Key stats
About First Trust Dorsey Wright International Focus 5 ETF
Home page
Inception date
Jul 22, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33738R8869
IFV is an alpha-seeking international country rotation ETF-of-ETFs. Starting with the First Trust single-country/region ETF universe, IFV uses a Dorsey Wright relative-strength model to construct a focused portfolio consisting of only five equally weighted international ETFs. The model uses momentum as its key input, while the underlying ETFs use the complex AlphaDEX portfolio construction model. The end product is a momentum-based country rotation portfolio with non-vanilla exposure to the selected markets. The index is reconstituted and rebalanced bi-monthly. Due to this, the fund may experience a higher portfolio turnover.
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
ETF
Bonds, Cash & Other100.00%
ETF99.86%
Cash0.14%
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
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IFV top holdings are First Trust China AlphaDEX Fund and First Trust Eurozone AlphaDEX ETF, occupying 22.46% and 19.88% of the portfolio correspondingly.
IFV last dividends amounted to 0.07 USD. The quarter before, the issuer paid 0.27 USD in dividends, which shows a 285.63% decrease.
IFV assets under management is 180.04 M USD. It's risen 2.89% over the last month.
IFV fund flows account for −31.69 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IFV pays dividends to its holders with the dividend yield of 2.14%. The last dividend (Sep 30, 2025) amounted to 0.07 USD. The dividends are paid quarterly.
IFV shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Jul 22, 2014, and its management style is Passive.
IFV expense ratio is 1.09% meaning you'd have to pay 1.09% of your investment to help manage the fund.
IFV follows the Dorsey Wright International Focus Five Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IFV invests in funds.
IFV price has fallen by −1.14% over the last month, and its yearly performance shows a 18.03% increase. See more dynamics on IFV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.19% over the last month, showed a 6.58% increase in three-month performance and has increased by 22.30% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.19% over the last month, showed a 6.58% increase in three-month performance and has increased by 22.30% in a year.
IFV trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.