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 January 2021
Asset Under Management 124.30 Million (USD)
1 Month Total Return 1.78 %
Year To Date Return 1.33 %
1 Year Total Return 8.49 %
3 Year Annualized Total Return
NAV 24.86
Share Outstanding 5,000,000
Top 10 Holdings (21 January 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
DOLLAR GENERAL CORP DG EQUI 0.0296166151
CHARTER COMMUNICATIONS INC-A CHTR EQUI 0.0291953895
MORNINGSTAR INC MORN EQUI 0.0285397926
DANAHER CORP DHR EQUI 0.0284086599
ALPHABET INC-CL A GOOGL EQUI 0.0279837716
THERMO FISHER SCIENTIFIC INC TMO EQUI 0.0276247195
AGILENT TECHNOLOGIES INC A EQUI 0.0275193405
TYLER TECHNOLOGIES INC TYL EQUI 0.0274639992
Liberty Broadband Corporation (Class A) LBRDA EQUI 0.0273982557
GARMIN LTD GRMN EQUI 0.0273939303