Key stats
About First Trust Dorsey Wright Momentum & Value ETF
Expense ratio
0.60%
Home page
Inception date
Sep 5, 2018
DVLU combines two strategies: momentum and value. The index initially whittles down its large- and mid-cap universe by conducting a relative strength analysis. A point and figure chart is created for each security, comparing the stocks daily performance to that of the broader universe. Each stock is classified as a buy or a sell using this method, and the sells are filtered out. From this short list, DVLU selects the 50 securities with the highest value scores. Value scores are calculated from four metrics: price/sales, price/book, price/earnings, and price/cash flow. Selected stocks are also weighted by their value scores. DVLU is rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Consumer Durables
Energy Minerals
Stocks99.94%
Finance30.01%
Consumer Durables16.53%
Energy Minerals11.66%
Non-Energy Minerals9.02%
Retail Trade7.08%
Distribution Services5.27%
Health Services4.89%
Process Industries4.35%
Electronic Technology2.66%
Consumer Non-Durables2.49%
Utilities2.43%
Technology Services1.34%
Industrial Services1.17%
Producer Manufacturing1.06%
Bonds, Cash & Other0.06%
Cash0.06%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history