First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)

Assets	$80.30M
Expense Ratio	0.60%
PE Ratio	25.58
Shares Out	2.30M
Dividend (ttm)	$0.30
Dividend Yield	0.85%
Ex-Dividend Date	Dec 12, 2025
Payout Frequency	Quarterly
Payout Ratio	21.90%

Volume	1,967
Open	35.14
Previous Close	35.15
Day's Range	35.14 - 35.47
52-Week Low	31.30
52-Week High	36.58
Beta	0.81
Holdings	51
Inception Date	Sep 5, 2018

About DVOL

Fund Home Page

The First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Low Vol index. The fund tracks an index of 50 large- and mid-cap, low-volatility stocks exhibiting relative strength. Holdings are weighted by the inverse of their volatility. DVOL was launched on Sep 5, 2018 and is issued by First Trust.

• Asset Class: Equity
• Category: Large Blend
• Stock Exchange: NASDAQ
• Ticker Symbol: DVOL
• ETF Provider: First Trust
• Index Tracked: Dorsey Wright Momentum Plus Low Vol Index

Top 10 Holdings

30.04% of assets

Name	Symbol	Weight
Welltower Inc.	WELL	3.27%
Walmart Inc.	WMT	3.16%
Cboe Global Markets, Inc.	CBOE	3.09%
The Bank of New York Mellon Corporation	BK	3.04%
Hilton Worldwide Holdings Inc.	HLT	3.01%
Mastercard Incorporated	MA	2.95%
Visa Inc.	V	2.95%
US Foods Holding Corp.	USFD	2.92%
The Travelers Companies, Inc.	TRV	2.86%
RTX Corporation	RTX	2.79%

Dividends

Ex-Dividend	Amount	Pay Date
Dec 12, 2025	$0.1008	Dec 31, 2025
Sep 25, 2025	$0.0529	Sep 30, 2025
Jun 26, 2025	$0.0604	Jun 30, 2025
Mar 27, 2025	$0.0869	Mar 31, 2025
Dec 13, 2024	$0.1082	Dec 31, 2024
Sep 26, 2024	$0.023	Sep 30, 2024

Performance

DVOL had a total return of 5.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.26%.