DVLU - First Trust Dorsey Wright Momentum & Value ETF
| Assets | $34.53M |
| NAV | $23.02 |
| Expense Ratio | 0.60% |
| PE Ratio | 16.71 |
| Beta (5Y) | 1.38 |
| Dividend (ttm) | $0.19 |
| Dividend Yield | 0.82% |
| Ex-Dividend Date | Mar 25, 2021 |
| 1-Year Return | - |
| Trading Day | April 16 |
| Last Price | $23.17 |
| Previous Close | $23.01 |
| Change ($) | 0.16 |
| Change (%) | 0.70% |
| Day's Open | 23.21 |
| Day's Range | 23.09 - 23.17 |
| Day's Volume | 2,205 |
| 52-Week Range | 11.96 - 24.22 |
Fund Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Value 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 index is a rules-based equity index designed to track the overall performance of the 50 most undervalued stocks comprising the NASDAQ US Large Mid Index that exhibit high levels of relative strength. The fund is non-diversified.
| Asset Class Equity | Inception Date Sep 5, 2018 |
| Exchange NASDAQ | Ticker Symbol DVLU |
| Index Tracked Dorsey Wright Momentum Plus Value Index | |
Top 10 Holdings
30.67% of assets| Name | Symbol | Weight |
|---|---|---|
| Invesco | IVZ | 3.38% |
| Santander Consumer USA | SC | 3.31% |
| General Motors | GM | 3.30% |
| Mohawk Industries | MHK | 3.20% |
| L Brands | LB | 3.16% |
| Nexstar Media Group | NXST | 3.06% |
| Whirlpool | WHR | 2.88% |
| AutoNation | AN | 2.85% |
| Ally Financial | ALLY | 2.80% |
| WestRock | WRK | 2.73% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 25, 2021 | $0.0297 | Mar 31, 2021 |
| Dec 24, 2020 | $0.0729 | Dec 31, 2020 |
| Sep 24, 2020 | $0.051 | Sep 30, 2020 |
| Jun 25, 2020 | $0.034 | Jun 30, 2020 |
| Mar 26, 2020 | $0.083 | Mar 31, 2020 |
| Dec 13, 2019 | $0.0964 | Dec 31, 2019 |
Momentum and value are two distinct investment factors, and they're rarely married under a single ETF umbrella. The First Trust Dorsey Wright Momentum & Value ETF (DVLU) is changing the conversation.
Momentum strength is always good to have as a tailwind for an uptrending ETF, but what about a fund that captures the comeback in value as well? Thankfully, there is such a fund in the First Trust Dorse...
While every corner of the market is enjoying this ascent, high-beta ETFs and stocks seem a perfect bet at present.