DVOL
·NASDAQ
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Key Stats
Assets Under Management
80.30MUSD
Fund Flows (1Y)
22.57MUSD
Dividend Yield
0.86%
Discount/Premium to NAV
-0.02%
Shares Outstanding
2.30M
Expense Ratio
0.60%
About First Trust Dorsey Wright Momentum & Low Volatility ETF
Issuer
First Trust Advisors L.P.
Brand
First Trust
Inception Date
Sep 5, 2018
Structure
Open-Ended Fund
Index Tracked
Dorsey Wright Momentum Plus Low Volatility Index
Management Style
Passive
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
DVOL combines two technical strategies: momentum and low volatility. 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 stock's 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, DVOL selects the 50 securities with the lowest trailing 1-year volatility. Holdings are weighted by the inverse of volatility, such that low-vol holdings get more weight. DVOL is rebalanced quarterly.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Total Market
Niche
Broad-based
Strategy
Technical
Geography
U.S.
Weighting Scheme
Volatility
Selection Criteria
Technical
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +1.65% | +0.27% | +2.77% | +2.06% | +32.21% | +43.29% |
NAV Total Return | -0.96% | -0.87% | +3.75% | +0.31% | +33.27% | +53.13% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Financial Services
28.39%
Industrials
26.41%
Energy
8.34%
Consumer Defensive
8.26%
Real Estate
7.30%
Consumer Cyclical
6.44%
Technology
3.64%
Healthcare
3.57%
Communication Services
3.07%
Financial Services
28.39%
Industrials
26.41%
Energy
8.34%
Consumer Defensive
8.26%
Real Estate
7.30%
Consumer Cyclical
6.44%
Technology
3.64%
Healthcare
3.57%
Communication Services
3.07%
Show more
Asset
Region
98.78%
1.23%
Category
Ratio
North America
98.78%
Latin America
1.23%
Investment Style
Mega
Large
Medium
Multi
Small
Value
Blend
Growth
Multi-Cap Growth
Comprises companies of multiple sizes that have high growth potential. These ETFs focus on firms across different market caps with promising growth prospects.
Top 10 Holdings
Symbol
Ratio
WELL
Welltower
3.31%
WMT
Walmart
3.19%
CBOE
Cboe Global Markets
3.14%
HLT
Hilton Worldwide
3.07%
BK
New York Mellon
3.02%
MA
Mastercard
2.95%
V
Visa
2.94%
USFD
Us Foods Holding
2.94%
TRV
The Travelers Companies
2.84%
RTX
RTX
2.78%
Top 10 Weight 30.18%
51 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-12 | 2025-12-12 | 2025-12-31 | 0.101 |
| 2025-09-25 | 2025-09-25 | 2025-09-30 | 0.053 |
| 2025-06-26 | 2025-06-26 | 2025-06-30 | 0.060 |
| 2025-03-27 | 2025-03-27 | 2025-03-31 | 0.087 |
| 2024-12-13 | 2024-12-13 | 2024-12-31 | 0.108 |
| 2024-09-26 | 2024-09-26 | 2024-09-30 | 0.023 |
| 2024-06-27 | 2024-06-27 | 2024-06-28 | 0.043 |
Show more
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
