 Million (USD)
1 Month Total Return 3.70 %
Year To Date Return 22.21 %
1 Year Total Return
3 Year Annualized Total Return
NAV 21.8
Share Outstanding 2,000,000
Top 10 Holdings (21 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
BLACKSTONE MORTGAGE TRU-CL A BXMT EQUI 0.0312000000
REPUBLIC SERVICES INC RSG EQUI 0.0309000000
WR BERKLEY CORP WRB EQUI 0.0307000000
WASTE MANAGEMENT INC WM EQUI 0.0285000000
NEXTERA ENERGY INC NEE EQUI 0.0279000000
ARTHUR J GALLAGHER & CO AJG EQUI 0.0279000000
CHIMERA INVESTMENT CORP CIM EQUI 0.0277000000
WEC ENERGY GROUP INC WEC EQUI 0.0275000000
SUN COMMUNITIES INC SUI EQUI 0.0275000000
EQUITY LIFESTYLE PROPERTIES ELS EQUI 0.0271000000